Press Release | January 28, 2015

Apprenda Welcomes Former Red Hat President and Cloud Veteran Alex Pinchev to Its Board

TROY, N.Y., Jan. 28, 2015 /PRNewswire/ — Apprenda, the leader in enterprise Platform as a Service (PaaS), announced today thatAlex Pinchev, cloud industry veteran and former President of Global Sales, Services and Field Marketing for Red Hat, has joined Apprenda’s board of directors.

Pinchev is the founder and CEO of Capri Ventures, which provides strategic advisory services to technology startups. Previously he served as President and CEO of Acronis, a leading provider of data protection and disaster recovery software and as President of Global Sales, Services and Field Marketing for Red Hat, where he grew revenue from $50 million to more than $1 billion in nine years.

“Alex is a pioneer in the cloud software business and it’s an honor to have him on our board,” Apprenda CEO Sinclair Schuller said. “He has the experience and vision to help Apprenda take even bigger steps going forward. Our team is lucky to have him.”

Apprenda provides an open and extensible PaaS that minimizes lock-in and works seamlessly with many other services used by the world’s largest companies. With Pinchev on the board, Apprenda will explore ways to connect with more open-source technologies and integrate with the biggest enterprise cloud services. Apprenda will extend its already powerful OneCloud Alliance, which includes partners like Microsoft, Amazon Web Services, Oracle, and NetApp.

Pinchev has also held a range of senior roles for several other technology companies, including MRO Software, Interchip, and MainControl, where he was founder, CEO, and chairman. He currently sits on the board of directors for XebiaLabs, OneCloud Software, Logi Analytics and now, Apprenda.

“It’s no secret that Apprenda is making waves in the Platform as a Service space,” Pinchev said. “First and foremost, I was attracted to this team. Sinclair and his fellow co-founders have created something special, and their growth in the coming years should be impressive. Secondly, this technology is already making an incredible impact inside enterprises, enabling them to successfully transform themselves in a software-driven world.”

About Apprenda

Apprenda is the leading enterprise Platform as a Service (PaaS) powering the next generation of enterprise software development in public, private and hybrid clouds. As a foundational software layer and application run-time environment, Apprenda removes the complexities of building and delivering modern software applications, enabling enterprises to innovate faster. With Apprenda, enterprise development teams can securely deliver an ecosystem of data, services, applications and APIs to internal and external customers across any infrastructure. From the world’s largest banks like JPMorgan Chase to healthcare organizations including McKesson and AmerisourceBergen, Apprenda’s clients are part of a new class of software-defined enterprises, disrupting industries and winning with software. Visit Apprenda online at www.apprenda.com.