Captus Networks Appoints Jack Musgrove as Vice President, Marketing.Business Editors/High-Tech Writers WOODLAND, Calif.--(BUSINESS WIRE)--Oct. 30, 2001 Captus Networks, the leader in protecting networks from Denial of Service A condition in which a system can no longer respond to normal requests. See denial of service attack. (DoS) attacks, today announced it has appointed Jack Musgrove as vice president, marketing. Musgrove will oversee strategic planning, new product, and channel development as Captus continues to widen its reach into the international market. Musgrove brings to Captus more than 20 years of strategic planning and product development experience in networking and telecommunications. Most recently, he was director of marketing at Cisco Systems, Inc., where he led Cisco to the number one position in the remote access market and launched its market-leading VoIP gateway. Prior to that, he brought numerous communications products to market as vice president, marketing for Digital Link Corp. and Telco Systems, Inc. "We believe that Captus Networks has been successful in adding one of the strongest marketers in the business today to our executive management team. To that end, Jack's addition will be another key factor in sustaining our leadership position in this marketplace," said Richard G. Helgeson, Captus' president 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. , to whom Musgrove reports. "He has a proven track record in bringing new technologies to the forefront, and understands how to translate market requirements into successfully integrated products and services." Everett Cox, general partner of St. Paul Venture Capital, commented, "The caliber of Musgrove, a senior executive in this market segment, is an indicator of the strength of Captus Networks as a company, and a vote of confidence for the technology behind its products." "Jack Musgrove has a strong record of wins in this market," said David Mock, director of Captus and principal of GMS GMS Greater Mekong Subregion GMS Global Mobile (Communications) System GMS Guild Management System GMS General Medical Services GMS Global Management System (Sonicwall) GMS GroupWise Mobile Server Capital Partners. "It's a very competitive time to be in the network security industry. The need for solutions has never been greater. Jack's tenured ten·ured adj. Having tenure: tenured civil servants; tenured faculty. Adj. 1. tenured experience in networking technology and partnership development represent the key attributes required in the marketplace today." Musgrove holds bachelor's of science degrees in computer science and business administration from California State University, Northridge CSUN offers a variety of programs leading to bachelor's degrees in 61 fields and master's degrees in 42 fields. The university has over 150,000 alumni. It's also home to a summer musical theater/theater program known as TADW (TeenAge Drama Workshop) that leads teenagers through an . He also has an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in marketing from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission . Captus Networks Captus Networks Corp. is an innovative, privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that designs, manufactures and markets integrated security hardware devices. In June 2001, Captus Networks closed a second round of financing, receiving $17.6 million from GMS Capital Partners, LP, St. Paul Venture Capital, Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Partners, H.I.G. Ventures, and several individual investors. In its initial round of funding in May 2000, the company raised $3.5 million in venture capital from GMS Capital Partners. Captus Networks' vision is to be the preeminent supplier of high performance, integrated network security devices and services for the e-business marketplace. The company's executive offices are located in Woodland, Calif., near Sacramento. Captus Networks can be contacted on the World Wide Web at www.captusnetworks.com or by calling (877) 9-CAPTUS. |
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