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UPDATE: Joyent Appoints New CEO to Accelerate Growth With Focus on Hybrid Cloud Computing

Scott Hammond Joins Joyent Executive Leadership Team From Cisco Systems

SAN FRANCISCO, CA -- (Marketwired) -- 06/25/14 -- Joyent, the high-performance cloud infrastructure and data services company, today announced the appointment of Scott Hammond as Chief Executive Officer. Under Scott's leadership, Joyent seeks to accelerate growth with a focus on hybrid cloud infrastructure, which is expected to become the largest segment of cloud computing in coming years. Gartner predicts 50 percent of all enterprises will have hybrid cloud deployments by 2017.

With over two decades of senior leadership experience, Hammond joins Joyent from Cisco Systems, where he was Vice President of Strategy and Business Development for Cisco's Cloud and Systems Management Technology Group. Previously, Scott served as CEO of newScale, Inc., acquired by Cisco in 2011 and Digital Market Inc., acquired by Agile Software in 1999. Scott's background in the cloud computing and data center automation space, plus his track record growing successful startups, make him an ideal fit to propel Joyent's growth and continued evolution.

"Joyent has a massive market opportunity coming into the era of hybrid cloud adoption," said Hammond. "Cloud computing is still in its infancy. It will explode as companies move to deploy the next generation of applications written for the cloud, in the cloud. Mobile applications are the largest segment of these applications and they are being written in node.js. These applications need a durable, scalable, high-performance stack that can be deployed on-prem or in a public cloud. Joyent's container-based stack uniquely delivers these capabilities and lets customers have a consistent set of technology, tools, and processes for both their public and private cloud deployments."

The news of Scott's appointment coincides with the launch of SmartDataCenter 7, a complete cloud management platform for private and hybrid cloud deployments, designed around lightweight, container-based virtualization and proven at scale for years as the backbone of Joyent's Public Cloud.

"Through his leadership, Scott has a history of accelerating growth and driving new sources of revenue for both proven and emerging companies. As the cloud industry matures towards a hybrid future, his vision aligns perfectly with Joyent's centered around a new economy of datacenters and cloud services," said Charles Beeler, general partner, Icon Ventures, who sits on Joyent's board of directors. "Analysts predict a multi-billion dollar market opportunity for enterprise cloud services, and Scott is the perfect leader to help Joyent capitalize."

About Joyent
Joyent is the high-performance cloud infrastructure and data services company delivering a complete set of solutions for today's real-time web and mobile applications. Joyent provides multiple IT infrastructure capabilities including compute, networking, solution appliances, and the Joyent Manta Storage Service -- the first highly scalable, distributed object storage service with integrated compute. Joyent is also the corporate steward of Node.js, the popular and fast-growing open source server-side JavaScript project.

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