Marathon Technologies Completes Build-out of its Management Team

Business Wire, Oct 14, 2005

LITTLETON, Mass. -- Marathon Technologies Corporation, the leading provider of availability software that delivers 24/7 continuous systems availability and disaster protection for Windows applications announced today that it has completed the build-out of its senior management team. Gary Phillips, who joined the company in May of this year as President and CEO, has recently brought on Joe Impellizeri as Chief Financial Officer, Steven Keilen - Vice President Marketing and David Mazursky - Vice President Services. "I am thrilled with the new additions to our leadership team which adds proven industry expertise in these key functional areas of our business," stated Phillips.

Joe Impellizeri - Chief Financial Officer. Mr. Impellizeri comes to Marathon with a strong track record as a Senior Finance Executive. He most recently was CFO with software start-up Syncra Systems Inc. Prior to Syncra, Mr. Impellizeri held senior finance management roles with Compaq Computer Corporation, AltaVista Software Inc and Digital Equipment Corporation. Mr. Impellizeri's broad financial experience includes debt and equity funding, business strategy and operations as well as a history of growing early-stage, start up businesses.

Steven Keilen - Vice President, Marketing. Mr. Keilen has 20 years of marketing experience in technology companies ranging in size from Fortune 200 to pre-revenue start-ups. He joins Marathon from Stratus Technologies where he was Vice President, Industry Marketing. Prior to Stratus, Mr. Keilen was Executive Vice President at Interactive Silicon, an early stage start-up. Previous, he was Chief Marketing Officer at Forgent Networks (formerly VTEL), a conferencing and broadband service provider. Mr. Keilen was Marketing Director, Compaq Computer Corporation. He also held key marketing and management positions in the US, France and Japan over 12 year period with Hewlett-Packard Company.

David Mazursky - Vice President, Services. Mr. Mazursky brings a proven background in building professional services organizations, as well as providing leadership to technical support functions. He comes to Marathon from Lucent Technologies' Network Systems Group where he led their new product introduction organization in design and deployment of Next Generation VoIP products. Previous, he led Professional Services for Telica, Inc. where he built their professional services business prior to its acquisition by Lucent in 2004. Prior, Mr. Mazursky held senior management positions at Archstone, Stratus Technologies, Ascend Communications and Data General Corporation.

"Building out the management team with this caliber of individuals will allow us to accelerate our aggressive business plans and build upon the continued success we are having with our FTvirtual Server software in the marketplace," added Phillips.

"This speaks to the excitement we have in Marathon and its business success in the high availability market place. With the combination of a unique, proven technology and a strong, industry-tested management team we are confident that Marathon will continue to accelerate its leadership position," stated Axel Bichara, Senior Partner, Atlas Venture.

"With these key additions, we will build on the strong foundation that is already in place within the company, "said Paul Margolis, Partner, Longworth Partners. "To attract this talent in such a competitive market speaks to the current success and future opportunity for Marathon."

About Marathon Technologies

Marathon Technologies Corporation (www.marathontechnologies.com) is the leading provider of software that delivers simple, cost-effective, continuous availability for Microsoft Windows applications running on Intel-based servers. Marathon FTvirtual Server software product line unites two unmodified industry-standard servers or blades into a fully redundant, synchronized configuration that appears to applications, networks, OS, and system administrators as a single fault tolerant server or blade. Marathon software keeps applications running nonstop through failures and disasters with no failover or interruption in service, no loss of application data, no need for transaction rollback, and no loss of performance. Marathon is a privately held, venture-backed corporation based in Littleton, Massachusetts, USA, with offices worldwide. For more information, call 1-978-489-1191 or 1-888-682-1142.

Marathon and Marathon FTvirtual Server are trademarks or registered trademarks of Marathon Technologies Corporation. All other trademarks and registered trademarks are the property of their respective owners. (C)2005 Marathon Technologies Corporation. All rights reserved.