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News Item

Rick Ellenberger Joins Logicworks as CEO

Logicworks founder Carter Burden, who had been the firm’s CEO, will continue in his role as Chairman

Logicworks, a leading provider of enterprise hosting and cloud computing for high-availability applications and content, has hired Rick Ellenberger as CEO.

Ellenberger has been at the forefront of technology revolutions for the last 30 years, and has successfully led companies in telecommunications, data integration and Internet broadband. He has acquired, built and restructured several companies and led some of the best-known technology brands to greater profitability and investment.

Logicworks founder Carter Burden, who had been the firm’s CEO, will continue in his role as Chairman of Logicworks board of directors.

“Logicworks has been perfecting the technology and services platform that enterprises rely on to host their most complex, mission-critical applications,” said Carter Burden. “The time has come for us to scale our business to meet the potential of that platform, and Rick’s a proven expert in capitalizing on intersections of great technologies and promising market opportunities to build great companies. We are truly honored to have him leading the next phase of Logicworks’ growth.”

“I’m incredibly excited to join Logicworks,” said Rick Ellenberger. “I’ve been fortunate to lead organizations through three major disruptive technological evolutions in my career: First, the dawn of a competitive telecom marketplace; second, the migration from mainframe applications to distributed client-server architectures, and third the construction of global broadband IP infrastructures,” said Ellenberger. “That experience will serve me well at Logicworks, which is poised to lead the next great disruptive technology evolution: the complete migration of the complex enterprise applications to fully-hosted public and private cloud environments.”

Prior to Logicworks, Ellenberger was the Chairman and CEO of Cincinnati Bell. Through acquisition and strategic partnerships he created Broadwing Corporation, which was the first all-optical IP backbone network. During his tenure at Broadwing, he helped raise over $1 billion in investment capital and over $400 million in private equity investment.

In 2001, Ellenberger was named Smart Executive magazine's Internet Executive of the Year, for leading Broadwing's phenomenal transformation from a one-city telephone company into a nationally-recognized, integrated communications powerhouse.

Prior to Broadwing, Ellenberger was CEO at XLConnect, a technical services company that provided high-end integration services for mainframes and distributed computing architectures. Under Ellenberger’s leadership, XLConnect achieved one the most successful initial public offerings of 1996, and was later acquired by Xerox.

Ellenberger began his career at MCI, eventually becoming president of Business Markets, the largest division of MCI, where he was responsible for 10,000 employees and $10 billion in revenue. It was during his tenure there that he cultivated his leadership style and gained a reputation for creating innovative products and marketing campaigns.

“While some enterprises have experimented with hosted and cloud computing initiatives, few have embraced the trend for their most mission-critical applications,” said Burden. “Logicworks is ideally positioned to change that with our exclusive focus on complex multi-server architectures and high-availability database environments. We have earned the reputation as the ‘go to hosting partner’ for some of the largest media and financial services brands in New York City.”

“Carter and the entire team at Logicworks have built a technology and services foundation that rivals what I saw at similar stages at MCI, XLConnect, and Broadwing earlier in my career,” said Ellenberger. “Their hard-earned reputation is a clear indication of the growth and success we’ll see in the future. I’m proud to have the opportunity to build upon it to bring Logicworks’ advanced capabilities to the broader global marketplace.”

About Logicworks

Logicworks exclusively delivers enterprise hosting and private cloud solutions to high-growth customers in need of high-availability for their most critical applications and content. Logicworks is known for its combination of dedicated client teams, customized solutions, performance/SLA emphasis and focus on database management for complex systems. Clients are able to reduce capital expenses, operating overhead and multi-vendor management by relying on Logicworks as an extension of their technical operations. Logicworks customers are SaaS providers, e-commerce sites, and the most well known content destinations on the web. For more information, visit www.logicworks.net, write to [email protected] or call 866-FOR-LOGIC.

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