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PGP CORPORATION ANNOUNCES ADDITION OF INDUSTRY VETERANS TO
MANAGEMENT TEAM
New execs to lead major initiatives in Products, Sales, and
E-Commerce
Palo Alto, CA/25 August, 2005 – PGP
Corporation, a global leader in enterprise data security and
encryption solutions, today announced two additions to the PGP
management team: Steven Schoenfeld as Vice President Products
& Strategy and Denise Hayman as Vice President of North
American Sales. In addition, Doug McLean will assume the newly
created role of Vice President Online Operations & Commerce
and Brian Draves has been promoted from Director of Legal Affairs
to General Counsel. These changes provide depth and industry
expertise, enabling PGP Corporation to respond more quickly to
specific enterprise requirements in the areas of product
development, customer relationships, and contracts.
Steven Schoenfeld, Vice President Products & Strategy
Most recently, Mr. Schoenfeld was Director of Product
Management at Check Point Software Technologies for more than 6
years, where he helped grow revenue from $86 million to more than
$500 million. While there, he was a member of the
company"s Product Council, which oversaw product strategy,
execution, and measurement. Prior to Check Point, he was a key
member of the management staff for Pretty Good Privacy
(PGP)/Network Associates, where he led the strategy, definition,
and product management of client and server products into corporate
markets.
“My experience with PGP products goes
back to 1996, when we conceived of and delivered the first PGP
product suite for the enterprise,“ said Mr. Schoenfeld.
“Since then, PGP products have advanced significantly,
based on the PGP Universal platform. My focus is on delivering
world-class enterprise products that secure all aspects of data in
motion and at rest.”
Denise Hayman, Vice President North American Sales
Most recently, Ms. Hayman was Vice President Sales for Vontu,
Inc., where she focused on presenting emerging technology offerings
in data loss prevention software and services to Fortune 500
enterprises. Previously, she was Senior Vice President, Worldwide
Sales and Business Development, for Tripwire, a leading provider of
data and network integrity solutions, where she crafted the
company"s worldwide sales and channel strategy. Before
Tripwire, Ms. Hayman spent 10 years at Symantec Corp., lastly as
Senior Director, U.S. Corporate Sales and Marketing, driving 100%
annual revenue growth.
“My experience is that enterprise
customers must understand technical products in depth before they
can make an informed decision,” said Ms. Hayman.
“My task will be to enable customers to make those
decisions by providing them the details they need about the PGP
Universal platform and the PGP encryption applications suite. I
believe that once customers understand the innovation,
sophistication, and comprehensive nature of these products, they
will be interested in engaging PGP Corporation as a long-term
security and infrastructure partner.“
Doug McLean, Vice President Online Operations & Commerce
Mr. McLean most recently served as Vice President of Products
for PGP Corporation. Before joining the company, he was Vice
President of Corporate Marketing at Postini, a leading provider of
enterprise email anti-spam and anti-virus perimeter solutions.
Prior to Postini, he served as Vice President for Launch Pad. He
has also held management positions at Xerox Corp., Apple Computer,
and Hewlett-Packard and has led e-commerce initiatives at Netcom
and Software Buyline.
“Our corporate website and store are the
primary way in which many of our customers gather information on
and interact with PGP Corporation,” said Mr. McLean.
“By improving the usability of these sites and expanding
our e-commerce offering, we'll be able to materially grow
the company"s business and form tighter relationships with
our customers.”
Brian Draves, General Counsel
Mr. Draves most recently served as sole in-house Counsel and
Director of Legal Affairs at Scale Eight, Inc., a data storage
software firm for which he spearheaded corporate development,
licensing, and pre-IPO financing. Prior to Scale Eight, he
represented a variety of technology companies and venture capital
funds as a corporate and securities attorney focused on emerging
growth companies at the law firm Cooley Godward LLP.
“PGP Corporation has a long history of
standing firm on its users" right to protect their
correspondence and data,” said Mr. Draves.
“That mandate creates an exciting opportunity to work
together with corporations, individuals, and legislators to protect
our customers' fundamental right to data privacy - one of
the most prominent current legal debates.”
About PGP Corporation
The global customer standard for encryption and
digital-signature solutions, PGP Corporation develops, markets, and
supports an integrated data security suite used by more than 30,000
enterprises, businesses, and governments worldwide, including 84%
of the Fortune® 100, 66% of the Fortune® Global
100, and thousands of individuals and cryptography experts.
Customers depend on PGP solutions for regulatory and audit
compliance, to protect confidential company information, to secure
customer data, and to keep identity information private.
During the past ten years, PGP® technology has earned a
global reputation for innovative, standards-based, trusted
solutions. The flexible PGP suite allows customers to phase-in
gateway, partner, mobile or internal email security; data storage
protection for laptops, desktops, and removable media; IM
encryption; and FTP/batch transfer security using a single key
management and recovery infrastructure. PGP Corporation is the only
commercial security vendor to publish source code for peer review.
Contact PGP Corporation at
www.pgp.com or +1 650 319
9000.
.
Media & analyst contact for PGP Corporation:
John Tran
Neale-May & Partners
+1 650 328 5555 ext. 277
jtran at nealemay dot
com
###
Legal Notice Regarding Forward-Looking Statements
Some of the statements in this press release are forward-looking,
including the statements regarding the availability, plans,
delivery, goals, development, expected features, expected benefits
and competitive position of PGP products, including PGP Universal,
PGP Corporate Desktop, PGP Workgroup Desktop, PGP Personal Desktop,
PGP Mobile, and PGP SDK; and other PGP products implementing or
leveraging the PGP technologies. All references made to product
feature enhancements, improvements in platform support or
additional functionality are subject to change at solely PGP
Corporation"s discretion. All descriptions of future PGP
technology and products are subject to availability only if PGP
Corporation decides to build them and when PGP Corporation decides
to make them commercially available. Actual results could differ
materially from those expressed in any forward-looking statements.
Risks and uncertainties that PGP Corporation faces that could cause
results to differ materially include risks associated with any
unforeseen technical difficulties or software errors related to the
final development and launch of any of PGP Corporation"s
products; any technological or standards changes in the security,
encryption and authentications market which could make PGP
Corporation"s products less competitive or require feature
changes in these products; any slowdown in the adoption by
businesses of encryption suites, secure email, Internet
technologies or related standard. The forward-looking statements
contained in this release are made as of the date hereof, and PGP
Corporation does not assume any obligation to update such
statements nor to publicize the reasons why actual results could
differ materially from those projected in such statements
PGP and the PGP logo are registered trademarks of
PGP Corporation. Product and brand names used in the document may
be trademarks or registered trademarks of their respective owners.
Any such trademarks or registered trademarks are the sole property
of their respective owners.
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