Software AG Appoints Robin Gilthorpe as CEO of Big Data Company Terracotta Inc. Based in San Francisco

    RESTON, VA, September 07, 2012 /24-7PressRelease/ -- Software AG (http://www.softwareag.com) announced that Robin Gilthorpe has been appointed as CEO of Terracotta Inc. its wholly-owned subsidiary based in San Francisco, California. Terracotta's in-memory product portfolio provides more efficient data management, up to 1000x faster than traditional database and storage technologies.

The appointment of Mr. Gilthorpe reflects the growing demand of Terracotta's customers and partners, who are pioneering the Big Data market, to significantly increase application speed while reducing the cost and complexity of managing, searching and accessing business-critical data.

With 20 years of international management experience, Mr. Gilthorpe was most recently Senior Vice President, Americas at TIBCO Software Inc. He was responsible for all customer facing activities including consulting, sales and also had an advisory role in M&A strategy and implementation. Prior to that, he was responsible for Tibco's operations in Europe, the Middle East, Africa, Asia-Pacific, Latin America and its global finance business.

"This is a pivotal time to be joining Terracotta, as the company becomes a major growth driver for the Software AG Group. In-memory and related technologies will be fundamental to deriving real value from Big Data. The combination of the Terracotta platform with Software AG's broader portfolio and over 40 years of experience of managing critical data will open a unique growth opportunity to the Group," said Robin Gilthorpe, CEO Terracotta Inc.

Robin Gilthorpe will also join Software AG's Group Executive Board, emphasizing that the management of Big Data will become a key growth driver for Software AG.

Terracotta license revenue shows very strong growth and is expected to more than double in 2012 versus previous year.

About Software AG
Software AG is the global leader in Business Process Excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods and pioneering Big Data technology with Terracotta.

We offer our customers a variety of end-to-end solutions delivering low Total-Cost-of-Ownership and high ease of use. Our industry-leading brands, ARIS, webMethods, Adabas, Natural, CentraSite, Terracotta and IDS Scheer Consulting, represent a unique portfolio encompassing: process strategy, design, integration and control; SOA-based integration and data management; Big Data management; process-driven SAP implementation; and strategic process consulting and services.

Software AG had revenues of EUR1.1 billion in 2011 and has more than 5,500 employees serving about 10,000 enterprise and public institution customers across 70 countries. Our comprehensive software and services solutions allow companies to continuously achieve their business results faster. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).

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