Michael Marks Elected to Sun Microsystems Board of DirectorsKKR Senior Advisor Brings Successful Track Record as Technology Executive to Board Santa Clara, Calif. April 26, 2007 Sun Microsystems, Inc. (NASDAQ: SUNW) today announced that Michael E. Marks has been elected to the Company's board of directors. A senior advisor with Kohlberg Kravis Roberts & Co. ("KKR"), one of the oldest and most experienced private equity firms, Marks was nominated by the firm to join Sun's board as part of the previously announced $700 million private placement transaction with KKR Private Equity Investors, L.P. (Euronext Amsterdam: KPE), the publicly traded fund of KKR.
"Michael plays a key role in building out KKR's premier technology portfolio. The firm's investment in Sun marked a strong endorsement that our strategy is working, our management team is executing and our momentum is building," said Jonathan Schwartz, CEO and president of Sun Microsystems. "We are excited to welcome Michael to our team, and look forward to leveraging his deep insight and expertise as we continue to pursue strategic opportunities for growth." Prior to joining KKR in 2006, Marks served as chief executive officer of Flextronics, a leading electronics manufacturing services provider of which he remains chairman of the board. He joined Flextronics as a director in 1991, and became its CEO in 1994. Marks currently serves on the boards of three KKR portfolio companies including Aricent (as Chairman of the Board), Avago Technologies Ltd. and Accellent. He is also a director of SanDisk Corporation and Schlumberger Limited. Marks holds both a bachelor of arts and master of arts from Oberlin College, and an MBA from Harvard Business School. About Sun Microsystems, Inc.A singular vision -- "The Network Is The Computer" -- guides Sun in the development of technologies that power the world's most important markets. Sun's philosophy of sharing innovation and building communities is at the forefront of the next wave of computing: the Participation Age. Sun can be found in more than 100 countries and on the Web at http://sun.com. Sun, Sun Microsystems, the Sun logo, Solaris, and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. Press Release Finder
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