Frisco, Texas – (The Hosting News) – June 13, 2007 – Self-managed, dedicated server products and services firm, Layered Technologies, Inc., has appointed two new members to its executive team.
Jack Finlayson, former President, COO and Director of SAVVIS, and David Howe, Founder and Managing General Partner of Enhanced Equity Fund, L.P. (“EEF”), have joined the company’s Board of Directors.
Mr. Finlayson has over 20 years of experience within the technology and telecommunications industry, holding various executive roles engaged in corporate growth, thought leadership management and key marketing initiatives with such companies as SAVVIS (NASDAQ: SVVS), Global Crossing, Motorola and AT and T.
Michael Platner, CEO of Layered Technologies remarked, ”Jack’s career accomplishments and experience in the business issues of high-tech, leading edge companies will be a great benefit to our board. Surrounding ourselves with people who understand and share our passion for both on demand hosting infrastructure services, and our commitment to our customers’ success, will help us to reach our full potential.”
In January 2000, Mr. Finlayson joined SAVVIS, a global leader in IT infrastructure services for business and government applications, as President and Chief Operating Officer. He demonstrated a key understanding of business issues and expanded the company’s success year after year. Prior to joining SAVVIS, Mr. Finlayson was Senior Vice President of Global Crossing Holdings and President of Global Crossing Intâ€™l, Ltd. Previously, Mr. Finlayson also held key executive positions at Motorola where he was an officer and ran the Wireless Infrastructure business for the Americas and Asia. Prior to Motorola, he spent 13 years in various senior management and marketing roles at AT and T. Mr. Finlayson earned a BS in marketing from LaSalle University, and an MBA and Masters Certification in Information Management, both from St. Joseph’s University.
David Howe is a Founder and Managing General Partner of Enhanced Equity Fund, L.P. (“EEF”). He has been actively engaged in private equity and venture capital investing for over 16 years. Prior to creating EEF, Mr. Howe served as a partner at both Citicorp Venture Capital Ltd. (“CVC”) and Lightyear Capital (“Lightyear”).
Todd Abrams, President and COO of Layered Technologies added, ”David’s experience in the financial sector and his work in venture capital within the IT and business services will help Layered Technologies navigate the complicated financial landscape as we continue to grow and expand our core businesses.”
While at CVC and Lightyear, Mr. Howe focused on equity investments of $5 million to $35 million per transaction, primarily in information technology and business services. He currently serves on the Board of Directors of Integrated Mobile, Inc, Enhanced Wireless Inc, Stratos Lightwave, and Fitness Together, Inc. Mr. Howe received a Bachelor of Arts from Harvard College and an MBA from Harvard Business School.
Based in New York City, Enhanced Equity Fund L.P is a $225 million private equity fund focused on investing in small capitalization growth companies (typically less than $100 million in revenues). EEF focuses its investment activity exclusively in two areas: Healthcare and Information and Business Services. Its investment philosophy and strategy is to invest in smaller high growth companies and partner with successful entrepreneurs and management teams to build value through internal growth and acquisitions.
Based in Frisco Texas, Layered Technologies, Inc. is one of the five largest global providers of on-demand hosting and utility computing solutions, providing dedicated, partially managed server hosting solutions, primarily for the small and medium-sized enterprise (”SME”) market. The firm provides customers with technology, infrastructure and support services designed to enable them to operate servers at secure Tier III/IV data centers, while saving capital and operating costs typically associated with purchasing and maintaining servers at co-location facilities. Layered Technologies servers and associated network facilities are used by customers to host a variety of Internet-enabled applications, including content and e-commerce web sites, software as a service (”SaaS”) offerings, online multiplayer games, shared web site hosting services, and streaming multimedia content distribution and delivery, among other applications.
To learn more about EEF, please visit: www.enhancedequity.com.
For more information about Layered Technologies, please visit: www.layeredtech.com.