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3PAR (PAR) : Appoints VP of Engineering and Expands CTO Office

A clear sign that 3PAR is expanding.

For a company that is in an industry that thrives on successful delivering new leading products, it is important that there are sufficient people to lead engineering.

A new VP will allow the foundinng team of Jeff Price and Ashok Singal to focus on more critical design issues. I believe, the new VP (Peter Slocum) role is more focus on product delivery.

I see this as a plus point for 3PAR and a possible sign that there is a growing demand to have more products that address market needs.

I will keep this addition at the back of my head. Earnings season ahead. Need to find out also about their revenue growth and cashflows.

Source article for VP appointment:

http://www.marketwire.com/press-release/3Par-NYSE-PAR-978757.html