Thomson Reuters CTO Joins Solace’s Board of Directors

OTTAWA, October 28, 2010 – Solace Systems, the leading provider of messaging middleware appliances, today announced the appointment of James Powell, executive vice president and CTO at Thomson Reuters, to its board of directors.

“As the CTO of a world-class firm whose core business is data delivery and with many years of executive experience in the financial services industry, Mr. Powell is uniquely qualified to offer our business guidance, ” said Craig Betts, CEO of Solace Systems. “We’re delighted that he has chosen to join our board and will benefit greatly from the experience and knowledge he brings to the table.”

Prior to his current position, Powell has held a number of senior leadership positions within Thomson Reuters, as well as with Citadel Investment Group and TIBCO. His current charter as CTO focuses on bringing scale to Thomson Reuters’ systems, shared services and information.

“Solace is delivering real value through infrastructure consolidation and distributed service virtualization for some of the world’s largest and most successful companies, ” said Powell. “I’m excited to work with the management team to deepen existing relationships and expand their markets.”