Demandware Announces Jit Saxena Joins Board of Directors

WOBURN, Mass., Oct. 5 /PRNewswire/ -- Demandware, Inc., the global leader in on-demand ecommerce, today announced that Jit Saxena has joined Demandware's board of directors. Saxena is a seasoned entrepreneur who has spent more than 35 years transforming the Boston hardware and software industry. As the ecommerce industry continues to expand into new and ground-breaking territories, Saxena will help Demandware to scale appropriately, including providing strategies for expansion into new application markets and entrance into new global markets.

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Saxena's most recent venture was Netezza Corporation, which he founded in year 2000 and led to public offering in 2007. Netezza pioneered the development of data warehouse appliances and today is a leading provider of data warehousing and analytics products on a worldwide basis. The company has established itself firmly in online businesses, retail, telecommunications, financial services and government markets and was recently acquired by IBM for $1.7 billion. Saxena served as Netezza's CEO from its founding until his retirement in February 2009. He still currently serves as Chairman of the Board.

Prior to Netezza, Saxena was founder and CEO of Applix, Inc. which pioneered decision support applications for the open environments and was acquired by Cognos/IBM in 2007.

Saxena has also served as a senior executive in marketing and product development for Data General Corp.

"Demandware is a company that thrives on innovation, meeting and surpassing the constantly changing consumer needs," said Tom Ebling, CEO for Demandware. "Jit is an entrepreneur especially adept at scaling companies and taking them to the next level. Having someone of his stature on our team should be a sign to anyone watching the space that Demandware is prepared to lead the charge of consumer-driven commerce."

Saxena also serves on the board of several high technology startups and is a board member of TIE-Boston. He received a BS (EE) from IIT Mumbai, MS (EE) from Michigan State University and earned an MBA from Boston University.

"Demandware is setting a rapid pace for commerce, not just online but mobile and cross-channel, making it easy for retailers to reach consumers wherever they are," said Saxena. "I am joining this company as it surges forward and I am excited to be a part of the team that sets the pace in the ecommerce marketplace."

About Demandware, Inc.

The trusted, global leader in on-demand ecommerce, Demandware revolutionizes how businesses deliver customized shopping experiences to consumers in the digital world. Only Demandware combines the on-demand ecommerce platform rated #1 by industry analysts, an open ecosystem of partners that extend the value of the platform, and measurable commitment by its employees to enabling client revenue growth. Demandware continually sets industry standards for market innovation and client satisfaction. Demandware clients include industry leaders such as Bare Escentuals, Barneys New York, Columbia Sportswear, Crocs, Frederick's of Hollywood, Hanover Direct, Jones Apparel Group, Lifetime Brands, Michaels Stores, Panasonic, and Reitmans. For more information about Demandware, visit www.demandware.com, call 888-553-9216 or email [email protected].

SOURCE Demandware, Inc.

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