Agiliance Names New CEO

SAN JOSE, Calif. -- Agiliance, a leading provider of IT Governance, Risk and Compliance (IT GRC) solutions, today announced the appointment of Patrick Conte as President and Chief Executive Officer. Conte, a 20-year veteran of the high technology industry has been selected to drive Agiliance's market leadership as it continues to execute on the market opportunity presented by the emerging IT-GRC space. Pravin Kothari, founding CEO of Agiliance, will take on the new role of Chief Technology Officer where he will continue to build Agiliance's product leadership.

"After extensive due diligence, I reached the conclusion that Agiliance is positioned to be the gold standard for managing the IT components of the rapidly converging fields of governance, risk management, and compliance," said Conte. "We have all the elements required for success - a robust product portfolio, deep intellectual property, a top notch executive team and strong, strategic relationships with customers and partners. As the IT GRC space continues to crystallize, we are strongly positioned to be a trusted partner for any large enterprise that needs to manage IT complexity in a highly dynamic business and regulatory environment. As President and CEO, I look forward to contributing to Agiliance's ongoing thought and market leadership."

With a proven track record of successfully growing companies, Conte joins Agiliance from Teneros, a leading producer of zero-downtime, non-intrusive, "plug-and-go" Application Continuity Appliances, where he was Executive Vice President and General Manager of Field Operations. Before Teneros, Conte was at Topspin Communications, which was acquired by Cisco in 2005. At Topspin, he led their go-to-market strategy for its industry-leading line of switch-based server virtualization solutions, and formed key OEM partnerships with the industry's top system vendors. Prior to Topspin, Conte was VP of Sales & Marketing for Cobalt Networks, one of the top IPOs of 1999, and which was acquired by Sun Microsystems in 2000. At Sun, he continued as Vice President of Volume Systems. Earlier in his career, Conte served as Vice President of Sales & Channels at Dynamic Pictures which was acquired by 3D Labs, EVP and GM of Sales & Marketing at Netscaler, and VP of Sales at Wyse Technology. Conte holds a Bachelor's degree in political science and history from James Madison University, and a Masters degree in international relations from Northern Illinois University.

"Agiliance enters a new era of growth with the addition of Pat Conte, and we are thrilled to have him -- his ability to grow companies and his wealth of sales and marketing experience will greatly benefit Agiliance as we continue to execute on the excellent market opportunity before us," said Pravin Kothari, Founder and CTO of Agiliance. "With Pat at the helm, I can focus all my efforts on doing what I am passionate about - developing elegant, scalable, and innovative solutions that serve a clear business need."

Agiliance Inc.