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News Release ON Technology Appoints Abraham N. Ayat as Vice President, Americas Field Operations Experienced Executive to Drive Waltham, MA, July 10, 2001 – ON Technology Corporation (Nasdaq NM: ONTC), a leading provider of remote software and content management solutions, announced today that Abraham N. Ayat, age 38, has been appointed to the newly created executive position of Vice President, Americas Field Operations, effective immediately. Mr. Ayat brings over fifteen years of hands-on management experience in software sales, services and support. Reporting to Robert L. Doretti, Chairman, President and CEO of ON Technology, Mr. Ayat will be responsible for the Americas’ sales, customer support, professional services and field marketing functions. “We are very pleased to have Abe on board,” said Robert L. Doretti. “Abe has a proven track record in our space and we look to him to accelerate the Americas growth of ON Technology.” Until recently, Mr. Ayat served
as Vice President of North American Field Service and
Sales Support with Novadigm, Inc. (Nasdaq NM: NVDM),
where he established the North American Sales Support
Organization and grew professional services revenue
to record levels. Prior to his six-year tenure at Novadigm,
Mr. Ayat held key sales and sales support management
positions at OpenVision Technologies, Inc. “My responsibility is to expand ON’s growth in software products and services, as we continue our clear superior leadership by providing complete enterprise software management solutions,” said Mr. Ayat. He continued, “Our customers can be confident in selecting the best of breed software and solutions from our suite of products that manage not just mission critical applications and content, but also operating systems.” Mr. Ayat holds a Bachelor of Science in Computer Science from the University of San Francisco. He is married and has two children. About ON Technology Corporation ###
ON Technology, ON Command, and ON Command CCM are registered trademarks, and the ON logo and ON iCommand are trademarks of ON Technology Corporation. Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and other countries. All other brand names and trademarks are properties of their respective owners. The statements in this press release that relate to ON Technology’s future plans, events and performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, including the current weakness in the global economy, demand for the Company’s products and services, performance of the Company’s direct and indirect distribution channels, competitive pressures, market acceptance of the Company’s new products and technologies, and the risk factors detailed from time to time in ON Technology’s periodic reports filed with the Securities and Exchange Commission, including without limitation the Company’s Quarterly Report on Form 10-Q for the third quarter of 2003 filed in November 2003. Actual results and performance may differ materially due to these and other factors. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. ON Technology undertakes no obligation to release publicly any updates or revisions to any forward-looking statements contained in this press release that may reflect events or circumstances occurring after the date of this press release.
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