Calxeda Continues Building Top Tier Executive Team, Adds Ross Goolsby as CFO

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ARM Server Company Continues Momentum and Industry Interest; Veteran CFO Will Focus on Calxeda Financial Operations

Calxeda, the company changing the data center and server market with high performance, low power semiconductors, today announced the addition of Ross Goolsby as its CFO. Goolsby, who will join the Company in early June, is a seasoned chief financial officer, with experience at companies relevant to Calxeda’s focus. He rounds out a stellar executive team who joined Calxeda from such brands as Intel, Marvell, IBM, HP, Freescale, SigmaTel, and Polycom. Together, these executives and the whole Calxeda team are moving forward aggressively to bring unique ARM-based chips to market.

Ross Goolsby comes well equipped for the opportunities that Calxeda will address, having most recently held the CFO position at Valence Technology Inc., delivering energy efficient batteries to power large devices, such as electric vehicles. Previously, Goolsby was CFO at SigmaTel, and led the Initial Public Offering for the semiconductor company.

Goolsby has over 20 years of diverse experience in finance, accounting, information technology, and human resources. In addition to Valence and SigmaTel, he was also the CFO at HealthTronics, Inc. and Utiliserve, Inc.

“I’ve known and respected Ross for years, as have many on our team during time together at SigmaTel,” said Calxeda CEO Barry Evans. “He’s just the man we need at this critical next phase of our company, where we move from early funding and product development to solution delivery, partner relationship development, and customer engagements.”

The industry continues to watch and recognize Calxeda, anxious to put its chips into play in servers and data centers. Calxeda was honored by MIT’s Technology Review as one of the 50 most innovative companies in the world in late 2010. In April, Calxeda was named a Big Idea Company by GigaOm, one of 10 such companies to present on stage at Green:Net 2011. Most recently, Calxeda was recognized by GigaOM as one of the 50 most influential companies in Cloud Computing.

Earlier this year, Calxeda unveiled significant server plans, including a commitment to 10X, or higher, performance/Watt performance advantage. Calxeda revealed that the first reference designs for OEM partners and select end user and developer customers will be based on ARM Cortex A9 quad-core SOC design. Calxeda-based servers would consume only 5 watts, compared to over 100 watts for most of today’s servers.

About Calxeda
Founded in January 2008, Calxeda brings unseen performance density to the data center on a very attractive power foot print by leveraging ultra-low power processors as used on mobile phones as a foundation for its revolutionary technology. Calxeda will make it possible for data center managers to increase the density of their computer resources while significantly reducing the need for power, space and cooling. At the same time, Calxeda technology will contribute to the reduction of the CO2 footprint of the data center in a significant way. Calxeda is funded by a unique syndicate comprising industry leading venture capital firms and semiconductor innovators, including ARM, Advanced Technology Investment Company (ATIC), Battery Ventures, Flybridge Capital Partners and Highland Capital Partners. See http://www.calxeda.com for more information.

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Laura Beck
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