SOURCE: Tideway Systems

October 31, 2006 13:01 ET

Tideway Expands U.S. Operations With New Key Hires and Office Opening

VP of Sales and Operations and VP of Global Alliances to Drive Further Penetration in U.S. Market; #2 Banking Center in the U.S. Home of Tideway's New Office in Charlotte, NC

NEW YORK, NY -- (MARKET WIRE) -- October 31, 2006 -- Tideway Systems™, the independent leader in IT service configuration management for enterprises, today announced the next phase of its U.S. expansion focused on increasing capacity to service existing and new clients based in the U.S.

Tideway has appointed industry veteran Eric Amster as Vice President of U.S. Sales and Operations to oversee Tideway's sales operations and growth across the U.S. Eric will be based in Tideway's New York offices.

With over 27 years in sales, Eric brings a proven track record for building and leading successful sales teams. Eric joins Tideway Systems from MetaMatrix where he was Vice President of North American Sales and tasked with growing the company's presence within commercial enterprises. Prior to joining MetaMatrix, Eric served as Vice President of Operations - the Americas at MetaStorm. While at MetaStorm, Eric built the North American sales team, resulting in consecutive record-setting quarters.

As part of an expanded U.S. management team, Don Klein (who was previously Vice President of Product Management in Tideway's London offices) recently relocated to Tideway's New York offices as Vice President of Alliances. Don is spearheading Tideway's aggressive global alliance program.

Tideway has also appointed Adam Kurtz as U.S. Sales Director joining a seasoned team of sales directors with in depth experience across the systems and network management industry. Adam will be based in Tideway's new Charlotte, North Carolina office.

"Together, Eric and his growing team alongside Don are bringing to the table solid experience and industry knowledge to help us build on our existing customer base and increase our penetration in the U.S. market," said Richard Muirhead, CEO and Founder of Tideway Systems. "Our Charlotte office is strategically placed to capitalize on the area's banking dominance. I have no doubt that Tideway will continue to leverage its recent successes and flourish in the U.S. market."

About Tideway Systems

Tideway Systems is a privately held company, founded by Richard Muirhead in 2002 and headquartered in London, UK. Tideway's software solutions provide business service configuration management to some of the world's largest enterprises and service providers.

Tideway's IT service configuration management products provide IT operations with complete transparency of their run-time environment. Through modeling of bespoke applications and automated infrastructure discovery, Tideway's solutions serve as a cornerstone to enhance IT department responsiveness, and reduce application downtime. Tideway delivers value to a number of critical projects including: Business service management, consolidation projects, meeting IT compliance, achieving cost transparency and implementation of IT best practice such as ITIL. See http://www.tideway.com for further information.

2006 Tideway Systems all rights reserved. Tideway is a registered trademark of Tideway Systems Limited. All other logos, brand names and product names are trademarks of their respective companies

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