PowerCloud Systems Scales Executive Management Team

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April 18, 2012
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PowerCloud Systems Scales Executive Management Team

Company Positions Itself for Rapid Growth as It Prepares to Bring Networking as a Service to Millions

PALO ALTO, Calif., April 18, 2012 /PRNewswire/ -- PowerCloud(TM) Systems, the leading online software platform provider for enabling Networking as a Service (NaaS), today announces it has expanded its executive management team as it prepares to bring to market its next-generation NaaS solutions to millions of global users.

(Logo: http://photos.prnewswire.com/prnh/20111214/SF22403LOGO)

Key Facts

    --  PowerCloud Systems has assembled a world-class team of industry veterans
        and business leaders to scale its operations globally and bring its NaaS
        solutions to millions of users.
    --  PowerCloud's CloudCommand software platform delivers cloud-management
        functionality to networking devices, and the company has brought to
        market multiple NaaS-based solutions through OEM partnerships and
        distribution agreements. CloudCommand-based NaaS solutions combine
        affordable hardware, simple setup, remote management and a portfolio of
        business-grade networking features.
    --  The new executive team members build on PowerCloud's success to date and
        will lead efforts to rapidly grow the company across all corporate
        divisions, including engineering, business development and operations.
    --  New additions include an accomplished SaaS technology leader, a veteran
        financial officer and several company advisors - all with strong records
        of bringing emerging-growth companies to the next level of success.
    --  New Vice President of Engineering & Operations Seetharaman "Mani"
        Ramasubramani is an accomplished technology executive in the SaaS and
        mobile-data industries.  As VP of engineering at Synchronoss
        Technologies and SVP at FusionOne (which Synchronoss acquired), his team
        built highly scalable synchronization and backup solutions in a SaaS and
        in-carrier model that serve a global user base of 100+ million.
        Previously, Mani advanced from being the first employee at Phone.com to
        running a global engineering operation by the time the company became
        Openwave Systems.
    --  Chief Financial Officer Paul Denton provides two decades of
        strategic-leadership experience as an executive at numerous
        emerging-growth technology companies.  In 2011, he was part of the
        executive team that successfully sold Zvents to eBay-owned StubHub.  He
        has held CFO and executive management roles at OpenDNS, FusionOne,
        Determina, Andale and Zembu.
    --  Joining PowerCloud's board of advisors is David Nalley and Keith Newman.
        Nalley, an influential channel executive, is the former vice president
        and general manager of Ingram Micro's direct, corporate and consumer
        markets division.  Newman is a partner marketing expert whose executive
        roles include president of IDG's Services Group.

    --  With the scaling of the CloudCommand platform and the executive
        additions, PowerCloud Co-Founder Andrea Peiro assumes the new role of
        chief technology and product officer, where he will continue to drive
        the vision and productization of the NaaS platform.

Comment

"Networking as a Service represents a technology and business-model innovation that will fundamentally change the networking industry," said PowerCloud Systems CEO Jeff Abramowitz.  "PowerCloud is the partner of choice for vendors driving the new paradigm, and our executive team brings the experience and vision necessary to scale globally."

About PowerCloud Systems

PowerCloud Systems is the leading online software platform provider for enabling Networking as a Service (NaaS). Its CloudCommand technology provides OEMs and service providers with the most powerful and cost-effective path for adding comprehensive cloud capabilities to their new and existing networking equipment.  Based in Palo Alto, Calif., PowerCloud Systems is a spin-out from PARC that is funded by Qualcomm Ventures, Walden Venture Capital, Javelin Venture Partners and PARC. For more information, visit http://www.powercloudsystems.com.

CONTACT: Peter Mullen, +1-650-812-4922, phmullen@powercloudsystems.com

SOURCE  PowerCloud Systems

Photo:http://photos.prnewswire.com/prnh/20111214/SF22403LOGO
http://photoarchive.ap.org/
PowerCloud Systems

Web Site: http://www.powercloudsystems.com

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