VeloBit, Provider of Plug & Play SSD Caching Software, Appoints Mike LaPeters as Vice President of Sales

BOXBOROUGH, MA, Apr 09, 2012 (MARKETWIRE via COMTEX) -- VeloBit, a provider of plug & play SSD caching software, today announced the appointment of Mike LaPeters as Vice President of Sales. Mr. LaPeters will be leading VeloBit's global sales efforts including direct and channel sales. He joins VeloBit as the company prepares for the launch of its VeloBit HyperCache product line.

Mr. LaPeters brings 16 years of experience in building and leading sales organizations and channels for storage and infrastructure software products. Prior to VeloBit, he was VP of North American Sales for AVG Technologies, with overall responsibility for SMB business. Prior to AVG, he was VP Channels for CA Technologies where he drove $75M in annual Recovery Management revenue through a channel of 3,300 VARs. He has also served as VP of Sales & Services for Core Security, VP Sales for Winternals (where he helped drive Winternals acquisition by Microsoft), and Executive Director of WW Sales for Storactive. Mike's early career was in sales and channels roles at Veritas, Seagate Software and Arcada.

"SSD adoption in the enterprise has been stalled by the cost and complexity of deploying SSD," said Mike LaPeters, Vice President of Sales. "VeloBit offers a non-disruptive, cost-effective means to scale IT performance. I look forward to using my experience from working with thousands of storage customers to help companies quickly, easily and inexpensively deploy SSD." "SSD adoption has been slowed by the high cost and complexity of deploying SSD in the Enterprise," said Duncan McCallum, CEO of VeloBit. "Our all-software solution addresses both challenges and delivers best-in-class performance at a dramatically lower cost.

There is tremendous interest in VeloBit from end-users, resellers, and OEMs. Mike's experience will prepare us for our next phase of growth." About VeloBit VeloBit provides plug & play SSD caching software that dramatically accelerates applications at a remarkably low cost. VeloBit uses Solid State Disk (SSD) to create a transparent application acceleration layer that boosts performance by 10x. The software installs seamlessly in 60 seconds and automatically tunes for fastest application speed. VeloBit deploys and operates transparently to existing applications, storage, or data management.

For more information, please visit www.velobit.com.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1941795 Embedded Video Available: http://www2.marketwire.com/mw/frame_mw?attachid=1941775 Contacts: Peter Velikin Vice President of Online Marketing Email Contact +1 978-263-4800 Patrick Farrell Sniper Public Relations on behalf of VeloBit, Inc.

Email Contact +1 603-420-8828 SOURCE: VeloBit, Inc.

http://www2.marketwire.com/mw/emailprcntct?id=9BE6C3121CA124FC http://www2.marketwire.com/mw/emailprcntct?id=6A877165DCA5FC3E

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