Platform Solutions, Inc.

Former IBM Executives Linda Zider and Carl Caricari Join Platform Solutions, Inc.

    SUNNYVALE, CA (ots) - Brings Key Domain Leadership to Deliver Intel® Based Mainframe Systems That Bridge to Open Systems Computing Environments

    Platform Solutions, Inc. (PSI), a Plug Compatible Manufacture (PCM) of mainframe systems based on Intel® technology today announced the appointment of two new senior executives; Linda Zider as Executive Vice President and Carl Caricari as Vice President of Engineering. Both appointees bring extensive experience to PSI in the enterprise computing sector; Linda Zider as Vice President and General Manager, Siebel Global Financial Services organization; and Carl Caricari as Vice President of Product Development, for IBM's Advanced Workstation Division.

    "PSI is fortunate to have attracted such proven talent to our expanding operations," said Michael Maulick, President and CEO, Platform Solutions. "Carl Caricari had proven during his time at IBM and Burroughs that he could consistently deliver new mainframe class products to market that exceeded customer's expectations for functionality and quality. In addition, Carl's experiences with startup's is great for PSI. Linda Zider's sales and marketing leadership at IBM, Bank of America, and Seibel Systems will help PSI break into targeted market segments and provide enterprise level relationship management experience that's needed for the mainframe market."

    Linda Zider"PSI believes that the need for innovative solutions for mainframe customers is growing," stated Linda Zider, Executive Vice President. "What attracted me to PSI was the intersection of three opportunities that have just recently come together; 1) highly scalable and reliable open systems servers; 2) the lack of alternatives for mainframe server customers; and 3) PSI's patented technology that allows MVS to execute on open systems processors at mainframe class performance levels. PSI's unique approach to mainframe server technology allows MVS, UNIX, Windows, and Linux to all run on the same hardware helping our customers derive benefits of server consolidation and improved systems management."

    For many years, analysts have predicted the downfall of the mainframe. Not only was demand in 2003 for mainframe servers in excess of $3 billion annually, this year's first quarter results have put mainframe sales growth on target to exceed double digits for 2004. With the exit of Fujitsu/Amdahl and Hitachi Data Systems from the OS/390 market a few years ago, PSI is uniquely positioned to provide mainframe customers a viable alternative for these mainframe server purchases.

    Biographies

    Linda Zider

    Prior to joining PSI, Ms. Zider was Vice President and General Manager, Siebel Global Financial Services organization, which included responsibility for the design, specification, development, quality assurance, testing, and product management of Siebel's Financial Service eBusiness Applications. Ms. Zider grew Seibel's Global Financial Services revenue over 100 percent 1999 to 2000 and ended 2001 with over $700 MM. Ms. Zider served on the CRM boards for Societe Generale, National Australia Bank and JPMorganChase. In addition, she was the lead Siebel executive for business development in Asia.

    Ms. Zider has over 20 years of experience in the Financial Services and Technology industry. At Fleet Boston Financial she was Executive Vice President of Institutional Sales and Marketing, Global Bank and headed the non-consumer integration with BankBoston and Fleet.

    Prior to Fleet Boston Financial, she spent six years at Bank of America as the Managing Director and Executive Vice President of Marketing, Global Wholesale Bank Marketing. In this role she was responsible for providing marketing strategy and direction for the business units of this $8 billon (revenues) organization.

    Ms. Zider spent 15 years at IBM in a number of roles, including Business Unit Executive focused on Marketing, Sales and Service with responsibility for Finance, Securities and Computer Services accounts.

    Carl Caricari

    Prior to joining PSI, Mr. Caricari was a founder and CEO of System Fabric Works, a software services firm specializing in high speed fabric computing. As Vice President of Micro Components for Burroughs Corporation, Mr. Caricari led efforts to consolidate operations and provide Burroughs with state of the art components.

    Mr. Caricari served as Vice President of Product Development with IBM. He was the major force behind the introduction of RS 6000 and AIX 3.1 IBM's UNIX operating system. He introduced these products growing IBM's workstation revenue significantly in a short period.

    In addition, Mr. Caricari managed the development of the Alliance between IBM, Apple and Motorola for the development of Power PC chips, computers, and object oriented programming languages. Earlier in his career with IBM, he was the leader of the team that developed and introduced System 3090.

    About Platform Solutions, Inc.

    Platform Solutions, Inc., in conjunction with key business partners, is a leading provider of systems for mainframe applications. Based on technology spun-off from Fujitsu-Amdahl, PSI offers mainframe computing datacenters alternative platform choice and the flexibility to bring together heterogeneous systems under a single managed environment. Privately held, Platform Solutions, Inc. is headquartered in Sunnyvale California. PSI can be reached at www.platform-solutions.com.

ots Originaltext: Platform Solutions, Inc.
Internet: www.newsaktuell.ch

Contact:
Christian Reilly
Platform Solutions, Inc.
408.737.3430



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