PRNewswire: Mark Scott Takes Over as Chief Executive Officer at Nitrosoft LINUX
Sep 14, 2000, 23:01 (0 Talkback[s])
Re-Imagining Linux Platforms to Meet the Needs of Cloud Service Providers
"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."