23 Feb 2017 07:00
23 February 2017
WANdisco plc
("WANdisco" or the "Company")
Board update
WANdisco (LSE: WAND), the world leader in Active Data Replication™ today announces the following board changes.
Dr Yeturu Aahlad, 58, who is part of the core team that founded WANdisco in 2005, is appointed to the board with immediate effect. Dr Aahlad is a pioneer in the field of active-active data replication, a patented process that sits at the heart of WANdisco's core technology, WANdisco Fusion. Dr Aahlad has a Ph.D in the field of Distributed Computing from the University of Texas, Austin and a BS in Electronics and Communication from IIT Madras.
In addition, the Company announces that James (Jim) Campigli, Chief Operating Officer, Head of Marketing, Co-Founder and member of the board will be stepping down with immediate effect to pursue other business interests. He leaves with the board's thanks for the significant contribution he has made since WANdisco's inception.
David Richards, Chief Executive Officer and Interim Chairman of WANdisco, commented:
"We are delighted to welcome Dr Aahlad to the board. As a founder and pioneer of WANdisco's patented technology, he is a natural addition and we believe he offers a wealth of industry experience which will be invaluable as we implement our near term growth strategy. I would also like to thank Jim for his tremendous contribution in the development of WANdisco and wish him well in all his future endeavours."
Dr Aahlad currently has a beneficial holding of 2,825,021 Ordinary Shares in the Company representing 7.62% of the Company's issued share capital.
There are no further disclosures required relating to Dr Aahlad's appointment in accordance with Schedule 2(g) of the AIM Rules.
For further information, please contact:
WANdisco plc | via Vigo Communications |
David Richards, Chief Executive Officer and Interim Chairman |
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Erik Miller, Chief Financial Officer |
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Vigo Communications | +44 (0)207 830 9707 |
Jeremy Garcia / Fiona Henson / Antonia Pollock www.vigocomms.com | |
Stifel (Joint Broker and Nomad) | +44 (0)207 710 7600 |
Fred Walsh / Neil Shah / Ben Maddison / Rajpal Padam |
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UBS (Joint Broker) Rahul Luthra / Sandip Dhillon | +44 (0)207 567 8000 |
About WANdisco
WANdisco (LSE: WAND) is the world leader in Active Data Replication™. Its patented technology provides continuous consistent access to changing data anytime and anywhere with no downtime and no disruption. WANdisco's patented technology serves crucial high availability (HA) requirements, including migration to cloud, Hadoop Big Data and Application Lifecycle Management (ALM), Subversion, Git and Gerrit.
WANdisco works directly with Fortune 1000 companies around the world and in all sectors to ensure their data, whether it is on-premise or in the cloud, gives them the real insight they need. WANdisco has an OEM with IBM and is also partnered with Amazon Web Services, Cisco, Google Cloud Platform, Hewlett Packard Enterprise, Microsoft Azure and Oracle to resell its patented technology. WANdisco is committed to the ODPi Interoperable Compliance Program to ensure its products are interoperable across a wider range of commercial Apache™ Hadoop® Platforms.
For additional information, please visit www.wandisco.com.