SAN DIEGO, CA--(Marketwire - October 25, 2010) - St. Bernard Software, Inc. (
In announcing the change, Lou Ryan, Chairman of the Board and CEO of St. Bernard commented, "David's track record in taking smaller public companies into high-growth mode makes him a great complement to our recently enhanced executive team. Not only does he bring the right combination of sales expertise and technology innovation to help us further penetrate commercial markets on a more global scale, but his solutions-driven sales approach will be critical as we continue to expand our product portfolio for on-demand, on-premises, and hybrid Secure Content Management solutions. We also thank Steve for his contributions to St. Bernard during his tenure."
Mr. Smith brings over 20 years of executive experience within the software and security industry. Most recently, Mr. Smith was Vice President of Sales and General Manager at FrontRange Solutions, where he was responsible for leading all customer facing aspects of the business including sales, channel sales, professional services, customer support, and field marketing. In this role he grew FrontRange Solutions from a 60 million dollar run rate to $130M. Prior to FrontRange Solutions, Mr. Smith successfully ran a $1B operation at 3Com Corporation, reporting to the CEO. Mr. Smith has also held prominent roles at leading security companies including Oracle Corporation.
In discussing his appointment, Mr. Smith stated, "St. Bernard is already a well recognized player in the marketplace. As the company begins to execute on its new platform strategy, the company is even better positioned to change the landscape of the security industry. I look forward to working with the enhanced management team to execute on a variety of exciting new initiatives that I hope will positively impact customers and shareholders."
About St. Bernard Software
St. Bernard Software develops and markets on demand, on-premises, and hybrid Secure Content Management (SCM) solutions to the mid-enterprise and small to medium business (SMB) markets. The company recently expanded its product portfolio with the acquisition of Red Condor, a leading provider of messaging security solutions. With an extensive ISP and MSP partner network and millions of end users worldwide in more than 8,000 enterprises, educational institutions, SMB, and government agencies, St. Bernard strives to deliver simple, high performance solutions that offer excellent value to our customers.
Based in San Diego, California, St. Bernard (
©2010 St. Bernard Software Inc. All rights reserved. The St. Bernard Software logo, iPrism, iGuard, the Red Condor Logo, and Vx Technology are trademarks of St. Bernard Software Inc. All other trademarks and registered trademarks are hereby acknowledged.
This press release may contain forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any statements of the plans, strategies, and objectives of management for future operations, including statements regarding potential new markets and clients and our ability to execute upon our new platform strategy and our ability to positively change the landscape of the security industry; any statements concerning proposed new products, services, or developments, including statements regarding the expansion of our product portfolio for on-demand, on-premise, and hybrid Secure Content Management solutions; any statements about expected opportunities for growth, statements of belief, including statements about the possible positive impact on our customers and shareholders, and any statement of assumptions underlying any of the foregoing.
The risks, uncertainties and assumptions referred to above include, among other things, the ability of Dave Smith to quickly and effectively integrate into St. Bernard's management team and to successfully execute the St. Bernard's sales strategies, including the expansion of St. Bernard's product portfolio for on-demand, on-premises, and hybrid Secure Content Management solutions and the ability to spearhead St. Bernard into larger enterprise clients and new overseas markets, the ability to effectively merge the operation of Red Condor with that of St. Bernard and the ability to retain the assets acquired, performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; and the difficulty of keeping expense growth at modest levels while increasing revenues. These and other risks and factors that could cause events or our results to differ from those expressed or implied by such forward-looking statements are described in our most recent annual report on Form 10-K, as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements.
Contact Information:
Media contact:
Lorrie Hunsaker
St. Bernard
(858) 524-2041