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Pneuron Corporation Names Thomas C. Fountain as CTO



  Pneuron Corporation Names Thomas C. Fountain as CTO

  Former CIO at Bunge, Honeywell and GE Brings 20 Years of Enterprise Market
                                  Experience

Business Wire

WOBURN, Mass. -- November 19, 2012

Further expanding its executive management team and accelerating its entry
into the enterprise market, Pneuron Corporation today announced the
appointment of Thomas C. Fountain as CTO. He will report to Simon Moss, CEO.

As chief technology officer, Fountain will be responsible for shaping product
direction and market positioning of Pneuron’s patent-pending,
distributed-solutions platform. He will also work closely with customers,
addressing their critical IT business needs and re-defining the
price-performance curve for complex business problems that have not been
served successfully through traditional, enterprise data warehouses or “big
data” solutions.

"We’re delighted to welcome Tom as Pneuron’s CTO,” says Moss. “With over 20
years of experience, half in CIO roles at large multi-national companies, he
brings a tremendous amount of experience in assessing and responding to
enterprise customers’ needs based on his experience at GE, Honeywell and
Bunge. He’s also representative of the experience, creativity and intellectual
horsepower we’re adding to Pneuron’s executive management team as we move more
deeply into the enterprise market space.”

In reviewing cost, time-to-market and time-to-value advantages that Pneuron
brings to the enterprise market, Fountain shared his thoughts on Pneuron’s
corporate blog, writing, “With rapidly evolving new technologies, there is a
real opportunity for CIOs, CTOs and architects to think differently about how
they serve the total breadth of customer analytics demand. Just like the
business serving external customers, IT has an opportunity to segment demand
and develop focused strategies to serve each segment. The resulting
multi-alternative approach may well yield a lower total-cost-of environment
for the enterprise.”

Fountain recently served as global CIO at Bunge Ltd, a $50 billion global
agribusiness firm where he led IT strategy and governance to maximize leverage
across their global footprint. He joined Bunge from Honeywell where he rose to
the position of vice president, CIO for their $5.2 billion specialty materials
business group. Previously, he held CIO roles at GE divisions where he led
business process improvement programs which integrated organizational
development, information technology and Six Sigma strategies. His background
also includes technical and product management roles at Dell, Martin-Marietta
and Hewlett-Packard and at the CIA.

He earned a BSEE in electrical engineering at MIT and both an MS in electrical
engineering and an MBA in business administration at Duke University.

About Pneuron

Pneuron Corporation provides Fortune 5000 enterprises with an innovative
business framework eliminating traditional technological barriers that prevent
organizations from functioning as a cohesive, transparent enterprise. The
Pneuron Platform accelerates creation, deployment and management of new
applications, analytics and operational best practices at a fraction of the
cost of traditional technology solutions. This critical, real-time connection
of the global enterprise occurs without the potential for traditional IT,
large-data integration or deployment-risk concerns prevalent in most projects.
Multiple patents are pending. For more information, visit www.pneuron.com.

Contact:

martinrabkinink for Pneuron Corporation
Martin Rabkin, 914-420-5739
mrabkin@martinrabkinink.com
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