EdgeWave Names New Senior VP of Worldwide Sales

SAN DIEGO, CA--(Marketwire - Jul 12, 2012) - EdgeWave Inc. (OTCBB: EWVE) (OTCQB: EWVE), a leading provider of Secure Content Management (SCM) solutions, today announced the appointment of Timothy Steele as Senior Vice President, Worldwide Sales. Steele will report to EdgeWave President Dave Maquera. 

Steele brings over 20 years of executive sales management and business development experience to his new position, most recently as Chief Revenue Officer for Softrax. Prior to that Steele served as Senior Vice President of Sales for Lumigent, where he was instrumental in their successful acquisition by BeyondTrust, an Internet security company. Steele's career also includes extensive experience with high-growth SaaS and outsourcing companies including SoundBite, where he drove revenue growth that culminated in a successful IPO and Enterprise Associates, one of the nation's largest outsourcing/SaaS firms, where he doubled revenue. Steele's longtime industry experience also includes senior management roles at Parametric Technology, where he served as Senior Vice President of Americas Indirect Channel as well as Vice President of North America and Europe Inside Sales. Steele holds a B.S. degree in Economics and Finance from Bentley University.

According to EdgeWave President Dave Maquera, "Tim's proven sales leadership and impressive track record of driving revenue growth make him an ideal addition to EdgeWave's executive team. He brings a wealth of experience to the team as we continue to expand our product portfolio with new and innovative security solutions."

About his new position, Tim Steele commented, "I feel fortunate to be joining EdgeWave, an established leader in Web and email security, at such an exciting time in the company's evolution. With its robust platform strategy and innovative new solutions such as iPrism Social Media Security, EdgeWave is uniquely positioned to change the landscape of the industry with solutions that positively impact our customers, shareholders and the marketplace. I look forward to working with a great executive team as we help our customers, partners and prospects solve the security challenges they face."

EdgeWave offers Email and Web Security products and services including the ePrism Email Security Suite, which includes fully-hosted solutions for Email Filtering, Email Data Loss Protection with DLP and Encryption, Email Continuity, and Email Archiving that can be accessed from a single user interface. EdgeWave also offers iPrism Web Security, a comprehensive Secure Web Gateway solution that includes Hybrid Remote Filtering and new iPrism Social Media Security.

For more information regarding EdgeWave and its Secure Content Management solutions, please visit www.edgewave.com or call 1-800-782-3762.

©2012 EdgeWave, Inc. All rights reserved. The EdgeWave logo, iPrism, and ePrism Logos are trademarks of EdgeWave, Inc. All other trademarks and registered trademarks are hereby acknowledged.