Exhibit 99.1
Appointment Adds Open Source Expert to Board of Directors
San Mateo, Calif. January 24, 2011 Actuate Corporation (NASDAQ: BIRT), The people
behind BIRT® and the leading open source Business Intelligence (BI) vendor, today announced that
Timothy Yeaton, an open source software and technology leader with over 30 years of management
expertise has joined the Companys Board of Directors.
Tim is one of the most influential people in the open source software industry today, said Pete
Cittadini, CEO and president of Actuate Corporation. By appointing him to our Board of Directors,
we are adding an individual who understands the unique nuances of open source for the enterprise
and shares our appreciation of how to navigate this rapidly evolving business landscape.
BIRTs momentum has been impressive and it definitely caught my attention, said Tim Yeaton. I
look forward to working closely with my fellow board members, Pete and his management team to help
Actuate to maximize BIRTs great potential.
Since February 2009, Tim has been President and CEO of Black Duck, the leading provider of
products and services for automating management, governance and the secure use of open source
software in multi-source development at enterprise scale. He has over 30 years of software and
technology management experience including serving as Chief Marketing Officer at EqualLogic until
its $1.4B acquisition by Dell (NASDAQ: DELL) in 2008, and as Dells Vice President of the Nashua
(N.H.) Design Center. Tim spent several years at Red Hat (NYSE: RHT), the leading provider of open
source software solutions, as Senior Vice President of Worldwide Marketing & General Manager of
Enterprise Products. At Red Hat, Tim was instrumental in expanding its business into the developer
and middleware markets
|
|
|
| |
|
|
| Copyright © 2009 Actuate Corporation
|
|
Page 1 of 3 |
with acquisitions of JBoss and MetaMatrix, and also built go-to-market partnerships with
companies including IBM, HP, Dell, Sun and several other strategic partners.
Prior to Red Hat, Tim served as CEO of Avaki, (acquired by Sybase (NYSE: SAP)), Senior Vice
President & General Manager of the Server Products Division at Macromedia (NASDAQ: ADBE) and spent
the early part of his career at Compaq and Digital Equipment Corporation (NYSE: HPQ) finishing as
Vice President and General Manager of Compaqs UNIX/Linux Software Division.
In addition to the Actuate Board of Directors, Tim currently sits on the Board of Directors of
Black Duck, the New Hampshire High Technology Council and on the Roger Williams University Board of
Trustees. He was previously on the boards of Avaki Corporation, the Open Group and the Open
Software Foundation. Tim holds an M.B.A. from Babson College, and a B.S., summa cum laude, from
Roger Williams University. He is also co-owner of Stonebridge Country Club in Goffstown, N.H.
In 2009 Tim was named one of the Most Influential People in the Open Source Industry, in a survey
of executives conducted by Mindtouch. In 2010 he was appointed a China Open Source Software
Promotion Union (COPU) Think Tank Advisor, a post which recognizes global thought leaders in open
source software.
Actuate the people behind BIRT
Actuate founded and co-leads the Eclipse BIRT open source project. ActuateOne is a unified suite of
products for rapidly developing and deploying BIRT-based custom Business Intelligence
applications and information applications. Applications built with ActuateOne provide one user
experience regardless of task or skill level; are supported by one server for any deployment
including cloud and are built with one BIRT design that can access and integrate any data source -
including high volume print streams. ActuateOne adds rich data visualizations, including
interactivity, dashboards, analytics, and deployment options to web and mobile BIRT
applications, helping organizations drive revenue through higher customer satisfaction and improved
operational performance.
Actuate has over 4,600 customers globally in a diverse range of business areas including financial
services and the public sector. Founded in 1993, Actuate is headquartered in San Mateo, California,
with offices worldwide. Actuate is listed on NASDAQ under the symbol BIRT. For more information,
visit the companys web site at www.actuate.com or visit the BIRT community at
www.birt-exchange.com.
---
|
|
|
| |
|
|
| Copyright © 2010 Actuate Corporation.
|
|
Page 2 of 3 |