SOURCE: Transitive

January 07, 2008 13:44 ET

Transitive Appoints Criss Harms as CFO

Seasoned Finance Professional Joins Cross-Platform Virtualization Leader

LOS GATOS, CA--(Marketwire - January 7, 2008) - Transitive® Corporation, the leading provider of cross-platform virtualization solutions, today announced that it has appointed Criss Harms to serve as its chief financial officer. Harms, a broadly experienced executive with more than 20 years spent in key finance and administration roles for several notable high-technology firms, will be responsible for financial and administrative management at Transitive, which sells the award-winning QuickTransit® range of enterprise cross-platform virtualization solutions.

"Criss Harms joins the Transitive team at a critical time, just as our QuickTransit enterprise product line sales are ramping up," said Bob Wiederhold, president and CEO of Transitive. "With the recent appointment of three new global distributors, Transitive's sales channels will grow several orders of magnitude during 2008, requiring considerable scaling and refinement of our financial, administrative and legal processes. We look forward to having Criss Harms join with the Transitive team in rising to this challenge."

"Joining the Transitive team as CFO at this point in time is a unique and exciting opportunity," said Criss Harms. "With innovative technology that has been shipped in more than 10 million computers worldwide, Transitive has elevated cross-platform virtualization to become a mainstream business solution. My challenge, along with Transitive's management and employees, is to build a world-class organization to effectively partner with and support our rapidly scaling enterprise customer base."

Prior to joining Transitive, Harms was CFO at Counterpane, which was acquired by British Telecom in 2006. Prior to that, he served as the director of finance and controller for several successful venture-funded technology companies, including Sentient Networks (acquired by Cisco Systems), Apptitude (acquired by Hi/fn) and Silvan Networks. Harms also founded Branders.com, a Web-based provider of promotional products, and served in corporate and divisional financial roles at Hewlett Packard. Harms earned his CPA while at Ernst & Young in San Francisco, and he holds an MBA from Haas School of Business at UC Berkeley and a BS from UC Berkeley.

About Transitive Corporation

Transitive is a leader in cross-platform virtualization, and its award-winning QuickTransit technology is built into more than 10 million computers worldwide. QuickTransit allows software applications that have been compiled for one processor/operating system to run on a system with a different processor/operating system, without any source code or binary changes and at speeds comparable to native ports. As a result, QuickTransit allows data center managers to transport legacy enterprise applications quickly and easily from outdated, proprietary hardware to modern, standardized platforms without incurring the costs and delays of porting projects, and with no disruption to end users.

QuickTransit also facilitates computer companies' migration to new hardware platforms; dramatically reduces software developers' cost, risk, and time-to-market in supporting multiple hardware platforms; and makes significantly more software available for more hardware platforms. QuickTransit technology is the basis of the Rosetta translation software built into all of Apple's x86-based Macintosh computers, and it also forms the basis of IBM System p AVE for IBM's System p range of enterprise servers.

Transitive Corporation is located in Los Gatos, California with a research and development team in Manchester, UK. More information can be found at the Transitive Web site at www.transitive.com.

Transitive and QuickTransit are registered trademarks, and the Transitive logo is a trademark of Transitive Corporation and/or its affiliates in the United States and other countries. All other company and product names may be trademarks of their respective owners.

Contact Information