Cyber-Ark Appoints Networking Communications Industry Veteran Edward Gregory as President.Business Editors/High-Tech Writers CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International Conference and Exhibition CHICAGO--(BUSINESS WIRE)--Nov. 11, 2002 Former Shiva Shiva or Siva (shē`və), one of the greatest gods of Hinduism, also called Mahadeva. The "horned god" and phallic worship of the Indus valley civilization may have been a prototype of Shiva worship or Shaivism. , Comverse and AT&T Executive Brings Outstanding Record of Building Rapid Revenue Growth, Dominant Market-Share and Successful Alliances Cyber-Ark(R) Software Inc., the leader in vaulting security software that creates safe havens Safe Havens is a comic strip drawn by cartoonist Bill Holbrook and syndicated by King Features Syndicate. Started in 1988, the strip is currently published in more than 50 newspapers. for securing and sharing vital company information, today announced that Edward Gregory has joined the Company as president. In this position, Gregory will build the Company's market position and revenue growth in the Americas, including managing sales, marketing and technical services, as well as establishing strategic and channel alliances, ensuring Cyber-Ark's continued success and expansion. Gregory brings more than two decades of industry experience in strategic sales, marketing and general management to Cyber-Ark, including positions at Comverse, Shiva and AT&T. Most recently, he was vice president of sales and marketing at Comverse, a leading global provider of carrier-class enhanced services platforms to telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. operators. At Comverse, Gregory led the development and execution of Comverse's go-to-market plan in the Americas' wireless market, as well as explosive revenue and market share growth in this strategic market segment. The addition of Gregory continues Cyber-Ark's recent growth and momentum. Earlier this year, Cyber-Ark completed a second round of $12 million in funding and was awarded a patent for its unique Vaulting Technology. "Cyber-Ark has enjoyed great initial success in developing and bringing its innovative information security solutions to Fortune 500 companies," said Alon Cohen Alon Cohen (born in Israel, 1962) is the co-founder of VocalTec Inc. (1989) and the inventor of the Audio Transceiver (U.S. Patent 5,825,771 , 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. and founder of Cyber-Ark. "Ed will play a pivotal role as we take the Company to its next stage of growth. His tremendous track record and ability to create high-performance teams, strong customer relationships and dominant market positions will be instrumental in expanding Cyber-Ark's early success." Rather than trying to protect the entire enterprise, Cyber-Ark provides a safe haven 1. Designated area(s) to which noncombatants of the United States Government's responsibility and commercial vehicles and materiel may be evacuated during a domestic or other valid emergency. 2. , highly secured regardless of overall network security, where information can be stored and shared. Cyber-Ark's patented Vaulting Technology substantially decreases costs, improves security, and enhances the performance associated with sharing information internally, with business partners and with remote offices. "Enterprises are watching the perimeter of their business become increasingly transparent--and virtually impossible to protect with traditional security approaches," said Ed Gregory Ed Gregory is a former basketball scout, coach, and executive. In the 1960s he was the head men's basketball coach at Fresno State University; he also coached at UNLV. . "Cyber-Ark's Network Vault and Inter-Business Vault solutions are already helping dozens of customers worldwide embrace a new approach to secure network communications, without a forklift upgrade to their massive security investment. I look forward to working with Alon and the rest of the outstanding team at Cyber-Ark to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this early growth and to build a leader at the forefront of a new generation of secure communications." Prior to Comverse, Gregory was vice president of worldwide sales and support for Voice Control Systems, a speech recognition company now owned by Philips. He came to Voice Control Systems from Shiva Corporation, where he served as vice president of global business development and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and sales. At Shiva, Gregory led the company's merger and acquisition initiatives and led the successful development of the company's strategic alliance with Nortel. Under his leadership, the company's OEM business grew more than 150 percent in one year. Gregory has served in other senior management positions at PictureTel, Computer Consoles and AT&T. Additionally, he serves on a number of advisory boards and technology councils. Gregory holds a B.S. in Marketing from Boston College's Carroll School of Management  The Carroll School of Management is a graduate and undergraduate business school and one of the professional schools of Boston College. , where he graduated with honors. Networking and Security Marketing Veteran Also Joins Simultaneously, Cyber-Ark is announcing that Richard April has taken the position of senior director of marketing. In this position, April is responsible for the Company's marketing and product marketing programs, including developing and executing the product strategy and marketing plan, media and analyst relations Analyst relations is a corporate communications and public relations activity whereby businesses aim to influence technology industry analysts (also known as research analysts) who work for independent research and consulting firms. The two largest U.S. , branding and marketing communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales . April has more than 13 years experience in the security, software, networking hardware Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, access points, network interface cards and other related hardware. and computer industries. He has extensive experience in start-ups, with a proven track record of successfully launching products and developing marketing programs that lead to significant increases in corporate growth and profitability. April has held a number of senior director level marketing roles, the most recent of which was at Quarry Technologies, a designer and manufacturer of a high-end security switch/router, where he successfully developed and executed a marketing strategy, designed and implemented a branding strategy, and managed a highly effective public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most program. About Cyber-Ark Cyber-Ark Software Inc., is the leading provider of vaulting security software that leverages its unique patented Vaulting Technology to create safe havens for securing and sharing vital company information. The Company's award-winning Network Vault(R) and Inter-Business Vault(TM) solutions enable a truly secure extended enterprise by providing an infrastructure that allows for completely transparent, yet totally secure, intra- and inter- business communications. Founded by a group of leading military security experts and computer engineers, Cyber-Ark Software is privately held and backed by some of the world's most successful venture capitalists, including Jerusalem Venture Partners, Seed Capital Partners (a SOFTBANK Affiliate), JP Morgan/Chase Partners, Vertex Management and Nomura International Plc. The Company is located in Dedham, Mass. and on the World Wide Web at www.cyber-ark.com Cyber-Ark, Network Vault and Inter-Business Vault are trademarks of Cyber-Ark Software Ltd. in the U.S. and/or other countries. All rights reserved. |
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