Vormetric Inc. Names Enterprise Technology Veteran, Reed Taussig, as President and CEO.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Appointment Strengthens Expertise in Enterprise Deployments and Continued Focus on Key Vertical Markets Vormetric Inc., the leading provider of security solutions for protecting sensitive information, announced today the appointment of Reed Taussig as 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. . Mr. Taussig, who brings more than 25 years of experience in computer software and hardware, replaces retiring CEO Bill Schroeder For the baseball player, see . William Fredrich Schroeder (born January 9, 1971, in Eau Claire, Wisconsin) is a former American football wide receiver in the NFL. He attended Sheboygan South High School and then went on to the University of Wisconsin-La Crosse, where he starred , who held the position since 2002. "Bill has been instrumental in building Vormetric into the market leader it is today. The data privacy and protection market is rapidly gaining recognition and momentum," said Mr. Taussig. "Vormetric's products are now production tested and we have achieved significant industry recognition including the recent 2004 Computerworld Innovative Technology Award. Our customers have become evangelists for Vormetric's innovative approach to solving their most critical data privacy and information protection needs and we are now ready to rapidly deploy our products and solutions in large scale production environments across the industries we serve." "Reed fits perfectly with Vormetric's vision for the future of information protection," said Mark Pine, Vormetric board member and managing director of Sigma Partners Sigma Partners is a major venture capital firm based in Silicon Valley and Boston. Sigma Partners invests in early-stage information technology companies (semiconductor, software and hardware). The firm was founded in 1984 by J. Burgess Jamieson and C. Bradford Jeffries. . "We have enjoyed great traction in the market to date, and Reed has the knowledge and ability to take it to the next level. His deep operations Deep operations was a military doctrine developed by the Soviet Union for its armed forces during the 1920s and 1930s. It was fully developed with the 1936 Field Regulations. and sales experience complements Vormetric's existing technology expertise, making for the best combination of solutions and service for Vormetric's customers." Mr. Taussig has more than 15 years of senior executive experience. Most recently, Mr. Taussig served as president and CEO of Callidus Software (Nasdaq:CALD CALD chronic active liver disease. ), the leading provider of Enterprise Incentive Management application systems. He joined the company as founding CEO in 1997 and built the company to more than $70 million in revenue and 350 employees. Prior to Callidus Software Mr. Taussig was co-founder, president and CEO of inquiry.com, a Web-based exchange and research facility for information technology professionals. In addition to his years as CEO, Mr. Taussig has held global operations positions with leading enterprise application providers including Gupta Corporation (now Centura Software Corporation) where he served as senior vice president North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations. and with Unify Corporation, an e-commerce application software company. Mr. Taussig holds a B.A. in Economics from the University of Arizona (body, education) University of Arizona - The University was founded in 1885 as a Land Grant institution with a three-fold mission of teaching, research and public service. . About Vormetric Vormetric Inc. is a leader in the growing market for the protection of sensitive information from unauthorized access or theft. The company's CoreGuard Information Protection System protects intellectual property and enables enterprises to comply with increasingly strict data privacy and system integrity regulations. By using CoreGuard to directly protect sensitive information from both insider threats and outside attacks, companies and government agencies can significantly reduce the multiple security risks associated with today's open systems. The company is headquartered in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. . Vormetric, the Vormetric logo, CoreGuard and MetaClear are trademarks of Vormetric Inc. All other trademarks are the property of their respective owners. To schedule an interview, please contact: Linda Findley Account Director Text 100 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 415-593-8466 vormetric@text100.com |
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