Marimba names Rich Wyckoff as president and chief executive officer Tuesday 10 July 2001 PDF Print Marimba, Inc., a leading provider of systems management solutions built for e-business, announced that effective today its board of directors has appointed Rich Wyckoff as the company's new president and chief executive officer, succeeding John Olsen. Mr. Wyckoff will also join Marimba's board of directors. Mr. Olsen has resigned as president and CEO and as a director of Marimba to pursue other interests. Mr. Wyckoff, 41, is a veteran software and services executive with nearly 20 years of experience in high technology. He has served as Marimba's senior vice president of marketing since joining the company in September 2000. Before joining Marimba, Mr. Wyckoff was senior vice president of marketing at Zland, Inc. Prior to that, Mr. Wyckoff served simultaneously as vice president of corporate marketing and as a vice president of product marketing at Cadence Design Systems, Inc. Before joining Cadence, he founded and ran a successful high-technology brand-building firm and has also held marketing management positions at nCube and Sun Microsystems. Mr. Wyckoff holds a B.A. in Communications and an M.A. in Mass Media from University of California, Santa Barbara. "Rich has the management experience and proven leadership abilities that are essential to enabling the company to realise its long-term potential," said Ray Lane, a member of Marimba's board of directors. "Rich has done a great job driving the repositioning of Marimba's business and product strategy, and has the skills and market vision to take Marimba to the next level." "Over the past year we have strengthened our business operations, enhanced our product lines, and solidified our management team to position us well for the second half of this year and beyond," said Wyckoff. "I'm excited about Marimba's prospects and look forward to leading the company to new heights by capitalising on our substantial opportunity in the expanding systems management market." "Rich and John have been working closely together to help Marimba achieve its objectives, and we anticipate a smooth and rapid leadership transition," said Kim Polese, chairman of Marimba. "With Rich's broad industry experience and proven leadership at Marimba, the company is well positioned to reach its goals." In a separate press release issued today, Marimba also announced preliminary quarterly results. See news release dated 9 July 2001, "Marimba Announces Preliminary Second-Quarter Financial Results." About Marimba Headquartered in Mountain View, Calif., Marimba, Inc. (Nasdaq: MRBA) provides systems management solutions built for e-business. From change management to performance management software, Marimba's extensive Internet expertise allows Global 2000 companies to better manage their resources, increase efficiency and reduce costs. For more information, please call +44 118 949 7060, or visit our web site at http://www.marimba.com. This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by these sections. These forward-looking statements concern, among other things, the abilities and market vision of the Marimba executives mentioned above, a smooth and rapid leadership transition, Marimba's business prospects and ability to capitalise on the systems management market opportunity, and the expansion of the systems management market. Those results are subject to a number of risks and uncertainties, including without limitation, the performance of the Marimba executive mentioned above, the development, marketing, sales, support and hiring challenges that Marimba is likely to face, and factors influencing the growth of the systems management market. Actual results may differ materially due to these and other factors. Actual results may differ materially due to these and other factors. The matters discussed in this press release also involve risks and uncertainties described from time to time in Marimba's filings with the Securities and Exchange Commission (SEC). In particular, see the Risk Factors described in Marimba's most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as submitted to the SEC and as may be updated and amended with future filings or submissions. Marimba undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release. -ends- Marimba is a registered trademark, of Marimba, Inc. in the U.S. and/or certain other countries. Other product, trademark, company or service names mentioned herein are the property of their respective owners. Victoria Bartolome AxiCom UK Direct: +44 (0)20 8600 4659 Email: email@example.com Cambridge House, Cambridge Grove, London W6 0LE T: +44 (0)20 8600 4600 F: +44 (0)20 8600 4620 This press release was distributed by ResponseSource Press Release Wire on behalf of AxiCom in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.