Xcedex Announces Promotion of Chris Taylor to President and CEO

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Chris Taylor promoted to President and CEO of Xcedex Corporation

The Xcedex Corporation, a global leader in the delivery of virtualization solutions and services, today announced the promotion of Chris Taylor to the position of President and CEO. Mr. Taylor joined Xcedex in June, 2008 as the firm's Executive Vice President of Sales and Marketing. Since then, his contributions have had a significant impact on the Xcedex business, its subsequent repositioning to take advantage of the rapidly expanding virtualization solutions market and its build out of both the Xcedex direct and channel organizations.

Mr. Taylor brings 16 years of experience to Xcedex with demonstrated leadership capabilities in both start-up and publicly-held corporations. He has a strong track record of positioning companies as market leaders, creating new market segments and driving innovative and effective direct and channel go-to-market sales strategies. As Executive Vice President of Sales and Marketing, he expanded the firms customer base to over 1,000 accounts worldwide and its development of business alliance relationships with OEMs such as EMC, Microsoft, NetApp, Dell and Xiotech, regional and national value-added resellers and global systems integrators.

Prior to his positions with Xcedex, Taylor led the Professional Services and Solutions Group for Minnesota-based Evolving Solutions, an IT solutions company recognized as a Finance and Commerce Magazine's "Innovator of the Year" company, CRN Magazine Fast Growth 100 and Minneapolis / St. Paul Journal "Fast Growth 50" company. Before joining Evolving Solutions, Taylor served as National Director of Solutions Development for the Computer Network Technology Corporation, a market leader in delivering end-to-end storage network software solutions and products globally. Prior to CNT, he held various corporate and field business development and sales leadership positions within both EMC's Professional Services Group and the Microsoft Corporation, where he played a key role in the roll-out of the Microsoft Dynamics™ line of integrated business management solutions.

David Payne, Xcedex founder and Chief Technology Officer states that "I am pleased that Chris Taylor has agreed to step into the role of President and CEO of the Xcedex Corporation. As a result of this move, I am confident that our firm will be better positioned to contribute to the rapidly expanding virtualization solutions and services market."

Taylor will manage the overall performance of the company, including leading achievement of Xcedex long term growth goals, enhancing and continuing to build an effective management team, and establishing and maintaining business relationships with key industry alliance partners.

"I appreciate the confidence that David Payne and the Xcedex organization have expressed in my abilities and consider it a privilege to lead such a talented and capable team of business and technology solution professionals," said Taylor. "In order to continue to execute on the company's growth strategies, I have three objectives and they will be my top priorities as President and CEO. First, Xcedex will continue to leverage its core virtualization solution capabilities and proprietary technologies to deliver new product lines; we will further enhance our firms software and service infrastructure to launch these new products in expanding domestic and global markets; and we will attract, retain and develop talented employees that can contribute to our long-term growth initiatives."

A native of South Carolina, Mr. Taylor received a BA degree from the University of North Carolina and an MBA degree from Trinity College and University. He now resides in the Minneapolis, Minnesota area with his wife and three daughters.

About Xcedex

Xcedex is a world leading provider of virtualization planning software and services that enable organizations of all sizes to accelerate a planned approach and adoption of virtualization solutions. The company was founded in 2002 and its headquarters are in Wayzata, Minnesota. For more information, visit http://www.xcedex.com

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