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Press Room | Press Releases

DataCore Appoints George P. Scanlon as CFO

Former CFO for Seisint and Senior VP Planning and Controller for Ryder System

FT. LAUDERDALE, Fla. (January 15, 2002) — DataCore Software, the leading provider of storage virtualization and networking software, announced today the appointment of George P. Scanlon as the company's chief financial officer. As a skilled financial executive, Scanlon is recognized for his expertise in strategic decision-making, planning, acquisition, divestiture and capital expenditure analysis and cost control.

"George brings over 20 years of senior-level financial experience to DataCore. He has led important corporate initiatives managing multi-billion dollar capital expenditures, developed and implemented standard accounting policies and managed investor relations and public disclosures," said George Teixeira, president and chief executive officer of DataCore Software. "His knowledge and skill set is an asset to DataCore as the company continues its worldwide expansion and growth."

"DataCore's proven technology provides a comprehensive and enterprise-wide open storage networking solution to its global customer base," said George P. Scanlon, chief financial officer of DataCore. "The recent third round of financing and the strategic partnerships place DataCore in a solid financial position. My background will help DataCore achieve its goals to build momentum with its major OEMs and resellers worldwide and strengthen its position as the leading storage networking platform and virtualization provider."

With finance experience working for both public and private companies, Scanlon began his career in public accounting with Price Waterhouse and joined the finance group at Ryder System in 1982. Through his 18 years with Ryder, he worked his way up through a variety of financial positions to senior vice president of planning and controller where he was responsible for all financial reporting and the analysis of significant corporate initiatives. His most recent position was with Seisint as chief financial officer where he raised debt and equity capital and established financial reporting processes. Scanlon holds an MBA in finance from University of Miami and a BBA in accounting from University of Notre Dame.

About DataCore
DataCore Software Corporation is the leader in storage virtualization and networking software. The company's award-winning SANsymphony™ storage control software dramatically improves ROI and storage utilization by converting 'islands' of disparate storage into networked storage pools, enabling the easy allocation of storage capacity. DataCore distributes its software products through the SANvantage Partner Program including its authorized and technical channel and major OEM partners worldwide. Founded in 1998 by some of the industry's most respected storage technologists, DataCore is privately-held with headquarters in Ft. Lauderdale, Fla., and other US offices located in CA and NC with international sales and service operations located in London, Paris, Munich, Tokyo, and Sydney. For more information, call (877) 780-5111 or visit www.datacore.com.

DataCore, the DataCore Logo, and SANsymphony are trademarks of DataCore Software Corporation. Other DataCore product or service names or logos referenced herein are trademarks of DataCore Software Corporation.

All other products, services and company names mentioned herein may be trademarks of their respective owners.

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Corporate Contacts:
DataCore Software Corporation
(954) 377-6000
pr@datacore.com

Media Contacts:
(954) 377-6000
pr@datacore.com

Kendra Balcius
(760) 758-8002
kbalcius@corporateink.com