BladeLogic Names New CFO

LEXINGTON, Mass. -- BladeLogic, Inc., a leading provider of next-generation data center automation software, today announced the appointment of John Gavin as Chief Financial Officer. With nearly 30 years of financial and operational management experience, including his background as the Chief Financial Officer for three different publicly-held technology companies, Gavin joins BladeLogic as it rapidly expands its business on a global scale. Gavin will be a member of the executive management team, and will be responsible for leading BladeLogic's financial operations on a worldwide basis.

Prior to joining BladeLogic, Gavin was the CFO for NaviSite, a top tier Internet services and hosting company. At NaviSite, he oversaw the companys financial, accounting, legal, human resources and SEC reporting functions, and played a lead role in refinancing $65 million of debt which was due for repayment in the spring of 2006. Before NaviSite, Gavin was senior vice president and CFO at Cambridge Technology Partners (CTP), where he managed all worldwide financial functions of the company including investor relations activities and internal information systems. Prior to joining CTP, Gavin spent 12 years at Data General Corporation, serving as director of corporate accounting and reporting, vice president and treasurer, vice president and corporate controller, and then CFO. While at Data General he played a major role in building the financial function to support the company’s rapidly growing storage business and helped reshape its infrastructure to return the company to profitability prior to the sale of the company to EMC. Before Data General, Gavin spent 10 years at Price Waterhouse, holding a variety of increasingly senior positions. He holds a Bachelor of Science degree from Providence College, was previously a member of the board of directors and the audit chairman for Ascential Software, and currently serves on the board of directors and is the audit chairman of VistaPrint Ltd.

“Since the company’s inception in 2001, BladeLogic has been one of the fastest growing software companies in any market,” said Dev Ittycheria, president and CEO, BladeLogic. “BladeLogic’s significant growth is directly correlated to the company’s capacity to recruit senior executives who can rapidly scale the business while delivering outstanding operational performance. The appointment of John Gavin as our CFO provides BladeLogic with a seasoned technology executive who brings deep insight and exceptional experience in the financial and operational management of publicly-held technology companies. John’s contributions to BladeLogic will be invaluable as we take the company to the next level.”

“BladeLogic’s track record over the last five years has been impressive to watch,” said John Gavin, chief financial officer, BladeLogic. “As the recognized leader of data center automation, one of the most compelling software markets today, BladeLogic is in terrific position to capitalize on its award-winning technology, large customer base and strong operational history. I am very excited to join the company and look forward to helping it solidify its reputation as a world-class software organization.”

BladeLogic Inc.