Tervela Appoints Christopher Larsen, Former EVP, TIBCO Software, to Board of Advisors

Former Cisco Systems and Reuters Executives to Manage Top Tier Accounts NEW YORK, July 31 /PRNewswire/ -- Tervela, creator of the fastest, mostintelligent hardware-based acceleration solutions for tradinginfrastructures, announced several executive appointments today.Christopher Larsen has been elected to the Board of Advisors to providestrategic and operational guidance based on his more than 20 years ofenterprise and services experience in the IT sector. Jay Miller and FeargalO'Sullivan have been brought in as regional sales directors to manage tierone customer relationships with investment banks, hedge funds, brokeragefirms and other financial institutions. Larsen most recently served as EVP, global field operations for TIBCOSoftware Inc, where he was responsible for sales, alliances, channels,emerging technologies, professional services and pre-sales support. Priorto that he served as president of SAP America, Inc. Miller comes from Cisco Systems, where he was data center productspecialist responsible for infiniband networking technologies and designinglatency-reducing market data, analytic trading and order managementapplications. O'Sullivan served as director, solution sales specialist, at Reuterswhere he sold complex integration solutions for low latency and algorithmictrading using Reuters Market Data System, Reuters Data Feed Direct, andTIBCO integration products. "Tervela has a growing customer and prospect base that includes 10 ofthe top 12 investment banks on Wall Street and our solutions offer a 10x -100x capacity increase over legacy systems," said J. Barry Thompson,founder and CEO. "In order to continue scaling the delivery of our uniquesolution to this savvy customer base, we needed executives with deepfinancial sector expertise and an understanding of the cost benefits andcompetitive advantage that come from an intelligent hardware-basedmessaging platform. This team of senior professionals has the track recordand the skills to continue growing Tervela's execution capability in thismarketplace." About Tervela Tervela provides hardware acceleration for trading infrastructures.Built from a hybrid of networking and middleware technology, Tervela'sintelligent, hardware-centric data messaging platform is a simple yetpowerful solution architected to deliver speed, scalability and stabilityto meet the demands of today's high volume trading environments. Byintegrating and accelerating the entire messaging ecosystem, Tervela givescustomers a 10x - 100x improvement in capacity and performance over legacysystems. The platform brings an unprecedented level of stability to tradingenvironments by eliminating multicast storms, dynamically adapting tomessage traffic changes brought on by market volatility, and ensuringpredictable performance - even in peak volume periods. Founded in 2004,Tervela is funded by Goldman Sachs, Sigma Partners and Acartha Group. Contact: Steph Johnson Page One PR for Tervela Tel: 1-212-410-2254 Mobile: 1-917-805-6925 steph@pageonepr.com