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Press Release

Hazelcast Appoints New Chief Financial Officer

Marion Smith III to scale global operations and accelerate company growth

Palo Alto, Calif., December 4, 2018 Hazelcast, the leading in-memory data management company with millions of productive systems around the world, today announced that Marion Smith III has joined as its new Chief Financial Officer.

Reporting directly to Hazelcast CEO Kelly Herrell, Smith is responsible for scaling Hazelcast’s strategic operations worldwide. As the company builds upon its rapid annual growth driven by the Digital Transformation strategies of the world’s largest customers, Smith will play a critical role in the expansion required to accelerate Hazelcast’s accelerated penetration of the Global 2000.

“Marion joins at an exciting time and with an immense opportunity in front of us,” Herrell said. “His superb track record of molding and scaling emerging companies will be pivotal in ensuring Hazelcast continues to deliver an exceptional experience for our customers worldwide.”

Smith most recently served as Vice President and General Manager of the virtual application delivery controller (vADC) business unit at Pulse Secure, which was acquired from Brocade Communications. He joined Brocade by way its acquisition of Vyatta where he was VP of global operations and business development. In total, Smith has held key leadership positions at seven startups, which resulted in several M&A exits and an IPO.

“No matter the stage of a customer’s digital transformation journey, in-memory computing will help them manage the speed and scale necessary to support the real-time requirements of today’s world,” Smith said. “Hazelcast is already an established market leader, but I’m truly excited at its growth potential due to the convergence of cloud and multi-cloud.”

Hazelcast’s customers include four of the world’s 10 largest banks and 32 of the Fortune Global 500; its technology is deployed at every major credit card company, six of the world’s largest e-commerce companies and four of the largest telecommunications companies.

About Hazelcast, Inc.

Headquartered in Silicon Valley’s Palo Alto, Hazelcast is the leading operational data management company which addresses the growing demand for enhanced application performance, data processing speed and scalability.

Hazelcast has two products: Hazelcast IMDG, an operational, in-memory computing platform which enables enterprises to manage their data and distribute processing using in-memory storage and parallel execution to achieve breakthrough application speed and scale; and Hazelcast Jet, the ultra fast, application embeddable, Stream and Batch Processing Engine.

Hazelcast is relied upon by 32 of the Fortune Global 500 including four of the world’s ten largest banks, six of the world’s twenty largest e-commerce companies, and four of the world’s twenty largest telecommunications companies.

For more information, visit hazelcast.com or follow us on Twitter @Hazelcast.

Hazelcast.com

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