SOURCE: Secure Computing

July 16, 2008 08:00 ET

Secure Computing Names Daniel Ryan Chief Executive Officer

SAN JOSE, CA--(Marketwire - July 16, 2008) - Secure Computing Corporation (NASDAQ: SCUR), a leading enterprise gateway security company, today announced the appointment of Daniel Ryan to the permanent role of Chief Executive Officer (CEO).

Mr. Ryan joined Secure Computing in August, 2007 as president and Chief Operating Officer responsible for Worldwide Sales, Marketing, and Product Development. Since April of 2008, Mr. Ryan has served as interim CEO while the Secure Computing Board of Directors conducted a formal search for a permanent CEO.

Richard Scott, Chairman of the Board of Directors at Secure Computing, said, "After an extensive outside search, we have concluded that Dan Ryan is simply the best candidate for the job. Dan is a seasoned executive with a proven track record of helping technology companies achieve their full potential."

Scott continued, "Since joining Secure Computing as president and Chief Operating Officer less than a year ago, Dan has focused the company on its core enterprise security business and aligned resources behind the most substantial growth opportunities of web, mail and application security in the Web 2.0 world. Dan has already demonstrated a strong emphasis and track record on execution at Secure, and we're anxious to see the momentum he's created continue."

"I am very excited about this new opportunity at Secure and I am looking forward to realizing the company's potential in this new position. I believe that Secure Computing remains substantially ahead of its competitors with a best-in-class product and solution portfolio, underscored by an innovative vision that incorporates everything from technologies like a world-class global reputation system to inventive delivery methods such as our hybrid delivery architecture," said Ryan. "The gateway security market represents a significant, high-growth opportunity, and I am very excited to be working with a strong franchise of existing customers and partners to realize that opportunity."

Mr. Ryan will retain his title as President of Secure Computing and will also remain on the company's Board of Directors.

Mr. Ryan joined Secure Computing from Oracle Corporation, the world's largest enterprise software company, where he served as senior vice president, Enterprise Content Management Products. Prior to the $440 million acquisition of Stellent by Oracle in December 2006, Ryan held the position of COO there, where he was instrumental in leading the organization from the position of a niche enterprise software company to a leader in Enterprise Content Management. He held additional roles as well over his eight-year tenure at Stellent, including executive vice president of Marketing and Business Development, with additional responsibility over Product Management and Strategic Partnerships and Alliances. He also led the company's corporate development activities and numerous acquisitions. Prior to Stellent, he served as vice president of Marketing and Business Development at Foglight Software, which was acquired by Quest Software.

About Secure Computing Corporation

Secure Computing Corporation (NASDAQ: SCUR), a leading provider of enterprise gateway security, delivers a comprehensive set of solutions that help customers protect their critical Web, email and network assets. Over half the Fortune 50 and Fortune 500 are part of our more than 22,000 global customers, supported by a worldwide network of more than 2,000 partners. The company is headquartered in San Jose, Calif., and has offices worldwide. For more information, see http://www.securecomputing.com.

All trademarks are the property of their respective firms.

This press release may contain forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from current expectations. For example, there can be no assurance that demand for the company's products will continue at current or greater levels, or that the company will continue to grow revenues, or be profitable, or that the company will be able to motivate and retain key employees, staff current and future projects in a cost-effective manner, or effectively control its marketing, research, development and administrative costs. There are also risks that the company's pursuit of providing network security technology might not be successful, or that if successful, it will not materially enhance the company's financial performance; that changes in customer requirements and other general economic and political uncertainties and weaknesses in geographic regions of the world could impact the company's relationship with its customers, partners and alliances; and that delays in product development, competitive pressures or technical difficulties could impact timely delivery of next-generation products; and other risks and uncertainties that are described from time to time in our periodic reports filed with the Securities and Exchange Commission. The company specifically disclaims any responsibility for updating these forward-looking statements.

Contact Information

  • Ally Zwahlen
    Secure Computing Corporation
    925-288-4175
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    Paula Dunne
    Contos Dunne Communications LLC
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