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ParAccel Appoints Dave Kloc as VP of International Operations

Tuesday, January 18, 2011

ParAccel, Inc provider of the world’s fastest analytic database, today announced that Dave Kloc has been appointed vice president of international operations. Kloc has more than 20 years of experience in sales and channels management in the data warehousing market and is now responsible for ParAccel’s international business operations.

“International demand for ParAccel Analytic Database is ramping up and we carefully searched for an executive with a successful track record of business strategy, planning and execution. Dave’s vast expertise in our space, as well as deep international experience, makes him a valuable asset and significant addition to the ParAccel team,” said Chuck Berger, chairman and chief executive officer at ParAccel. “Following the recent appointment of Paul Zolfaghari as ParAccel COO, we’re anticipating a year of tremendous growth with these two senior sales executives. As this market develops, both domestically and around the world, ParAccel enables customers, in a variety of industries, to solve their toughest analytics problems.”

Kloc brings to ParAccel substantial experience in the data warehousing and analytics market. Most recently he was at Aster Data where he was responsible for their Worldwide Channels and Partners programs. Prior to Aster Data, Kloc launched Netezza’s European business and, as VP EMEA Operations, grew the business to $20M in annual revenue and 35 customers. Kloc spent eight years at Netezza where he served in a variety of positions.

“The business intelligence and advanced analytics market is growing exponentially, both in the United States and internationally. ParAccel is a driving force in the industry, and I am excited to join the team to drive international expansion,” said Kloc. “Customers across the globe are increasingly demanding higher performance solutions and predictive analytic capabilities in order to retain a competitive edge. ParAccel delivers on these demands and is a frontrunner in this space, ultimately changing the way their customers do business.”

About ParAccel

ParAccel is the developer of ParAccel Analytic Database (PADB), the world’s fastest, most cost-effective platform for empowering analytics-driven businesses. ParAccel enables organizations to tackle the most complex analytic challenges and glean ultra-fast deep insights from vast volumes of data. Data-driven businesses in financial services, retail, health care, government and more are taking advantage of ParAccel to tackle critical, time-sensitive questions outside the scope of conventional data warehouses and existing analytic tools.

PADB is a columnar-based, massively parallel processing (MPP) software only analytic database. Designed for businesses seeking data insight at the speed of now without costly investment in proprietary hardware solutions, ParAccel delivers the industry’s highest performance against complex SQL workloads and the most challenging analytic queries. True schema-neutral, load-and-go analysis and unmatched price-performance means an accelerated speed to information and ROI.

For more information please contact us at info@paraccel.com or 866-903-0335, or visit us at http://www.paraccel.com.

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