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Univa UD Appoints New CEO


Lisle, IL, July 6, 2010 – Univa UD, the only company to enable premise virtualization through its unique hybrid multi-cloud management software, announced today the appointment of Mr. Gary Tyreman to the role of Chief Executive Officer.

Mr. Tyreman has served as the company’s Senior Vice President of Products and Alliances since 2008. Under Tyreman’s leadership, Univa has refined and brought to market its successful set of cloud management products that address the needs of large hybrid clouds and EDA private design clouds.

"We are delighted that Gary has accepted the role of chief executive," said Rik Vandevenne, Principal, River Cities Capital Funds and board member, Univa. "He is a young, dynamic leader with very strong product vision, technical skills and business planning expertise. The strength of Univa’s business lies with our innovative technology, customer relationship management, and supplier partnerships. Gary has a proven track record in each of these areas. The Board is confident that he has the talent and energy to continue to lead the development of our customer proposition and to spearhead the company’s growth."

The company has experienced continued growth in the last three quarters, recently accelerated by demand for its ability to seamlessly manage workload migration across both internal and external clouds. Univa enjoys market differentiation in this area based on its unique premise virtualization capabilities, which effectively make "LEGO® blocks" out of software and hardware profiles so that provisioning a complete application on any infrastructure, regardless of location, is as simple as "snapping" profiles together.

"We expect our best year ever based on the opportunities in front of us, the repeatability of our processes, and the uniqueness of our solution," said Tyreman. "We’re putting all our wood behind one arrow, so to speak, by sharpening focus on the solutions that serve our most important cloud use cases and customer sets."

About Univa UD

Univa UD is a leading provider of cloud management software, providing companies worldwide with award-winning products to build and manage internal cloud environments, leverage public cloud services, and enable cloud service offerings for end customers. Visit us at www.univaud.com.

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Source: Univa


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