Robert W Frick, Former Vice Chairman, Bank of America Joins Perpetuuiti’s Board of Directors


Frick’s 27+years’ business experience across industries will add a valuable perspective to Perpetuuiti and help the company achieve greater success

PUNE, India – July 20, 2015 – Perpetuuiti TechnoSoft Inc., a leading business service continuity and availability management solutions provider, today announced the appointment of Robert W Frick to the company’s Board of Directors. He currently provides his extensive expertise in finance and business operations to seven companies and serves on a number of public and private boards, including Charles Schwab Bank, Lucas Film Limited and Responsys. His responsibilities will include providing an overall vision and guiding Perpetuuiti in its growth.

Commenting on the appointment, Mr  Rohil Sharma, CEO at Perpetuuiti said, “We are excited to have a business pioneer like Frick on our company board. I have worked with him at various profit and nonprofit organizations. I must say, he is a highly energetic and seasoned professional. His vision, energy and foresight are remarkable. We look forward to working under his guidance and benefitting from his judgment.”

Mr Frick responds,It’s an exciting time to be involved with Perpetuuiti’s team. Perpetuuiti is taking technology and businesses to new heights and are well aligned with various advancements in the industry. I’m honored to be a part of Perpetuuiti’s journey forward.

In a span of 27 years, Frick has served on the boards of more than 15 companies including large enterprises and VC-backed startups. He successfully led various divisions of Bank of America for more than 23 years in various capacities including Vice Chairman, Chief Financial Officer, and Head/ Executive in Charge, World Banking Group at Bank of America, Managing Director at Bank of America International, and President at Bank of America’s venture capital subsidiary. He also served as Executive VP, Financial Services Division.

In addition, he formed K.E.S. Management and serves as its Chairman. Frick served as Vice President of Finance and Director at Measurex. He also serves on the Boards of Kana Communications and five other private companies. Frick holds a B.S. in Civil Engineering and an MBA from Washington University in St. Louis, Missouri.

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About Perpetuuiti

An INTEL Capital PORTFOLIO COMPANY, Perpetuuiti is a global enterprise software company focused on building Software products that address Business Service Availability Assurance, Orchestration and Automation challenges for On-Premises or Cloud Deployments.

Perpetuuiti’s product family supports a combination of technologies enabling solutions (built in accordance with ISO 22301 standards) for Organizational BCP Automation, IT Service Continuity and Availability Management, Recovery Assurance, IT Workload Orchestration and Automation, Real-Time Auto Discovery of Application IT infrastructure and Application Interdependency Mapping.

Perpetuuiti’s solutions have been well-accepted and appreciated by customers, major System Integrators, Cloud Service Providers, Hosting services Providers and Consultants. Since inception, the company and its products have been receiving Industry Recognitions by leading Global Analysts, Forums and Entities. Perpetuuiti is named a Gartner Cool Vendor in Business Continuity Management & IT Disaster Recovery Management for 2015 and also is included in Gartner HYPE CYCLE 2014 Report on IT-SCM.

Perpetuuiti has a significant global presence with offices in USA, INDIA, SINGAPORE and UAE. The company’s customer base comprises Fortune 500 organizations from a diverse set of industry verticals such as Telecom, Banking, Manufacturing, Insurance and Consumer Products.To know more, please visit www.ptechnosoft.com

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