Zend - The PHP Company


Veteran Executive Steven Springsteel Joins Zend Board of Directors

Veteran Executive Steven Springsteel Joins Zend Board of Directors

Seasoned Executive Brings Extensive Track Record of Business and Financial Results to Leading Open Source Company

CUPERTINO, Calif.--(BUSINESS WIRE)--Zend, the PHP Company, today announced that Steven Springsteel has been appointed to its Board of Directors. Springsteel has two decades of experience leading publicly traded technology companies. He will help guide Zend’s exceptional growth with a focus on streamlining operations and maximizing profitability.

“The expansion of Zend’s Board of Directors ensures the company will fully leverage the financial opportunities being created by our multi-year track record of growth. We conducted an extensive search and Steve stood out as an exceptional candidate given his strong operational and financial experience,” said Zend CEO, Harold Goldberg.

Springsteel is currently Chairman, president and CEO of Chordiant Software, Inc. (NASDAQ: CHRD). He brings over 20 years of high tech management experience to the Zend Board of Directors, including management of two successful IPO’s and several mergers and acquisitions. Before Chordiant, Springsteel was president and CFO at Verity (NASDAQ: VRTY) where he led the company to profitability and guided the sale of the company to Autonomy.

“Zend is quickly reaching a critical stage as open source goes mainstream inside the enterprise,” said Springsteel. “All indications are that they will continue on their current growth trajectory, and I look forward to bringing an operational and fiscal perspective at the board-level to help manage and leverage those opportunities.”

Springsteel joins current Zend board members Danny Rimer of Index Ventures, Moshe Mor of Greylock Partners, Cameron Lester of Azure Capital Partners, Noga Cap of Walden Israel and Zeev Suraski, Zend co-founder and CTO.

About Zend

Zend Technologies, Inc., the PHP Company, is the leading provider of products and services for developing, deploying and managing business-critical PHP applications. PHP is used by more than thirty two million websites and has quickly become the most popular language for building dynamic web applications. Deployed at more than 20,000 companies worldwide, Zend’s family of products provides a comprehensive platform for supporting the entire lifecycle of PHP applications. Zend is headquartered in Cupertino, California. For more information, please visit www.zend.com, or call 1-408-253-8800.

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