Tricentis Announces Technology Industry Veteran Sandeep Johri as CEO

PALO ALTO, CA--(Marketwired - Aug 26, 2013) - Tricentis, a global leader in enterprise software testing solutions, today announced the appointment of Sandeep Johri as CEO. Johri brings with him more than 25 years of experience as a technology executive and serial entrepreneur with HP, Appcelerator, Oblix (acquired by Oracle) and Blue Lane Technologies (acquired by VMware).

"We welcome Sandeep's leadership to Tricentis," said Wolfgang Platz, founder and Chief Product Officer, Tricentis. "In his role as chief executive, he will be responsible for delivering the company's mission to accelerate business innovation through innovative and automated enterprise software testing solutions. His domain expertise, results-oriented approach and ability to think strategically -- combined with our recent multi-million financing by ViewPoint Capital Partners to accelerate global growth -- will play a pivotal role in extending our track record of innovation, while furthering our leadership in the industry."

"Sandeep has a wealth of experience leading enterprise software corporations and startups into their next stage of growth," said Franz Fuchsberger, co-founder and Chief Sales Officer, Tricentis. "From the rapid growth he achieved at HP to helping make Appcelerator the leading mobile enterprise platform, it is clear Sandeep has an excellent track record of acquiring customers and growing revenue. We are delighted to have him join our team and are excited at what the future holds for Tricentis."

In his role as CEO, Johri will leverage his extensive experience in the software industry to increase awareness and adoption of the company's comprehensive and proven testing solutions. Automated software testing products are critical as software is becoming increasingly instrumental in building brand value. Yet in a world where product successes and shortfalls can be shared in real time through social media, companies need automated testing solutions that break the status quo of existing products that are slow, expensive, complex and misaligned with business needs. Tricentis' Enterprise Testing Software solutions address these shortcomings to help Global 2000 companies successfully harness the power of software to accelerate business innovation, drive revenue and build customer loyalty.

"Applications are quickly becoming a core element of innovation, yet companies struggle to deploy them quickly because of one major gating issue -- quality testing," said Sandeep Johri, CEO, Tricentis. "Poorly tested applications can cost organizations revenue and impact the customer experience. Tricentis solves this issue by identifying the most critical components of an application, which allows developers to quickly assess risk, accuracy, visibility and control, as well as be more agile. And in doing so, we ensure the delivery of best-in-class applications that delight business users and consumers alike."

Johri brings more than 25 years of experience in both corporate and start-up environments. He most recently served as the chief operating officer of Appcelerator, the leading open-source mobile application development platform. Prior to Appcelerator, Johri was an executive with HP, where he grew the company's software business to $3.5 billion as vice president of strategy and corporate development, and vice president of industry cloud solutions.

Johri's other notable ventures include co-founding and serving as CEO of Oblix, a market leader in Identity Management solutions which was acquired by Oracle. He also incubated two security startups that were subsequently acquired by VMware and served on the boards of Persistent Systems, a publicly traded company on the Bombay Stock Exchange. He is currently a founding board member of Dhingana, the number one Indian music streaming service and a board member of Cenzic, a leader in application and mobile testing.

About Tricentis
Tricentis provides the leading enterprise software testing solutions for Global 2000 companies to accelerate business innovation with peace of mind. The unique Tricentis approach to software testing enables enterprises to achieve unprecedented automation rates while minimizing business-related risks. Tricentis solutions empower organizations to systematically align software testing with business needs, so they can harness technology change while optimizing cost and efficiency. The company's more than 400 customers include global brands such as Allianz, BMW, Deutsche Bank, HBO, Orange, Siemens, Southwest, Swiss Re, and UBS. Tricentis also has the highest customer renewal rate in the industry, at more than 98 percent, and its industry awards include Best in Test 2013. Gartner recognizes Tricentis as a visionary in the recent 2013 Magic Quadrant for Integrated Software Quality Suites. A fast growing, privately held company, Tricentis has offices in Austria, Germany, Switzerland, the UK, the Netherlands, the United States, Australia, and Singapore. To learn more, visit http://www.tricentis.com or follow us on LinkedIn, Twitter and Facebook.