SOURCE: Netuitive

June 17, 2008 07:15 ET

Fannie Mae CIO Joins Netuitive Board of Directors

RESTON, VA--(Marketwire - June 17, 2008) - Netuitive, Inc., the leading provider of self-learning performance management software, today announced that Rahul Merchant, CIO and executive vice president of Fannie Mae, will join Netuitive's Board of Directors.

Merchant holds an impressive track record in working with some of the world's leading financial powerhouses, including Merrill Lynch, Dresdner, Kleinwort and Benson, Sanwa Financial Products and Lehman Brothers, Inc. His expertise lies in creating strategies for financial companies and incorporating progressive technology to support business goals. Considered a thought-leader and innovator in his field, Merchant is successful in providing cost-effective tactics for every company he engages with.

"Netuitive is a true IT leader, with a strong and innovative management team," said Merchant. "Their dedication and vision are impressive and I'm excited about joining the Board of Directors."

"Rahul brings a wealth of knowledge to the company," said Nicola Sanna, CEO and president of Netuitive. "His years of operational expertise and intimate knowledge of the financial services community are tremendous assets, which add to the bench strength of our leadership. We're very proud to have him on-board."

Over the last year Netuitive has experienced over 100 percent revenue growth, closed million dollar deals with industry leaders in the financial services, retail, e-commerce and telecommunications industries, and surpassed its 200th customer milestone. The company appeals to organizations by replacing human guesswork with the accuracy of automated mathematics, enabling proactive end-to-end management of mission-critical infrastructures and business services.

About Netuitive, Inc.

Netuitive is the leading provider of self-learning performance management software. Based on nine patented technologies resulting from 20 years of academic and commercial research and development, Netuitive products replace human guesswork with automated mathematics and analysis to improve performance of systems, business services and virtual infrastructures. Hundreds of customers such as Kroger, BlueCross BlueShield, MetLife, Wachovia and the U.S. Air Force have discovered that Netuitive software leverages existing monitoring systems and delivers return on investment in as little as two months. Netuitive has received many industry accolades, including being named an eWeek Excellence Award winner, a "Best of VMworld" winner, a Pink Elephant "Innovation of the Year," and a Red Herring Top 100 company. For more information, please visit

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