04-02-2007 02:55 PM CET - IT, New Media & Software
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Reldata Strengthens its Executive Team

Press release from: Reldata Inc.
PR Agency: www.jprcom.com
(openPR) - Parsippany, N.J. – March 26, 2007 RELDATA, the pioneer of a new generation of unified networked storage systems, announced today a powerful extension to its executive management team with the appointment of David G. Hubbard as Chief Operating Officer and Steve G. Vogel as Chief Financial Officer and General Counsel. Both will be reporting to the President and Chief Executive Officer, Boris Anderer.

Hubbard brings an impressive track record of creating revenue growth for vendors within the IT and storage networking industry. His twenty-five year career includes executive management roles at Radware (President-Americas for IP switching solutions), Qlogic (VP/GM of their SAN switching division), Inrange/Computerm (Sr. VP Sales & Marketing of their remote data mirroring business), Computer Network Technology (Sr. Director Marketing) and Digital Equipment Corporation. He will be responsible for the marketing, product management, business development, sales, and technical services operations of RELDATA. Hubbard will work closely with Kirill Malkin, Chief Technology Officer and EVP Engineering.

Vogel, a CPA and Attorney, brings a strong financial and administrative background to RELDATA with more than 10 years of CFO experience at both public and privately held technology companies. Most recently he served as CFO and senior VP of finance at Chordiant Software (NASDAQ:CHRD) where he led the company to its first two quarters of profitability. His former executive positions included CFO, general counsel and VP Finance at Tessera, iLogistics, Microbank, and Transform Logic. Vogel will be responsible for RELDATA’s finance, legal, administrative and human resources functions.

«I am delighted that Dave and Steve have joined the RELDATA team,» commented Boris Anderer. «Dave’s wealth of operational experience and customer-focused approach to marketing and product management, together with Steve’s broad financial background, will make a significant contribution towards positioning RELDATA for sustainable product growth and financial performance.»

RELDATA recently announced a 300 percent increase in revenues for 2006, adding customers in education, financial services, automotive, defense and healthcare. Incorporated in Delaware, and previously known as Reliable Data Technology Inc., RELDATA has focused on manufacturing networked storage systems since the year 2000.

«RELDATA’s technology paves the way towards a new generation of high availability storage networking solutions. This, along with the quality of the products, and the strong executive team that’s now been assembled, made it an easy decision for us to recently strengthen our financial commitment in the company,» said Jochen Klueppel, partner of Grazia Equity, one of the leading Venture Capital firms in Europe. Klueppel added, «We choose our investments with great care and guarantee 100% commitment to our portfolio companies.»

About RELDATA
RELDATA is the leading provider of a new generation of unified IP storage systems that enable open enterprise-class IP SAN, NAS and data replication solutions. RELDATA systems offer truly parallel IP SAN and NAS access to industry-standard Fibre Channel, SCSI and iSCSI storage resources, as well as comprehensive disaster recovery capabilities based on a variety of replication and snapshot features. The unrivaled price/performance ratio of universal access storage solutions based on RELDATA systems introduce dramatic cost savings to enterprise storage infrastructures with rapidly-growing and distributed mixed file and block data volumes. RELDATA is headquartered in New Jersey with European offices in Germany and UK. RELDATA products are available worldwide through authorized value-added resellers and system integrators. More information is available at www.reldata.com

CONTACT AGENCY:
Judy Smith
judys@jprcom.com
JPR Communications
818-386-0403

CONTACT CLIENT:
Boris Anderer
President and CEO
973-644-2770
News-ID: 17760
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