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Foundstone Names Mark St. Clare as Strategic Advisor; Software Industry Veteran with Public Board Experience to Provide Counsel to Executive Team.


Business Editors/High-Tech Writers

MISSION VIEJO, Calif.--(BUSINESS WIRE)--Dec. 17, 2003

Foundstone Inc., experts in strategic security, today announced that Mark St. Clare will serve as a strategic advisor to the company. In this role, St. Clare will provide additional insight on corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
 and business growth to the Foundstone executive team.

St. Clare also holds a seat on the board of directors for Websense (Nasdaq:WBSN WBSN Websense, Inc. (stock abbreviation, AMEX)
WBSN Work Breakdown Structure Number
), an employee Internet management software See Internet monitoring.  company, where he is chairman of the audit committee and a member of the nominating and corporate governance committees.

"To optimize Foundstone's rapid growth, we've sought out experienced corporate leaders like Mark for their unique insight," said George Kurtz, chief executive officer of Foundstone. "Mark's experience with public software companies, as well as his extensive professional network, will be beneficial as Foundstone strengthens its leadership position in vulnerability management."

"Foundstone is highly respected within the high growth enterprise security software space," commented Mark St. Clare. "I look forward to working with the Foundstone management team to further leverage the strategic advantages of the company."

Before joining Websense's board, St. Clare was vice president and chief financial officer for Access360, an identity management software company, and managed its successful sale to 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)  (NYSE NYSE

See: New York Stock Exchange
:IBM) in October 2002. Previously St. Clare was vice president and chief financial officer for Nexgenix, a business intelligence software company, where he helped raise $15 million in venture capital in 2000.

From 1985-1999, St. Clare served as senior vice president and chief financial officer of FileNET Corp. (Nasdaq:FILE), an integrated document management software company. At FileNET, he helped to secure series C and D venture capital funding and led a successful initial public offering in July 1987. St. Clare also managed the acquisition of Saros and Watermark watermark: see paper.


See digital watermark.
 during his tenure at the company, as well as led all worldwide financial and IT functions from start-up stage through $350 million in revenue.

St. Clare has also held positions in finance at Alpha Micro Corp., Basic Four Corp. and KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm)
KPMG Kaiser Permanente Medical Group
KPMG Keiner Prüft Mehr Genau (German)
KPMG Kommen Prüfen Meckern Gehen
 LLP LLP - Lower Layer Protocol . He earned a bachelor of accounting degree from Denver University and is a certified public accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
.

About Foundstone

Foundstone(R) Inc., experts in strategic security, offers a unique combination of software, services, and education to help organizations continuously and measurably protect the most important assets from the most critical threats. Through a strategic approach to security, Foundstone identifies and implements the right balance of technology, people, and process to manage digital risk and leverage security investments more effectively. The company has one of the most dominant security talent pools ever assembled, and has authored twenty books, including the best-seller Hacking Exposed. Foundstone customers include six of the top 11 Fortune companies and many U.S. government agencies. The company is headquartered in Orange County, Calif., and has offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Washington, Seattle and Singapore. For more information about Foundstone, visit www.foundstone.com, or call 877.91.FOUND within the U.S, and 949-297-5600 outside the U.S.

Note to Editors: Foundstone is a trademark of Foundstone Inc. All other companies, brand names or products are trademarks or registered trademarks of their respective companies.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 17, 2003
Words:521
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