SOURCE: CREDANT Technologies

July 15, 2008 09:50 ET

CREDANT Technologies® Appoints Experienced U.S. Army Professional to Lead Defense, Intelligence Business

Lance Paoli Brings 24 Years of Proven Performance to Expanding Data Protection Company

DALLAS, TX--(Marketwire - July 15, 2008) - CREDANT Technologies, the market leader in endpoint data protection solutions, announced today the appointment of Lieutenant Colonel (Retired) Lance Paoli as Director of Federal Defense and Intelligence Agencies. Paoli will spearhead CREDANT's expansion into the U.S. Department of Defense (DoD) and intelligence markets.

"We are pleased that Lance has joined CREDANT to lead our continued growth in the defense and intelligence communities," said Pete Morrison, Vice President, North America Sales. "He brings a wealth of experience implementing high quality software solutions to customers in this space, as well as enabling them to meet their mission-critical requirements. We look forward to building new relationships and delivering CREDANT Mobile Guardian (CMG) Full Data Encryption2 to these markets."

A seasoned professional with 24 years of combined U.S. Army National Guard and Active Duty service, as well as over 12 years of experience in the federal software market, Paoli brings a strong background in DoD technology and mission requirements to CREDANT's federal team. Prior to joining CREDANT, Paoli served as Vice President of Sales at Segovia Inc., playing a key role in providing Global IP services and Transportable Emergency SATCOM solutions to the Warfigher and Emergency First Responder, along with helping the company receive its first ISO 9001 Certification.

Paoli has held numerous positions in the federal information technology (IT) market with companies such as Intelligent Decisions, Cognos Corporation, and Gartner. Paoli's final Army post included serving as Deputy J6, Director of Information Management, Joint Forces Headquarters - Delaware, where he was the principle advisor to The Adjutant General (TAG) on all issues pertaining to telecommunications, automation, visual information, data interoperability, and administrative services.

"I am extremely excited to be joining such a leading-edge company as CREDANT," said Paoli. "Endpoint data security is absolutely vital to mission success in the DoD and intelligence marketplace. CREDANT's centralized policy-based CMG solution provides agencies seeking to comply with federal mandates the advantages of full disk without the associated technical risks. I look forward to creating new business opportunities for CREDANT in this market and working with this talented team of professionals."

About CREDANT Technologies

CREDANT Technologies is the market leader in endpoint data protection solutions that are critical components of an endpoint protection platform. CREDANT's data security solutions preserve customer brand and reduce the cost of compliance, enabling business to "protect what matters." CREDANT Mobile Guardian is the only centrally managed endpoint data protection solution providing strong authentication, intelligent encryption, usage controls, and key management that guarantees data recovery. By aligning security to the type of user, device and location, CREDANT ensures the audit and enforcement of security policies across all computing endpoints. Strategic partners and customers include leaders in finance, government, healthcare, manufacturing, retail, technology, and services. CREDANT was recognized by INC magazine as the #1 fastest growing security software company and #15 overall in 2007; was selected by Red Herring as one of the top 100 privately held companies and top 100 Innovators for 2004; and was named Ernst & Young Entrepreneur Of The Year 2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital, and Cisco Systems are investors in CREDANT Technologies. For more information, visit www.credant.com.

CREDANT Technologies, CREDANT, the CREDANT Technologies logo, and the "We Protect What Matters" and "Be Mobile. Be Secure." taglines are registered trademarks of CREDANT Technologies, Inc.

Contact Information