Host Analytics Expands Executive Team and Office Space to Accommodate Growth

Adds CPM, SaaS Industry Experts, Finance Application Veterans, and 'Room to Grow' in Expanded Silicon Valley Headquarters


REDWOOD CITY, CA--(Marketwire - June 8, 2010) -  Host Analytics, the leading provider of on-demand corporate performance management (CPM) solutions, today announced corporate expansion to accommodate significant growth. Technology veterans joining the Host Analytics team include John Perkins as vice president of sales and Chris Wheeler as director of channels and alliances. In addition, the company has expanded into new headquarters in Redwood City.

As the new vice president of sales, John Perkins brings over 20 years experience in the technology industry. Most recently he served as vice president of sales at Proofpoint, where he created a Software-as-a-Service (SaaS) selling strategy and managed sales and distribution channels, driving record growth for the company. Prior to that, John drove sales at several SaaS companies including QuickArrow (acquired by NetSuite) and Portera Systems.

Chris Wheeler joins Host Analytics as director of channels and alliances, after serving as a consultant for the company for several years. He brings more than a decade of direct domain experience in performance management and business intelligence (BI). Most recently, Chris served as vice president of partnerships for a Silicon Valley start-up focused on outsourced accounting and finance solutions. Chris also held consulting and professional services and management roles within Hyperion Solutions, as well as Geac (acquired by Infor).

To facilitate overall organizational growth, Host Analytics recently moved headquarters to 900 Island Drive in Redwood City. The new office space is three times larger than the previous headquarters, and boasts new state-of-the-art training facilities to accommodate upcoming products to be released in 2010.

"Consistent growth across our user base and partner ecosystem will drive the expansion of the company in our new world headquarters," said Jon Kondo, CEO at Host Analytics. "With the addition of John and Chris to our team, Host Analytics continues to attract world class talent and leadership from across the performance management and cloud industries, which is ultimately reflected in the products and consulting services we deliver to customers."

Enterprises worldwide currently use Host Analytics to support operational decision making with financial information. It is the only company to offer a comprehensive suite of multi-tenant SaaS financial performance solutions, and was named to the 2010 AlwaysOn OnDemand Top 100, which identifies companies with game-changing approaches, and technologies that are likely to disrupt existing markets and entrenched players. Additionally, the company has been recognized by leading analyst reports including the 2010 Gartner Research Magic Quadrant for Corporate Performance Management Suites, and named a "strong performer" by Forrester Research in its Forrester Wave report on Business Performance Solutions.

About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first on-demand corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including JP Morgan Chase, Procter & Gamble, Otis Spunkmeyer, Pitney Bowes and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100.

For additional information, visit http://www.hostanalytics.com/ or join the conversation at www.twitter.com/hostanalytics.

Contact Information:

Contact Information:
Tami Casey
Kulesa Faul for Host Analytics
(650) 340-1984

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