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XebiaLabs Names Former Red Hat President Alex Pinchev, Carter Griffin, James Socas, to Board of Directors

BOSTON, MA -- (Marketwired) -- 06/10/14 -- XebiaLabs, a leading global provider of software delivery automation software for DevOps and Continuous Delivery, today announced the appointment of three new board members. The individuals bring broad business operations, sales and executive leadership experience from such companies as Red Hat Software, Symantec, and Coca-Cola.

Alex Pinchev, Carter Griffin, and James Socas will join XebiaLabs' board of directors. They will join chairman Daan Teunissen, XebiaLabs CEO Coert Baart, and independent director Wim Heijting on the Company's six-person board.

Alex Pinchev, Capri Ventures
Alex is the CEO of Capri Ventures, which provides strategic advisory services to technology start-ups. He previously served as President and CEO of Acronis, a leading provider of data protection and disaster recovery software with over three million consumer and 200,000 corporate customers. Prior to joining Acronis, Alex was the President of Global Sales, Services and Field Marketing at Red Hat Inc., growing revenue from $50 million to over $1 billion in nine years. He also held a range of senior roles within a range of technology companies, including MRO Software, Interchip, and MainControl, where he was Chairman, CEO, and Founder. He has directed large-scale global sales, marketing and service organizations, and has served on the Board of Directors of numerous private and public companies including BMC Software, Qualys, and LogiAnalytics.

Carter Griffin, Updata Partners
Carter Griffin is a General Partner at Updata Partners. Carter also currently serves on the Board of Directors for technology companies Bradford Networks, July Systems, LendKey, Logi Analytics and VideoBlocks. Earlier, Carter co-founded Brivo Systems and served as Chairman and CEO until selling the company to a strategic acquirer. He also spent four years as a Senior Vice President at Kaiser Associates, where he advised Fortune 500 clients on competitive positioning and new-market entry strategies. Previously, Carter worked in London for the Coca-Cola Company and held positions at American Management Systems and Arthur Andersen. Carter serves on the Board of Directors of Mindshare, a leading forum for over 700 tech CEOs.

James Socas, Updata Partners
James Socas is a General Partner at Updata Partners. James also serves on the Board of Directors for technology companies Bridge Energy, Collective Bias, Harmony Information Systems, PulsePoint, RES Software and Total Defense. James previously served as Senior Vice President and Head of Corporate Development at Symantec, the global security software leader, leading its mergers & acquisitions practice, corporate venture investing, and strategic, financial and technology alliances. Prior to Symantec, he was a Managing Director with Credit Suisse First Boston and Donaldson, Lufkin and Jenrette, executing over $20 billion in M&A transactions and $15 billion in capital raising.

About XebiaLabs
XebiaLabs is the fastest-growing, leading global provider of automation software for DevOps and Continuous Delivery helping companies to accelerate the delivery of new software. XebiaLabs' products provide the automation, efficiency and insight organizations need to meet the demand for faster software deployment cycles. Founded in 2008 and headquartered in Boston, XebiaLabs has a worldwide network of sales offices and partners. For more information, please visit www.xebialabs.com.

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