DataSynapse Inc. announced the expansion of its executive team with the hire of Roger Blanchette as chief financial officer.

For the fifth consecutive year, DataSynapse doubled its revenues and closed 2005 with more than $25 million in sales and a 40 percent increase in global headcount. Anticipating similar success in 2006 and beyond, the company sought an experienced finance practitioner with an extensive background working with public software companies to help DataSynapse gear up for its next stage of growth.

Armed with more than 20 years of finance and business-related experience within the technology industry, Blanchette will oversee all corporate financial activity, human resource and legal matters throughout the company's global operations. As DataSynapse continues to penetrate new markets and bolster its worldwide sales organization, Blanchette will assist the executive team to further develop and carry out the company's 2006 business objectives, which include continued increased revenue, the formation of new partnerships, the acquisition of new clients in diverse markets and the delivery of products and customer support.

"Roger is an innovative, seasoned financial professional and proven strategist, and we are delighted to have him join our team," said Peter Lee, co-founder and CEO of DataSynapse. "Roger's merger and acquisition experience and work with publicly traded, high-growth technology companies will bring the institutional process, financial controls and reporting discipline needed to prepare DataSynapse for future growth."

Blanchette joins DataSynapse from software company Concord Communications, where he was vice president of finance. During his five-year tenure at Concord, he supported the merger and acquisition activity that resulted in three successful acquisitions and the receipt of an $86 million convertible bond debenture. Blanchette also managed the Sarbanes-Oxley 404 compliance effort and supported the sales process of the company to Computer Associates, which resulted in a purchase price at 70 percent premium in 2005.

Prior to his time at Concord, Blanchette held senior financial positions at numerous technology firms including Scitex America and Information Access Center, an IT outsourcing division of the Thomson Company.

"DataSynapse's rapid growth is propelled by the market demand for application virtualization technologies," said Peg Jackson, DataSynapse board member and managing director of NeoCarta Ventures. "Roger Blanchette brings the financial leadership needed to guide the management team toward the next phase of corporate evolution."