Baltimore Technologies Appoints Two New Non-Executive Directors to Board.Business Editors LONDON--(BUSINESS WIRE)--August 2, 2000 John P. Cunningham and George W. Powlick Bring Extensive Experience in Strategic Investments, Acquisitions and Corporate Finance Baltimore Technologies (London:BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines )(Nasdaq:BALT BALT bronchus-associated lymphoid tissue. BALT Bronchiole-associated lymphoid tissue, see MALT ), a global leader in e-security solutions, today announced the appointment of John P. Cunningham and George W. Powlick as non-executive Directors to its Board. These two new appointments are effective immediately. "Baltimore Technologies has experienced exceptional growth and success in the e-security sector. We are now pleased to welcome both George and John to our Board of Directors. Their combined expertise in technology, corporate transactions, investment and finance will add extra strength and depth to the Board and will help continue Baltimore's strong growth record," commented Fran Rooney, Chief Executive Officer of Baltimore Technologies. "We look forward to their contribution as Baltimore continues to expand as a leader in the e-security marketplace." John P. Cunningham is Senior Vice President and Chief Financial Officer of Citrix Systems, Inc., a global leader in application server software and services. Prior to joining Citrix, he served as Executive Vice President and CFO See Chief Financial Officer. of Wang Global. Cunningham's executive experience also includes the presidency of Boston Optical Fibre and held the position of Executive Vice President and CFO of Whirlpool Corporation and Maytag Corporation. He is an acknowledged expert on the technology sector having spent over 25 years at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Corporation. Cunningham earned his MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in international finance at New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the and his Bachelor's degree in Finance and Accounting from Fordham University. George W. Powlick is Managing Director of Doughty Hanson & Co., a leading independent European private equity firm, and co-head of Doughty Hanson & Co Technology, a technology investment fund. With extensive experience in technology, venture investments and acquisitions, George Powlick has successfully completed transactions with leading technology companies in both Europe and U.S. Prior to joining Doughty Hanson & Co, he was head of Intel Corporation's Strategic Investments and Acquisitions Group in Europe where he was responsible for making strategic investments, acquisitions and developing new business opportunities for Intel. During his time at Intel he invested in companies such as Baltimore Technologies, Bookham Technology, Brokat Infosystems, CitySearch.com. CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) , Enba, Geocities and Lernout & Hauspie. Powlick holds an MBA from The Anderson School at UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX and a BS degree from the University of California, Berkeley The University of California, Berkeley is a public research university located in Berkeley, California, United States. Commonly referred to as UC Berkeley, Berkeley and Cal . About Baltimore Technologies Baltimore Technologies develops and markets security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) products and services, wireless e-security solutions, cryptographic tool-kits, security applications and hardware cryptographic devices. Baltimore's global professional services organisation offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld Channel program. TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners. Baltimore Technologies employs over 730 people worldwide and operates from 28 cities with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (BLM). Intel Corporation is a minority shareholder in the Company. Baltimore Technologies, e-security, Telepathy telepathy, supposed communication between two persons without recourse to the senses. The word was formulated in 1882 by Frederic William Henry Myers, English poet, essayist, and a leading founder of the Society for Psychical Research in London. , TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, PKI-Plus and J/CRYPTO are all trademarks of Baltimore Technologies plc. All other trademarks are the property of their respective owners. Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements implied by such forward-looking statements. For further information and press releases on Baltimore Technologies, please visit http://www.baltimore.com. NOTE TO EDITORS: In the name e-security noted in this news release, there is a vertical line between e and security. This symbol may not appear properly in some systems. |
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