Penguin Computing Appoints Martin Seyer as President and CEO

Former VP of NCR's Multi Million Dollar High Availability eCommerce Business and Driver of Dell's PowerEdge(TM) Server Launch Brings Valuable Experience to Fast-Growing Internet Server Manufacturer

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 16, 2001--Penguin Computing Inc., a San Francisco, Calif.-based provider of reliable Linux systems for Internet serving, announced today that it has appointed Martin D. (Marty) Seyer as its president and chief executive officer.

Seyer succeeds Samuel Ockman, founder and former president and chief executive, who will continue to serve the company as its chairman and chief technology officer. Seyer will also join the Penguin Computing board of directors.

Seyer brings to Penguin Computing over 22 years of broad experience in sales, marketing, technology and operational excellence at NCR, Dell Computers, Tandem Computer and AT&T, and a track record of successfully growing businesses.

While serving as a vice president and a general manager for its High Availability eCommerce Division for the past three years at NCR, Seyer led its eBusiness Division where he was responsible for its 800% year over year revenue growth, moving it into a leadership position in the CRM and Online Business Analysis market segments.

Previously at NCR, Seyer transformed its Entry Level Computing Division -- which included PCs and Intel-based servers -- by focusing on specific market segments and applying operational excellence.

Prior to his six-year tenure at NCR, Seyer held senior product marketing management positions with Dell Computer, where he is credited for launching the PowerEdge(TM) server product and brand and speeding Dell's entry into the server market which resulted in a growth rate of 400%.

Ockman, the founder of Penguin Computing and former president and CEO, has been appointed to the role of chairman and chief technology officer. As CTO, Ockman brings a deep understanding of the Linux operating system and other Open Source initiatives to Penguin Computing's product development efforts. As chairman of Penguin Computing's board of directors, Ockman will continue to contribute to the company's long-term vision and strategy.

"Having established its credentials as a Linux server provider, Penguin Computing has the opportunity to capture a substantial piece of the growing Internet infrastructure market," said Seyer. "By focusing on customer loyalty, investing in product performance and reliability, and driving operational excellence, we'll continue to grow the business -- one delighted customer at a time."

"Attracting a proven chief executive like Marty Seyer is a strong indication that Penguin Computing is poised to take on a leadership role in reliable Internet infrastructure solutions. Penguin Computing has recruited a strong CEO capable of driving strategy and vision," said Ockman. "He brings the necessary leadership experience to make Penguin Computing one of the world's great server companies."

Seyer has a BS degree in Administrative Management from Southeast Missouri State University and has completed graduate-level coursework at M.I.T. and Dartmouth. Seyer is a frequent speaker and panelist at industry events and has previously served on advisory boards for companies involved with Web audits, analysis and VOIP, and has authored several technical books on UNIX systems, computer interfacing, basics and networking. He holds a patent in marketing and advertising specialties and has developed several computer interfacing applications.

About Penguin Computing

Penguin Computing Inc. (http://www.penguincomputing.com) is the leading provider of reliable Linux systems for the Internet infrastructure market (includes Internet servers and enterprise-class servers). Founded in 1998 by Open Source advocate and active Linux community member Sam Ockman, Penguin Computing is based in San Francisco, Calif. and is privately held.

IDC predicts that the market for Linux servers will reach $5.7 billion by 2003, propelled by companies seeking both high reliability and cost effectiveness. Penguin Computing pursues this emerging market by providing Linux-powered servers to companies building Internet infrastructure.

Linux is a trademark of Linus Torvalds. PowerEdge is a trademark of Dell Computer Corp. All other trademarks and trade names are property of their respective owners.