Coradiant Elects Miramar Ventures' Rick Fink
to Board of Directors
SAN DIEGO, Oct. 10, 2005 -- Coradiant, Inc.™, a leader in real-user monitoring equipment for data center applications, today announced that Rick Fink, a co-founding partner with Miramar Venture Partners, has been appointed to the company's board of directors. Fink's appointment is effective immediately, bringing Coradiant's board membership to six directors.
"Rick brings impressive background to Coradiant, and has worked with emerging companies in all areas of technology," said Brett Helm, Coradiant chairman and chief executive officer. "We welcome Rick's deep experience with new and dynamic markets as we continue to drive the rapidly growing real-user monitoring product category."
Fink co-founded Miramar in 2001 to focus on investments in early-stage information technology companies in Southern California. Coradiant is the firm's 12th investment. Prior to Miramar, Fink practiced corporate law for over 20 years with a major national law firm where he advised hundreds of emerging companies on both business and transactional matters. In addition to Coradiant, Fink currently serves on the boards of Tarari, Inc. and CaseRev, Inc., each of which is also based in San Diego.
"Coradiant is an exciting company in an exciting new category and I'm pleased to be joining its board," Fink said. "The company is targeting a lucrative market segment with a critical need for what it offers. Business use of the Internet is creating a critical dependence on being able to continuously monitor and troubleshoot website performance and usability. Coradiant is the leading company in this market and has an outstanding team. I'm looking forward to supporting them in whatever way I can."
About Coradiant
Coradiant's unique, user-centric approach to datacenter performance monitoring quickly delivers accurate operational information in business-relevant formats. The company's award winning technology gives IT operations and network managers a real-time understanding of the user's Web experience without the complexity, cost and risk of traditional performance management approaches. For more information please see www.coradiant.com.
About Miramar Venture Partners
Miramar Venture Partners invests in early-stage information technology companies, primarily in Southern California. Miramar's team is highly experienced at working with emerging companies and it applies that experience as well financial resources to support entrepreneurs and their teams in building and growing their companies. More information about Miramar can be found at www.miramarvp.com
Editorial Contacts
Tony Tissot
Coradiant
408-569-5942
tony.tissot@coradiant.com
Chandra Hosek
NetQoS Inc.
512-334-3713
chandra.hosek@netqos.com
