PRESS RELEASE

February 12th, 2008

Open Source Pioneer Larry Augustin Joins Appcelerator Board of Advisors

Larry Augustin, one of the most respected figures in open source and the creator of SourceForge.net, the world’s largest open source software development community, has joined the advisory board of Appcelerator, Inc. The company is ramping up operations and product development to help companies quickly build Web-based applications with more functionality and less code.

The Appcelerator Platform, the company’s open source, next-generation Web platform, enables developers to quickly assemble cross-platform, service-oriented user interfaces using the skills and technologies they’ve already invested in to standardize their development environments and software infrastructures. The Appcelerator Platform is the only pure open source rich Internet application Web platform on the market today.

“Larry was present at the creation of the open source movement so his appointment with Appcelerator is a natural fit,” said Jeff Haynie, the company’s chief executive. “His expertise as an early open source visionary will guide Appcelerator as we pioneer a path toward bringing rapid open source RIA development to the enterprise market.”

Today’s announcement further strengthens Appcelerator’s ties to JBoss, the open source middleware leader. Augustin, a former JBoss director, joins JBoss Founder and former CEO Marc Fleury on Appcelerator’s advisory board.

Augustin is an investor and advisor to early-stage technology companies. One of the group who coined the term “open source,” he has written and spoken extensively on open source worldwide. In 1993 he founded VA Linux (now SourceForge, NASDAQ:LNUX), where he launched SourceForge.net, the world’s largest open source software development community. He led the company through an IPO in 1999.

“Appcelerator lets companies capitalize on the investments they’ve made in service-oriented architectures by building rich Internet applications on top of that infrastructure,” said Augustin. “I’m pleased to help Appcelerator bring the benefits of open source to solve real-life business problems. It’s a continuation of the work that I’ve been doing the past 20 years.”

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