MokaFive Strengthens Senior Leadership Team With the Addition of James Nicholas as Vice President of Business Development

REDWOOD CITY, CA--(Marketwire - June 29, 2009) - MokaFive today announced the addition of James "Jimmy" Nicholas to their executive team as vice president of business development. In his new role, Nicholas will oversee the expansion of the MokaFive partner ecosystem including strategic technology and service providers.

Nicholas brings more than 14 years of experience as a venture capital investor and entrepreneur, with expertise in operations and finance, as well as a deep understanding of channel and partner ecosystems in the software arena. He has a broad background in developing strategic partnerships at high growth, venture-backed software companies from inception through acquisition.

"MokaFive has a unique opportunity for growth given the increasing demands for security and flexibility in enterprise computing combined with the need for an economical solution," said Jimmy Nicholas. "I look forward to applying my experience to the aggressive expansion of MokaFive's partner network, helping to satisfy customer demand for the company's innovative Desktop-as-a-Service platform."

Most recently, Nicholas served as director at TriplePoint Capital as a member of the firm's Equity Investment and Sponsor Coverage Groups where he originated venture transactions and managed the firm's relationships with select venture partners. Prior to TriplePoint Capital, Nicholas founded Transparence, Inc., a leading provider of response management and decision-support software for First Responders and Homeland Security personnel, and continues to serve as the company's chairman of the board.

Prior to Transparence, Nicholas served as a director at Princeton Capital, a venture firm focused on early stage investments in startup companies developing next generation technologies, applications and services for the digital media, Internet and communications industries. While at Princeton, Nicholas served as the CEO of Oxford Media Corporation (acquired by eSynch Corporation), a digital video technology and services company.

Nicholas received his Bachelor of Arts magna cum laude from Brown University and received a General Course Graduate Studies Diploma from the London School of Economics. He holds multiple patents for software systems and methods.

"MokaFive's Desktop-as-a-Service platform is ideal for service providers seeking to answer the growing demand for enterprise desktop solutions," said Dale Fuller, CEO of MokaFive. "In his role of vice president, Jimmy will help define our go-to-market strategy and maximize the footprint of MokaFive Suite, leveraging his experience building successful business development relationships to create valuable new opportunities for MokaFive and its partners."

Jimmy Nicholas's addition to MokaFive rounds out the senior leadership team. He joins co-founders Monica Lam, Constantine Sapuntzakis, Ramesh Chandra and John Whaley, CTO, whose research at Stanford's computer science department inspired MokaFive's technology. CEO Dale Fuller was most recently interim CEO of McAfee and CEO of Borland. Vice President of Sales Ravi Khatod was previously at IronPort Systems (acquired by Cisco Systems), Vice President of Products Purnima Padmanabhan was most recently at BMC Software and Vice President of Intellectual Property Erik Oliver was most recently at Rambus.

About MokaFive

MokaFive has developed a breakthrough technology platform that takes advantage of the latest advances in virtualization technologies, cloud storage, flash memory, and CPU power to solve the costly problem of managing desktops and laptops securely for workers in the office, on the road or at home. The company was founded in 2005 by a team of Stanford University researchers and is backed by Khosla Ventures and Highland Capital Partners. For more information, visit www.mokafive.com.

Visit the MokaFive blog and follow MokaFive on Twitter for perspective on the emerging new desktop era.

Contact Information: Media Contact: LaunchSquad Phone: 415-625-8555 Email: mokafive(at)launchsquad(dot)com