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XLA Xcelera

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Share Name Share Symbol Market Type
Xcelera AMEX:XLA AMEX Ordinary Share
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Protegrity Appoints Kyle Pond as Vice President of Market Development

19/10/2004 4:31pm

PR Newswire (US)


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Protegrity Appoints Kyle Pond as Vice President of Market Development Experienced Software Executive Joins Data and Storage Security Firm STAMFORD, Conn., Oct. 19 /PRNewswire-FirstCall/ -- Protegrity Corporation, the leading technology innovator for enterprise-wide database and storage security, has appointed Kyle Pond to vice president of market development. Pond, formerly a research director at Gartner, Inc., has held key marketing and business development positions at several software companies including Delano Technology Corporation, a provider of customer relationship management software. Before joining Protegrity, he was vice president of corporate development at Conduit Internet Technologies, Inc., a provider of channel management applications to the middle market. At Protegrity, Pond will be responsible for managing channel sales, lead generation activities, and inside sales. He will also identify and develop new markets for Protegrity through building strategic business alliances with technology and implementation service providers, as well as market leaders. "Kyle brings to Protegrity extensive technology marketing experience and a broad understanding of business needs and technology markets. His Gartner experience gives him unique insight into enterprise-level security challenges and will help us partner with key decision makers of Global 2000 companies," said Protegrity CEO Gordon Rapkin. "He is exceptionally skilled at developing strategic partnerships, which will help us move into new markets and industries." Companies implement Protegrity's solutions to centrally define and manage enterprise data security policies and comply with current and emerging regulations such as HIPAA, California SB 1386, Sarbanes-Oxley, and Visa's Cardholder Information Security Program (Visa CISP). Protegrity's flagship software product, Secure.Data (TM), selectively encrypts sensitive data at the data-item level both at rest and in-transit. Secure.Data delivers a unique combination of strong data protection and extensive auditing and reporting capabilities, without impacting existing applications and IT infrastructure. At Conduit, Pond managed both marketing and business development and instituted highly effective programs to support customers, resellers, and technical partnerships. During his tenure, he was an instrumental player in generating a four-fold increase in annual revenues. "I am very excited to be joining this very experienced software team. It is clear that companies are in need of a product that can centralize the management of security policy, regulatory compliance, auditing and reporting in a single, platform-independent application. I've already seen substantial channel interest from partners who are currently seeking more efficient and effective ways of addressing data and storage security for their customers," said Pond. About Protegrity Protegrity Corporation is the leading innovator of enterprise-wide database and storage security. The company's flagship product Secure.Data enables companies to deploy comprehensive security policies that empower management to confidently take responsibility of their sensitive data. With Secure.Data, businesses can mitigate corporate risk and assure compliance with regulatory obligations. Protegrity's solutions are platform independent and are designed to protect information wherever it resides in today's highly distributed computing environments. For more than eight years, Protegrity's award-winning technology has helped more than 60 customers, including many of the Fortune 100, address and resolve critical security challenges. Protegrity invented the core technology used for data-level encryption and owns the key patents for database intrusion protection. Protegrity is wholly owned by Xcelera Inc. (AMEX:XLA). For more information, visit http://www.protegrity.com/. Secure.Data is a trademark of Protegrity Corporation. All other trademarks are the property of their respective owners. DATASOURCE: Protegrity Corporation CONTACT: Linda Galloway of Apollo Associates, +1-203-790-1591, or , for Protegrity Corporation Web site: http://www.protegrity.com/

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