Peter Gyenes Joins Marathon Technologies' Board of Directors; Former Ascential CEO Brings Growth and Value Creation Experience; Reinforces Seasoned Team of Directors.LITTLETON, Mass. -- Marathon Technologies Corporation, the leading provider of high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue. solutions for Microsoft(R) Windows(R) environments announced today that computer and software industry leader, Peter Gyenes, has joined the company's Board of Directors. Gyenes, who served as Chairman and Chief Executive Officer of Ascential Software Corporation, was a driving force in building the company to be the leader in data integration, culminating in the $1.1 billion acquisition of the company by 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) in April 2005. Gyenes was officially appointed to Marathon's board on March 1, 2006. "We are pleased to welcome Peter to our board of directors," said Gary R. Phillips, 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. of Marathon. "His strong background in the software and computer systems industry, combined with his operational experience and strategic vision will be tremendous assets to the company, as we continue to strive for exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. and a market leadership position in the high availability market space." Gyenes joins the following distinguished members of Marathon's Board of Directors: --Allan Wallack, Chairman --Gary Phillips, President and CEO, Marathon Technologies --George C. Tranos, Executive Vice President, Strategic Alliances, Marathon Technologies --Paul Margolis, Partner, Longworth Venture Partners --Axel Bichara, Senior Partner, Atlas Venture Atlas Venture is an international early-stage venture capital firm that invests in communications, information technology, and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich, and Paris, and its investments are evenly divided between the "I am thrilled to be joining Marathon Technologies at such an exciting time in the company's lifecycle," added Gyenes. "Its unique and differentiated offerings, innovative vision and talented team, strongly position the company to provide superior value to customers in the expanding market for high availability solutions. I'm looking forward to working with the Marathon team and helping to further their opportunities to build upon the company's highly successful 2005." Peter Gyenes has four decades of experience in sales, marketing, and general management positions within the software and computer systems industry. He served as Chairman and Chief Executive Officer of Ascential (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 : ASCL ASCL Alternate Smart Card Logon ASCL Advanced Sonobuoy Communications/Command Link ASCL Application Standard Component Library ) until it was acquired by IBM in 2005. Prior to Ascential, Gyenes served as Chief Executive Officer of Informix Software where he led the sale of its database business to IBM and the transition from Informix to Ascential. Earlier, Gyenes was Chairman, President, and Chief Executive Officer of Ardent Software, which he joined in May of 1996, which was acquired by Informix in 2000. Before Ardent, Mr. Gyenes served as President and Chief Executive Officer of Racal InterLan Inc. Previously, Mr. Gyenes served in executive sales, marketing, and general management positions at Data General Corporation, Encore Computer Encore Computer was an early pioneer in the parallel computing market based in Marlborough, Massachusetts. They offered a number of designs starting in 1985, they were never as well known as the other pioneers of this field, namely Pyramid, Alliant and Sequent. Corporation and Prime Computer, Inc. He also serves on the boards of Applix, Inc. (NASDAQ: APLX), ViryaNet, Inc. (NASDAQSC: VRYA), a number of privately held technology companies and the Massachusetts Technology Leadership Council. He is a graduate of Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. where he received both his B.A. in mathematics and his M.B.A. degree. About Marathon Technologies: Founded in 1993, Marathon Technologies Corporation is the leading provider of high availability software and service solutions focused on keeping critical business process applications running in a Windows OS environment. Marathon's unique virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. architecture is based on patented technology that unites two unmodified industry-standard servers into a virtual configuration that appears to applications, networks, OS, and system administrators as a single high availability server. Marathon is a privately held, venture-backed corporation based in Littleton, Massachusetts, USA, with offices worldwide. For more information please visit www.marathontechnologies.com or call 978-489-1100 or 888-682-1142. |
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