MILPITAS, CA -- (Marketwired) -- 08/15/13 -- Virident Systems Inc., the performance leader in flash-based storage-class memory (SCM) solutions, today announced that Michael Klayko, former Brocade CEO and current CEO of MKA Capital LLC, has joined the company's board of directors. Klayko brings more than 30 years of strategic management and technology industry experience to Virident's board.
"Virident has a tremendous market opportunity as flash storage becomes more pervasive in the datacenter," said Klayko. "The company is capitalizing on this and has assembled an impressive management team and group of strategic investors. I believe their technology approach of implementing flash storage on the server-side is disruptive and will go far in winning new customers. I look forward to being part of the team that will take them to the next level."
Prior to joining MKA Capital LLC, Klayko was with Brocade for 10 years, filling many roles including vice president of OEM sales, vice president of worldwide marketing and support, vice president of worldwide sales and CEO. Before Brocade, Klayko was CEO and president of Rhapsody Networks, a privately held technology company acquired by Brocade in 2002. Klayko also served as executive vice president of McDATA Corporation and senior vice president for North American sales at EMC Corporation; in addition he has held various executive sales and marketing positions at Hewlett-Packard Company and IBM Corporation. He is also currently a director of the public semiconductor company PMC Sierra, Inc., and on the board of Allscripts, a healthcare software provider. Klayko holds a bachelor's degree in electronic engineering from Ohio Institute of Technology.
"We believe Mike joining our board is another big win for Virident," said Mike Gustafson, CEO of Virident. "His past experience in building successful companies will be invaluable as we enter this high growth phase of the company and capitalize on our opportunity in the market."
About Virident Systems
Virident Systems is a leading provider of enterprise-class Storage Class Memory (SCM) solutions that deliver unconditional, consistent performance to data-intensive applications. The inherent advantage associated with this disruptive technology revolutionizes computing by speeding application response time and optimizing datacenter efficiency for new levels of ROI. Virident Systems is backed by strategic investors Intel®, Cisco® Systems, Seagate and a storage solutions provider, as well as Hercules Technology Growth Capital and venture investors Artiman Ventures, Sequoia Capital, Globespan Capital Partners, and Mitsui Global Investments. For more information, visit www.virident.com.
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