SOURCE: Tidal Software

October 25, 2007 21:57 ET

Tidal Software Announces Executive Appointments of US and International Operations

Company Continues Investment in Global Operations to Support Rapid Growth

PALO ALTO, CA--(Marketwire - October 25, 2007) - Tidal Software, a leading provider of application scheduling and performance management software, today announced two key executive appointments. Rick Miller has been appointed Vice President of Sales for North America. Christopher Kenessey has been appointed Vice President of Sales for EMEA. Both executives will report to Mark Thielken, Senior Vice President of Worldwide Sales. The executive appointments will support the company's plans for global growth through significant increases in the scale of its operations.

As Vice President of Sales for North America, Mr. Miller is responsible for managing all of Tidal Software's sales operations in the United States and Canada. His focus will be on expanding sales operations in the region to support the next level of rapid growth. Miller's career in technology sales and sales management spans two decades and includes management and executive roles at McAfee, SalesKit Software, Borealis Technology, and QuestOne Decision Sciences. Prior to joining Tidal, Miller led a consulting practice focused on improving sales processes with clients including Sun Microsystems, Agilent, Cable & Wireless, and United Healthcare. Miller also had a distinguished term of service in the United States Marine Corps that included operations in both the Persian Gulf and Central America.

In his new role as Vice President of Sales for EMEA, Mr. Kenessey, a seven-year veteran of Tidal Software, will assume responsibility for managing the company's international business with a focus on growing the company's international operations. Over the course of his career at Tidal, Kenessey has significantly contributed to Tidal's growth and customer satisfaction, most recently, as vice president of sales for the Americas, where his efforts contributed to strong results in the previous fiscal year. Prior to Tidal, Kenessey held various sales roles at Compuware Corp. and Platinum Technology.

"These appointments support our plans for growth on a global basis," said Thielken. "Rick will be leveraging his extensive background in building world-class solution sales organizations to focus on important sales processes and operational changes in our North American operation in support of the next phase of the strong growth we expect in the region. Christopher brings a unique combination of deep expertise in what has driven Tidal's success, a strong ability to drive business, and an international cultural background that will help accelerate the growth of our international operations. With these two executives in place we will be very well positioned to take advantage of the growing demand for our solutions."

About Tidal Software

Tidal Software is a leading provider of application scheduling and performance management software that radically simplifies IT operations by automating and integrating performance and process management. Tidal's solution puts IT operations management into the business process using new levels of automation, visibility, and control over systems. Tidal makes applications such as SAP®, PeopleSoft®, and Oracle E-business Suite™ more efficient, reliable, and secure to return greater business value. Tidal also gives IT deep visibility into and precise control over new SOA-based composite solutions consisting of packaged applications and custom components in Java and .NET. General Mills, HP, ING Direct, Microsoft, and T-Mobile are among the Tidal customers who use Tidal to reduce operational costs by running IT at higher efficiency rates and containing overall data center footprints. Privately held, Tidal is venture-backed by Kleiner Perkins Caufield & Byers, Novus Ventures, Panorama Capital, and VantagePoint Venture Partners. For more information, contact Tidal Software at (650) 475-4600 or visit www.tidalsoftware.com.

Tidal Software Logo, Tidal Enterprise Scheduler, Tidal Horizon, Tidal Intersperse and Expert-in-a-Box are trademarks of Tidal Software, Inc. All other trademarks are those of their respective owners.

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