PALO ALTO, Calif., Sept. 6 /PRNewswire/ -- Kx Systems, leader in
high-performance databases and timeseries analysis, today announced that
Janet Lustgarten, Chairman and former CEO, has been appointed to the role
of President. Ms. Lustgarten, who will remain in the Palo Alto company
headquarters, will lead the strategic direction of Kx, focusing on sales
and customer relations.
The role of President was created to manage Kx through its next growth
phase as the company's kdb+ database becomes increasingly deployed across
the enterprise. Ms. Lustgarten, a co-founder of the company, said, "Use of
the kdb+ platform is increasing in applications for financial services as
well as other industries. We're in a high-growth time, and I am excited to
be a part of this next phase."
Under Ms. Lustgarten's tenure as CEO, Kx became a leader in high-
performance data collection and analysis on 64-bit platforms. As President,
her daily involvement with customers and management of worldwide sales will
continue.
Arthur Whitney, Kx co-founder and CEO, said, "We are fortunate that Kx
once again has the hands-on benefit of Janet's leadership, talent and
dedication."
About Kx
Kx Systems provides a unified approach to streaming, realtime and
historical data. The kdb+ relational database enables leading financial
services companies to capture, analyze and store vast amounts of data in
seconds or less. Kx products close the gap between what ordinary databases
deliver and what today's realtime enterprises need. For more information
visit http://kx.com .
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