Finance Veteran Joins Board of Directors as SourceForge Continues to Strengthen OperationsMOUNTAIN VIEW, CA, Sep 24, 2008 (MARKET WIRE via COMTEX News Network) -- SourceForge, Inc. (NASDAQ: LNUX), the leader in IT community-driven
media and e-commerce, today announced that Suzanne Present has joined
the company's Board of Directors effective September 22, 2008. Ms.
Present brings almost 25 years of experience in finance.
"We're excited to have Ms. Present on the Board. She brings an
impressive background, the kind of sharp eye and steady hand that will
fit in well," said Robert M. Neumeister, Jr., interim president and
chief executive officer of SourceForge.
Ms. Present is a Principal of Gladwyne Partners, LLC, a private
partnership fund manager. Prior to co-founding Gladwyne in 1998, Ms.
Present was a Vice President in the mergers and acquisitions
department of Lazard Freres & Co. Ms. Present joined Lazard Freres &
Co. in 1984 as a securities analyst. Ms. Present currently serves on
the boards of directors of Kalypsys, Inc., a privately held drug
discovery company; The Electric Sheep Company, Inc., a privately held
developer of content and technologies for virtual worlds; and Anshe
Chung Studios, Limited, a privately held Chinese-based developer of
content for virtual worlds.
"I've paid attention to SourceForge for many years. The company has
an excellent executive team, a well-known brand name, and strong
resources," said Present. "It's an exciting opportunity and an
exciting time to join the SourceForge Board."
About SourceForge, Inc.
SourceForge's media and e-commerce web sites connect millions of
influential technology professionals and enthusiasts each day.
Combining user-developed content, online marketplaces and e-commerce,
SourceForge is the global technology community's nexus for
information exchange, goods for geeks, and open source software
distribution and services. SourceForge's network of web sites serves
33 million unique visitors each month* and includes: SourceForge.net,
Slashdot, ThinkGeek, Linux.com, and freshmeat.net. For more
information or to view the media kit online, visit
www.sourceforge.com. (*Source: Google Analytics and Omniture, July
SourceForge, SourceForge.net, Slashdot, freshmeat, and ThinkGeek are
registered trademarks of SourceForge, Inc. in the United States and
other countries. All other trademarks or product names are property of
their respective owners.
SOURCE: SourceForge, Inc.