SOURCE: SOASTA, Inc.

September 11, 2006 08:00 ET

SOASTA™ Names Tom Lounibos President and CEO

Ken Gardner Assumes Role of Executive Chairman

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- September 11, 2006 -- SOASTA, Inc., a Silicon Valley-based start-up automating web testing, has named Tom Lounibos as its new president and chief executive officer. Mr. Gardner, SOASTA's founding CEO, will assume the role of executive chairman.

As CEO, Mr. Lounibos oversees SOASTA's operations, sales and marketing arms and is responsible for the company's go-to-market strategy as it prepares to launch its first generally available product in Q1, 2007.

Mr. Lounibos brings more than 20 years of experience in helping grow early-stage companies into market leaders. During his career, Tom has successfully built strategic sales and product organizations, turned them into profitable companies, and expanded them to global markets. He most recently served as president and chief executive officer of Kenamea. Prior to Kenamea, Tom was president and chief executive officer of Dorado Corporation, a financial services software provider. At Dorado, Tom raised $45 million in private equity funding. Prior to Dorado, Tom served as executive vice president of sales for Sagent Technology through its 1999 IPO, where he was responsible for growing Sagent into a leading provider of business intelligence solutions. Tom also served as entrepreneur-in-residence at Crosspoint Venture Partners and held executive positions at Digitalk Corporation, Knowledgeware, and Encore Financial Services.

"We are very excited to have Tom join our senior management team at SOASTA. We have worked well in the past, most recently in his role as board member at both Istante and SOASTA," said Ken Gardner, founder and executive chairman of SOASTA. "His experience and abilities will be of great value to the Company as we continue our growth. This is a very exciting and critical time for us with the pending launch of our first product, and we believe Tom is an excellent fit to our team."

"Joining SOASTA at this point in the company's lifecycle is tremendously exciting," said Tom Lounibos. "Organizations are constantly faced with significant challenges related to the testing and certification of web services. Initial customer response to the alpha product has been impressive and I believe SOASTA is poised for rapid growth as we move toward general availability."

About SOASTA, Inc.

SOASTA, (pronounced sō'-sta), is a privately held technology company delivering a revolutionary suite of patent-pending visual software products designed to automate the testing and certification of web services, SOA implementations, BPEL orchestrations, and web applications -- for use by any developer, sales engineer, business analyst, or tester. SOASTA is headquartered in Mountain View, California. To learn more about SOASTA and its product offerings, please write to info@soasta.com.

©SOASTA, Inc. 2006. SOASTA is a trademark of SOASTA, Inc. All other trademarks are the property of their respective owners.

Contact Information

  • Editorial Contact:
    Lisa Bergamo
    SOASTA, Inc.
    650.380.9250
    Email Contact