MOUNTAIN VIEW, CALIF., September 26, 2005 - Network Physics, the leader in network application infrastructure integrity, today announced the appointment of Kenny Frerichs as president and CEO. Frerichs most recently served as president and COO at ForeScout Technologies, Inc., a privately held, enterprise worm containment and prevention company.
"We're impressed by Kenny's track record of bringing private companies such as Network Alchemy and TGV Software into a high-growth phase, as well as his knowledge of how to successfully expand a company in the enterprise space," noted Bill Russell, chairman of the board of directors at Network Physics. "Network Physics has capitalized on its strengths: building strong relationships with core technology and channel partners, applying scientific expertise to practical technology that provides comprehensive views into network performance activity, and attracting a terrific group of employees and advisory executives. Now, with Kenny's vision and leadership, we're looking to build on this position of strength and momentum."
Prior to his tenure at ForeScout, Frerichs was vice-president of Business Development for Nokia Internet Communications, where he helped the company expand into emerging markets and technologies. He also headed Nokia's VPN Products Group as general manager. Frerichs originally joined Nokia as a result of Nokia's acquisition of Network Alchemy for $400 million in 2000. He was the president and CEO of Network Alchemy. From 2001-2003, he served on the board of directors of F5 Networks, Inc.
Frerichs also held senior-level management positions at Wallop Software, Inc., Oracle Corporation, Cisco Systems, Inc. and TGV Software, Inc., which was acquired by Cisco Systems, Inc. for $115 million in 1996. Frerichs began his career at XEROX Corporation after receiving a bachelor of science degree from Texas A&M University-Commerce.
Frerichs replaces David Jones, who led Network Physics through three rounds of funding for a total of $27 million from esteemed venture capital groups including Trinity Ventures, Palomar Ventures, Sofinnova Ventures, SunAmerica Ventures, Lucent Venture Partners and Intel Venture Capital. Jones left the company recently to pursue new business opportunities.
About Network Physics
The Network Physics award-winning NetSensory appliances monitor the performance, integrity, and security of the applications infrastructure. The company's patented technology applies proven techniques from high-energy physics to assure the delivery of business-critical networked applications and services, and gives the IT staff unprecedented visibility into applications and services to better align IT operations with business priorities. This enables users to dramatically reduce the time and cost of new application and service delivery, improve service quality and uptime, align IT operations with business priorities, and reduce operating costs by finding and fixing problems faster. Network Physics was founded in March 1999, and its products are currently deployed at a wide range of medium size and Global 2000 corporations. For more information, please visit the company's web site at www.networkphysics.com.
NOTE to Editors: A JPEG photo of Kenny Frerichs is available upon request.
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