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Linuxcare Names Avery Lyford as Chief Executive Officer

Oct 17, 2001, 23:36 (0 Talkback[s])

SAN FRANCISCO -- October 17, 2001 -- Linuxcare, Inc., a provider of Linux products and services to enterprises, today announced the appointment of Avery Lyford as its new chief executive officer (CEO) and president. Lyford succeeds co-founder Arthur F. Tyde, III, who will remain on the board of directors. Lyford will lead the company as it begins an accelerated period of growth and launches a new group of Linux-based products for the Global 2000.

"Linuxcare has earned a well-deserved reputation for providing consistent, comprehensive, and cost-effective Linux services to enterprise customers," said Lyford. "I am excited to join a company that is playing such an important role in helping to make Linux a viable and successful platform in the enterprise. As CEO, I look forward to complementing Linuxcare's comprehensive custom solution development with an exciting new group of products, so that we can offer our corporate customers a complete Linux platform."

Lyford has nearly two decades of experience in the technology industry. He was most recently a consultant at McKinsey and Company's Business Building Practice, where he provided overall strategic direction, and product marketing and strategic sales advice for client companies building businesses in enterprise software. Previously, he was CEO of Athena Communications Systems, a wide-area networking and telecommunications firm, where he successfully raised $25 million in private equity. Lyford also served as an executive at IBM, where he led a successful effort to dramatically grow the Netfinity server revenue. He holds a master's in computer engineering from Florida Atlantic University and a bachelor's in mechanical engineering from Lehigh University.

"Avery Lyford brings an important combination of strategic vision and product management acumen to Linuxcare's management team," said Art Tyde, Linuxcare's co-founder. "There is a tremendous market opportunity for Linux enterprise solutions right now, thanks in large part to IBM's impressive commitment to making Linux work for companies. Avery has proven that he knows how to deliver for corporate customers, and as CEO, we expect he will use those same skills both to strengthen Linuxcare's relationships with our clients and to attract new customers. We welcome him on board."

Linuxcare provides Linux-based services and solutions to large corporations. Its enterprise customers include IBM, Intel, Hewlett-Packard, Sun Microsystems, KPMG, and Motorola. The company is backed by solid investors including Kleiner Perkins Caufield & Byers and Apax Partners (formerly Patricof & Co. Ventures).

"Linuxcare's strong reputation in the industry and its customer-driven focus speak for themselves-and are the major reasons why we continue to be so bullish on this company," said Ted Schlein, a partner at Kleiner Perkins and chairman of Linuxcare's board. "As Linuxcare begins a new phase of growth and expands offerings for its enterprise customers, Avery Lyford's stellar experience in delivering innovative products to world-class customers makes him the perfect fit for our needs."