Memeo Adds Postini Founder Scott Petry to Its Board of Directors


ALISO VIEJO, Calif., Oct. 2, 2007 (PRIME NEWSWIRE) -- Memeo Inc., a worldwide provider of digital life and information management solutions for the consumer and small business markets, today announced that Scott Petry, Product Management Director for Google's Enterprise Apps group and founder of recently acquired Postini, has joined the company's Board of Directors.

"Mr. Petry brings a wealth of knowledge and experience, and we are thrilled to add such a seasoned professional to the team," stated Hong Bui, CEO of Memeo. "Since founding Postini in 1999 until its market leadership position with more than 36,000 business world wide, Scott oversaw all product strategy and product development activities. His experience with establishing new product categories and scaling businesses will be invaluable as Memeo increases its market momentum."

"Memeo has done a tremendous job developing products, securing distribution and reaching profitability and is now is experiencing rapid growth as consumers and small businesses adopt their LifeAgent platform to help them manage their digital content. I am thrilled to join Memeo at this time in the company's development -- a time where the base product is seeing excellent traction and the company is investing in scale," stated Petry. "Memeo's dedication to developing simple solutions for syncing, sharing and protecting valuable digital content puts it in a leadership position in the digital content management market. I am confident that my experience will help Memeo to scale the business and capitalize on its tremendous growth opportunities."

Petry was named Product Management Director for Google's Enterprise Apps Group after Google acquired Postini, a company that Scott founded in March of 1999. Postini was the innovator and leader in SaaS-based messaging security and compliance solutions. At Postini, Petry served as the Founder, Chief Technology Officer, and Executive Vice President of product development and was responsible for helping to guide product development from initial product launch to a diversified product line deployed across all industries and sectors. When Postini was acquired by Google in fall 2007, the company had 36,000 customers worldwide and processed more than 2 billion messages per day. Prior to Postini, Petry was Vice President and General Manager at Cygnus Solutions, an open source tools and RTOS vendor, which was acquired by RedHat. Before Cygnus, Petry led the Advanced Products Group at SkyTel, the pioneer in 2-way PCS and text messaging. Petry began his career at Apple Computer, where he held product management positions in the Networking group and was an original product manager on the Newton platform. Petry has a BS degree from San Diego State University and was a member of the U.S. National Rowing Team, receiving a bronze medal in the 1987 World Championships.

For more information on Memeo, please visit their website at www.memeo.com.

About Memeo

Memeo, Inc., based in Aliso Viejo, CA, is a privately held software company backed by venture firm G51 Capital. The company is focused on helping consumers and businesses manage and protect their digital life. Founded in 2003 in an effort to capitalize on the rapid move towards a digital world from everything from finance to photography and music, the company developed its flagship software, Memeo AutoBackup, to give consumers and businesses alike a better way of protecting, managing and sharing digital, portable files and make them universally accessible. For more information on Memeo and its products, please visit www.memeo.com.

Memeo, Inc. trademark statements. Memeo, AutoBackup, and Zero-Touch are trademarks of Memeo. All other trademarks mentioned herein are the property of their respective owners.



            

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