Keynote (NASDAQ: KEYN), the global leader in mobile and web
cloud testing & monitoring, appointed to its board of directors
Erik Prusch, President, Chief Executive Officer and Director of
Clearwire Corporation (NASDAQ:CLWR).
Umang Gupta, Chairman and CEO of Keynote, said: “We welcome Erik
to the Keynote board. He brings to us significant experience
leading technology businesses with a focus on software and, more
recently, wireless telecom. Throughout Erik’s career, he has
supported companies through rapid expansion, operational scaling,
and growth financing. We believe his guidance will be most
valuable, especially as mobile market adoption increases.”
Prusch added, “As a pioneer in the Software-as-a-Service model,
and now with a growing presence in mobile markets, Keynote is well
positioned for long-term growth. I am pleased to add my software
and wireless experience to Keynote’s board and look forward to
working with the board and management to scale the business.”
Erik Prusch
Prusch has served as Clearwire’s CEO since August 2011 and has
served as a director of Clearwire since February 2012. Prior to
being appointed as Chief Executive Officer in August 2011, Prusch
served as Chief Operating Officer from March 2011 to August 2011
and Chief Financial Officer from August 2009 to March 2011. Since
joining Clearwire, Prusch led efforts to raise over $6 billion in
equity and debt to fund the company's growth. During his tenure,
revenue increased by 427% to an annualized run rate of over $1.2
billion, the subscriber base grew by 1,352%, and margins improved
by 80 percentage points through careful expense controls. Prior to
Clearwire, Prusch served as President and Chief Executive Officer
of Borland Software from December 2008 to July 2009, where he led
the restructuring of the company and returned the business to
profitability. Other leadership roles included VP of finance in
Intuit's TurboTax division; CFO of Identix Incorporated; and VP and
CFO, Finance and Operations at Gateway Computers, Incorporated.
Prusch began his career at Touche Ross and PepsiCo. He holds a
Bachelor of Administration degree from Yale University and an
M.B.A. from the Stern School of Business at New York
University.
Forward-Looking Statements
This press release contains forward-looking statements that are
not purely historical regarding the company or management’s
intentions, hopes, beliefs, expectations and strategies for the
future. Because such statements deal with future events, they are
subject to various risks and uncertainties, and actual results
could differ materially from the company’s current
expectations.
Forward-looking statements in this release include, but are not
limited to, future prospects. It is important to note that actual
outcomes and Keynote’s actual results could differ materially from
those in such forward-looking statements. Factors that could cause
actual results to differ materially include risks and uncertainties
such as risks related to Keynote’s ability to successfully market
and sell its services to new or existing customers, especially
mobile enterprise customers; the uncertain impact global economic
conditions, particularly in Europe, will have on Keynote’s business
or the businesses of current or potential customers; the timing of
achieving customer acceptance for certain of Keynote’s products,
which affects the timing of revenue recognition; Keynote’s ability
to develop and introduce new services in a timely manner and
customer acceptance of new services; the extent to which demand for
Keynote’s various services fluctuates; the extent to which existing
customers renew their subscriptions and purchase additional
services, particularly enterprise customers; Keynote’s ability to
attract and retain new customers; Keynote’s ability to operate its
international operations and manage related costs successfully; the
impact of changes in foreign exchange rates, which can be
significant; Keynote’s ability to retain key employees; pricing
pressure with respect to Keynote’s services; unforeseen expenses;
competition in Keynote’s markets; costs associated with any future
acquisitions; the effect of acquisitions by competitors in
Keynote’s target markets; and Keynote’s ability to keep pace with
changes in the mobile and Internet infrastructure as well as other
technological changes. Readers should also refer to the risks
outlined in Keynote’s reports filed with the Securities and
Exchange Commission, including its Annual Report on Form 10-K for
its fiscal year ended September 30, 2012, and its quarterly reports
on Form 10-Q and any current reports on Form 8-K filed during the
fiscal year.
All forward-looking statements and reasons why results might
differ included in this release are made as of the date of this
press release, based on information available to Keynote as of the
date of this press release, and Keynote assumes no obligation to
update any such forward-looking statements or reasons why results
might differ.
About Keynote
Keynote® (NASDAQ:KEYN) is the global leader in Internet and
mobile cloud testing & monitoring. Keynote maintains the
world’s largest on-demand performance monitoring and testing
infrastructure for Web and mobile sites comprised of over 7,000
measurement computers and mobile devices in over 275 locations
around the world that enable companies to continuously improve the
online and mobile experience. Known as ‘The Mobile and Internet
Performance Authority™,’ Keynote offers three market-leading
product platforms:
Keynote Perspective® provides on-demand performance
monitoring for enterprise Web and mobile sites including online
portals, e-commerce sites and B2B sites. Over 2,000 customers rely
on Keynote Perspective services to know precisely how their
websites, content, and applications perform on actual browsers,
networks, and mobile devices.
Keynote DeviceAnywhere® is an enterprise-class,
cloud-based, mobile application lifecycle management (ALM) testing
& quality assurance platform. It is used by over 1,000 mobile
developers and enterprises to deliver mobile applications, content
and services faster while reducing downtime and testing costs.
Keynote SIGOS® offers active end-to-end Quality of
Service (QoS) testing and monitoring solutions for mobile, fixed
and VoIP communications. Its SITE and Global Roamer products are
used by over 200 network operators, content providers, carriers and
regulators in over 100 countries worldwide.
Keynote's 4,000 customers represent top Internet and mobile
companies and include American Express, AT&T, Disney, eBay,
E*TRADE, Expedia, Google, Microsoft, SonyEricsson, T-Mobile and
Vodafone. Keynote Systems, Inc. is headquartered in San Mateo,
California and can be reached at http://www.keynote.com/ or by
phone in the U.S. at 1-800-KEYNOTE.
The trademarks or registered trademarks of Keynote Systems, Inc.
in the United States and other countries include Keynote®,
DataPulse®, Keynote Customer Experience Rankings®, Perspective®,
Keynote Red Alert®, Keynote WebEffective®, The Internet Performance
Authority®, MyKeynote®, SIGOS®, SITE®, keynote® The Mobile &
Internet Performance Authority™, Keynote FlexUse®, Keynote
DeviceAnywhere®, Keynote DeviceAnywhere Test Center®, Keynote
DemoAnywhere® and Keynote MonitorAnywhere® All related trademarks,
trade names, logos, characters, design and trade dress are
trademarks or registered trademarks of Keynote Systems, Inc. in the
United States and other countries and may not be used without
written permission. All other trademarks are the property of their
respective owners.
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