Neuron Data Names Michael Braun President and CEO; Braun to Direct Company to Leadership Position in High-End Tools Market.MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--July 31, 1996--Neuron Data, a world leader in open tools for enterprise class applications, today announced the appointment of Michael A. Braun as president 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. . Braun formerly held the same position at Kaleida Labs Kaleida Labs was one of several joint ventures between Apple Computer and IBM in a period of alliance between the two companies. The two computer giants sought to counter the influence of Microsoft and the growing dominance of its Windows operating system. , Inc. Braun's strong leadership, managerial and marketing skills will drive the company's expansion in the fast growing enterprise application tools market, an opportunity estimated to be $3 billion by the year 2000. Former CEO and Neuron Data co-founder Patrick Perez said, "Since founding Neuron Data over a decade ago, Alain Rappaport, Jean-Marie Chauvet and I have taken great joy in developing the most advanced object technology available today, allowing our customers to produce stunning applications. Mike Braun's leadership skills and professional management experience will deliver the aggressive growth that Neuron Data requires now. As we depart from our day-to-day management roles, we are excited about the future and plan to support Mike and the company in any way we can." "I came to Neuron Data because it has assets and opportunities that most privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. only dream about," said Braun. "We have products with a proven ability to bring simplicity to an increasingly complex world." Braun added, "The company has all the makings for success -- thousands of customers like NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. that have built demanding cross-platform systems with our products; new products that will expand our market; unparalleled experience in the toughest applications areas, and an increasingly global presence. My priorities are straightforward. We'll continue to increase our technical advantage by introducing more exceptional products and implement a growth plan that capitalizes on what is clearly a tremendous market opportunity." Elements Environment 2.0 is a breakthrough application development environment distinguished by its open architecture. Its tools reduce the cost of developing enterprise class applications in diverse system environments. With Elements, developers produce a single code base that supports every major operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. , database, and native language, incorporating multiple object models, like Ole, CORBA (Common Object Request Broker Architecture) A software-based interface from the Object Management Group (OMG) that allows software modules (objects) to communicate with each other no matter where they are located on a private network or the global and Java with any distributed systems Distributed systems (computers) A distributed system consists of a collection of autonomous computers linked by a computer network and equipped with distributed system software. architecture. Elements' open environment permits users to easily interface existing tools of choice or new ones, without committing an entire shop to a closed applications development environment. "I think the appointment of Mike Braun as CEO represents a unique opportunity for Neuron Data," said Mike Kennedy Michael Kennedy (born April 13, 1972 in Toronto, Ontario, Canada) is a former professional ice hockey centre who played in the National Hockey League from 1994-95 to 1998-99 for the Dallas Stars, Toronto Maple Leafs and New York Islanders. , program director for META Group. "They've always had a compelling technology for high-end applications development. Now they've added significant business development and marketing expertise to the company." Before joining Neuron Data, Braun was CEO of Kaleida Labs, the Apple/IBM joint venture building ScriptX, a platform-independent programming language for multimedia applications. ScriptX brought together object technology, dynamic languages and digital media for the first time, allowing Kaleida's customers to build CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). applications that could execute media applets dynamically downloaded from the Web. The venture's operations were transferred to Apple Computer in January. Prior to that, Braun spent over 20 years with 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) where his executive assignments spanned enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. , mini-computer marketing, the launch of the IBM PC A PC made by IBM. IBM created the PC industry in 1981 when it introduced its first model with 16KB of RAM. However, it was way off in its estimates, projecting that 250,000 units would be sold in the first five years. In fact, about three million IBM PCs were sold in that period. into corporate America, channel development, and interactive media. Named IBM's VP of Multimedia in 1990, he founded IBM's Multimedia Publishing business and has been a prominent evangelist and visionary for the industry. Braun is currently chairman of the board of the Interactive Multimedia Association, the world's largest and most prominent trade association for the multimedia industry. NEURON DATA BACKGROUND Headquartered in Mountain View, Calif., Neuron Data, with revenues of $25 million, is a global market leader of component-based development software for building business-critical applications. The company's Elements product line is used by corporate developers, commercial software vendors and system integrators worldwide. Its Elements 2.0 product is the industry's first component-based development environment to allow the assembly of interoperable objects, including Java, CORBA, and C++. Neuron Data serves its customer base from 12 offices worldwide, including international locations in London, Paris, Frankfurt and Tokyo, and through distributors located throughout the Pacific Rim, Europe, South America and Africa. For more about Neuron Data, see the company's Web site at http://www.neurondata.com. -0- Note to Editors: Photographs of Michael Braun are available from Neuron Data. Elements Environment, InterOperable Objects Element, Web Element, Distributed Messaging Element, Object Server, OOScript, and Web Control are trademarks of Neuron Data, Inc. CONTACT: Neuron Data, Inc. Scott Smith, 415/943-2587 scottsmith@neurondata.com or Miller/Shandwick Technologies Suzanne Matick or Lisa Kelaita, 415/962-9550 |
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