Nyriad adds Margie Evashenk to its Board as Independent Director

– USA, TX –  Nyriad, Inc. today announced the appointment of Margie Evashenk to its Board as an Independent Director, bringing three decades of wide-ranging business, engineering, and Board-level experience with a focus on storage and artificial intelligence.

Her addition expands the board to five members.

“We look forward to the contribution Margie will make to our company. Having her wise counsel, enthusiasm, and experience will be a tremendous benefit for the company,” said Executive Chairman, Herb Hunt.

Derek Dicker, CEO and Board member added,  “Margie has deep storage industry and Board-level governance experience that will be invaluable to Nyriad as we advance our first product and expand our presence with customers and partners. As a fellow Technical Advisory Board member of a start-up, I witnessed first-hand Margie’s ability to provide strategic business and technical input, deliver candid feedback to a leadership team when needed, and assist in defining systems and processes that enable young companies to scale quickly and easily. She’s a proven leader with a passion for growing new businesses— exactly what we were looking for in an independent director.”

About Margie Evashenk

Margie Evashenk has 30 years of experience in high-tech, from co-founding storage semiconductor start-up Sierra Logic to overseeing global engineering for Emulex as SVP and Chief Development Executive. She was CEO and a Director of Kazan Networks, an early-stage storage company, until its sale to Western Digital Corporation in 2019.

Currently, Margie Evashenk serves on the Board of Lantronix, Inc., where she is the Compensation Committee Chair and is President of Evashenk Technology Management Consulting. She also serves on the Advisory Boards of minds.ai, a Deep Learning software company, and Burlywood Technology, a flash storage software company. She previously served on the Board of Open Silicon, Inc. and held Entrepreneur in Residence positions at SKTA Innopartners and Vonzos Partners, where her focus was on artificial intelligence.

“I am excited and privileged to be joining the Nyriad Board,” said Margie Evashenk. “When I learned about UltraIO’s groundbreaking architecture, which gives customers both performance and resilience with a remarkable value, I wanted to be a part of it.  I look forward to contributing to Nyriad’s growth and market leadership.”

Margie Evashenk has a BSEE degree from the University of California at Davis.

About Nyriad

Nyriad, Inc. is the developer of the UltraISO storage system, an all-new system that combines the processing speed of GPUs and advanced algorithms to deliver unprecedented performance, resiliency, and efficiency. The ground-breaking design enables UltraIO systems to support block storage media and block, file, and object data types in a single system for maximum flexibility. UltraIO systems run on industry-standard hardware and use the highest capacity, most efficient storage media and simplified storage management to achieve a low total cost of ownership. Headquartered in Austin, Texas, Nyriad empowers businesses to grow and adapt their storage to stay competitive in a data-driven world. For more information, visit us on the web at www.nyriad.io.

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