SOURCE: New Relic

New Relic

June 26, 2015 09:00 ET

New Relic Promotes Yvonne Wassenaar to Chief Information Officer

Company's First CIO to Drive Internal Technology Platform and Data Strategy

SAN FRANCISCO, CA--(Marketwired - Jun 26, 2015) - Software analytics company New Relic (NYSE: NEWR) today announced that Yvonne Wassenaar has been promoted to the company's first chief information officer (CIO). In this new role, Wassenaar will be responsible for optimizing and scaling New Relic's internal technology platform and processes to support business growth.

"Under Yvonne's leadership, New Relic is working to build a unified technology and data strategy designed to help scale our business faster," said Lew Cirne, CEO and founder. "We believe her expertise will also prove an invaluable resource to our customers, helping them adopt best practices for deploying software analytics to manage their businesses."

"At New Relic, we are data nerds at heart. We believe that there is huge opportunity for all companies to increase innovation and competitive advantage by combining technology and data," said Wassenaar. "In this new role, my objective is to exemplify what it means to be a data-driven business."

From its founding, New Relic has embraced a cloud-first technology strategy. The company has championed the software as a service (SaaS) model, both in how it delivers its products to customers, and in how it delivers internal software apps to its global team of employees. With the promotion of Wassenaar, the company aims for her to now focus on optimizing and scaling New Relic's internal technology platform, and further integrating the company's own technology into the solutions along the way. In addition, the company expects she'll work closely with customers to share best practices for implementing a data-driven culture.

Wassenaar is a veteran in the technology industry. She spent 18 years at Accenture, where she started her professional career as a computer programmer, and was ultimately promoted to Partner. She continued her technology focus for four years at VMware where she was a key driver behind VMware's internal cloud and public cloud business.

About New Relic
New Relic is a software analytics company that makes sense of billions of data points about millions of applications in real time. New Relic's comprehensive SaaS-based solution provides one powerful interface for web and native mobile applications and consolidates the performance monitoring data for any chosen technology in your environment. More than 500,000 users and 11,000 paid business accounts trust New Relic to tap into the billions of real-time metrics from inside their production software -- and provide answers to their important business questions. When your brand and customer experience depend on the performance of modern software, New Relic provides insight into your overall environment. Learn more at newrelic.com.

Forward-Looking Statements
This press release contains "forward-looking" statements, as that term is defined under the federal securities laws, including but not limited to statements regarding Wassenaar's contributions and potential benefits to the company and is customers, and the optimization, scaling and growth of New Relic's business. The achievement or success of the matters covered by such forward-looking statements are based on New Relic's current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause New Relic's actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement. Further information on factors that could affect New Relic's financial and other results and the forward-looking statements in this press release is included in the filings we make with the SEC from time to time, including in New Relic's most recent Form 10-K, particularly under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." Copies of these documents may be obtained by visiting New Relic's Investor Relations website at http://ir.newrelic.com or the SEC's website at www.sec.gov. New Relic assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

New Relic is a registered trademark of New Relic, Inc.
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