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PRNewswire: Mark Scott Takes Over as Chief Executive Officer at Nitrosoft LINUX

Sep 14, 2000, 23:01 (0 Talkback[s])

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"Nitrosoft LINUX, an IT Infrastructure e-Management company offering complete software, service and support solutions for multi-platform operating systems, today announced the appointment of Mark Scott as the Chief Executive Officer. Scott will provide leadership, and ensure the Company's vision, as a leader in the IT management space, is met."

"Scott was CFO/COO of Buystream Inc. where he successfully built the Company from a start-up to a 100-person multinational software organization including negotiating a $20 million pre-IPO round of financing led by Safeguard Scientifics Inc. (NYSE:SFE). As a founding partner of Non-Linear Ventures, Scott has been involved in the debt and equity financing of several private and public companies including the IPO of Dynex Power Inc. (CDNX:DNX), resulting in the subsequent purchase of the $55 million Lincoln Business Unit of Mitel Semiconductor."

"Mark has been a key advisor with Nitrosoft LINUX for several months, and his transition to CEO will transform the scaling of our business model," said Derik Belair, President and Chief Evangelist of Nitrosoft LINUX. "Mark's focus will be to ensure that all corporate goals are achieved, and Nitrosoft LINUX continues its global expansion in our exciting market space."

Press Release