Opsware Inc. Announces Final Distribution of Stock by Benchmark Capital
June 15 2005 - 2:16PM
Business Wire
Opsware Inc. (NASDAQ:OPSW), the leading provider of IT automation
and utility computing software, today reported that Benchmark
Capital has distributed its remaining common stock of Opsware Inc.
The final distribution to limited partners of Benchmark Capital
totaled approximately 1.4 million shares and was completed on June
14, 2005. "We are grateful to Benchmark for their direction in the
early stages of Opsware's development," said Ben Horowitz, Opsware
president and CEO. "Benchmark was a critical partner in making
Opsware the fastest growing public enterprise software company
today and we thank them." About Opsware Inc. (NASDAQ:OPSW) Opsware
Inc. is the world's leading IT automation and utility computing
software company. The growth of the Internet is driving a shift
from client/server computing to Web architecture. With this shift
comes an overwhelming proliferation of servers, network devices and
applications, creating massive complexity that makes an automated
IT model a necessity. The Opsware System automates the complete IT
lifecycle and delivers utility computing by enabling IT to
automatically provision, patch, configure, secure, change, scale,
audit, recover, consolidate, migrate, and reallocate servers,
network devices and applications. Over 250 of the world's largest
companies, outsourcers and government agencies use Opsware to
deliver this new, automated model of IT. For more information on
Opsware Inc., please visit our web site at www.opsware.com. Opsware
is a service mark and trademark of Opsware Inc.
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