SOURCE: OuterBay

May 24, 2005 08:00 ET

OuterBay Names Former Documentum CEO, Jeff Miller, to Board of Advisors

CUPERTINO, CA -- (MARKET WIRE) -- May 24, 2005 -- OuterBay, a leader in information lifecycle management (ILM) solutions for applications and databases, today announced that Jeff Miller, venture partner with Redpoint Ventures and former CEO of Documentum, has joined OuterBay's Board of Advisors. Mr. Miller brings over thirty years of executive leadership and strategic planning to the Board.

"OuterBay is rapidly becoming the standard ILM solution for structured data across applications and storage platforms," said Jeff Miller. "The company is clearly leading their market and is positioned to succeed. I am excited to contribute to their continued growth."

Jeff Miller is a venture partner with Redpoint Ventures with enterprise and infrastructure software companies as his focus. Prior to joining Redpoint, Jeff Miller was CEO and Chairman of Documentum, Inc. Miller started his career at Intel and held executive management positions at Cadence Design Systems and Adaptec.

"We're excited to add Jeff's experience to our Board of Advisors," said Michael Howard, Chairman and CEO of OuterBay. "His deep strategic insight and expertise will be invaluable as we extend OuterBay's leadership in ILM."

Miller joins Juan Jones, Vice President of Advanced Product Services at Oracle Corporation, and Peggy Taylor, President of PeopleSoft Investments, Inc., on OuterBay's Board of Advisors.

About OuterBay

OuterBay Technologies, Inc., a leader in information lifecycle management (ILM) solutions for applications and databases, helps customers monitor, forecast and manage data growth in enterprise application environments. As the industry standard for database application archiving and subsetting, OuterBay ADM Suite allows users to move data between storage tiers based on its current value to the business, and maintain open access to archived data across applications, platforms and storage media. As a result, OuterBay improves enterprise application and database performance and reduces total cost of ownership. OuterBay is headquartered in Cupertino, California, with offices in the United States, Europe, Asia and Australia. OuterBay has over 150 customers. For more information, contact OuterBay at http://www.outerbay.com/ or 408.340.1200.

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