InovaWave, Inc., a leading provider of optimization and management software for virtual environments, today announced it has appointed Mike Ames as Vice President of Finance and Administration. A high-tech industry veteran with more than 20 years of experience, Ames will be responsible for implementing the infrastructure and administrative functions of the company, supporting development and execution of the corporate strategic plan, and handling relationships with the financial community.

“InovaWave is at an exciting stage as it continues to deliver significant new technology and products to the server virtualization market. InovaWave’s ability to substantially improve the performance and density of virtualization projects makes this a strategic growth opportunity in the virtualization space,” explained Ames. “Joining InovaWave enables me to play a significant role with a rapidly growing company as we bring this technology to market.”

Prior to joining InovaWave, Ames served as CFO at Neogent (purchased by Sun Microsystems) and has held a number of financial leadership positions at Vignette, Tivoli, Lotus, and IBM. He holds a MBA from the University of Texas at Austin and a Bachelor of Science in Accounting and Finance from the University of Texas at El Paso.

“I am delighted to have Mike on the InovaWave team,” said Terry Ferose, Founder and CEO of InovaWave. “His proven track record in finance and administration will provide InovaWave with excellent leadership for aggressive growth in the virtualization market.”

Beta Program for DXtreme64 for Windows

InovaWave also announced today the early access beta program for DXtreme64 for Windows, the industry’s first software solution proven to more than double the number of virtual machines possible per server. The beta program is designed for organizations utilizing virtualization platforms on 64-bit architectures, and looking to improve performance of their virtual machines and increase their server consolidation ratios.

Registration for the beta program is open to the public. Online registration can be accessed at http://www.inovawave.com/dxtreme64. DXtreme64 for Windows will make its debut at Microsoft TechEd in Orlando, where InovaWave will be conducting live demonstrations at their booth (No. 1028).

About InovaWave

Founded by virtualization software pioneers, InovaWave develops software for optimizing and managing virtual environments. Based in Austin, Texas, InovaWave is a privately held company backed by Silverton Partners, an early stage investor in leading enterprise software companies, including Tivoli Systems, Motive, Smart Technologies (acquired by I2) and Waveset (acquired by Sun). For more information on InovaWave, visit www.inovawave.com.