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Silicon Valley Exec Joins Paremus as CEO

Gary Ebersole, former CEO of Clustra Systems, joins Paremus Ltd.

London, UK, 11th November 2005 – Paremus Ltd., an innovator of next-generation distributed software systems deployed on grid computing infrastructure, announced today that Gary Ebersole, an experienced Silicon Valley start-up executive, has joined Paremus as Chief Executive Officer.

"Gary’s background managing early-stage enterprise software companies will be a real asset to Paremus as we launch Infiniflow into the grid computing marketplace," said Dr Richard Nicholson, Paremus CTO and co-founder. "We are delighted to have him on the management team."

"Paremus has developed a breakthrough enterprise software platform with Infiniflow™. It is the first product that truly delivers on the promise of autonomic grid computing for a wide range of applications, including transactional business systems," said Mr. Ebersole. "I am excited about the opportunity to work with the Paremus team to make a real impact on the grid computing market."