Apprenda Hires Wayne Boomer as Vice President of Finance and Operations

  Apprenda Hires Wayne Boomer as Vice President of Finance and Operations

  Boomer to lead next phase of growth for Apprenda’s private PaaS platform,
                handling all finance and operations functions

Business Wire

NEW YORK -- February 7, 2013

Apprenda, the leader in enterprise private platform-as-a-service, has added
Wayne Boomer as Vice President of Finance and Operations to its executive team
reporting to CEO Sinclair Schuller. Boomer will work out of the Clifton Park,
N.Y. office.

Recently, Wayne was the CFO and Senior Vice President of Finance for On2
Technologies, a publicly traded software company that designed video codec
technology, acquired by Google in 2010. On2 was the first publicly traded
company Google had acquired. Boomer held an integral team role through the
acquisition where On2 obtained a 6.5x multiple of revenue increase for the
purchase of IP.

“Wayne will be instrumental in Apprenda’s strategic operations, increased
funding and managing the company’s profit stream for our enterprise
customers,” said Sinclair Schuller, CEO of Apprenda. “His background with
companies like Google, On2, Inmedius and MapInfo provide a wide range of
experience perfect for Apprenda’s accelerated growth.”

During a five year tenure as CFO and VP of Finance at Inmedius, an
international software and services company in Pittsburgh, Boomer was a
central part of the executive team responsible for tripling revenue, obtaining
yearly growth, and achieving a +20 percent five-year compound annual growth
rate. Boeing acquired Inmedius in 2012.

As Finance and Operations Director of MapInfo in the UK, Boomer led EMEA G&A
operations for the company. Boomer was a part of MapInfo’s accelerated growth
team in which the EMEA operations went from $13 million to $37 million, and
simultaneously grew a headcount of 40 people in two countries to over 160
people in six countries. Pitney Bowes acquired MapInfo in 2007. In addition to
his activities abroad, Wayne is also a registered CPA, and was a senior
associate for a big four firm.

About Apprenda

Apprenda is a platform-as-a-service (PaaS) that transforms how enterprises can
develop, deliver and manage next generation applications in a public, private
or hybrid cloud environment. Apprenda’s platform makes writing and managing
enterprise cloud applications easy and efficient, without compromise. The
Apprenda PaaS equips enterprises with the runtime, APIs and tools that allow
them to easily build, deploy and manage cloud applications using today’s
skillsets and investments. By decoupling applications from infrastructure and
developers from IT, Apprenda empowers organizations to achieve significant
cost savings and massive productivity improvements that result in better


Nicole Messier
Dir. of Corporate Communications
Office: 518-383-2130 x318
Mobile: 518-538-8608
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