February 12, 2016 – McLean, Virginia. Haystax Technology, a leader in enterprise systems, cybersecurity and analytics for government and commercial clients, announced record revenues and profits for 2015, continuing a history of growth that outperformed expectations. With a firm foundation established following four years of consecutive growth, the company announced the following management changes to accelerate the focus on advanced threat analytics products and enterprise network and cybersecurity services. Haystax founders, CEO Bill Van Vleet and CFO Jim Doyle, will be leaving the company and transitioning the leadership to the next generation to facilitate additional investment into the new businesses units. The Haystax Technology product business will be led by former Haystax CTO, Bryan Ware, focusing on advanced threat analytics for public and private sector markets. The NetCentrics services business will be led by former Haystax COO, Bob Dougherty, focusing on enterprise network services and cybersecurity for federal markets. Bob and Bryan will report directly to the Haystax Board of Directors. “The Haystax founders created a firm base and charted the path for sustainable growth” said Bob Dougherty. “NetCentrics and Haystax Technology are poised for robust growth thanks to their stewardship”. “Our original vision to create the next generation security company to protect what people value most has been validated through the excellent work of the Haystax staff.” said Bill Van Vleet. “This new, independent business unit structure will allow our teams to extend their market reach and achieve maximum potential.” “After four years of hard work, acquiring and integrating multiple companies, Haystax is poised for even greater growth. We thank Bill and Jim for their commitment and dedication to building Haystax to the company it is today. We look forward to working directly with Bob and Bryan to focus on their respective business units and invest for growth in their specific areas of expertise.” said General Peter Pace, Chairman of the Haystax Board of Directors. About Haystax Technology Haystax Technology, Inc. is a leading provider of advanced analytics and cybersecurity solutions. Haystax provides a full range of services and analytic products to protect and certify mission-critical information and real-time actionable intelligence for total enterprise protection. Haystax solutions are relied upon every day to protect against threats to some of the most mission critical and high profile networks and institutions in the world. Haystax Technology is headquartered in McLean, Virginia, with offices in Herndon, Virginia, Raleigh, North Carolina, and San Francisco. For more information about Haystax, visit www.haystax.com or follow Haystax on Twitter @haystaxtech.
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