Index Engines Strengthens Executive Team As Company Brings Powerful Enterprise Indexing To Market

HOLMDEL, NJ - Index Engines, the leader in next-generation enterprise-wide indexing solutions, today made two appointments to its executive team as demand for company products continues to grow. Neil Colstad, formerly vice president of sales for Index Engines, will dedicate his time to OEM partners and other strategic channels, as the company’s new vice president, business development. Rick Ruskin has been added to the team as vice president of sales and will assume responsibility for accelerating end-user adoption for the Index Engines product line.

Both Neil Colstad and Rick Ruskin are seasoned executives with decades of experience in defining, building and leading sales and business development organizations. Throughout Neil’s career, he has provided expertise and leadership in business development, go-to-market planning and operations, with a focus on enterprise storage and related technologies. Neil maintains a strong track record of success in positioning new technologies for broad base market acceptance.

With more than 20 years experience building direct and indirect sales teams at a variety of technology companies, Ruskin will spearhead the aggressive sales expansion of Index Engines’ enterprise-wide indexing and electronic discovery solutions which help organize enterprise data assets and make them immediately accessible and easily manageable for IT administrators at organizations throughout the world.
“Neil’s success in developing our strategic partnerships is now requiring his full time commitment. We are excited to have Rick join us and increase the breadth of our executive team. Together, their wealth of experience in building and managing the business development and sales organizations at companies and their history of success will drive Index Engines to the next level,” said Tim Williams, CEO of Index Engines.

Neil Colstad is a seasoned executive with over 16 years of experience in defining, building and leading sales and business development organizations. Prior to Index Engines, Colstad served as vice president of business development and North American sales for Archivas, a provider of software-based archiving software. While at Archivas, Neil built and led the initial sales and system engineering team, secured the first $1M in revenue via direct sales and established a multi-year global OEM deal. Throughout his career, he has provided expertise and leadership in direct and indirect sales, business development, go-to-market planning and operations, with a focus on enterprise storage technology. Neil has proven success in both small and large organizations, positioning new technology for market acceptance.

Before joining Index Engines, Ruskin spent a total of 11 years at MTI, a leading multi-national provider of consulting services and data storage, storage management and data protection solutions. Prior to MTI, Rick ran the sales and field operations for Storability Software, a provider of storage management software. He also spent seven years in a range of sales management positions at System Industries, a pioneer in the plug compatible storage industry. As a result of Rick’s 20 years in the data storage business, he has established relationships with the most powerful players in the market and will leverage those resources for Index Engines.

About Index Engines

Founded in 2003, Index Engines is the leader in next-generation enterprise-wide indexing. The company’s mission is to organize enterprise data assets and make them immediately accessible and easily manageable. Businesses rely on Index Engines’ solutions for comprehensive insight into their data in order to streamline the discovery, classification and management of enterprise assets. The company was started by Tim Williams and Gordon Harris, who prior to Index Engines, were responsible for successful startups that include CrosStor and Tacit Networks. CrosStor was a storage operating system company that was sold to EMC (NYSE: EMC) in November of 2000. Tacit Networks, sold to Packeteer in 2006, is the leader in enterprise file sharing for remote office solutions. Index Engines has recruited top talent from both leading storage solution vendors and the enterprise search space.

Index Engines is privately funded and headquartered in Holmdel, New Jersey. Index Engines products are sold and serviced worldwide directly and through Index Engines channel partners. For more information on Index Engines, please visit the company’s website at www.indexengines.com.

Index Engines is a trademark or registered trademark of Index Engines, Inc. All rights reserved. All product names mentioned are trademarks or registered trademarks of their respective organizations.