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Red Condor Names Dr. Thomas Steding as Chief Executive Officer
| Source: Red Condor Inc.
ROHNERT PARK, CA--(Marketwire - November 19, 2008) - Red Condor, a leading provider of fully managed email security
solutions, today announced the appointment of Dr. Thomas Steding as
President and Chief Executive Officer. Dr. Steding brings nearly four
decades of technology industry experience to Red Condor, including serving as CEO
of eight high-tech companies and active Chairman of several others.
Dr. Steding brings extensive experience in the security industry, having
been founding CEO of Pretty Good Privacy, Inc., an Internet encryption
company, and CEO of RedCreek Communications, a virtual private network
company. Overall, Dr. Steding's leadership has resulted in nearly $100
million in committed venture capital and more than half a billion dollars
in capital transactions.
"We are fortunate to have Tom join Red Condor, bringing his many years of
extensive executive experience and proven ability to grow high-tech
companies," said Mike Hodges, Red Condor Chairman. "Tom has a firm
understanding of what it takes to move young, innovative companies to the
next level. We look forward to his leadership and strategic direction as we
continue to develop our cutting-edge technology and distinctive approach to
email security, and build upon the momentum we have generated over the past
several years with small and medium businesses and ISPs."
"There are a number of copycat products and services in the email security
and anti-spam space, which leverage the same filters and engines as their
competitors; the only main difference being the logo on the invoice,"
stated Steding. "Red Condor provides world class performance and resiliency
at 50% to 60% less cost than traditional, incumbent anti-spam companies.
Among customers and during third-party product reviews, Red Condor's
product performance has been stellar. It is this consistent validation, in
addition to the company's talented team, that has me excited about the
future of Red Condor."
Dr. Steding earned a Ph.D. in electrical engineering from University of
California, Berkeley and a master's of science in management (Sloan Fellow)
from Stanford University Graduate School of Business. He is the co-author
of "Built on Trust - How to Gain Competitive Advantage in Any
Organization."
Former Red Condor president and CEO, Ron Longo, will now serve as the
company's vice president of business development. He will manage the
company's large accounts and partnership efforts.
About Red Condor
Red Condor is revolutionizing spam fighting technology. Red Condor's highly
accurate Email DNA™ filter, hybrid architecture Vx Technology™, and
fully managed
appliances lead to a dramatic reduction in the cost of owning a premium
spam filter.
With solutions for small business, as well as ISPs with millions of email
inboxes, Red Condor has a cost effective, time saving solution that is
rapidly gaining market share. The system's design has built-in zero
tolerance for lost email, and a near zero false-positive rate while
achieving long-term spam block rates greater than 99%. This next generation
technology is backed by a 24x7 customer care center staffed by email
security experts at Red Condor's headquarters. For more information, visit
www.redcondor.com.