Paul Ciandrini Joins HydroPoint Data Systems, Inc. as President and CEO

 

Petaluma, Calif., July 7, 2008 – HydroPoint Data Systems, Inc., provider of the WeatherTRAK® smart water management solution, today announced the appointment of Paul Ciandrini as president and chief executive officer. In this role, Mr. Ciandrini will be responsible for day-to-day operations and the strategic development of the company's proven water-saving technology. Former HydroPoint CEO and founder Chris Spain will serve as chairman of the company's board of directors and chief strategy officer.

"Global warming and long-term drought are focusing attention on safeguarding water resources. Our solution enables organizations to eliminate water waste for triple bottom line gains. It's no wonder our subscriber network has grown three-fold over the past two years," said Mr. Spain. "Paul's track record of successfully scaling companies to accelerate growth makes him the ideal choice for HydroPoint as we expand and enable more organizations to achieve dramatic financial returns while they save the planet's most precious resource."

Paul Ciandrini comes to HydroPoint from BearingPoint, Inc. (formerly KPMG Consulting), where he held the position of chief risk officer. Prior to that, as president of Plumtree Software, Inc., Mr. Ciandrini contributed to increasing the company's value by more than 80 percent, facilitating the company's acquisition by BEA Systems, Inc. In his previous role as senior vice president of North American application sales for Oracle Corporation, Mr. Ciandrini oversaw annual revenue growth of 43 percent. Before joining Oracle, Mr. Ciandrini managed the high technology practice at BearingPoint and later served as group executive vice president for product services consulting, a $700 million annual revenue business. Earlier in his career, Mr. Ciandrini served as vice president of marketing for Walker Interactive Systems and helped take the firm through its initial public offering.

"HydroPoint created the smart water management category. Today the company offers the most compelling value proposition in the clean technology marketplace. Customers across industries achieve their business and green objectives without risk or behavioral disruption while they simultaneously realize rapid and sustainable cost savings," stated Mr. Ciandrini. "It's my privilege to lead this company as we deliver cost savings and higher levels of natural resource conservation."

About HydroPoint Data Systems, Inc.
HydroPoint, founded in 2002, is the market and technology leader in smart water management. The company's WeatherTRAK solution conserves more water than previous urban water conservation technologies by a factor of four. The WeatherTRAK solution uniquely delivers a multitude of financial and environmental benefits by revolutionizing management of the area of greatest waste in urban water use: landscape irrigation. Proven in 23 independent studies, the WeatherTRAK solution saves water, reduces energy demand and protects water quality while it minimizes liability and expense exposure. In 2007 alone, 15,000 WeatherTRAK subscribers saved over 6.7 billion gallons of water, 26.9 million kilowatt hours of power and 36.1 million pounds of CO2 while they returned $60 million to their bottom lines. Headquartered in Petaluma, Calif., HydroPoint is privately owned and operated. For more information, visit www.weathertrak.com.
WeatherTRAK is a registered trademark of HydroPoint Data Systems, Inc.