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RiverMuse appoints President and CEO Jean-Luc Valente(M2 PressWIRE Via Acquire Media NewsEdge) Today, RiverMuse appoints Jean-Luc Valente as President and CEO. This announcement coincides with the company's roll out of next generation event management software. RiverMuse is the first - and only - commercial open source company of its kind in the event and fault management field and it is on course to set a new industry benchmark. Jean-Luc (JL) brings a wealth of operating experience in building businesses from the ground up, valuable industry connections and a tribal knowledge of the changing world of network and system management, all backed by strong credentials. He will be based between RiverMuse's HQ in the Silicon Valley, USA and the company's European office in London. JL joins resident visionaries at RiverMuse who were the original team behind the inventions of Micromuse and RiverSoft (now IBM Tivoli Netcool and HP OpenView Advanced Edition). They are: Phil Tee, Predrag (Fred) Mutavdzic, Mike Silvey and Phil Blades. As President and CEO, JL will set the strategic direction of the company and aggressively drive execution, ultimately making RiverMuse the "final word" in event and fault management. "The market opportunity for a commercial open source company, focused on a new class of event and fault management, is gigantic and the timing could not be better. It is a privilege to be joining the incredibly talented RiverMuse team at this juncture. Expectations run high and initial product reception has been tremendously positive. We are breaking the old rules, and frankly, the sky is the limit," says JL. Phil Tee, founder and chairman says of the appointment: "You know you've got an interesting business when an individual of JL's caliber agrees to lead the charge. RiverMuse's next phase of growth requires a formidable armory of talent and experience to get ahead in the race, and with JL we have acquired our very own weapon of mass customer acquisition! I am in no doubt that the addition of JL to our top management team will make sure RiverMuse's vision, for the next generation of network management, will flourish." About JL With over 20 years experience at senior level in the enterprise software sector, JL has held global senior sales, marketing and operations positions at software companies ranging from CA, Viasoft (now ASG), InfoVista and most recently CITTIO. As CITTIO's Executive Chairman, JL pioneered the company's efforts of its well-regarded cloud computing initiative. Prior to that, JL ran the Americas Operations of InfoVista, a leading service performance assurance provider where he turned the business around, boosting results, morale and customer satisfaction. With his team, he also engaged in successful business transformation, bringing innovation to market, receiving awards and accolades along the way includingthe Communications Solutions Product of the Year award for two consecutive years; and the highly acclaimed Frost & Sullivan's Global Award for Product Differentiation and Innovation. Over a 10-year period from '87 to '96, JL was integral to Computer Associates' successes running regional and international marketing as well as building and leading a P&L in Iberia. JL spent also a year as an entrepreneur in residence with Atlas Venture, focused on the wireless industry. JL's speciality is in penetrating new markets, designing and directing high impact growth plans and in building strong teams that perform at high velocity. In addition, JL has a long track record in forging long-lasting, profitable relationships with customers and partners. He speaks French, Spanish and English and holds a Master of Computer Science degree from Ecole d'Ingenieurs des Technologies de I'Information et du Management (EFREI), Paris, France. Notes to editors Established 2009, RiverMuse delivers next-generation event and fault management that uniquely enables IT organizations to maintain the health of their increasingly complex and adaptive environments so they can optimize service levels, drive down costs and respond more nimbly to the changing needs of the business. RiverMuse's open source model allows the global community of IT professionals to effectively collaborate in order to fulfill evolving market requirements with new software economics. The company was founded by the serial entrepreneurs who launched Micromuse and RiverSoft-and whose innovations assure a majority of all public and private internet infrastructures in use today. For more information, please visit www.rivermuse.com <http://www.rivermuse.com> . ((Comments on this story may be sent to [email protected])) (c) 2009 M2 COMMUNICATIONS |