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Kalkhoven Joins iRise Board of Advisors
iRise®, the world's leading application definition software and services company, today announced that Kevin Kalkhoven, former CEO of JDS Uniphase (JDSU) and co-owner of the Champ Car World Series and PKV Racing has joined the iRise Board of Advisors.

“As a CEO who funded IT initiatives during his tenure at JDSU, Kevin immediately recognized the difficulty in defining business applications, and likewise, the opportunity iRise has to solve that widespread problem,” said Emmet B. Keeffe III, chief executive officer and co-founder of iRise. “Kevin’s acumen when it comes to growing a company – both from a sales and global operations perspective – will help us tremendously as we scale the company to achieve our vision of simulating all business applications by 2020.”

“From having understood the immense value in IT investment for business innovation throughout my corporate career, it is very apparent that iRise can dramatically improve time-to-market for business products and services simply by simulating them before they’re built,” said Mr. Kalkhoven. “For many years, the racing industry has long understood the power of simulation to generate the most optimal performance and gain a competitive edge. I look forward to collaborating with iRise on their vision.”

Having joined Uniphase Corporation in 1992 as CEO, President and Chairman, Mr. Kalkhoven oversaw the company’s transformation from a privately held manufacturer of industrial lasers into a publicly held leading global supplier of components and modules for today’s advanced fiber optic telecommunications networks and a member of the NASDAQ 100. While Mr. Kalkhoven served as CEO, the Company’s annual sales rate increased over 67-fold from $23 million in fiscal 1991 to the $394 million reported for the quarter ended March 31, 2000. During his tenure, the market cap of the company grew from $35 million to $100 billion. As CEO of Uniphase, he oversaw its merger with JDS FITEL in July of 1999 and the emergence of the combined entity as a leader in the fiber optic components and modules marketplace. Mr. Kalkhoven retired from JDS Uniphase in May 2000 and co-founded the venture firm Kalkhoven, Pettit, Levin & Johnson Ventures LLC in August 2000.

Prior to his role at JDS Uniphase, Mr. Kalkhoven held executive positions at a variety of software companies. He served as President and CEO of Demax Software and as President and CEO of AIDA Corporation. Previously, he was Vice President of Marketing for the European division of Comshare Corporation and Group Vice President for the U.S. Company. Currently, Mr. Kalkhoven co-owns the Champ Car World Series and PKV Racing Team, respectively.

A noted philanthropist, Mr. Kalkhoven has donated substantially to the Canary Foundation, which is dedicated to the early detection of cancer; is a trustee of the Lizard Island Marine Research Station on Australia’s Barrier Reef and is a donor to the Ansari X Prize, a competition to build privately funded manned passenger spacecraft. Mr. Kalkhoven was noted in May 2000 Worth magazine as one of America’s Top 50 CEOs.

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