SugarCRM Appoints Larry Augustin as Member of Board of Directors
Medsphere CEO brings knowledge of Open Source Technologies to SugarCRM, Customer Relationship Management solutions
Cupertino, CA - June 27, 2005 - SugarCRM Inc., provider of Sugar Suite, a commercial, open source customer relationship management solution that manages sales, marketing, and service customer interactions, announced today the appointment of Larry Augustin to the SugarCRM Board of Directors. The addition of Mr. Augustin will position SugarCRM for rapid growth as the leading open source application provider.
SugarCRM provides powerful solutions built on a pure open source technology stack (Linux, Apache, MySQL and PHP) offering functionality constructed by the best open source CRM experts from around the world. The Sugar Suite is SugarCRM's vanguard CRM solution, designed with today's business demands in mind with a low total cost of ownership. Additionally, Sugar Suite is highly customizable for all types of customers and businesses.
Mr. Augustin is currently CEO of Medsphere, a fully integrated Electronic Health Record (EHR) company that enhances the quality, safety, and efficacy of health care delivery. Previously, Mr. Augustin was a Venture Partner at Azure Capital Partners concentrating in software, systems, and related IT infrastructure technologies. Prior to Azure, Mr. Augustin founded VA Linux (now VA Software), where he served as CEO and led VA Linux to an initial public offering (IPO) that set the record for the largest first day gain ever in an IPO. In 2000, Worth Magazine named him one of the Top 50 CEOs in America.
Known as one of the early innovators in bringing open source technologies to the commercial market, Mr. Augustin helped coin the term "Open Source" and was the visionary behind SourceForge.net, the largest open source development site on the Internet.
Mr. Augustin currently serves as a board of director member for VA Software, the Open Source Development Labs (OSDL), Linux International, JBoss, and Linux Mark Institute. Mr. Augustin holds Ph.D. and M.S. degrees in electrical engineering from Stanford University, as well as a B.S. in electrical engineering from the University of Notre Dame.
"I am glad to be joining the SugarCRM team to strategically assist with the company's growth," said Mr. Augustin. "My experience establishing open source as a viable solution for enterprises when working with VA Software and OSDL will contribute to the future success of SugarCRM."
"We are honored to have Mr. Augustin on our board," stated John Roberts, CEO and Co-Founder of SugarCRM. "He has a keen sense of how enterprises leverage open source software, and we look forward to his insight in directing the growth of SugarCRM."
About SugarCRM Inc.
SugarCRM provides commercial open source customer relationship management applications for companies of all sizes worldwide. SugarCRM was founded in 2004 by three Silicon Valley CRM professionals with over twenty years of CRM experience spanning marketing, application design and engineering. The company is headquartered in Cupertino, California and can be reached by email at email@example.com, or by visiting http://www.sugarcrm.com