Business Services Industry

MontaVista Software Names Thomas F. Kelly CEO and President; Visionary IT Veteran to Lead MontaVista to Higher Levels of Achievement

Business Wire, June 5, 2006

SANTA CLARA, Calif. -- MontaVista Software Inc., the leading embedded Linux provider for the telecommunications, mobile, and embedded markets, today announced that Thomas F. Kelly has been selected as president, chief executive officer and chairman of the board of directors. Kelly succeeds CEO James Ready, who remains with MontaVista Software as a member of the board of directors and as chief technology officer.

Kelly comes to MontaVista Software as a technology industry veteran, with more than 26 years of experience working in numerous executive leadership roles, from software startups to billion-dollar technology companies. Kelly was CEO of BlueStar Solutions, an IT outsourcing company. In this capacity, he carried the company through a successful acquisition by Affiliated Computer Services, a $4.5 billion IT and business process services company. Prior to that, Kelly led Blaze Software, a supplier of business automation software, to a successful IPO and its subsequent acquisition by Brokat Information Systems, AG.

"I am excited to be part of the MontaVista Software organization with its market leadership position, tremendous market growth and solid financial condition," Kelly said. "MontaVista Software is the leading embedded Linux software company in the world, with a strong tradition of applying innovation and ingenuity across today's mobile, embedded and telecommunications markets."

Kelly previously served as chief operating officer for Cirrus Logic, a $1 billion diversified semiconductor company. Prior to Cirrus Logic, he held the role of executive vice president of publicly traded Frame Technology Corp., which was acquired by Adobe Systems. Kelly also served as chief financial officer at Cadence Design Systems. He is currently a member of the boards of directors for Epicor Software (Nasdaq: EPIC), FEI Co. (Nasdaq: FEIC) and SendMail Inc. Kelly earned a bachelor's degree in economics from Santa Clara University in Santa Clara, Calif.

"I'm very pleased to have Tom Kelly as MontaVista's new CEO -- he has outstanding credentials, is highly experienced in leading global business initiatives and has a track record of outstanding operating performance," said Ready, founder and new chief technology officer, MontaVista Software. "I look forward to focusing on MontaVista's customers and technologies in my new role as CTO. I am confident Tom is the ideal person to sustain MontaVista's strong performance and lead the company into the next chapter of its history."

About MontaVista Software

MontaVista is the leading embedded Linux provider for the telecommunications market. MontaVista delivers a complete, flexible and open operating system, which allows designers to innovate across a wide range of mobile and wireless devices and communications infrastructures. Headquartered in Santa Clara, Calif., MontaVista has operations in 15 countries. For more information, please visit www.mvista.com.

Linux is a registered trademark of Linus Torvalds. MontaVista is a registered trademark of MontaVista Software Inc. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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