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Turbolinux Names Ernest Cicogna Chief Financial Officer
Former Controller For IBM Takes The Financial Helm, Positions Turbolinux For Continued Growth
SAN FRANCISCO, December 11, 2001 - Turbolinux®, Inc a worldwide leader in Linux operating environments and multi-platform software deployment and management products, today announced that Ernest "Ernie" Cicogna has been named chief financial officer. In this role, Cicogna will be responsible for all aspects of worldwide finance for Turbolinux. This appointment completes Turbolinux's top management structure and positions the company for continued growth in its leading Linux distribution business while pursuing adjacent markets with its new software deployment and management product suite, called PowerCockpit.
"Ernie provides us with a very high level of industry experience and critical business insight," said Ly-Huong Pham, CEO of Turbolinux. "His background, working for a large institution as well as a smaller, high tech company, provides Turbolinux with a unique combination of perspectives -- the disciplined financial processes required to run larger companies and the more flexible entrepreneurial environment associated with smaller, creative companies."
Cicogna, a 30 year computing industry veteran, comes to Turbolinux from NetObjects, where he served first as vice president of finance and then as CFO. Prior to NetObjects, Cicogna held positions at IBM for over 25 years, serving as controller for their Internet division, as well as a financial manager for IBM in both Tokyo and Hong Kong, Italy, and the United States.
"Turbolinux has a great track record for bringing in top talent and the addition of Ernie to the team continues that tradition," said Andy Rappaport, a member of the Board for Turbolinux and a partner at venture capital firm, August Capital.
Commenting on the firm's ongoing strategy, Cicogna said, "During a phenomenally difficult time for the tech industry, Turbolinux has transformed itself both in the US and Asia. I'm excited to be part of the company as it continues to grow and deliver to customers solutions that enable flexible processing power."
Cicogna has a master's degree in Business Administration from Baruch School of Business and a bachelor's of science in Mathematics from City University of New York.
About Turbolinux
Founded in 1992, Turbolinux® Inc. is a global software company providing Linux operating environments and multi-platform software deployment and management products that allow computing assets to be quickly redefined on demand -- enabling true flexible processing power. Backed by some of the world's leading technology companies, including Compaq, Dell, Fujitsu, Hitachi, IBM, Intel, NEC, Novell, Oracle, SGI and Toshiba, Turbolinux is headquartered near San Francisco with offices around the world. For more information, visit the Turbolinux Web site at http://www.turbolinux.com.
Turbolinux is a registered trademark of Turbolinux, Inc. Linux is a registered trademark of Linus Torvalds. All other registered trademarks belong to their respective holders.
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