PGP Corporation Names John Adams Chief Technology Officer

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March 1, 2010
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PGP Corporation Names John Adams Chief Technology Officer

MENLO PARK, Calif., March 1 -- PGP Corporation, a global leader in trusted data protection, today announced the appointment of John Adams as Chief Technology Officer (CTO).  Adams, a 30 year veteran in the security industry, has assumed the role at PGP Corporation as a result of the company's recent acquisition of ChosenSecurity.  In his new role, Adams will be responsible for directing PGP Corporation's technology direction, integrating the two engineering team's efforts and technical strategy.

"John is a strategic addition to the PGP management team; he is an accomplished executive with an eye for innovation and product development," said Phillip Dunkelberger, president and CEO of PGP Corporation. "His unique background will benefit PGP customers greatly as we continue to expand our global technology development strategy."

In his previous CTO role at ChosenSecurity, Adams was responsible for technical strategy and direction to engineering, operations, and product management. Prior to his tenure at ChosenSecurity, Adams served as executive vice president, engineering and operations at GeoTrust, and before that as CTO of GeoTrust.  He was a key member of the acquisition team that culminated in the acquisition of GeoTrust by Verisign. GeoTrust was the fastest growing public certification authority before it was acquired by VeriSign.

Prior to GeoTrust, Adams was at RSA Security, where he served as Senior VP of Engineering, and later as CTO, managing the RSA Laboratories and working closely with the senior management team on the strategic direction of products and the company.  Previously, Adams spent 20-years at Digital Equipment Corporation, later acquired by COMPAQ, where he held several technical director, group manager and vice presidential roles focused primarily on the development and strategy of the networking software and hardware products.

Adams holds several degrees; BA, Mathematics from Harvard University, BS and MS in Civil Engineering, from Tufts University and PhD in Civil Engineering from Massachusetts Institute of Technology.

About PGP Corporation

PGP Corporation is a global leader in email and data encryption software. Based on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP® platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, smartphones, network storage, file transfers, automated processes, and backups.

PGP® solutions are used by more than 110,000 enterprises, businesses, and governments worldwide, including 87 percent of the Fortune® 100, 73 percent of the Fortune® Global 100, 80 percent of the German DAX index, and 60 percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at http://www.pgp.com.

  Media & Analyst Contacts for PGP Corporation:

  North America
  Tom Rice
  Merritt Group
  +1 703 856 2218
  rice@merrittgrp.com

  United Kingdom
  Jacqui Depares
  Johnson King
  +44 (0) 20 7401 7968
  pgpteam@johnsonking.co.uk

  Germany
  Ingrid Daschner
  Johnson King
  +49 (0) 89 8940 8511
  ingridd@johnsonking.de

  Legal Notice Regarding Forward-Looking Statements

Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at PGP Corporation's sole discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation's products; any technological, regulatory, or standards changes in the security, encryption and authentications market which could make PGP Corporation's products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.

Source: PGP Corporation
   

CONTACT:  North America, Tom Rice of Merritt Group, +1-703-856-2218,
rice@merrittgrp.com, for PGP Corporation; or United Kingdom, Jacqui Depares,
+44 (0) 20 7401 7968, pgpteam@johnsonking.co.uk, or Germany, Ingrid Daschner,
+49 (0) 89 8940 8511, ingridd@johnsonking.de, both of Johnson King, for PGP
Corporation

Web Site:  http://www.pgp.com/

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