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Mike Malloy Joins New Relic as Vice President of Marketing and Sales

Leading Rails SaaS company adds seasoned marketing professional to executive staff

San Francisco - December 10, 2008

New Relic, Inc., the leading provider of Ruby on Rails application performance management solutions, today announced that software industry veteran Mike Malloy has joined the company as vice president of marketing and sales.

"We are very pleased that Mike has joined our senior leadership team," said Lewis Cirne, founder and CEO of New Relic. "Mike has a proven record of success in our market, having helped grow Wily from early stage to its position as a market leader. Mike’s deep experience in software and services will be invaluable as Rails demonstrates it is an enterprise-ready platform."

"New Relic has shown in a short period of time that it has a powerful value proposition for companies deploying applications on Rails," said Mr. Malloy. "I joined them because they are bringing enterprise-level application performance tools to a marketplace that needs and will pay for them. Its great to work with Lew Cirne again and I am excited to be part of the team."

Mike Malloy has more than 35 years of technology and services marketing experience. Prior to joining New Relic he was CEO of Lontra, Inc. a provider of IT finance software. He was also SVP and Chief Marketing Officer of Wily Technology, which was acquired by CA in 2006. Mike has also held senior positions with Fair, Isaac & Co., KPMG, Deloitte and Touche and Digital Research. He and his family reside in Ross, California.

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