SOURCE: Egenera

September 11, 2007 09:00 ET

Egenera Names Donald R. Peck Executive Vice President, CFO and Treasurer

MARLBORO, MA--(Marketwire - September 11, 2007) - Egenera Inc., the data center virtualization company, today announced that Donald R. Peck has been named executive vice president, chief financial officer and treasurer, effective September 10, 2007.

Mr. Peck will oversee Egenera's global finance and legal organizations, reporting directly to Mike Thompson, Egenera president and CEO.

Mr. Peck has several decades of financial and executive leadership experience. Most recently, he served as executive vice president and CFO at First Marblehead, an industry leader in providing outsourcing services for private, non-governmental, education lending in the United States. Prior to that, Mr. Peck was the president of Lenox Partners, a finance and legal advisory firm, and earlier, the CFO and general counsel at Zeborg, Inc. He has also held the role of CFO and general counsel at Marketmax, Inc. (acquired by SAS Institute).

"We conducted a comprehensive search for the right CFO for Egenera. Our focus was on selecting a professional with public company experience, strong leadership and operational skills, and a trusted business partner for other members of the executive team," said Mike Thompson, president and CEO, Egenera. "In every aspect of our business we'll look to Don for leadership and financial discipline to ensure that we have everything necessary to continue to execute on our aggressive strategies."

"Egenera has a long and successful history as a pioneer in virtualization -- with more than six years in proven, production environments. I believe we're well-positioned to leverage our considerable leadership in this next phase of virtualization adoption," said Mr. Peck. "I look forward to playing my role, along with Egenera's very talented management team, in helping Egenera achieve our ambitious goals."

Mr. Peck spent 10 years as an attorney with Nutter, McClennen & Fish LLP in Boston before rejoining the commercial side of business. He received his J.D. from Cornell Law School and B.S. in Business Administration from the University of Rhode Island. He is also admitted to practice law before the Federal and State Courts in Mass. and R.I., and is a Certified Public Accountant in Conn.

About Egenera, Inc.

Egenera is a global leader in delivering data center virtualization solutions that reduce costs and complexity for enterprises and public sector agencies worldwide. The Egenera® BladeFrame® system virtualizes the data center with an innovative server architecture specifically designed to reduce complexity and enable IT to respond rapidly to business requirements. Market-leading enterprises around the world trust Egenera to run their most critical applications and achieve higher resource utilization, faster application time to market and lower total cost of ownership. Headquartered in Marlboro, Mass. Egenera has offices worldwide. For more information visit www.egenera.com, call 508-858-2600 or send email to info@egenera.com.

Egenera, and Egenera stylized logos are trademarks or registered trademarks of Egenera, Inc. in the United States and other countries. All other company and product names are trademarks or registered trademarks of their respective holders. The information in this document is subject to change without notice.

Contact Information