Black Duck Software, the leading global provider of software component management solutions, today announced that Bill McQuaide has joined the company as Senior Vice President of Product Development. McQuaide, formerly of RSA Security and HP, will direct Black Duck’s strategic product initiatives, including developing product strategies, defining products that satisfy the needs of Black Duck’s growing customer base and managing the product development functions.

“Black Duck is the leader in providing solutions that enable enterprises, software developers, embedded software providers and others to safely use open source and third-party software components, while mitigating business risks,” said Douglas A. Levin, President and CEO of Black Duck Software. “Bill McQuaide brings a rare blend of executive experience and product development acumen that will be vital to Black Duck as we quickly evolve and expand our product line and breadth of solution offerings in the coming year.”

McQuaide has 20 years of technology experience and executive leadership spanning engineering, product management, marketing and business development. He comes to Black Duck after spending 10 years with RSA Security during which time the company experienced rapid growth. RSA Security was acquired by EMC Corporation in 2006. He most recently served as a Senior Vice President of the Enterprise Solutions Group and Corporate Development.

McQuaide’s previous experience includes four years at Hewlett-Packard, where he led the Product Management and Channel Development teams for the company’s Technical Systems Division. In prior positions, McQuaide worked for Data General, Stardent Computer and Apollo Computer, where he was instrumental in defining and launching successful hardware and software products.

“2007 has been a dynamic year for Black Duck, during which the company introduced transactIP to support the due diligence process, and enhanced its protexIP platform with features specific to recent open source project license changes” said McQuaide. “I’m pleased to join the company during an inflection point in Black Duck’s growth and expansion into a provider of complete software component management solutions.”

About Black Duck Software
Black Duck Software™ is the leading global provider of managed software component solutions. The company helps organizations safely use open source and third-party code components while managing their software licensing obligations and mitigating business risks. Black Duck provides products and services that help enterprises, software developers, outsourcers, law firms and investors understand the composition and origin of software. By enabling organizations to fully manage component reuse within the software development lifecycle, Black Duck helps companies produce better quality software, reduce development and maintenance costs, and speed time-to-market. For more information, visit www.blackducksoftware.com.