Pesatori Bolts from Compaq

BOSTON (05/05/2000) - Enrico Pesatori has left Compaq Computer Corp. to take over as president and chief executive officer (CEO) of server vendor Synaxia Networks Corp., which has yet to release a product, the company announced today.

Pesatori was senior vice president and group general manager of Compaq's Enterprise Solutions and Services Group. He was president of Tandem Computers Inc. when that company was bought by Compaq in August 1997. Prior to that, he was vice president and general manager of Digital Equipment Corp.'s Computer Systems Division. He also had been president and CEO of Zenith Data Systems. A native of Italy, he worked for many years at Olivetti SpA, serving as president and CEO of Olivetti North America.

The latest job move will take Pesatori to Mountain View, California, to lead Synaxia, which was founded in February 1998 in Reading, U.K., before moving in January of this year to the U.S. The company has 50 employees in the U.S. and the U.K., where it has a development facility, Synaxia said in a written statement today.

Synaxia's aim is to become a leading vendor of next-generation network-attached storage and appliance server products. The company expects to introduce products later this year.

In a separate written statement today, Compaq announced changes in its Enterprise Solutions and Services Group. Three of its divisions will report directly to Michael Capellas, Compaq president and CEO. The divisions are Industry Standard Servers, Business Critical Servers and Storage Products.

The Compaq statement noted Pesatori's departure, thanked him for his efforts and wished him good luck.

Synaxia, in Mountain View, can be reached at http://www.synaxia.com/. Compaq, in Houston, is at http://www.compaq.com/.

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