AXENT Technologies Names Phil Salopek Vice President, Finance; Company's First Quarter results available on April 26, 2000.Business/Technology Editors ROCKVILLE, Md.--(BUSINESS WIRE)--April 17, 2000 AXENT Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AXNT), one of the world's leading Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. providers for e-business, said today that Phil Salopek has been named vice president, finance. He has most recently been director of finance, and he has been with the company since 1992, prior to its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in 1996. Mr. Salopek succeeds Bob Edwards, who also held the position of CFO See Chief Financial Officer. ; Mr. Edwards has decided to pursue other career opportunities with a start-up company start-up company A new business. . The company also confirmed that first quarter results for the three month period ending March 31, 2000 will be made available on April 26, 2000 after the market closes and will be followed by a conference call with management. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Becker said that in addition to Salopek's promotion, the company is initiating a search for a CFO. "We have a very deep and talented financial and administrative team in place, and we expect no disruption in our operations," Becker said. "Phil has clearly demonstrated that he has earned this promotion, and we wish Bob good luck in his new endeavors." About AXENT(R) AXENT Technologies, Inc., a global leader in information security, provides e-security solutions that maximize our customers' business advantage. AXENT delivers integrated products and expert services to assess, protect, enable and manage business processes and information assets. Through its unique Lifecycle Security(TM) methodology combined with Smart Security Architecture, AXENT delivers the "right" level of security for customers. Award-winning solutions offer assessment and policy compliance, firewall, intrusion detection, authentication, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. , Web-access, single sign-on and user administration for the entire enterprise. Headquartered in Rockville, MD, AXENT's customer-proven information security solutions are used by 45 of the Fortune 50, one-third of the Fortune e-50 and governments worldwide. Contact AXENT via e-mail at info@axent.com, or visit AXENT's World Wide Web site at http://www.axent.com. AXENT, AXENT Technologies, the AXENT logo, and Lifecycle Security are trademarks or registered trademarks, in the United States and certain other countries, of AXENT Technologies, Inc. or its subsidiaries. |
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