SLI Systems Names Chris Brennan Chief Executive Officer

Founding CEO Dr. Shaun Ryan Moves to New Role as Chief Innovation Officer

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Sep 30, 2015, 09:55 ET

SAN JOSE, Calif., Sept. 30, 2015 /PRNewswire/ -- SLI Systems (SLI.NZ) today announced the appointment of Chris Brennan as the company's new Chief Executive Officer. Brennan will begin working with SLI on October 9 and will join the company's Board as an Executive Director. Founding CEO Dr. Shaun Ryan will transition to Chief Innovation Officer and remain an Executive Director of the company.

Brennan brings to this position more than thirty years' experience in technology management, senior leadership, and entrepreneurial roles. His diverse leadership background covers a broad variety of technology segments, spanning from pre-IPO startups to multinational corporations with revenue in excess of one billion dollars. Brennan is a former founder, CEO, and Chairman of SaaS security vendor NetAuthority; CEO of cloud services provider Contactual; and president and CEO of enterprise software vendor LogLogic. Brennan presently sits on the board of MarketLive, an e-commerce merchandising solutions provider.

During the course of his career Brennan has successfully raised more than $100 million in capital and created nearly $2 billion in shareholder value. As the chief executive or a member of the executive staff Brennan has taken six companies through successful exits.

"To more quickly accelerate our growth, the SLI Board of Directors has recruited a Silicon Valley veteran with a consistent track record in growing technology companies, someone who will take that proven know-how and apply it to the opportunities at SLI," said Greg Cross, SLI Systems Chairman. "Shaun will drive innovation initiatives designed to maintain our market leading position."

"For its near-fifteen-year history, SLI has offered cloud services that drive top-line revenue for online retailers, which is a fantastic value proposition that e-commerce will always need," said Chief Executive-designate Chris Brennan. "On my watch we plan both to expand our market share and to deliver new solutions to further accelerate online business."

About SLI Systems
SLI Systems (SLI.NZ) enables the world's leading e-commerce retailers to accelerate sales by connecting shoppers with the products they're most likely to buy. With offerings that include site search, navigation, merchandising, mobile, product recommendations and user-generated SEO, SLI is the most chosen cloud-based site search provider to U.S. Internet Retailer Top 1,000 retailers. The company's patented technology continuously learns from the actions of visitors to deliver the most relevant results possible. Whether via PC, tablet or phone, a site powered by SLI delivers the kind of satisfying search experience that increases conversion rates, secures brand loyalty and results in higher order values. SLI operates on five continents. For more information, visit www.sli-systems.com.

Connect with SLI:
Twitter – twitter.com/slisystems
Facebook – facebook.com/slisystems
LinkedIn – linkedin.com/company/sli-systems

Media Contacts:

Tim Callan
CMO, SLI Systems
+1.650-224.3428
[email protected]

Liza Colburn
Crescendo Communications
+1.781-562.0111
[email protected]

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SOURCE SLI Systems