VKernel Names Dan Kelly Chief Financial Officer

Innovative systems management solution provider for the virtual data center welcomes industry veteran with more than 20 years of financial experience to executive team

PORTSMOUTH, N.H., July 15, 2008 – VKernel Corporation, a provider of easy-to-use and quick-to-deploy virtual appliances for managing virtual server environments, today announced the appointment of Dan Kelly as Chief Financial Officer (CFO).  In this role, Kelly is responsible for VKernel’s worldwide financial strategy and execution.

"Dan brings a tremendous amount of financial experience in technology market to VKernel, which will be extremely helpful as we establish a strong, scalable business with great long-term prospects," said Alex Bakman, founder and CEO of VKernel. "His hands-on experience working in high technology start-up environments makes him uniquely qualified to help VKernel rapidly expand our leadership role in the virtualization systems management market."

Kelly brings more than 20 years of financial management experience with software and services organizations to VKernel.  Previously, he was CFO of geoVue, a provider of dynamic location optimization software.  Prior to that position, Kelly held CFO positions at Ecora Software and Scribe Software.  He also has Big Four accounting experience and earned a bachelor’s degree in business administration from the University of Notre Dame.

“This is a great time to join VKernel as the company is experiencing rapid growth in an unbelievably hot market,” said Dan Kelly, CFO at VKernel.  “I look forward to contributing to VKernel’s success as we strive to be the market leader in providing systems management solutions for the virtual data center.”

The VKernel Virtual Appliance Suite for Systems Management is a set of innovative, “plug-and-play” virtual appliances designed to quickly address real world systems management challenges as organizations migrate to VMware ESX virtual data center environments.  VKernel products enable IT groups to immediately solve today’s critical pain points by providing visibility into the capacity and resource consumption of each virtual machine.  VKernel is currently offering a Chargeback Virtual Appliance for gaining cost visibility and implementing chargeback, and a Capacity Bottleneck Analyzer Virtual Appliance for identifying and eliminating capacity bottlenecks.

About VKernel

Based in Portsmouth, NH, VKernel is dedicated to developing best-of-breed virtual appliances that enhance performance, lower costs, and simplify management of virtual environments of all sizes.  As a member of VMware’s Technology Alliance Program, VKernel offers the industry’s only VMware certified virtual appliances for analyzing capacity, chargeback, and cost visibility.  For more information, visit www.vkernel.com.

VKernel and the VKernel logo are trademarks of VKernel Corporation. All other company and product names mentioned may be trademarks of their respective holders.

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