SAN MATEO, Calif., — April 28, 2004 — Keynote Systems (Nasdaq “KEYN”) today announced the addition of two new members to the company’s board of directors – Raymond L. Ocampo Jr., retired senior vice president, general counsel and secretary of Oracle Corporation and Jennifer Bolt, senior vice president and chief information officer of Franklin Resources, Inc.
Mr. Ocampo was elected to Keynote’s board at the company’s annual stockholder meeting held on March 25. The board appointed Ms. Bolt on April 16.
“The addition of Ray and Jennifer reflects our commitment to further strengthening and diversifying the Keynote board,” said Umang Gupta, chairman and CEO of Keynote. “Ray is well known in the industry and brings to Keynote tremendous experience in issues related to corporate governance and overall best practices in business. Jennifer is a senior technology executive of Franklin Resources, Inc., the fourth-largest investment management firm in the U.S., and is intimately familiar with the issues and challenges faced by corporate CIOs, and also with the needs of financial investors. Ray and Jennifer bring a depth of real world knowledge about how best we can serve our customers and our investors. I am very pleased to have both these individuals serve on the Keynote board.”
“In 1997, I became an early investor in Keynote” said Mr. Ocampo, “because I believed that the company was filling an important need in the expanding Web-based economy via performance benchmarking, a service that improved the consumer experience. I am now pleased to join the board of a company whose expanded mission includes Total Performance Management services that facilitate corporate IT operations, enhance consumer experience on the Web and, ultimately, benefit society and the economy.”
“As the CIO of a leading investment management firm that is part of the broader and extremely competitive financial services industry, I understand and appreciate the areas in which e-business technology can create competitive advantage,” said Ms. Bolt. “I am very pleased and excited to join the board of Keynote, a unique company with innovative technologies and services that truly help to improve the quality and effectiveness of e-business worldwide.”
In addition to Mr. Gupta and the two new additions, Keynote’s seven-person board includes David Cowan, managing general partner, Bessemer Venture Partners; Mohan Gyani, retired president and chief executive officer, AT&T Wireless Mobility Services; Geoff Penney, executive vice president and chief information officer, Charles Schwab Corporation (NYSE “SCH”); and Dr. Deborah Rieman, retired president and chief executive officer, Check Point Software and currently with U.S. Venture Partners.
Background on Raymond L. Ocampo Jr.
Mr.
Ocampo is a consultant, private investor and president and CEO of
Samurai Surfer LLC. In November 1996, Mr. Ocampo retired from Oracle
Corporation, where he served in various senior and executive
positions since 1986, most recently as Senior Vice President,
General Counsel and Secretary since September 1990. In addition to
serving on Keynote’s board, Mr. Ocampo is a member of the boards of
directors of Intraware, Inc., CytoGenix, Inc., PMI Group, Inc. and
VitalSteam Holdings, Inc. Since January 2000, Mr. Ocampo has also
served as a member of the board of directors of the Berkeley Center
for Law & Technology, which he co-founded in 1997. Mr. Ocampo
holds a J.D. degree from Boalt Hall School of Law at the University
of California at Berkeley and an A.B. degree in Political Science
from UCLA.
Background on Jennifer Bolt
Ms. Bolt is
senior vice president and chief information officer of Franklin
Resources, Inc. (NYSE “BEN”). She also serves as chairman of
Franklin Templeton Bank & Trust and Franklin Capital Corporation
and is a member of Franklin Resources, Inc.'s Executive Committee.
Ms. Bolt launched Franklin Capital Corporation, Franklin's consumer
lending division, where she served as president from 1993 to
1999.
Ms. Bolt was named "E-commerce Executive of the Year" in 2002 by Institutional Investor’s mutual fund newsletter, Fund Action. She is a graduate of the American Banker’s Association’s Stonier Graduate School of Banking and received a Bachelor of Arts degree in economics and physical education from the University of California at Davis.
About Keynote
Founded in 1995, Keynote
Systems (Nasdaq “KEYN”), The Internet Performance Authority®, is the
worldwide leader in Web performance measurement and management
services that improve the quality of e-business. Keynote’s services
enable corporate enterprises to monitor, benchmark, test, diagnose
and optimize their e-business systems both inside and outside the
firewall. Over 2,100 corporate IT departments and 19,625 individual
subscribers rely on the company's easy-to-use and cost-effective
services to increase revenues and reduce downtime costs, without
requiring additional complex and costly software
implementations.
Keynote is viewed as The Internet Performance Authority due to the company’s global infrastructure of over 1,600 measurement computers in more than 50 cities worldwide that capture and store on a daily basis over 40 million Internet performance measurements, frequent media citations quoting Keynote's Web performance data and analysis and the company’s growing range of market-leading Web performance indices for vertical markets (http://www.keynote.com/solutions/solutions_pi_index.html).
Keynote Systems, Inc. is headquartered in San Mateo, California and can be reached at http://www.keynote.com/ or by phone in the U.S. at 650-403-2400.
Keynote and The Internet Performance Authority are registered trademarks of Keynote Systems, Inc. Other trademarks are the property of their respective owners. © 2004 Keynote Systems, Inc.
Public Relations
Contact:
Dan Berkowitz, Keynote
Systems, Inc., (650) 403-3305, dberkowitz@keynote.com
