Neverfail® Appoints Martin Mackay as New CEO

AUSTIN, Texas – September 20, 2012 – Neverfail®, a leading global software company specializing in affordable continuous availability and disaster recovery solutions, today announced the appointment of Martin Mackay as chief executive officer. Mackay is an experienced international software executive with experience across a broad range of companies, including both large global enterprise technology companies and early stage ventures.  His appointment signifies the start of a new phase of growth for Neverfail. The company is poised to capitalize on the significant spike in market demand for disaster recovery and business continuity solutions, driven in large part by the mainstream adoption of cloud computing.

"Neverfail has a robust footing based on a strong existing customer base and a healthy pipeline of product innovation,” said Mackay. “I’ve worked with companies at this inflection point before, and see tremendous opportunity to fuel our growth by capitalizing on the burgeoning market opportunity in front of Neverfail.”

Mackay was previously CEO of Calyx Managed Services, where he took the company from administration to growth and profitability.  Mackay has also held international general management, sales and marketing, and business development leadership positions with VeriSign, NorthgateArinso and PeopleSoft, as well as spent time in the early stage world with the venture capital firm Add Partners.

In his role as CEO of Neverfail, Mackay will build on the foundation set by Peter Parker, former CEO, who has left Neverfail.  Karen Slatford, chairperson of Neverfail, said, "We are delighted to have attracted someone of Martin's experience to Neverfail.  He will bring global leadership and strategy experience to enable us to take advantage of the strong market opportunity before us."  She added, "On behalf of the Board, I should like to thank Peter Parker for his hard work over the last five years.  Peter has established Neverfail as a leading provider of business continuity solutions and we wish him well in his future endeavors."

Simon Clark, managing partner at Fidelity Growth Partners and investor in Neverfail, added, "The Board has great ambition for Neverfail.  We see significant opportunity globally with the new product strategy we are putting in place and are very pleased to have Martin on board to lead the business.

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