Managed Objects Names Prasanna Arkalgud to Lead Product Management; Former CA strategist will drive product roadmap for Business Service Management

Business Wire, Dec 6, 2006

MCLEAN, Va. -- Managed Objects, the Business Service Management Company, today announced it has named Prasanna Arkalgud to the position of vice president, product management, reporting to Managed Objects' president and CEO, Siki Giunta. Arkalgud will drive the strategic direction of the most advanced Business Service Management (BSM) platform on the market today.

"Prasanna has a keen sense of the market, its drivers, and its challenges," said Giunta. "His experience and technical acumen will be a tremendous asset to both the company and our Global 2000 customer base."

Arkalgud has more than 16 years of experience in product strategy, development, business operations, and sales and marketing. Prior to joining Managed Objects, Arkalgud was leading the Radio Frequency Identification (RFID) incubation unit at CA, Inc. Previously, he was responsible for leading and growing the global product support operations out of India. Under his leadership, the center went from supporting one brand, to a 24x7, multi-brand product support center. Prior to this assignment, he was responsible for driving the strategy and positioning for CA's Unicenter desktop management products. Arkalgud has also held various positions of increasing responsibility at CA in the sales and pre-sales organizations.

"It is an exciting time to be at Managed Objects among such world class talent," said Arkalgud. "Managed Objects pioneered this space--it has not only held its own in a very competitive environment--but is leading the market with truly innovative solutions that bring harmony to a heterogeneous and complex IT environment."

Prior to CA, Arkalgud worked at Fannie Mae, where he held a variety of application development and support roles. Earlier he worked for NIIT Ltd., in India, where he managed corporate learning centers. Early in his career, he founded a software company in Bangalore, India that developed business applications for the mid-market.

Arkalgud earned a masters degree in computer science from the University of North Carolina at Charlotte and a bachelors degree in computer science from the University of Bangalore, in India.

About Managed Objects

Managed Objects is the Business Service Management Company. Companies use our solutions to more effectively monitor, manage, and model their IT enterprise. Our unique service perspective overlays existing management tools so complex IT infrastructures can be managed, not as a set of components, but rather as the set of services that IT delivers to the business - services like order processing, e-commerce, online trading, or email. Companies that use Managed Objects realize measurable improvements in IT service quality, cost savings, and increased IT responsiveness.

A venture-backed company headquartered in McLean, VA, with operations in the U.S., Europe, and Asia Pacific, Managed Objects is consistently acknowledged by leading industry analysts as well as industry leaders like AIB, CSC, Credit Suisse, DISA, Fidelity Investments, JPMorganChase, Progress Energy, Reuters, TIAA-CREF and other global organizations who rely on Managed Objects BSM technology. For more information, visit www.managedobjects.com.

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