Host Analytics Names Aravind Balakrishnan Vice President of Engineering

Technology Veteran Brings Leadership and Extensive Experience to SaaS CPM Leader


REDWOOD CITY, CA--(Marketwire - November 22, 2010) - Host Analytics, the leading provider of on-demand corporate performance management (CPM) solutions, today announced Aravind Balakrishnan as the company's vice president of engineering. In this role, Aravind will call upon his experience leading teams and projects and will be responsible for guiding the company's engineering team on technology direction and product architecture.

"With a proven track record of developing and constructing breakthrough products and building success for some of the largest brands in the technology industry, we welcome Aravind to our team knowing he will be instrumental in our continued success," said Jon Kondo, CEO at Host Analytics. "Aravind's background in CPM and SaaS, along with his operations and engineering expertise not only complements our management team, but will help us deliver on our goal of bringing the most innovative CPM solutions to Host Analytics' customers."

Prior to joining Host Analytics, Aravind served as vice president of engineering at Baynote, a personalization and digital marketing optimization solution offered via SaaS and built using open source technologies. While at Baynote, he formed the engineering team and was instrumental in offering content and product recommendations to enterprise and ecommerce customers such as Dell, AT&T, Expedia, BT and NASA. Previously, Aravind was vice president of engineering at Interwoven, where he was responsible for product delivery, provided leadership to the Interwoven offshore team at Bangalore and worked through several acquisitions. Other career experiences include Corio Inc., Oracle and Thru-Put Technologies.

"I'm excited to join Host Analytics and be a part of this high performing, valued company that helps customers use SaaS-based CPM applications to drive fact-based decision making throughout their organizations," Aravind said. "The company has a history of commitment to customer satisfaction and success, and I am eager to be a part of this legacy."

Around 200 enterprises worldwide use Host Analytics to support operational decision making with financial information. Host Analytics is the only company to offer a comprehensive suite of multi-tenant SaaS financial performance solutions. The company was named to the 2010 AlwaysOn OnDemand Top 100, which identifies companies with game-changing approaches and technologies likely to disrupt existing markets and entrenched players. Additionally, the company was recognized by leading analysts in the Gartner Research Magic Quadrant for Corporate Performance Management Suites, and named a "strong performer" in the Forrester Wave report from Forrester Research on Business Performance Solutions.

About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first on-demand corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including JP Morgan Chase, Proctor & Gamble, Otis Spunkmeyer, Pitney Bowes and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100.

For additional information, visit http://www.hostanalytics.com or join the conversation at www.twitter.com/host_analytics.

Contact Information:

Contact:
Tami Casey
Kulesa Faul for Host Analytics
(650) 340-1984