SOURCE: Cloudmark

April 02, 2007 08:00 ET

Cloudmark Names Michael Williams New Chief Financial Officer

Industry Veteran to Help Support International Growth of Messaging Security Innovator

SAN FRANCISCO, CA -- (MARKET WIRE) -- April 2, 2007 -- Cloudmark, Inc., the proven leader in carrier-grade messaging security, today announced the appointment of Michael Williams as chief financial officer. A seasoned financial executive with over twenty-five years of experience in senior financial positions, including a Big 4 CPA public accounting firm pedigree in both the UK and US, international experience with listed companies, and a strong background in entrepreneurial businesses, Williams will help support Cloudmark's growth in the United States and worldwide.

Williams has a proven track record across a variety of industries. Prior to Cloudmark, he worked in professional sports as Controller of the Oakland Raiders NFL football team, in the entertainment industry where Williams was promoted from Controller to Chief Operating Officer of Steady Systems, and in the consumer products industry as Finance Director of Corgi Toys in the UK. While at Corgi Toys, Williams played a leading role in the company's successful integration with Mattel and the international relocation of its manufacturing facilities to Asia. Williams is also a UK Chartered Accountant and has worked for KPMG and Price Waterhouse Coopers in the UK and Deloitte & Touche in the US.

Williams' experience also includes consulting with public companies in the resolution of corporate governance issues arising from Sarbanes-Oxley, technical accounting issues such as revenue recognition, stock option accounting and SEC reporting. He holds a Bachelor of Arts degree in History from Cardiff University in the United Kingdom.

Today, Cloudmark helps 80 of the world's largest service providers and mobile operators protect millions of users from spam and malware, secures more than 180 million mailboxes worldwide, and has a network of millions of reporters providing real-time data on new threats. As Cloudmark continues to expand its global footprint to meet the dynamic needs of Internet and mobile service providers looking to protect users from all forms of messaging abuse across a growing number of mediums, Williams' multi-national business experience will help support the company's strategic initiatives and sales and corporate development. Reporting directly to the CEO, he will oversee all aspects of financial management, reporting and compliance.

"Bringing a wealth of expertise in financial management with leading companies across markets and around the world, Michael will be a key asset to Cloudmark as we continue to build out our technology, grow our customer base and expand our international presence," said Hugh McCartney, CEO of Cloudmark. "As we've entered the cash generative phase of our business, Michael's proven success in implementing best practices for regulatory compliance and streamlining accounting and resolution processes will help Cloudmark continue to provide customers with the high level of efficiency, responsiveness and service they have come to expect from us. We welcome Michael to the Cloudmark team."

"Cloudmark is a truly innovative company with a powerful combination of industry-leading technology, exemplary customer base, solid management team and tremendous market opportunity," said Michael Williams. "Cloudmark has already proven itself to be on the forefront of messaging security innovation and is the trusted technology provider for the world's largest ISPs and mobile carriers, but this is just the beginning. As messaging abuses grow, so will the need for Cloudmark's leadership and I look forward to helping the company capitalize on worldwide demand for its solutions and expertise."

About Cloudmark

Cloudmark, Inc. delivers the industry's fastest and most accurate anti-spam, anti-phishing and anti-virus solutions. Founded in 2001 by pioneers in messaging anti-abuse, Cloudmark architected an innovative approach combining intelligent message fingerprinting with the world's largest real-time threat detection network. Cloudmark solutions protect more than 180 million mailboxes and more than 80 of the world's largest service provider and mobile operator networks with customers and partners, including Cablevision, Charter Communications, Cox Communications, NTT Communications, SprintNextel, Virgin Mobile and UPC Chello. A privately held, San Francisco-based company, Cloudmark's comprehensive messaging-security portfolio addresses the unique needs of service provider with additional solutions for enterprise and desktop users. For more information about Cloudmark, please visit www.cloudmark.com.

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