SOURCE: VA Software

March 30, 2005 07:00 ET

VA Software Launches Channels Initiative

VA Software Hires Andrew Leventhal as Vice President of Business Development and Channels; Leventhal Brings 19 Years of Enterprise Experience in Business and Channel Development at EMC®, Red Hat® and VeriSign® to New Role at VA Software

FREMONT, CA -- (MARKET WIRE) -- March 30, 2005 -- VA Software Corporation (NASDAQ: LNUX), a leading provider of software, information and community support for IT and development professionals, today announced the appointment of Andrew Leventhal to a new company position as vice president, business development and channels. In this role, Leventhal will lead the creation of additional revenue-generating channel and partner initiatives around the SourceForge® Enterprise Edition environment. He will also be responsible for identifying and securing relationships with resellers, consultants and system integrators around the world.

"Andrew brings extensive knowledge of channel and partner development and his appointment demonstrates VA Software's commitment to our new channel initiatives," said Darryll Dewan, executive vice president of field operations for VA Software. "SourceForge Enterprise Edition has a highly extensible architecture that integrates easily with a wide variety of tools and technologies so our partners can quickly build combined solutions. We look forward to accelerating the growth of our business and building a thriving partner ecosystem leveraging Andrew's experience and relationships."

Leventhal, who most recently served as vice president, business development and channels for Sana Security, has more than 19 years of enterprise software, open source and security industry experience at global IT companies such as EMC, Red Hat and VeriSign.

"I'm excited about the opportunity to bring a solution like SourceForge Enterprise Edition to a class of channel partners and ISVs who understand collaborative software development. Their customers can take advantage of the cost-savings, accelerated time to market, and greater visibility and control that SourceForge Enterprise Edition brings to distributed development teams," Leventhal said.

Prior to Sana Security, Leventhal was director of business development at Red Hat where he managed strategic relationships with Cisco, Compaq, HP, Intel, Oracle and their channel partners. At VeriSign, Leventhal led the development and roll out of an international affiliate program in nine countries. Leventhal started his IT career at EMC. He holds a bachelor of science degree from the University of Rhode Island and an international marketing degree from Richmond College in London, England.

About VA Software

VA Software (NASDAQ: LNUX) is at the center of today's technology revolution and incites innovation by empowering the IT and developer communities with information, community support and software. VA Software is the parent company of OSTG (Open Source Technology Group), formerly OSDN, and the creator of SourceForge. SourceForge.net is the global nexus for the Open Source community with more than 97,000 Open Source projects and over one million registered users. SourceForge Enterprise Edition optimizes distributed development for Fortune 500 companies.

OSTG is the leading online network for IT managers and development professionals. OSTG technology and e-commerce focused sites include Slashdot.org, SourceForge.net, ITManagersJournal.com, NewsForge.com, Linux.com, freshmeat.net, ThinkGeek.com, and AnimationFactory.com. OSTG serves more than 288 million page views and over 18 million unique visitors every month.

For more information about VA Software, visit www.vasoftware.com. For more information about OSTG, visit www.ostg.com.

Note Regarding Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding VA's new channels initiative. Actual results may differ materially from those expressed or implied in such forward-looking statements due to various factors, including: VA's success in expanding its SourceForge enterprise software business; VA's reliance upon strategic relationships with other companies; VA's ability to achieve and sustain higher levels of revenue; rapid technological and market change; and competition with more established competitors. Investors should consult VA's filings with the Securities and Exchange Commission, including its Form 10-Q for the fiscal quarter ended January 31, 2005, for further information regarding these and the other risks of the Company's business. These documents are available at the SEC Web site: www.sec.gov. VA assumes no obligation to update the forward-looking information contained in this news release.

Note to editors: VA Software and SourceForge are trademarks or registered trademarks of VA Software Corporation in the United States and other countries. All other trademarks are property of their respective owners.

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