RESTON, VA -- 06/17/08 --
Netuitive,
Inc., the leading provider of self-learning performance management
software, today announced that Rahul Merchant, CIO and executive vice
president of Fannie Mae, will join Netuitive's Board of Directors.
Merchant holds an impressive track record in working with some of the
world's leading financial powerhouses, including Merrill Lynch, Dresdner,
Kleinwort and Benson, Sanwa Financial Products and Lehman Brothers, Inc.
His expertise lies in creating strategies for financial companies and
incorporating progressive technology to support business goals. Considered
a thought-leader and innovator in his field, Merchant is successful in
providing cost-effective tactics for every company he engages with.
"Netuitive is a true IT leader, with a strong and innovative management
team," said Merchant. "Their dedication and vision are impressive and I'm
excited about joining the Board of Directors."
"Rahul brings a wealth of knowledge to the company," said Nicola Sanna, CEO
and president of Netuitive. "His years of operational expertise and
intimate knowledge of the financial services community are tremendous
assets, which add to the bench strength of our leadership. We are very
proud to have him on-board."
Over the last year Netuitive has experienced over 100 percent revenue
growth, closed million dollar deals with industry leaders in the financial
services, retail, e-commerce and telecommunications industries, and
surpassed its 200th customer milestone. The company appeals to
organizations by replacing human guesswork with the accuracy of automated
mathematics, enabling proactive end-to-end management of mission-critical
infrastructures and business services.
About Netuitive, Inc.
Netuitive is the leading provider of self-learning performance management
software. Based on nine patented technologies resulting from 20 years of
academic and commercial research and development, Netuitive products
replace human guesswork with automated mathematics and analysis to improve
performance of systems, business services and virtual infrastructures.
Hundreds of customers such as Kroger, BlueCross BlueShield, MetLife,
Wachovia and the U.S. Air Force have discovered that Netuitive software
leverages existing monitoring systems and delivers return on investment in
as little as two months. Netuitive has received many industry accolades,
including being named an eWeek Excellence Award winner, a "Best of VMworld"
winner, a Pink Elephant "Innovation of the Year," and a Red Herring Top 100
company. For more information, please visit www.netuitive.com.
Contact:
Julie Tangen
Kulesa PR for Netuitive
831.425.1083
Email Contact
