MontaVista Software Appoints Kelly Herrell as Senior Vice President, Strategic Operations.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--May 11, 2004 MontaVista Software Inc., the company powering the embedded revolution, today announced the appointment of Kelly Herrell as the company's new senior vice president of Strategic Operations. In this role, Mr. Herrell will guide corporate business strategy and operationalize growth opportunities. Mr. Herrell has more than 15 years of management experience with high technology companies. His background includes open source and proprietary software, hardware and networking, and addresses markets that include enterprise, telecommunications and service providers. Prior to joining MontaVista, Herrell was a senior executive at Cobalt Networks (formerly Nasdaq: COBT, later acquired by Sun), the leading maker of Linux-based server appliances. Previously, he was a senior executive at CacheFlow (Nasdaq: BCSI BCSI Building Scalable Cisco Internetworks ), the head of worldwide marketing for Oracle's database products, and director of strategy for the large systems division of AT&T Global Information Solutions. "Kelly has proven abilities to identify market opportunities for disruptive technologies," said Jim Ready, 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. and president, MontaVista Software. "He has an impressive track record and we are eager to tap into his vision and expertise as our company continues to grow." "As a company, MontaVista has demonstrated two important proof-points that I believe will propel its growth," said Kelly Herrell. "While MontaVista Linux is already proven as an alternative to the proprietary system software used in the traditional embedded systems market, it also addresses a larger market - specifically, networked devices. These devices, ranging from carrier-grade core network equipment to consumer-grade devices on the network edge, represent tremendous growth potential in the market for embedded system software. I look forward to helping MontaVista capitalize on these opportunities, and am delighted to be part of the team." Mr. Herrell graduated from Cornell University with a master's degree in Business Administration (MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration ). About MontaVista Software MontaVista Software is a leading global supplier of systems software and development tools for intelligent connected devices and associated infrastructure. MontaVista powers the embedded revolution by providing Open Source GNU/Linux-based software solutions. Founded in 1999 by real-time operating system (operating system) Real-Time Operating System - (RTOS) Any operating system where interrupts are guaranteed to be handled within a certain specified maximum time, thereby making it suitable for control of hardware in embedded systems and other time-critical applications. pioneer James Ready, MontaVista offers a family of products that address software developer needs encompassing applications ranging from communications infrastructure to consumer electronics. MontaVista products include MontaVista Linux Professional, Consumer Electronics and Carrier Grade Editions. MontaVista DevRocket, a powerful integrated development environment See IDE. integrated development environment - interactive development environment , delivers state-of-the-art development tools across all product Editions. MontaVista Graphics offers a rich GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. development tools platform. Headquartered in the heart of Silicon Valley, in Sunnyvale, Calif., MontaVista Software is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. funded by leading investors such as Alloy Ventures, China Development Industrial Bank, RRE RRE Red Rock Eater (News Service) RRE Road Race Engineering RRE Remote Roof Easy RRE Residential Real Estate RRE Rise-And-Run-Length Encoding RRE Royal Radar Establishment (Great Britain) Ventures, US Venture Partners, 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. ., as well as IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Infineon Ventures, Intel Capital, Panasonic (Matsushita), Samsung Ventures America, Siemens Venture Capital, Sony, Toshiba America and Yamaha Corporation. Linux is a registered trademark of Linus Torvalds. MontaVista is a registered trademark of MontaVista Software, Inc. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners. |
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