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Massively Parallel Names CEO

Louisville, Colorado-based Massively Parallel Technologies said Thursday that it has named Dr. John Gustafson CEO of the firm. Gustafson joins the company from Clearsteed Technology, a maker of high performance computing (HPC) products. Former CEO Scott Smith becomes Chairman of MPT's board with the appointment. Massively Parallel Technologies said it is developing products and services that dramatically enhance the performance of compute clusters; the firm has not yet launched or disclosed its products.