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Magento Appoints Software Veterans Michel Goossens and Jary Carter to Spearhead Global Expansion

Goossens joins Magento from Red Hat (NYSE:RHT), where he was vice president EMEA of the organization's JBoss division. He joined JBoss in 2005 to lead the EMEA sales operations and further boost the company's explosive revenue growth. Before joining JBoss, Goossens founded SilverStream Software's EMEA operations. As vice president for EMEA, he actively contributed to a successful IPO and impressive revenue growth before its acquisition by Novell (Nasdaq: NOVL) in 2002.

Carter joins Magento from open source enterprise content management system vendor, Alfresco. As Alfresco's Americas director of channels, he led the Americas partner organization, as well as the territory sales team. During his time at Alfresco, he grew channel-driven revenue by an average of more than 500 percent per year. Prior to joining Alfresco, Carter held roles that included senior sales positions with Omniture and Novell.

"Magento has grown in an incredibly short time to over 60,000 customers worldwide, and counts some of the planet's leading retailers, innovators and brands among its customers. We needed to hire executives who have a proven track record in taking successful software brands and leading them into the next stage of their evolution," said Roy Rubin, CEO of Magento. "Michel and Jary bring the sales and professional leadership that Magento needs as we continue on our mission of enabling the success of the worldwide eCommerce ecosystem."

Goossens and Carter will report to Bob Schwartz, president at Magento, and will be tasked with continuing the company's fast growth on both sides of the Atlantic, as well as further building its strong channel program, now numbering over 180 partners worldwide.

"Magento has shown an incredible growth pattern and continues to attract both the best customers and the top talent, so I'm excited to be joining the company at this stage of its development," said Michel Goossens, vice president, EMEA at Magento. "The company is profitable, has an outstanding roster of top-tier clients and continues to deliver world-class products. I'm confident that my appointment will underscore Magento's commitment to supporting partners, developers and customers worldwide and I look forward to continuing the company's success and building its loyal base throughout EMEA."

About Magento

Magento is the fastest growing eCommerce platform in the world with over 180 solution providers and 60,000 merchants, including leading brands, innovators and large retailers enabling over $25 Billion in transactions each year. Magento is a feature-rich, professional Open Source eCommerce platform solution that offers merchants complete flexibility and control over the presentation, content, and functionality of their online channel. Based in Los Angeles, Magento is a fast-paced, entrepreneurial organization dedicated to the mission of enabling the worldwide eCommerce ecosystem. For more information about Magento, visit http://www.MagentoCommerce.com.

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Molly Ingham, 480-776-6411
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