SEATTLE, April 24 /CNW/ -- WatchGuard Technologies, Inc., a leading
provider of security appliances and unified threat management (UTM) solutions,
announced today that Joe Wang has been named President and chief executive
officer. "We have been searching for a candidate that had a strong track
record for growing technology companies, and Joe fits this profile. His track
record is impressive. We believe he has the right mix of management and
technical skills to meet our objectives for substantial growth for WatchGuard
over the longer term," said Ben Ball of Francisco partners.
Wang comes armed with over two decades of software and management
expertise. He was previously the CEO of LANDesk Software, where he grew sales
from under $40 million to over $100 million in four years. Other previous
positions include vice president and general manager of Symantec's Enterprise
Administrative Division, and CEO of 20/20 Software, Inc., a company that he
led from its inception to a growing and profitable concern.
"Joe's vision, energy, and leadership were the key ingredients in the
success of LANDesk Software," stated Alex Slusky of Vector Capital. "We are
delighted to partner with him again in building WatchGuard into a market
Commenting on his appointment, Wang said, "I am excited and honored to be
part of the WatchGuard organization and look forward to working with its
people and building a successful business. WatchGuard has a long history of
developing security appliance solutions and will continue to be an innovation
leader for years to come."
Wang replaces outgoing interim-CEO Bruce Coleman. Coleman was brought on
immediately after WatchGuard was acquired by private equity firms Francisco
Partners and Vector Capital on October 4, 2006. His presence was always
intended to be temporary.
WatchGuard has been delivering industry-leading network security
appliances since 1996. The company's upgradeable appliances deliver the
performance, functionality, and security strength to meet the needs of SME
organizations. WatchGuard's Intelligent Layered Security protects against
emerging threats and provides a platform to integrate additional services
offered by the company. All WatchGuard products include 90 days of the
LiveSecurity Service subscription for vulnerability alerts, software updates,
expert security instruction, as well as individualized and self-help customer
care. WatchGuard is headquartered in Seattle, Washington, with offices
throughout North America, Europe, Asia Pacific, and Latin America. For more
information, please visit www.watchguard.com.
NOTE: WatchGuard, and LiveSecurity are either registered trademarks or
trademarks of WatchGuard Technologies, Inc. in the United States and/or other
countries. All other trademarks are the property of their respective owners.
For further information:
For further information: Kate Roemer of WatchGuard, +1-206-521-8353, or
mediarelations@WatchGuard.com Web Site: http://www.watchguard.com/