SOURCE: Marathon Technologies

Marathon Technologies

September 14, 2009 08:10 ET

Marathon Technologies Names Jim Welch as President and CEO

Former IBM VP and GM Tapped to Lead the Company in Its Next Phase of Growth

LITTLETON, MA--(Marketwire - September 14, 2009) - Marathon Technologies, the award-winning provider of fault-tolerant, high availability software for physical and virtual servers, today announced that Jim Welch has joined the company as its new president and chief executive officer. With more than 25 years of experience and expertise in developing high growth, sustainable software companies, Welch will propel Marathon's next phase of growth by leading the strategic direction and operations of the company.

"Jim has a proven track record in growing market-leading enterprise software companies, and we are excited to have an executive of his caliber join the team," said Axel Bichara, partner, Atlas Venture and member of Marathon's Board of Directors. "I'm confident that Jim can help Marathon fully capitalize on its tremendous market opportunity."

Welch has many years of executive leadership experience in high growth software companies and brings a wealth of enterprise software expertise to Marathon. He was one of the original founders of Intellution, a PC-based automation and internet software company. Before Intellution was purchased by Emerson in 1995, Welch had advanced in the organization to the role of Executive Vice President of Strategy, Planning and Development.

Following Intellution, Welch joined Ascential Software, the market leader in Enterprise Data Integration. As Vice President of Product Operations, he helped shape a new business strategy that tripled revenue growth in three years and resulted in the acquisition of Ascential by IBM in 2005. Welch remained at Ascential to ensure the company's effective integration into IBM and was subsequently promoted to Vice President and General Manager of the InfoSphere Software business of IBM. The $600 million division is a high growth business for IBM that has been recognized by Gartner and Forrester Research as the execution and vision leader in master data management, enterprise data integration and data quality.

"The need for data and application availability has never been greater as companies of all sizes now have to operate on a 24x7 global basis. Consequently, the downtime impact and costs for core Windows Server applications such as Microsoft Exchange and SQL Server as well as vertical applications for manufacturing automation and building security has skyrocketed. Marathon is uniquely qualified to provide solutions to meet these customer pain points," said Jim Welch, president and CEO of Marathon Technologies. "I am eager to build on Marathon's vision of providing automated high availability and disaster recovery solutions for businesses of all sizes, and lead Marathon in a new phase of growth."

About Marathon Technologies

With more than 2500 global customers, Marathon is the world's first provider of fault-tolerant, automated, high availability and disaster recovery software for physical and virtual servers. Marathon everRun® software prevents outages and data loss -- without IT intervention or specialized IT skills. Organizations using everRun achieve continuous availability, 100% data protection, and rapid disaster recovery -- all through automated "click-to-protect" operation. In the past 18 months, the company has been recognized with more than a dozen major industry awards including "Best of VMworld 2007 - New Technology," "SearchServerVirtualization 2008 Products of the Year," CIO.com "10 Virtualization Vendors to Watch in 2009." The company was also recognized as a 2008 Computerworld Honors Program Laureate, a winner in eWEEK's Eighth Annual Excellence Awards Program and finalist for 2009 Citrix Ready Solution of the Year. For more information visit www.marathontechnologies.com.

Contact Information