SmartBear Software Gears Up for 2012 with new Chief Financial Officer

Former EqualLogic and Enterasys Networks Executive Richard Haak Joins SmartBear

BEVERLY, Mass.--(EON: Enhanced Online News)--SmartBear Software announced today the appointment of 25-year industry veteran Richard “Rip” Haak as chief financial officer to support SmartBear’s tremendous revenue and customer growth. Haak comes to SmartBear with a highly successful record in senior financial leadership positions in publicly traded and privately held organizations, managing financial, legal and human resource functions for technology firms.

Joe Krivickas, CEO for SmartBear Software, said, “The addition of Rip to SmartBear’s executive team comes in the midst of a very successful year marked by two acquisitions, triple digit revenue growth and increasing profitability. Rip’s stellar financial, accounting and management track record across high-growth public and private companies will be a great asset to help further accelerate our profitable revenue growth and market traction. We’re excited to welcome him into the SmartBear family.”

Throughout his career, Haak has built high-performance financial and administrative support teams while creating value-added partnerships with operating management. He served as chief financial officer for several organizations, including Enterasys Networks, Inc., a NYSE-listed, $350 million enterprise network infrastructure provider, and EqualLogic, Inc., a $130 million provider of storage area networks designed for mid-size enterprises. Haak led EqualLogic through an IPO filing process, and ultimately an acquisition by Dell for $1.375 billion.

About SmartBear Software

SmartBear Software provides tools for over 100,000 software professionals to build, test, and monitor some of the best software applications and websites anywhere – on the desktop, mobile and in the cloud. Our users can be found across 90 countries, in small businesses, Fortune 100 companies, and government agencies. Learn more about the SmartBear Quality Anywhere Platform, our award-winning tools, or join our active user community at www.smartbear.com, on Facebook, or follow us on Twitter @smartbear.