Bruce M. Jaffe, Chief Financial Officer, VirtualLogix, Inc. (Photo: Business Wire)

SUNNYVALE, Calif.-- (BUSINESS WIRE) -- VirtualLogix, Inc., a leader in virtualization technology, today announced that industry veteran Bruce Jaffe has joined the company as Chief Financial Officer responsible for all finance, human resources and operations. Jaffe will report to Glenda Dorchak, Chief Executive Officer (CEO) of VirtualLogix.

“We’re pleased to bring in someone of Bruce’s caliber and experience in financial leadership positions to VirtualLogix,” said Dorchak. “His strong background in software and the semiconductor ecosystem coupled with broad functional expertise and a track record for scaling up fast-growing companies will be highly valuable assets to help VirtualLogix execute its growth plans.”

Jaffe most recently served for five years as vice president and CFO at LogicVision, Inc. (NASDAQ:LGVN), which provides a portfolio of software products for the automated development, integration and deployment of embedded test technology related to the design of semiconductors. There, Jaffe was responsible for all financial operations, including SEC reporting, budgeting and forecasting, investor relations (IR) and commercial banking, as well legal, HR and IT.

Jaffe’s prior experience includes senior vice president and CFO for Bell Microproducts (NASDAQ:BELM) and a long-term career in the financial path, including CFO at Bell Industries (NYSE:BI). His board experience includes outside director positions with three publicly traded companies: Pemstar, Inc., Metron Technology and Southwall Technologies.

A certified public accountant, Jaffe started his career at Price Waterhouse as a senior accountant. He earned a bachelor of science degree in Business at the University of Southern California.

About VirtualLogix

VirtualLogix™, Inc. is the global leader in Real-Time Virtualization™ software technology for mobile products including wireless handsets. VirtualLogix’s flagship product, VLX, enables multiple operating system environments to run concurrently on shared hardware for both Intel and ARM-based solutions. VLX delivers isolation technology and virtualization that improves power management, performance, application independence, fault tolerance and security options, which can be tailored to address specific market requirements. This enables developers to reduce R&D costs, accelerate adoption of the latest silicon solutions, improve time to market and deliver improved mobile device security. VirtualLogix is accelerating the availability and innovation in the next generation of wireless devices. For more information, go to www.virtuallogix.com.

VirtualLogix Inc. is headquartered in Sunnyvale, California with operations in France, Japan, China, and Korea.

VirtualLogix, the VirtualLogix Logo, VLX, and Real-Time Virtualization are trademarks of VirtualLogix Corporation.

All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.

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