Company Also Announces Executive Management Transition
November 29, 2007
Mountain View, Calif. – November 29, 2007 – Azul Systems today announced that over the past quarter, the company has secured a significant number of new customers and partners. The new customers have included some of the biggest names in the financial and consumer industries, such as Creditex, Inc. In addition to its new customers, Azul Systems has brought on board new partners such as Vignette and GemStone to connect with customers in a variety of industries such as enterprise, Web services and telecommunications, including British Telecom (BT) and British Sky Broadcasting.
Over the past quarter, Azul Systems experienced a surge in customer deployments. Industry power players such as Bear Sterns and Creditex have deployed the Azul Compute Appliance to support significant applications and prepare for unusual peak traffic loads. Partnerships with GemStone and Vignette will combine the company’s award-winning Compute Appliance with additional technologies to provide customers such as BT and Sky Broadcasting with scalable solutions.
In addition to the new customers and partners, Azul Systems also announced the promotion of Scott Sellers as the company’s president and chief executive officer. Mr. Sellers will immediately assume the role of CEO as Stephen DeWitt becomes the company’s new chairman of the board. A co-founder of Azul in 2002 and a member of the board of directors since its inception, Mr. Sellers has held a variety of senior management positions at Azul and was most recently the company’s president and COO. Prior to Azul, Mr. Sellers co-founded 3dfx Interactive in 1995 and served in various executive management roles, helping to lead the company through its initial public offering. In his role as chairman of the board, Mr. DeWitt will continue his role in setting the company’s strategic direction, and will spend additional time on expanding Azul’s customer base and strategic relationships.
“Over the last few years, we have successfully evolved from a technology-focused startup to a company that is delivering business-critical solutions to some of the world’s most demanding customers in the financial services, telecom and retail industries,” said Stephen DeWitt, Azul’s newly appointed Chairman of the Board. “Since inception, Scott has been a significant influence on the company’s success, and I am pleased to announce his promotion to president and CEO of the company.”
“As one of Azul Systems’ co-founders, I have a strong belief in the future of Azul Systems and am honored by the appointment as the company’s new president and CEO,” said Scott Sellers, new president and CEO, Azul Systems. “Our strong and loyal customer base validates the breakthrough innovation Azul has brought to the marketplace. As I assume this new role, I look forward to guiding Azul Systems to becoming a major global technology and product leader.”
“Scott brings multiple facets of leadership to Azul Systems, including strategic vision, technology direction, operational excellence and a relentless focus on execution,” said Peter Wagner, a representative of Azul’s board of directors and a partner at Accel Partners, a lead investor in the company. “We are excited about the future prospects for Azul and the energy, passion and commitment that Scott brings to his new role.”
About Azul Systems
Azul Systems is a global provider of enterprise server appliances that deliver compute and memory resources as a shared network service to transaction-intensive applications, such as those built on the Java™ platform. Azul Compute Appliances enable transparent, massively scalable infrastructure to support the business priorities of today’s most demanding enterprise environments and deliver increased capabilities, capacity, and utilization at a fraction of the cost of traditional computing models. More information on Azul Systems can be found at www.azulsystems.com.
Azul Systems and Azul are registered trademarks, and the Azul arch logo is a trademark of Azul Systems, Inc. in the United States and other countries. All Java-based trademarks and their logos are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. Other marks are the property of their respective owners and are used here only for identification purposes.