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Tadpole Technology Appoints Juan Salcedo as CFO

IRVINE, Calif. and LONDON, Nov. 21 /PRNewswire/ -- Tadpole Technology plc, parent company of Endeavors Technologies, the pioneer in application streaming and virtualization technology, today announced that Juan Salcedo has been appointed Chief Financial Officer.

IRVINE, Calif. and LONDON, Nov. 21 /PRNewswire/ — Tadpole Technology plc, parent company of Endeavors Technologies, the pioneer in application streaming and virtualization technology, today announced that Juan Salcedo has been appointed Chief Financial Officer.

Mr. Salcedo joined the organization in August 2007 as Interim Controller for Endeavors Technologies' US operations. In this role, he has served as a member of the executive team, focused on process change to improve operational results. He brings over 20 years financial management experience, including senior positions at Westinghouse Digital Electronics, MWB Business Systems and Investor's Business Daily.

"Endeavors' provides a unique solution for application virtualization and streaming, and I am excited to join a technology leader in this market," said Salcedo. "My experience developing and implementing strategies and process controls to reduce operational costs allowed me to recognize immediately the value and business benefits of application streaming. Endeavors' has a solid growth strategy and I look forward to working with the management team to achieve these goals."

"Our US operations are already benefiting from new policies and process controls that Juan has implemented and we are fortunate he accepted this expanded role," said Peter Bondar, CEO at Endeavors Technologies. "Juan possesses the management skills, international experience and business acumen necessary to contribute at a strategic level and help lead our organization through its next growth stage."

Mr. Salcedo has provided financial management and consulting services to a number of organizations and received a Global Leader's Award for outstanding performance while at MWB Business Systems. He began his career at Deloitte & Touche, and became a Certified Public Accountant in 1987. Salcedo holds a BA from Stanford University and an MBA from UCLA Graduate School of Management.

About Endeavors Technologies

Endeavors Technologies creates, develops and markets innovative application virtualization and streaming technologies that allow servers to stream pc-based applications to client computers where they are subsequently executed. These "next stage" technologies replace thin client computing paradigms. Application virtualization and streaming enables organizations to reduce the total cost of ownership while improving service levels, simplifying the management of computers and improving security and reliability. This innovative application distribution methodology provides companies with new revenue opportunities while reducing IT costs and increasing user productivity. Endeavors Technologies is a pioneer and thought leader with eight patents granted and 25 pending, including the first patents granted for streaming applications. Endeavors Technologies provides its solutions through licensing, royalty and technology transfer models. Visit http://www.endeavors.com for more details.

About Tadpole Technology plc

Tadpole Technology plc (London LSE: TAD) is a company in transition. The company was formed in 1983 as a developer and manufacturer of high performance portable workstations. In 2003, Tadpole transitioned to a software group focused on two sectors; geospatial solutions and system level software technologies. In mid 2007, Tadpole made a strategic decision to focus exclusively on the application streaming and virtualization marketplace and in November 2007 announced the sale of its geospatial interests. The company established Endeavors Technologies Ltd. as its European trading arm, complementing the existing Endeavors Technologies Inc. in the US. Subject to shareholder approval, Tadpole Technology plc intends to rebrand itself under the Endeavors' name to reflect its focus on a single brand and product set. For information on Tadpole Technology plc, visit http://www.tadpoletechnology.com

SOURCE Endeavors Technologies

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