COLORADO SPRINGS, CO--(Marketwire - Jul 31, 2012) - Storage industry innovator X-IO today announced that it has appointed Edward Welch as Chief Financial Officer. Mr. Welch will oversee X-IO's financial operations and work closely with the company's senior leadership team and board of directors.
"We are delighted to have been able to attract to X-IO Technologies such an accomplished financial executive with so much great experience and a record of strong leadership," said John Beletic, CEO of X-IO. "Ed will play a key role as we continue to grow our company, expand into new markets and introduce new products."
Mr. Welch brings to his position over 25 years of managerial and hands-on experience in all aspects of finance and accounting. Before joining X-IO, he served for six years as Chief Financial Officer for NEC Unified Solutions, Inc. He previously held division CFO and senior finance positions with Haemonetics Corporation, Ericsson USA Inc., Lucent Technologies/Avaya Communication and Unisys Corporation. Mr. Welch holds a Bachelor of Science in Business Administration from Excelsior College and a Master degree from the University of San Francisco School of Business and Professional Studies.
X-IO is a recognized innovator in the storage industry due to its award-winning Intelligent Storage systems, which leverage over two decades of expertise to deliver unmatched price/performance for enterprise applications. The company's plug-and-perform Intelligent Storage solutions are customer proven to accelerate transactional, reporting and business intelligence applications by a factor of 3X or more. While dramatically reducing storage costs and footprint, X-IO Intelligent Storage drives extreme performance for virtual desktop and server infrastructures. X-IO solutions have been recognized as SQL Server Magazine and Windows IT Pro's 2011 Editors' Best Gold Medal winners, the 2012 Best of TechEd "Hardware and Storage Product" and "Attendees' Pick" Awards, and inclusion in CRN's 2012 Data Center 100 List.