SALT LAKE CITY, April 18 /PRNewswire/ -- Linux Networx, The Linux Supercomputing Company, today announced that it has named Robert Neumeister, Jr. as its new executive vice president and chief financial officer (CFO). A proven CFO with extensive experience in the technology industry, Neumeister has achieved repeated success at Fortune 500 companies and technology start-ups both domestically and internationally. Mr. Neumeister's experience includes financial leadership through periods of rapid growth as well as leveraged buyouts and initial public offerings (IPO's). "Linux Networx is in the midst of record growth and is poised to become the next great supercomputing company," said Robert "Bo" Ewald, CEO of Linux Networx. "Bob's demonstrated ability to successfully guide companies through growth phases including incremental investment and public offerings will be key in taking Linux Networx to the next level." Prior to joining Linux Networx Mr. Neumeister was instrumental in managing the leveraged buyout of Dex Media, Inc., from Qwest Communications, as well as the company's $1 billion IPO -- named IPO of the year by Institutional Investor. Mr. Neumeister was previously the founding CFO of Sprint PCS and was responsible for managing the transformation of the company from a start-up to the largest wireless telephone operator in North America. Prior to joining Sprint PCS, Neumeister spent nearly twenty years at Nortel Networks, rising to the position of vice president of finance in 1995. Neumeister's 30-year career in corporate finance also includes leading the finance operations of Prolexis Pharmaceuticals and Aerie Networks. "Linux Networx is the recognized leader in Linux Supercomputing," said Mr. Neumeister. "The company's industry-leading technology and expertise, coupled with its rapid expansion and proven customer track record provides a tremendous foundation for continued market success." About Linux Networx For over a decade Linux Networx has delivered Linux Supercomputers specifically designed to drive new levels of Total Application Throughput for our customers. The company's Linux Supercomputing offerings power unrivaled value in application-tuned price/performance and utilization, overall system reliability, uptime and Total Cost of Operations. The company has delivered over 475 supercomputing clusters to more than 175 supercomputing customers around the world. In 2005, the company achieved record orders, finishing the year with three consecutive quarters of record growth. Our global customer base represents a "who's who" of supercomputing users ranging from Boeing in aerospace; BMW, Daimler Chrysler, Audi, Caterpillar and John Deere in automotive and heavy manufacturing; Total, Schlumberger and Shell Oil in the Oil and Gas industry; and Los Alamos National Laboratories, Sandia National Laboratories and the Department of Defense in the government arena. In 2005 the company was awarded three HPCwire Editor and Reader's Choice Awards -- for Most Innovative Technology in two categories and for Best Price/Performance. For more information about Linux Networx, visit www.linuxnetworx.com.
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