Steve Cakebread Joins FinancialForce.com Board of Directors

SAN FRANCISCO, CA--(Marketwire - May 8, 2012) - FinancialForce.com, the cloud applications company, today announced that Steve Cakebread has been elected to FinancialForce.com's Board of Directors.

Mr. Cakebread joins the current Board of Directors, including Chris Ouwinga, Chairman and CEO of UNIT4 NV, Jeremy Roche, President and CEO, FinancialForce.com, George Hu, COO of Salesforce.com and Edwin van Leeuwen, CFO of UNIT4 NV.

Mr. Cakebread currently serves as the Chief Financial Officer of Pandora, the leader in internet radio. Before Pandora, Mr. Cakebread served as the President, Chief Strategy Officer and Chief Financial Officer of salesforce.com, the enterprise cloud computing company and has served in executive roles at Xactly and Autodesk. He also serves on the Board of Directors of ServiceSource and SolarWinds.

"We are honored that Steve, in addition to being a FinancialForce.com customer, is the first independent member of the FinancialForce.com board of directors," said Jeremy Roche, President and CEO, FinancialForce.com. "This is further validation of the company's maturity and growth. With Pandora, Steve was one of the first CFOs to take a company public on an all-cloud-based infrastructure, and he has helped build some of the biggest B2B and B2C cloud companies. We are looking forward to adding Steve's broad experience and his unique perspective as our customer to help guide FinancialForce.com's growth as a cloud applications company."

"I've been following FinancialForce.com since the very beginning and I'm thrilled to now join the board of directors," said Steve Cakebread. "In a short period of time, FinancialForce.com has assembled a great team, robust solutions and a strong go-to-market position to address the massive shift from on-premise to cloud computing. I look forward to working closely with the FinancialForce.com team as they expand their footprint as a leading cloud applications company."

This announcement coincides with today's news that FinancialForce.com has relocated its US headquarters from San Mateo to San Francisco, tripling the space of its former headquarters.

About FinancialForce.com
FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world's leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations and dynamic enterprises, helping them to align Finance, Sales and Service in a way that enables profitable growth. We are backed by two of the biggest and best players in the business, UNIT4 and salesforce.com. To learn more please follow us on Twitter @FinancialForce, visit out Facebook page http://www.facebook.com/#!/FinancialForce or visit www.FinancialForce.com