Chutney Technologies Taps Former CacheFlow Executive to Lead Worldwide Marketing.

Business Editors

ATLANTA--(BUSINESS WIRE)--Nov. 1, 2000

Chutney Technologies, an innovative startup in the Internet infrastructure market, announced today the addition of industry veteran Greg Govatos to its executive management team.

As vice president of marketing, Govatos will oversee all facets of Chutney's global marketing activities.

Govatos brings to Chutney more than 15 years of experience in positioning, launching and promoting high-technology products. Most recently, he was director of marketing at CacheFlow (NASDAQ: CFLO), where he drove all corporate and product marketing initiatives. During Govatos' tenure at the company, CacheFlow grew from a pre-IPO startup to the no.1 market share position in the caching appliance segment and a worldwide leader in content networking.

"Greg's same-industry experience will be a strong asset as we promote our unique approach to accelerating and scaling business-critical web sites," said Anindya Datta, Ph.D., CEO of Chutney Technologies. "We are confident he will help us articulate our key messages and competitive differences, reach target audiences and propel the company into a dominant marketplace position."

According to Govatos, "Chutney's solutions are the first to address application and web server processing bottlenecks created by the dynamic generation of web pages. This is a broad-reaching problem, with implications for every e-business that wants to serve growing amounts of customers with increasingly faster performance. Chutney is strategically positioned to dominate this emerging segment, which we've defined as `Dynamic Content Acceleration'."

In addition to his CacheFlow experience, Govatos has held senior marketing management positions with Auspex Systems and EMC Corporation, and served as a business development manager for Hewlett-Packard. He is frequently quoted in the technical and business press and has authored several articles for leading trade publications. Govatos is also on the executive advisory committee of EntNet @ SuperComm, the networking industry's premier conference.

Govatos received a B.S. degree in Marketing from Auburn University and is an Honor's Graduate of Emory University's Goizueta School of Business.

About Chutney Technologies

Chutney has defined and is advancing a new Internet infrastructure category called Dynamic Content Acceleration. Chutney's unique solutions interact with web and application servers to expedite the assembly of dynamic data elements into a user-ready HTML page. Dynamic Content Accelerators decrease web page generation times by 90%+, significantly increasing a site's performance and scalability.

Chutney's patent-pending technology is the result of a decade of research and development by a group of leading scientists in high-performance computing and database systems. This technology has been featured in Red Herring's Venture Market South and placed Chutney on the LocalBusiness "50 to Watch List."

The company is located at 3490 Piedmont Road, Suite 1100, Atlanta, GA 30305. Contact Chutney at 404.442.9911 TEL or on the web at: www.chutneytech.com.