Romonet Appoints Mike Fister as Board Member

LONDON and SAN FRANCISCO, October 4, 2011 -

Romonet, a leading provider of data center predictive modelling tools has appointed Michael (Mike) J. Fister as a non-executive director and board member. His appointment is effective immediately.

Fister, who also serves as Chief Executive Officer and board member of Enecsys, brings over 30 years of executive management experience in leading technology companies, including five years leading Cadence Design Systems Inc where he was responsible for growing the company from $1.1Bn to $1.6Bn in annual revenue whilst substantially improving profitability. Prior to that, he spent over twenty years at Intel Corporation where he served as senior vice president of the Enterprise Platforms Group delivering billions of dollars of revenues and high margin profitability to Intel. Fister was also responsible for overseeing the design and development of many of the most successful microprocessor lines at Intel, most notably the now industry standard Intel® Xeon™ processor line. Fister is also a member of the board of directors at SynapSense Corporation since 2006.

“We are delighted that Mike has joined the board of Romonet; he brings incredible industry vision and understanding of how to create and grow great products,” commented Rick Skett, Executive Chairman at Romonet. “Mike brings the skills, the knowledge and passion to transform our ground-breaking technology business into a world renowned, industry leading software company.”

“I am honored to join the board of Romonet and assist the board in achieving its strategic business goals,” said Fister. “Romonet’s world leading and unique approach to understanding the true cost of IT and managing risk will revolutionise IT accountability and business efficiency.  I am thrilled at the opportunity to play a role in their global growth plans.”

About Romonet Ltd

Romonet provides the predictive modelling tools, and consultancy which businesses need to accurately predict, account and manage cost within their cloud or data centre environment. Romonet’s management team has a heritage in the IT services industry and understands the challenges people at all levels face. The company announced its first commercial products, the Prognose™ software suite in 2010. For more information, visit www.romonet.com.

Romonet, Prognose, the four circles logo mark and the Prognose dial mark, are trademarks of Romonet Ltd. Other brands and trademarks are acknowledged. Patents Pending. Copyright  Romonet 2011. All rights reserved.

Media Contact: Kristen Leon, BondPR Worldwide, T: +1-415-848-2626, E: kristen at bondprus.com