RiverMeadow Software Names Mark Shirman Chief Executive Officer

SAN JOSE, CA--(Marketwire - Aug 24, 2012) - RiverMeadow Software Inc. today announced its Board of Directors has appointed current president Mark Shirman as its president and chief executive officer, effective as of August 21, 2012. Shirman will also join RiverMeadow's Board of Directors. Shirman replaces RiverMeadow Founder and CEO Sanjay Mazumder, who will now serve as Senior Vice President of Strategy.

"I am delighted to announce the appointment of Mark Shirman as CEO of RiverMeadow," said Jeff Newman, RiverMeadow Chairman. "Mark has been instrumental in helping to build out the RiverMeadow organization over the last few months and has shown the leadership required to help take RiverMeadow to the next level. Mark has an established track record of growing businesses and we are very excited about our future."

"I am honored to assume the leadership role of RiverMeadow and build upon the early successes of the company," said Shirman. "I look forward to helping the company achieve its next phase of growth."

Mark Shirman Background
Mark Shirman has almost thirty years of entrepreneurial experience in the IT services arena. Before joining RiverMeadow, Mark was the Founder and CEO of GlassHouse Technologies. At GlassHouse he was responsible for building upon the GlassHouse leadership in the storage solutions space, managing the investment community, and setting the vision for the company's solutions development. Before starting GlassHouse, Mark was Executive Vice President of Corporate Development and CTO at Convergent Group where he executed a combination of operational and marketing strategies that resulted in a successful public offering and the subsequent sale of the business to Schlumberger Corporation. Prior to Convergent Group, Mark was responsible for the worldwide eBusiness and CRM lines of business for Cambridge Technology Partners. Previously, Mark ran similar units for BSG/Alliance IT. In 1985, he successfully launched a new breed IT consulting company called Innovative Information Systems Inc. (IISI), which was focused on emerging technologies and application development. Mark served as CEO of IISI until its sale to CDI Corporation in 1990, and then served as its president until 1995.

About RiverMeadow Software
RiverMeadow Software Inc., with offices in Westford, MA and San Jose, CA, develops industry-leading software that automates the migration of physical and virtual servers (live and as-is) into and between public, private and hybrid clouds. Our enCloud™ software service is a rapid onboarding SaaS based solution developed specifically for Cloud Service Provider IaaS platforms. Without agents or downtime the enCloud software dramatically reduces the cost and complexity of cloud migration, enabling Service Providers to quickly, easily and cost-efficiently deliver the benefits of elastic cloud computing to enterprise and SMB customers.

RiverMeadow and enCloud are trademarks or registered trademarks of RiverMeadow Software. All other trademarks are the property of their respective owners. For further information visit: http://www.rivermeadow.com.