Contact Information: Media contacts: Erin Hall / Katie Eakins LEWIS PR (619) 677-2700 Lorrie Hunsaker St. Bernard (858) 524-2041
St. Bernard Appoints Louis Ryan Chief Executive Officer
Ryan Retains Position as Chairman of the Board and Brings New Vision and Leadership to Further the Company's Success
| Source: St. Bernard
SAN DIEGO, CA--(Marketwire - March 3, 2009) - St.
Bernard Software, Inc. (OTCBB : SBSW ), a leader in Web security
appliances, today announced the appointment of Lou Ryan to Chief Executive
Officer (CEO) effective January 15, 2009. The appointment follows the
resignation of Vincent Rossi, CEO and Acting Chief Financial Officer, to
pursue other opportunities. In addition to his appointment as CEO, Ryan
will also retain his position as St. Bernard's Chairman of the Board of
Directors, a role he has served since June 2008.
An active member of St. Bernard's Board of Directors since July 2006, Ryan
brings nearly 20 years of executive experience within the software and
security industry. He has led and / or founded several companies, such as
Entercept Security Technologies Inc., an intrusion-prevention technology
company which was sold to McAfee in 2003, Delrina Corporation, a
publicly-traded software company which was sold in 1995 to Symantec
Corporation and Borland International, a leading vendor of Open Application
Lifecycle Management (ALM) solutions. Ryan is also a board member and early
investor of a number of organizations, including Plastic Jungle, a leading
site for gift card exchange, Paglo, a leader in on-demand IT management and
Foundstone, a vulnerability assessment company which was sold to MacAfee in
2004.
In discussing his appointment, Ryan stated, "I was excited to take on this
position for a few reasons. Not only did I recognize an enormous amount of
untapped potential within the organization, but I also have numerous ideas
about how to add interesting and new value to our iPrism product line."
Ryan continued, "St. Bernard is already a recognized leader in the Web
filtering market, and I look forward to working with the current management
team to advance our position in the industry and keep our solutions
evolving to the needs of the future."
In December 2008, Ryan purchased 778,901 shares of St. Bernard stock,
representing approximately 5.3% of the Company. "I firmly believe in St.
Bernard, and its ability to become an even stronger competitor in the
global marketplace," said Ryan. "This personal investment reflects my
confidence and commitment to the Company, and, together with a
highly-talented team of dedicated employees, I look forward to building a
stronger and more prosperous organization."
About St. Bernard
St. Bernard Software develops and markets Internet security appliances and
services that empower IT professionals to effectively, efficiently and
intelligently manage their enterprise's Internet-based resources.
Originally founded in 1995 as a market-leader in data security with its
flagship product, Open File Manager™, the company is now recognized for
delivering today's #1 Web filtering and security appliance, iPrism®. With
millions of end users worldwide in more than 5,000 enterprises, educational
institutions, SMB, and government agencies, St. Bernard strives to deliver
simple, high performance solutions that offer excellent value to our
customers.
Based in San Diego, California, St. Bernard (OTCBB : SBSW ) markets its
solutions through a network of value added resellers, distributors, system
integrators, OEM partners and directly to end users. For more information
about St. Bernard Software, visit www.stbernard.com.
©2009 St. Bernard Software Inc. All rights reserved. The St. Bernard
Software logo, LivePrism, iPrism, and iGuard are trademarks of St. Bernard
Software Inc. All other trademarks and registered trademarks are hereby
acknowledged.
This press release may contain forward-looking statements that involve
risks and uncertainties, as well as assumptions that, if they prove
incorrect, could cause our results to differ materially from those
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