Altiris, Inc. (Nasdaq: ATRS), a pioneer of service-oriented management solutions, today announced the appointment of Steve Madigan as Altiris VP of corporate development with the responsibility of further establishing Altiris market leadership through strategic acquisitions and partner opportunities. Madigan brings more than 18 years of industry experience to Altiris, most recently with Peregrine Systems, more than 10 years with Microsoft and more than four years as the principal of a venture capital management firm.
“We consider it a credit to our company to have Steve join the Altiris team,” said Greg Butterfield, Altiris president and CEO. “Steve brings a valuable combination of technical acumen, experience in the systems management market, and knowledge of business economics and strategy. He has proven his ability to develop successful business relationships and technology offerings that move companies forward.”
Madigan said, “Altiris is in an enviable position of being a market leader with very satisfied customers, boasting world-class products and channel partners. Altiris has the resources to acquire strategic technologies and create opportunities to increase market penetration of Altiris® service-oriented management products through partnerships and organic development. I look forward to extending the Altiris reputation for innovation and success.”
At Peregrine Systems, Madigan served as area vice president of product management with responsibility for systems management software product lines generating more than $200 million in revenues. Madigan directed business development activities by aligning product priorities and guiding partner negotiations.
In 1988, Madigan joined Microsoft and held numerous executive level positions within the Microsoft Windows and networking divisions. Madigan led program management teams that designed the Windows user interface and contributed to the core architecture of Windows NT / XP while working with countless partners on market and technology initiatives.
As a principal in a closely held venture capital firm, Madigan specialized in developing business and investment opportunities in Taiwan, China, the United States and Canada.
Madigan holds a bachelor’s of science degree in electrical engineering and computer science from Princeton University.
(Photo available upon request.)
About Altiris
Altiris, Inc. is a leading provider of service-oriented management software that enables IT organizations to easily manage, secure and service heterogeneous IT assets. Flexible solutions from Altiris help IT align services to drive business objectives, deliver audit-ready security, automate tasks, and reduce the cost and complexity of management. For more information, visit www.altiris.com.
Note on Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to, statements regarding furthering Altiris’ market leadership and creating market opportunities through strategic acquisitions and partner relationships. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ, including, but not limited to, our inaccurate assessment of market demand or IT technology trends; changes in the competitive dynamics of our markets, including strategic alliances and consolidation among our competitors or strategic partners; our inability to develop, or the deterioration of, our relationships with our OEM and other strategic partners; our inability to develop and expand our other VAR, systems integrator and other distribution channels; our inability to achieve the anticipated benefits of acquired businesses; disruptions in our business and operations as a result of acquisitions; and such other risks as identified in our Quarterly Report on Form 10-Q for the period ended March 31, 2006, and from time to time in other reports filed by Altiris with the Securities and Exchange Commission.
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Altiris is a registered trademark of Altiris, Inc. in the U.S. and in other countries. The other company names or products mentioned are or may be trademarks of their respective owners. |