San Jose, CA -- August 14 2000:
AdventNet, the Internet Management Infrastructure Company(TM), announced today that Mr. Kumar Padmini has taken over responsibility of world-wide sales, in addition to his marketing responsibilities. Announcing this, Dr. Tony Thomas, Chairman and Chief Architect said, "Our phenomenal growth over the past year, when we tripled our revenues and doubled our employee count, has pointed to the need to scale our sales organization to match our exceptional engineering capabilities. Kumar, with his decade-long of experience at HP, is the ideal person for scaling the sales organization to where we need to go. We are excited to have him lead this effort."
Dr. Sridhar Vembu, Chief Evangelist at AdventNet, added, "Kumar brings a wealth of experience in both direct sales and channel programs. We need to complement our growing direct sales force with a world-class channels strategy, and it became clear that bringing marketing and sales under common leadership is crucial."
Accepting his new responsibility, Mr. Kumar Padmini said, "I am delighted to be able to contribute to the growth story that is AdventNet. The breadth and depth of our product portfolio, our diversified customer base, and our world-wide market coverage all require that we have a good balance of direct sales and channels strategy. I will focus my energies to building our direct sales organization with a mission to develop and nurture long-term relationships with our customers as well as channel partners."
As part of this change in organizational roles, AdventNet also announced that Mr. Neil Butani, VP of Business Development, has left to pursue other opportunities. Dr. Vembu said, "We would like to thank Neil for his contribution. We wish him well in his new venture."
AdventNet has been hiring sales and marketing professionals aggressively, as it penetrates deeper into its various target markets in the broad Internet and e-commerce infrastructure management space. AdventNet has been consistently profitable, while maintaining exceptional quarter-to-quarter growth.
AdventNet, the Internet Management Infrastructure Company(TM), is the worldwide leader in providing Web and Java based network management software for OEMs, service providers, integrators and ISVs. Ease of use, scalability, reliability and extensive customizability are the hallmarks of AdventNet products. AdventNet products are powering solutions in many fast growing market segments, including e-commerce application management, optical networking, cable modem, DSL, storage management, web hosting and management service providers (MSPs). AdventNet enables superior solutions with rapid time to market advantages and all the benefits of new Internet technologies. AdventNet corporate office is located at Pleasanton, CA with offices in NJ, NH, India, China and Japan. It has a well-trained partner base around the globe and thousands of customers world-wide. For more information call +1-925-924-9500 or visit http://www.zohocorp.com.
Note to Editors: AdventNet, The Internet Management Infrastructure Company, and AdventNet Web NMS are trademarks of AdventNet, Inc. All other company names may be trademarks of the respective companies with which they are associated.
Ms. Sheela Kumar
AdventNet Public Relations