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Last updated on May 26, 2012 at 11:48 EDT

Jeremy Jaech Named Verdiem CEO

December 3, 2008
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SEATTLE, Dec. 3 /PRNewswire/ — Verdiem, a provider of enterprise software
solutions to reduce energy consumption of PC networks, announced today that

Jeremy Jaech has joined the company as Chief Executive Officer. With his
long-standing record of translating visionary technology instincts into
triple-digit revenue growth and turning startups into industry leading
corporations — including cofounding and leading Visio and Aldus — Jaech is
expected to continue to build Verdiem’s market position and advance the
company’s partner and channel relationships. As CEO, Jaech will lead all
aspects of corporate development and strategy in broadening Verdiem’s impact
and seizing evolving market and policy opportunities.

“Verdiem’s time has come and I’m excited to be part of it,” said Jaech.
“Not only do Verdiem’s products provide effective technological solutions to
Global 2000 companies’ economic and environmental concerns, but the team’s
deep development bench and green IT mission speak to a company that is poised
for growth.” Verdiem’s network and PC energy management software products,
SURVEYOR and Edison, have generated significant deployment numbers with
businesses and individuals alike. SURVEYOR has saved enterprise customers a
combined $30 million in energy costs and 525,363,848 lbs of carbon — which is
equal to taking almost 43,645 cars off the road, and since its August launch,
Edison has generated more than 170,000 consumer downloads.

Jaech brings with him a track record of success and passion for
shepherding companies and their product development into broad commercial use.
Throughout his career, as CEO of companies such as Trumba and Visio — the
business drawing and diagramming company eventually bought by Microsoft –
Jaech has consistently built and led high-performance teams with a view
towards translating visionary technology and business knowledge into revenue
growth.

Venture capitalist firm Kleiner Perkins Caulfield & Byers’ Ted Schlein commented on Jaech’s appointment to CEO, stating, “Jeremy’s appointment
represents an important transformation for the Verdiem and for the cleantech
sector overall. The appointment of banner-name high technology CEOs to
cleantech companies like Verdiem signals a maturing market with strong profit
potential.” Schlein is on Verdiem’s Board of Directors.

Jaech received a master’s degree in computer science and a bachelor’s
degree in mathematics from the University of Washington. Jaech replaces Kevin
Kluster, who served as CEO from March 2006 to August 2008.

About Verdiem

Verdiem provides enterprise software solutions to reduce energy
consumption of PC networks. Its SURVEYOR software increases business
profitability and sustainability by monitoring, measuring and managing IT
energy use and related greenhouse gas emissions. The company’s relationships
with technology and energy efficiency leaders help it to deliver best-in-class
solutions to global businesses and individuals. Founded in 2001, Verdiem is a
green IT company headquartered in Seattle with additional offices in the US
and UK. More information is available at http://www.verdiem.com or (206)
838-2800.

Verdiem, SURVEYOR, and Edison are trademarks or registered trademarks of
Verdiem Corporation.

SOURCE Verdiem


Source: newswire