SafeNet Appoints Charles J. Neral Chief Financial Officer.BALTIMORE -- SafeNet, Inc., a global leader in information security, now affiliated under common management with Aladdin Knowledge Systems Aladdin Knowledge Systems NASDAQ: ALDN is a company that provides solutions for software digital rights management and Internet security since 1985. Its corporate headquarters are located in Tel Aviv, Israel. , today announced that Mr. Charles J. Neral ne·ral n. A structural isomer of citral that is obtained from the oxidation of nerol and is used to make perfumes and flavorings. [ner(ol) + -al3.] has joined SafeNet as Senior Vice President and Chief Financial Officer (CFO See Chief Financial Officer. ). "Charles brings more than two decades of technology industry financial leadership to SafeNet. He is well prepared to enhance SafeNet's accounting, control and finance functions," said Mark Floyd, 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. , SafeNet. "As our business and customers span across more than 100 countries, Charles' international experience, particularly in Asia Pacific, will provide direction for the Company's continued growth and global operations. His experience with acquisitions will add to the continued growth of SafeNet." Previously, Mr. Neral served as the Vice President of Finance for IBM's $22 billion software business. In this role, he was responsible for global financial planning, analysis, business controls and business development and helped lead significant organic and acquisitive growth for 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) . Prior to this, Mr. Neral served in a variety of positions across IBM's Sales, Server and Global Services organizations including executive roles in Asia Pacific and IBM Corporate Headquarters. Charles Neral commented, "I welcome the opportunity to join SafeNet's strong management team. SafeNet has a long history as a leader in information security and I believe we have only begun to tap the potential of the Company, its solutions and its people. I look forward to the many challenges and successes that lie ahead." Mr. Neral holds 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 Finance from 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 as well as a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Computer Science from Indiana University of Pennsylvania History IUP was founded in 1875 as a normal school by investors in Indiana County. It followed the mold of the French Ecole Normale. When it opened its doors it enrolled just 225 students. . About SafeNet and Aladdin Knowledge Systems In 2007, SafeNet was acquired by Vector Capital, a $2 billion private equity firm specializing in the technology sector. Vector Capital acquired Aladdin in March of 2009, and placed it under common management with SafeNet. Together, these leading global companies are the third largest information security company in the world, and brings to market integrated solutions required to solve customers' increasing security challenges. SafeNet's encryption technology solutions protect communications, intellectual property, and digital identities for enterprises and government organizations. Aladdin's software protection, licensing, and authentication solutions protect companies' information, assets and employees from piracy and fraud. Together, SafeNet and Aladdin have more than 50 years of security expertise in more than 100 countries around the world. Aladdin is expected to be fully integrated into SafeNet in the future. For more information, visit www.safenet-inc.com or www.aladdin.com. Editor's Note: SafeNet is a registered trademark of SafeNet, Inc. All other trademarks are the property of their respective owners. |
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