Atipa Appoints Jeffrey Keenan President.Business/Technology Editors NOTE TO EDITORS: Please note that this press release contains updated information KANSAS CITY, MO--(BUSINESS WIRE)--APRIL 20, 2000 Wall Street Veteran Brings Nearly Two Decades Executive Managerial Experience Successful career in finance, strategic acquisitions, and start-ups perfect fit for Linux provider Atipa Linux Solutions, a leading provider of end-to-end Linux solutions, announced today at Comdex the appointment of Jeffrey J. Keenan as the company's new President. Keenan joins Atipa from IESI IESI Integrated Electronic Standby Instrument (Thales Avionics) IESI Independent Environmental Services Incorporated (Haltom City, TX) Corporation, which he founded in 1995 and where he served as Chairman. Keenan led IESI from a start-up operation to become the 10th largest company in the waste management industry, successfully raising over $140 million of equity capital and integrating over 100 acquisitions in 4 years. As Atipa's new President, Keenan will apply nearly two decades of experience managing strategic growth as a merchant banker and senior executive to lead Atipa's growth in the Linux industry. Prior to founding IESI, Keenan spent 12 years as a partner in several large private equity funds where he specialized in identifying niche markets and producing profitable growth through organic expansion and strategic acquisitions. "Jeffrey's hands-on experience guiding start-up and growth-oriented companies to profitability and his impressive track record in merchant banking will be instrumental to Atipa's future," said Jason Talley, Founder, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Atipa. "His hands-on experience building companies organically and developing strategies that create new revenue streams and profitable growth will be a tremendous asset to Atipa as we continue to expand our markets." "I am very excited to join the Atipa team in Kansas City and help build on their successes to date," said Keenan. "Linux is altering the landscape of how businesses can compete more cost effectively. I believe Atipa is uniquely positioned to take Linux from the `garage' to the corporate boardroom with the quality of its full service offerings and capabilities." Over the course of his merchant banking career, Keenan has sourced and led over 30 transactions involving more than $1 billion of private equity capital. Keenan has served on the Board of Directors of 16 private and publicly traded companies and has been involved in numerous public and private debt and equity securities offerings. In addition to his role as founder and Chairman of IESI, Keenan was senior partner at the WSW Fund, a $250 million private equity fund headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Previously, Keenan was a partner at Acadia Partners, a $1.8 billion private equity fund with operations in New York and Texas. Prior to that, Keenan was a Managing Director at AEA AEA Atomic Energy Authority AEA n abbr (BRIT) (= Atomic Energy Authority) → consejo de energía nuclear; (BRIT) (SCOL) (= Advanced Extension Award) → Investors, a $500 million private equity fund in New York. Keenan holds a BA in economics, and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration and a JD degree from The University of Chicago. About Atipa Linux Solutions Founded in 1994, Atipa Linux Solutions is one of the largest suppliers of pre-configured Linux workstations, servers and clusters for information management today. Best known as one of the first dedicated Linux solutions companies, Atipa partners with other technology and market leaders to make its products available in complete Linux solutions for businesses of all sizes. The company recently received $30 million in equity capital from an investment group led by affiliates of Soros Private Equity Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , TA Associates, and WR Hambrecht + Co WR Hambrecht + Co. is a full service investment bank with headquarters in New York and San Francisco. It specializes in using its unique auction process called OpenIPO to compete with the traditional methods of larger and more established banks. . Headquartered in Kansas City, Mo., Atipa develops, manufactures, licenses and markets solutions, products, technologies and services for business, education, consumer, scientific and engineering and government customers. Atipa provides Linux solutions based on Red Hat (Nasdaq:RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ), SuSE, Caldera caldera: see crater. caldera Large, bowl-shaped volcanic depression that forms when the top of a volcanic cone collapses into the space left after magma is ejected during a violent volcanic eruption. The term is Spanish for “caldron. (Nasdaq: CALD CALD chronic active liver disease. ), and Corel Linux (Nasdaq:CORL CORL Corel Corporation (stock symbol) CORL Coalition of Reef Lovers CORL capital outlay revenue limit CORL change-orientated reflective listening (psychotherapy) CORL Central Ontario Ringette League ). For additional information about Atipa Linux Solutions, see Atipa on the Web at www.atipa.com or call Toll Free (800) 360-4346. Atipa Linux Solutions, Atipa Monolith Server and the Atipa Linux Solutions logo are trademarks of Atipa Linux Solutions. All other names and trademarks mentioned above are held by their respective owners and hereby respectively acknowledged. |
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