Layered Tech Gets New CEO

PLANO, Texas -- The Board of Directors of Layered Technologies, Inc., a leading global provider of on-demand hosting and utility computing solutions, today announced the appointment of Mr. John(Jack) Finlayson as Chief Executive Officer of the Corporation. Mr.Finlayson was also elected to serve as Chairman of the Board of Directors.Michael Platner, co-founder of Layered Technologies and CEO since the inception in 2004, will continue as a board member and become Vice Chairman of the Board of Directors.

Finlayson, 52, recently served as a Director for Layered Technologies and a consultant with the Company for Enhanced Equity Fund LP. Previously, Mr.Finlayson served for 6 1/2 years as President and COO of SAVVIS Communications, Inc. where he was an integral part of the SAVVIS IPO, the integration of Cable and Wireless America and the overall significant profitable growth of the SAVVIS business. Prior to SAVVIS, Finlayson held the positions of SVP at Global Crossing Inc. and Corporate VP and GM for the Americas and Asia Wireless Infrastructure Group at Motorola. Finlayson also held multiple executive positions in marketing, management and sales at AT&T.

The board of the Company issued the following statement: "Layered Technologies is pleased to have attracted such a qualified and visionary leader in Jack Finlayson. This addition to the team demonstrates the strength and potential of Layered Technologies products, services and strategy. Jack's years of experience in growing and optimizing IT Infrastructure providers will continue to fuel the rapid growth Layered Tech has experienced since its inception."

"In four years at the helm, Michael Platner led the growth from a startup to a top 10 hosting provider in the US," said newly appointed CEO Finlayson. "I am excited about the opportunity with Layered Technologies. I believe the market demand is on the rise and the opportunities ahead of the Company are significant. The top line growth experienced over the last 4 years is a testament to the leadership and focus Michael Platner and Company co-founder, President and Chief Operating Officer Todd Abrams have instilled in the organization. I look forward to working with Todd while relying on Michael as a strategic ally."

Layered Technologies Inc.