Press Release
Appfluent Technology Appoints Peter Gyenes to its Board of Directors
Former CEO of Ascential Software brings operational experience
and
strategic vision
Rockville, MD, September 7, 2005 - Appfluent Technology, Inc., a leader in query performance and data usage software, today announced the appointment of Peter Gyenes, the former chairman and CEO of Ascential Software, to Appfluent’s Board of Directors.
“Peter brings a stellar track record in shareholder value creation, operational leadership, strategic vision and business execution to this board position,” said Frank Gelbart, CEO of Appfluent Technology. “His experience and perspectives gained from over three decades of leadership in systems and enterprise software companies will provide valuable strategic and operational insights to support our growth objectives.”
Mr. Gyenes has been Chairman and Chief Executive Officer of Ascential Software Corporation (NASDAQ: ASCL), until its acquisition by IBM in April 2005. Mr. Gyenes was formerly Chief Executive Officer of Informix Corporation and led the sale of its database business to IBM and the subsequent transition from Informix to Ascential. Prior to Informix’s acquisition of Ardent Software, Inc., he was chairman, president and Chief Executive Officer of Ardent, which he joined in 1996. Before joining Ardent, he was the 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 Corporation and Prime Computer, Inc. He serves on the boards of Applix, Inc., ViryaNet, Inc., a number of privately held technology companies, and the Massachusetts Software Council. Mr. Gyenes received a Bachelor of Arts degree in Mathematics and a Masters of Business Administration from Columbia University.
“Appfluent offers a unique, easy to deploy software solution that addresses a strategic need throughout all large enterprises. With key strategic partnerships and a large addressable market opportunity, Appfluent is poised to achieve continuing market share growth by delivering superior value through its differentiated offerings,” said Peter Gyenes. “I look forward to helping the company build on its vision and customer momentum to fulfill its potential.”
About Appfluent Technology
Appfluent Technology a leading provider of query performance and data usage software designed to help IT organizations improve the performance of Business Intelligence (BI) and enterprise applications, reduce the number of databases they maintain and quickly deploy new applications. Appfluent provides a suite of products that clean up and consolidate data, optimize query performance based on usage, and rapidly analyze applications for both test and production environments. For more information about Appfluent Technology, please visit the company’s web site at www.appfluent.com.
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