SOURCE: Code Green Networks

Code Green Networks

October 19, 2009 13:07 ET

Code Green Networks Announces New Channel Director to Accelerate and Expand Partner Program

Empower Partners to Capture Rapidly Growing Data Loss Prevention Market Shares

SUNNYVALE, CA--(Marketwire - October 19, 2009) - Code Green Networks, the leader in comprehensive data loss prevention solutions that can be deployed quickly and cost-effectively, today announced the appointment of Karen Tracy-Slasten as Channel Director to lead the company's expanded partner program. The hiring of Tracy-Slasten reflects the company's increasing success and its commitment to the channels market.

Led by an increase in the demand for the Code Green Networks CI-1500 and CI-3000 data loss prevention appliances, primarily in the healthcare and financial sectors, Code Green's partner deals grew by over 50% and associated revenues by over 300% last quarter.

"The simplicity and total cost of ownership of Code Green Networks' TrueDLP is attractive to many of our clients," said Kier Lane, President, Latus Solutions. "The assiduous effort by Code Green to further develop opportunities is attractive to us." Latus Solutions is a Code Green Networks Premier Partner.

Additionally Latus Solutions offers the Blue Coat ProxySG appliance. The combination of the Blue Coat (NASDAQ: BCSI) and Code Green Networks solutions provides customers with a data loss prevention solution to stop the loss or theft of confidential or proprietary information over Web and FTP channels, including data carried over SSL-encrypted sessions.

"Driven by regulatory requirements the market for data loss prevention is growing at an incredible pace," said Tracy-Slasten. "Code Green Networks' complete, high-value, reliable solution is perfect to effectively protect the integrity of customer and employee personal information and support privacy regulations. I am excited about the position and I look forward to contributing to the continued success of the company, its customers and channel partners."

Karen Tracy-Slasten will work closely with select worldwide value-added resellers, integrators and distributors to further identify and develop opportunities.

Tracy-Slasten joins Code Green Networks with over 15 years of experience in channel sales and alliance management with a focus on building strategic channel and alliance partnerships. Prior to joining Code Green Networks, Tracy-Slasten was the Channel Sales Manager at Proofpoint, Inc. In that role, she helped transform the company from a pure direct sales model to a successful and profitable channel model. Previously, she served as Director of Alliances at Cable and Wireless, Compaq and Digital Equipment Corporation.

About Code Green Networks

Code Green Networks delivers data loss prevention solutions that protect private employee and customer information and safeguard intellectual property across all electronic communications channels. The company's easy-to-deploy, easy-to-manage content inspection appliances rapidly detect and prevent potential data leaks, helping organizations automate compliance and mitigate risks from internal breaches that can result in loss of revenue, financial penalties and irreparable damage to a corporation's image, brand and customer loyalty. For more information, please visit http:/

Contact Information

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    Joe Peck
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    408-716-4200 ext. 343
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    Michael Schoolnik
    Story Communications
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