Permabit Announces Neal Civjan as Senior Vice President of Sales and Business Development

Experienced industry veteran to lead significant growth of worldwide sales at Permabit

CAMBRIDGE, Mass.--()--Permabit Technology Corporation, a recognized leader in data efficiency technology, today announced the appointment of Neal Civjan as Senior Vice President of Sales and Business Development. Previously VP and GM of Embedded Global Software Sales at Oracle, Civjan brings outstanding leadership in delivering scalable and sustainable revenue and profit growth by building and leading high performance teams from vision to execution. He will be responsible for driving Permabit's sales and business development with an immediate focus on building and growing the team and reports to CEO Tom Cook.

Civjan brings more than 20 years of global high tech leadership spanning the Americas, EMEA, and Asia Pacific to his new role at Permabit. Prior to Permabit, he joined Oracle from the Sun acquisition and ran worldwide software and technology sales. While there, he drove Java licensing from its inception to making it ubiquitous globally in computing and consumer electronics, and grew the sales team into one of the largest OEM software organization in the world. He was also responsible for the sales integration of the MySQL acquisition.

Prior to Sun, Civjan drove sales at a number of global organizations where he developed and implemented ISV marketing plans and programs and developed and executed on long-term strategic planning and product business plans. Civjan is an industry pioneer, specializing in P&L leadership, sales leadership and execution, product and services sales, business development, strategic planning and execution, rapid growth management, global operations management, and business integration.

“Neal’s impressive skill set and work with key worldwide partners is an immense asset to Permabit to address the massive demand for our data optimization software offerings,” says Tom Cook, Permabit CEO. “We are getting great traction with leading companies and are expanding the product offering. Having led sales for one of the most successful software licensing organizations in the world, Neal takes the lead for Permabit to enable our customers to differentiate and optimize their products and rapidly expand our global presence.”

“I am joining Permabit at a very exciting time for the company,” said Civjan. “Having already introduced innovative, game-changing data optimization technology for leading OEMs, Permabit is now ready to take the next step and ramp up for broader adoption and sales in 2012. With data growth running at unprecedented levels and growing demand to reduce operating costs, Permabit provides the right solution, at the right time, that can meet the ever-evolving needs from the smallest to largest enterprises.”

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About Permabit
Permabit is a recognized leader in data efficiency technology, enabling OEMs to leverage their R&D investment, increase margin, accelerate time to market and achieve competitive advantage. Permabit Albireo software massively improves performance and efficiency of data creation, transmission and storage. Solutions built with Albireo are being delivered by leading hardware, software and service providers. Our partners include Hitachi Data Systems (HDS), LSI, and StoneFly. Permabit was founded in 2000 by a technical and business team from Massachusetts Institute of Technology. For more information, visit: www.permabit.com.

Contacts

Permabit
Mike Ivanov, 617-995-9311
mivanov@permabit.com
or
Lois Paul and Partners (for Permabit)
Tara Lefave, 617-986-5733
permabitlpp@lpp.com

Release Summary

Permabit Technology Corporation, a recognized leader in data efficiency technology, today announced the appointment of Neal Civjan as Senior Vice President of Sales and Business Development.

Contacts

Permabit
Mike Ivanov, 617-995-9311
mivanov@permabit.com
or
Lois Paul and Partners (for Permabit)
Tara Lefave, 617-986-5733
permabitlpp@lpp.com