Date: Mon, 22 Jan 2001 10:16:53 -0800
To: lwn@lwn.net
From: Tom Geller <tom@bandwidthpr.com>
Subject: PRESS RELEASE> New CFO joins new CEO, CTO at Penguin Computing

-FOR IMMEDIATE RELEASE-

Penguin Computing Appoints John Page as Chief Financial Officer

Fast-Growing Linux Server Vendor Attracts Seasoned Financial
Professional from Agilent, Hewlett-Packard

San Francisco, Calif. -- Jan. 22, 2001 --Penguin Computing Inc., a San
Francisco, Calif.-based provider of reliable Linux systems for
Internet serving, today announced that John P. Page has joined the
company as chief financial officer. Page, a veteran of Agilent
Technologies Inc. (NYSE: A) and Hewlett-Packard Co. (NYSE: HWP),
brings to Penguin Computing more than a decade of financial management
of fast-growing high-tech operations. Page's hiring follows closely on
the announcement last week of the appointment of Marty Seyer, a
veteran of high-level positions at NCR (NYSE: NCR) and Dell Computers
(Nasdaq: DELL), as the company's president and CEO.

Page, as the company's first chief financial officer, will be
responsible for all aspects of the company's financial affairs and
information technology.  These responsibilities include building the
corporate infrastructure to effectively manage Penguin Computing's
continued rapid growth, and managing relationships with investors and
the financial community.

"The hiring of a seasoned financial professional like John is crucial
to Penguin Computing's strategy of combining operational excellence
with a relentless focus on achieving and sustaining high levels of
customer satisfaction," said Marty Seyer, president and CEO of Penguin
Computing. "His experience with the planning and implementation of
financial control and reporting systems at top-notch organizations
will help Penguin Computing maintain its rigorous fiscal discipline
while we rapidly grow this company."

Before joining Penguin Computing, Page was the controller of Agilent
Technologies' Imaging Electronics Division. The division developed
leading-edge technology utilized by such companies as Apple Computer
Inc., Hewlett-Packard, Logitech International, and Microsoft to
image-enable their products. Page shared responsibility with other key
managers for creating the new division and growing it by 1,200% over
18 months into one of Agilent's largest divisions through strategic
alliances, acquisition, and operational growth.

Page previously spent 12 years at Hewlett-Packard, where he was
controller of one of HP's largest semiconductor divisions. In that
position, Page led the financial strategy, structure and execution of
the spin-off of Lumileds Co., a joint venture with Royal Philips
Electronics N.V.  Before that, he directed the West Coast operations
of HP's World Wide Financial Services Organization, where he was
responsible for completely overhauling systems and process.

Page holds an M.B.A. in finance and corporate accounting from the
Simon School of Business at the University of Rochester and a B.A. in
economics from the University of Rochester.

About Penguin Computing

Penguin Computing Inc. (http://www.penguincomputing.com) is the
leading provider of reliable Linux systems for Internet serving.
Founded in 1998 by Open Source advocate and active Linux community
member Sam Ockman, Penguin Computing is based in San Francisco, Calif.
(USA) and is privately held.

Linux, an Open Source version of UNIX, is increasingly popular as an
operating system for server computers. Industry research analysts have
predicted that the market for Linux servers will reach $5.7 billion by
2003.

# # #


(c) Penguin Computing Inc. 2001. All rights reserved. Penguin
Computing is a registered trademark of Penguin Computing Inc.  Linux
is a registered trademark of Linus Torvalds. All other trademarks are
the property of their respective holders.


Editorial Contacts:

Kassandra Perry
Penguin Computing Inc.
415-358-2634
kperry@penguincomputing.com


---end---
-- 

Tom Geller, President, Bandwidth P.R. * tom@bandwidthpr.com
  Public relations for customer-focused high-tech companies
   Tel: 877-767-5468 or 415-552-2557 * www.bandwidthpr.com
        Part of the Geller Communications, Inc. family