Market Overview

Hazelcast Appoints Kelly Herrell as CEO


Enterprise Growth and Open Source Momentum Attracts Silicon Valley

the leading in-memory data management company with millions of
productive clusters and over 60 million server starts per month, today
announced that Kelly Herrell has joined as its new Chief Executive

With 135% year-over-year growth, Hazelcast is strengthening its
leadership team for future scale on a global level. Herrell succeeds
Greg Luck who remains as Hazelcast's Chief Technology Officer and member
of the board.

Herrell has helped build four successful Silicon Valley companies over
the past 20 years. He has substantial technology experience and a track
record of category leadership through fostering of community, customer
engagement and partner ecosystems. Most recently Herrell served as
Senior Vice President and General Manager of Brocade Communications, the
result of its acquisition of Vyatta where he was Chief Executive Officer.

"Hazelcast is deeply relevant to the new IT architectures driving
digital transformation for the world's largest companies," said Herrell.
"Our products deliver uniquely exceptional performance and scale for the
remarkable new applications that our customers are building. With the
collaboration of our massive community, we will continue to win and grow
with world-class customers."

Hazelcast's customer base includes four of the world's 10 largest banks,
32 of the Fortune Global 500, and its technology is deployed at every
major credit card company, six of the world's largest e-commerce
companies, and four of the world's twenty largest telecommunications

"I am delighted to welcome Kelly Herrell to Hazelcast," said Greg Luck.
"Kelly brings a wealth of experience and a track record as a leader who
can scale our business into the future."

About Hazelcast, Inc.

Headquartered in Palo Alto, California, Hazelcast is the leading
in-memory 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.

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

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