SOURCE: Ipswitch, Inc.

September 18, 2007 09:00 ET

Ipswitch, Inc. Enhances Managed File Transfer Team

Ipswitch Expands Managed File Transfer Development to Cement Leadership Position

LEXINGTON, MA--(Marketwire - September 18, 2007) - Ipswitch, Inc., a leading developer of network monitoring, messaging and managed file transfer solutions, today announced the expansion of its managed file transfer team with the elevation of Ipswitch veteran Kevin Gillis to the position of vice president of managed file transfer products and the appointment of seasoned product manager Nikos Koutsoukos as director of product management to further solidify Ipswitch's position as a leader in managed file transfer solutions.

According to its recent July 2007 report, "Hype Cycle for Application Middleware, Platforms and Architecture, 2007," managed file transfer is considered by research firm Gartner to currently be in the "technology trigger" stage of development, with mainstream market adoption in the next five to ten years.

"With the engineering and product management expertise that we're announcing today, Ipswitch will accelerate the development of our industry-leading WS_FTP solution," said Roger Greene, chief executive officer of Ipswitch. "Our expanded team will ensure that IT professionals around the world have access to the highest quality managed file transfer solutions as this market progresses through a critical inflection point in its evolution."

With its industry-standard WS_FTP software boasting features like 256-bit AES transfer encryption, SSL and SSH support and SHA512 file integrity verification, Ipswitch has taken the early lead in the development of the next-generation of managed file transfer solutions.

In order to solidify this market-leading position, Ipswitch has bolstered its managed file transfer development team with the addition of numerous new software development, quality assurance and technical writing positions. With over a dozen hired, the expanded team is almost complete and is executing against Ipswitch's enhanced product roadmap. In addition to this pool of engineering talent, Ipswitch has named Kevin Gillis vice president of managed file transfer products. In this new role Gillis will be responsible for the development and worldwide strategy of Ipswitch's managed file transfer products. A five-year Ipswitch veteran, Gillis joined the company with product management experience at both public and privately held companies such as IBM, Lotus and The Learning Company where he led the introduction of over 100 products to market. Additionally, Ipswitch appointed Koutsoukos to the position of director of product management for managed file transfer. Koutsoukos will be responsible for the strategic development of WS_FTP into the world's most secure and capable managed file transfer solution. A seasoned veteran of product management, Koutsoukos comes to Ipswitch from 3Com where he led 3Com's high-volume networking business unit, achieving $150 million in annual revenue.

"Managed file transfer is poised to become the next breakthrough technology to help enterprises lock down their file transfer infrastructure against the threats posed by hackers, data thieves and criminals both online and off," said Gillis. "WS_FTP is the leading solution in this field, and we will continue to build on it to ensure companies can move their critical data quickly, efficiently, and securely."

About Ipswitch, Inc.

Ipswitch develops and markets innovative IT software that is easy to learn and use. More than 100 million people worldwide use Ipswitch software to monitor their networks with Ipswitch WhatsUp®, transfer files over the Internet using the market leading Ipswitch WS_FTP® Professional client and Ipswitch WS_FTP Server with SSH and communicate via Ipswitch Imail™ Server. To view the Daily Network Monitor blog, visit http://www.dailynetworkmonitor.com. For product and sales information, visit http://www.ipswitch.com. Ipswitch values community involvement; visit http://icare.ipswitch.com to find out how to become involved.

WS_FTP and WhatsUp are registered trademarks of Ipswitch, Inc. IMail Server is a trademark of Ipswitch, Inc. All other product names are property of their respective owners.

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