Lontra Appoints Dick Williams to Board of Directors
Former President and CEO of Multiple Successful Technology Companies to Assist in Driving Lontra's Strategic Direction, Growth
REDWOOD CITY, Calif. - June 12, 2007-- Lontra, an innovative provider of IT Service Portfolio Solutions on demand, today announced the board appointment of IT industry veteran executive Dick Williams. The addition of Mr. Williams to the Lontra Board of Directors demonstrates Lontra's steadfast commitment to accelerating the growth of the organization.
A 40 year veteran of the information technology industry, Mr. Williams' career has spanned sales, marketing and senior product, finance, and business management positions at IBM; president and CEO of Digital Research, where he accomplished a complete turn-around and a successful sale of the company to Novell; head of worldwide sales and support for Novell, and General Manager of the Digital Research Systems Group; president and CEO of Illustra Information Technologies; and co-founder and chairman of Quokka Sports, an interactive sports media company which achieved a successful IPO in 1999; and president and CEO of Wily Technology, having been recruited into that position by the Board of Wily in 2001. Wily is recognized as the market leader for Web Application Management and enjoys a commanding market position. Following the acquisition of Wily by CA in March 2006, Mr. Williams was named senior vice president and general manager of CA's Wily Technology Division with full responsibility for the Wily business.
"IT departments are coming under increasing pressure to contain costs, manage demand, govern operations, address compliance, and provide financial predictability and transparency," commented Mr. Williams. "But CIOs rarely have the complete solutions they need to run IT like a business. I believe Lontra has a clear lead in building innovative IT service portfolio management solutions that enable enterprise organizations to better define, prioritize, deliver, and align IT services to the demands of the business."
"It is a testament both to the strength of our technology and to our market vision that we are able to attract to our management team such an accomplished executive as Dick," said Boris Pevzner, Lontra Founder and CEO. "His track record of success in high-growth environments and his stellar leadership experience complement Lontra's focus on aligning IT service offerings with the changing demands of their business. Our ultimate success depends on building a world-class team, and I know Dick will make a significant contribution to meeting our goals."
About Lontra
Founded in 2005, Lontra provides the first and only Service Portfolio Solution that features IT Financial Management and Demand Planning solutions built around an actionable IT Service Catalog. Lontra's solutions help IT organizations align their services to the needs of the business, manage and control IT spend, better plan for future demand, and increase overall customer satisfaction. The company is venture funded and headquartered in Redwood City, CA. For more information, visit www.lontra.com, or call (877) LONTRA1.
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