SOURCE: Tidal Software

April 30, 2007 17:56 ET

Tidal Software Names Distributed Computing Visionary Martin Milani as Chief Technology Officer

Technology Veteran to Lead Innovation for Convergence of Application Scheduling and Performance Management

PALO ALTO, CA -- (MARKET WIRE) -- April 30, 2007 -- Tidal Software, a leading provider of application scheduling and performance management software, today announced the appointment of Martin Milani to Chief Technology Officer. Milani joined Tidal Software in 2006 through the acquisition of Intersperse Inc., a leading provider of monitoring and management solutions for the service-oriented enterprise, where he was president & CEO. An industry recognized thought-leader and expert on SOA, Milani brings more than 19 years of experience in distributed systems architecture, product design and development spanning the evolution of distributed systems.

Since joining Tidal Software, Milani has played a pivotal role in guiding the company to its leadership position in delivering comprehensive solutions for monitoring and managing SOA applications based on Java and .NET. In his expanded role, Milani will be responsible for setting the strategic direction for Tidal's product line, which help organizations streamline vital IT operations by automating and simplifying many of the complex and routine tasks involved in job scheduling and application performance management. Milani will be tasked with continuing Tidal's drive to build products that integrate many aspects of IT Operations, providing greater visibility and control of the end-to-end business process.

"We're very excited with the appointment of Martin as CTO, a dynamic executive with an amazing track record for delivering innovative solutions to the market and providing a larger technology vision that partners and customers can ascend to," said Flint Brenton, President and CEO at Tidal Software. "Having had the foresight to embrace SOA before it became a mainstream concept and recognizing its critical role in ensuring the interoperability of disparate systems, Martin is an industry luminary who continues to be ahead of the trend curve and will help our customers better align IT operations with business priorities. His experience as both consumer and provider of IT technology gives him a unique perspective relative to others in our industry."

Prior to Intersperse, Milani was CTO of iBuilding, a Web services process-flow management and orchestration company where he led the design, development, product management, support and consulting teams. Milani was also at the Times Mirror Corporation, where he held the positions of Chief Internet Strategist and Technologist and Chief Enterprise Architect, responsible for technology decision-making such as Enterprise Application Integration (EAI), distributed and Web-based applications development, shared services, consolidation of data centers, wide area networks, systems and network management and security. Before joining Times Mirror, Milani held senior level technology, consulting and distributed systems architect positions at Wells Fargo Bank, IBM, Retix and Locus computing.

About Tidal Software

Tidal Software is a leading provider of application scheduling and performance management software that radically simplifies IT operations by automating and integrating performance and process management. Tidal's solution puts IT operations management into the business process using new levels of automation, visibility, and control over systems. Tidal makes applications such as SAP®, PeopleSoft®, and Oracle E-business Suite™ more efficient, reliable, and secure to return greater business value. Tidal also gives IT deep visibility into and precise control over new SOA-based composite solutions consisting of packaged applications and custom components in Java and .NET.

General Mills, HP, ING Direct, Microsoft and T-Mobile are among the Tidal customers who use Tidal to reduce operational costs by running IT at higher efficiency rates and containing overall data center footprints. Privately held, Tidal is venture-backed by Kleiner Perkins Caufield & Byers, Novus Ventures, Panorama Capital, and VantagePoint Venture Partners. For more information, contact Tidal Software at (650) 475-4600 or visit www.tidalsoftware.com.

Tidal Software Logo, Tidal Enterprise Scheduler, Tidal Horizon and Expert-in-a-Box are trademarks of Tidal Software, Inc. All other trademarks are those of their respective owners.