ENTERTAINMENT

Industry veteran to spearhead new product development, lead data center automation software company into enterprise market: Evergrid, a provider of global data center automation software, today announced that Fred van den Bosch, a current member of Evergrid's board of directors, will become the company's Chief Executive Officer beginning November 1, 2007. Van den Bosch was formerly CEO of PANTA Systems, a provider of large-scale data warehouse appliances, and executive vice president and Chief Technology Officer (CTO) at VERITAS Software. "Fred's leadership in helping grow VERITAS made him our ideal candidate to help scale Evergrid. He is very familiar with Evergrid, and has extensive experience in both enterprise software and high performance computing environments," said John Jarve, managing director of Menlo Ventures and member of the Evergrid board of directors. "Our products uniquely address requirements for improved availability, utilization, and automation in the data center, originating from the expanding use of clusters of commoditized servers. There is a huge opportunity ahead for Evergrid, and that requires the high level of expertise that Fred has demonstrated throughout his career." said B.J. Arun, founder and chairman, Evergrid. Van den Bosch has served on the Evergrid board of directors since the company was founded in 2004. During his 13.5-year tenure at VERITAS, he built the company's product organization from 15 to 1500 people, and successfully managed its development partnerships with major hardware and software vendors. Fred was instrumental in crafting VERITAS' strategy and initiating new product initiatives through internal development and acquisition. He actively participated in structuring and managing strategic alliances, and in sales to major accounts. Fred van den Bosch "Evergrid's technology foundation, created by a strong team under the leadership of CTO and founder Dr. Srinidhi Varadarajan, has enabled the creation of a compelling family of products that address the challenges of managing rapidly growing, scale-out computing environments," said Fred van den Bosch. "The company will soon be adding several exciting products targeting enterprise online workloads to its existing family of products, which will address the needs of batch processing applications." As data centers expand and use increasingly large quantities of commodity servers, managing to high levels of utilization while guaranteeing customer service levels is becoming a major challenge. Evergrid's patented technology allows the creation of products that add application awareness to the management of data center resources and complement existing solutions that focus on the management of physical and virtualized resources. Its products support both large-scale distributed and complex multi-tier application environments. For more information, visit its Web site.