Host Analytics Appoints Former Cisco, IronPort, HP Executive to Chief Financial Officer

Experienced Software Strategist Kelly Bodnar Battles Takes Host Analytics' Financial, Legal and HR Reins


REDWOOD CITY, CA--(Marketwire - June 17, 2009) - Host Analytics, the leader in Software-as-a-Service (SaaS) corporate performance management (CPM), added to its senior management team with the appointment today of Kelly Bodnar Battles to Chief Financial Officer. Ms. Battles comes to Host Analytics from Cisco Systems via its acquisition of IronPort Systems, where she was a key member of the leadership team that successfully grew the company and positioned it for a highly valuable exit. In her new role Ms. Battles will be responsible for all finance and accounting functions as well as Legal and HR.

"This is a very strategic hire for Host Analytics," said Jon Kondo, CEO at Host Analytics. "Kelly has primary experience dealing with many of the challenges and opportunities we will face, including building a finance team, fundraising, and implementing the back-office systems and processes needed for explosive growth. She is particularly excited about being the #1 spokesperson for Host Analytics products and will ensure that we continue to highlight our internal use of all of our solutions to the fullest. We are delighted to welcome Kelly to the Host Analytics team."

The appointment of Ms. Battles caps an exciting three months for the SaaS CPM leader. Since April Host Analytics has increased its valuation via a Series B financing; launched new CPM products for large and midmarket enterprises; introduced a series of new high-impact technology partnerships; unveiled a social networking community for customers; and surpassed the 8,000 paying-user milestone. Host Analytics also was named to JMP Securities' Hot 100: Best Privately Held Software Companies list for 2009.

Prior to joining Host Analytics Ms. Battles was Vice President of Finance at IronPort Systems. During her six-year tenure the company grew from $2M to $250M in annual bookings and was sold to Cisco Systems in 2007. Before IronPort, Ms. Battles was a Director in HP's Strategy and Corporate Development group, a Strategy Consultant with McKinsey and Company, and a Corporate Finance Associate at J.P. Morgan. Kelly graduated with a B.S.E. from Princeton and an M.B.A. from Harvard, both with honors.

About Host Analytics

Host Analytics is the leading provider of on-demand corporate and financial performance management solutions. Host Analytic's solutions help financial, line of business and departmental executives improve their budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis. Host Analytics delivers its suite of corporate performance management solutions via the Software as a Service (SaaS) model. Host Analytics, a pioneer in providing comprehensive and easy to use CPM solutions, was founded in 2000 and expanded its SaaS offering in 2005 to include a complete suite of CPM solutions.

Host Analytics helps organizations streamline the performance management process, align the planning process with business strategy and effectively measure performance and manage change. As a SaaS delivered solution, Host Analytics customers realize fast time to value through quick implementation of solutions, the highest levels of user adoption, effective empowerment of business users and a continuous flow of Host Analytics provided solution innovations and improvements.

Host Analytics serves the enterprise, large and midsized company and public sector markets including industry leading companies like JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes, and Red Roof Inn. Host Analytics was included in JMP Securities' prestigious "Hot 100: The Best Privately Held Software Companies." For additional information, visit http://www.hostanalytics.com/ or call (314) 588-2121.

© 2009 Host Analytics Incorporated. All rights reserved. All trademarks are the property of their respective owners.

Contact Information: Company Contact: Gary Damiano Host Analytics 650-249-7105