Syncsort Welcomes New CEO


WOODCLIFF LAKE, New Jersey, July 28 /PRNewswire/ --

- Executive Brings Deep Expertise and New Vision to Performance-Driven 
Data Management and Data Protection Software Company

Syncsort, a global leader in high-performance data processing, data
integration and data protection and recovery software, today announced that
Flavio Santoni has joined as Chief Executive Officer. With more than 25 years
of experience in the IT market, Santoni will lead the strategic direction and
operations of Syncsort worldwide.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000922/SYNCSORTLOGO )

"Syncsort has a strong heritage and proven track record of providing
distinct value to customers worldwide," Santoni said. "Across industries and
in some of the most demanding environments, Syncsort software brings
high-performance, highly-efficient hardware utilization and ease of use. I am
honored by the opportunity to lead Syncsort in unlocking greater
opportunities for the value it delivers."

Santoni's appointment comes on the heels of Syncsort's recapitalization
by Insight Venture Partners, Bessemer Venture Partners and Goldman Sachs.
This is the first time the company has invited outside investment in its
40-year history. Aso O. Tavitian, Syncsort's founder, will remain a key
stakeholder and active participant on the Syncsort Board of Directors.

"Flavio is a seasoned executive with proven success in growing global IT
organizations," said Tavitian. "His experience and vision for the future
strengthen Syncsort's management team and will accelerate the company's pace
of growth."

Peter Sobiloff, Managing Director at Insight Venture Partners and
Chairman of Syncsort's Board of Directors, added, "Private companies of
Syncsort's size and profitability are very rare assets in the software
industry. Leaders who can drive such companies down a path of further
profitable growth are equally rare. Flavio Santoni is one of those leaders
and we are excited to have him at the helm. Insight had been looking for an
opportunity to invest in Syncsort for over a decade and now its full
resources and those of our co-investors are at Syncsort's disposal."

Santoni joins Syncsort from LSI Corporation, where he was co-general
manager of its Engenio Storage Group. Prior to joining LSI, he was executive
vice president and chief operating officer at Sutmyn Storage Corporation. He
earned a degree in electronics from IX Istituto Tecnico, Milan, Italy, and
has completed the Stanford University AeA/Stanford Executive Institute
program for the management of high technology companies.

About Syncsort Incorporated

Syncsort is a global software company that speeds data processing, data
integration, and data protection & recovery. Supported by a professional
services team built on 40 years of expertise, Syncsort helps customers drive
ROI with software solutions that combine high performance, optimal hardware
utilization, and ease of use. With over 12,000 deployments worldwide,
Syncsort customers include 96 of the Fortune 100 companies. Syncsort is
headquartered in Woodcliff Lake, NJ, and has international subsidiaries in
the United Kingdom, France, and Germany, with support centers in the United
States and Netherlands. An international network of partners, resellers and
distributors positions Syncsort products as an integral component of IT
solutions. For more information call +1-201-930-8200 (1-877-FAST-951 in the
US and Canada) or visit: www.syncsort.com.

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.