Appointment of non-executive Director

RNS Number : 4664R

Corero Network Security PLC

19 November 2012

 



Corero Network Security plc

("Corero" or the "Company")

Appointment of non-executive Director

Corero Network Security plc (AIM: CNS), the network security and business software provider, is pleased to announce the appointment of Andrew Lloydto the board of directors of the Company (the "Board") as an independent non-executive director. 

Andrew Lloyd has been involved in the IT software and systems sector for more than 25 years.  His career has included roles in early stage companies, high-growth pre-IPO ventures and large corporations such as Computer Associates and Oracle. At Oracle, Andrew held a number of leadership roles in services and license product sales on both sides of the Atlantic including the role of e-Business Program Director within its North American Sales division, with responsibility for strategy and business development for Oracle's e-Business applications across all sectors. Thereafter, at Computer Associates (CA), he held the position of VP Security Management with sales and marketing responsibility for CA's security management business (known as e-Trust) across Europe, Middle East and Africa (EMEA), where his leadership contributed to a step change in CA's security revenues in EMEA.

Andrew is currently Senior Vice President of PRISMTECH Group's OpenSplice business which, through offices in Europe and North America, develops and markets performance-critical middleware software products for the military, aerospace, telecommunications, industrial and financial services markets. He is also a non-executive director of NetIDme Limited, a venture capital-backed provider of online age verification and identity authentication technology for a wide variety of industries including online gaming and gambling businesses. 

Jens Montanana, Chairman of Corero, commented: "We are delighted that Andrew has agreed to join Corero as a non-executive director. His sales and marketing skillset and experience of both growth companies and large multinationals will be invaluable as we continue to develop and grow our network security and education software businesses and establish Corero as a leading player in these markets. I would like to welcome Andrew to the Board and look forward to working with him."

Further information about Mr Lloyd required pursuant to paragraph (g) of Schedule 2 of the AIM Rules is included below.

Enquiries:

Corero Network Security plc
Andrew Miller, Group Chief Operating Officer		Tel: [phone]
FinnCap
Stuart Andrews/Henrik Persson		Tel: [phone]
Walbrook PR		Tel: [phone]
Bob Huxford/ Helen Westaway (Media Relations)
Paul Cornelius (Investor Relations)

About Corero Network Security plc

Corero Network Security plc consists of two businesses: Corero Network Security and Corero Business Systems.

Corero Network Security is an international network security company and the leading provider of Distributed Denial of Service (DDoS) defence and Next Generation Intrusion Prevention Systems (NGIPS) solutions. As the First Line of Defense, Corero's products and services stop DDoS attacks, protect IT infrastructure and eliminate downtime. Customers include enterprises, service providers and government organizations worldwide. Corero's appliance-based solutions are dynamic and automatically respond to evolving cyber attacks, known and unknown, allowing existing IT infrastructure -- such as firewalls -- to perform their intended purposes. Corero's products are transparent, highly scalable and feature the lowest latency and highest reliability in the industry.

Corero Business Systems is a leading provider of powerful and dynamic modular accounting, human resources, payroll and management information software to the schools (including academies) and further education sectors in the UK and internationally.  

Disclosures required pursuant to Schedule 2(g) of the AIM rules for companies

Name: Andrew Trevor Lloyd (Age 47)

Mr Lloyd currently holds, and has during the last five years immediately preceding the date of this announcement held, the following directorships or partnerships:

Current	Past
NetIDme Limited	Pivotal Integration Limited (Mr Lloyd resigned as a director of Pivotal Integration Limited in May 2008, and subsequently during August 2008, that company was placed into voluntary administration by its remaining directors)

There are no other matters which are required to be announced under Schedule 2(g) of the AIM Rules.

 

END

 

 

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