CUPERTINO, Calif. -- Feb. 17, 2000 -- Symantec Corporation (Nasdaq: SYMC) today announced the appointment of Ron Moritz as chief technical officer. An Internet security expert with 15 years technical experience, Moritz will lead Symantec’s Core Technology group, leveraging the company’s investment in research and development.
Moritz will be responsible for building on Symantec’s existing research infrastructure to address the growing number of security issues facing the industry. He also will ensure consistent development processes between Symantec’s Enterprise Solutions and Consumer Products divisions, maximizing core technologies between the two groups.
"Our enterprise customers are looking for a partner to help them confront the increasingly complex security issues becoming more prevalent on the Internet," said John W. Thompson, Symantec chairman, president and CEO. "I am confident Ron has the security expertise and strong research background to expand our team that will help Symantec stay one step ahead of those threats and maintain its leadership position as the provider of choice for Internet security solutions."
"I am pleased to be part of this innovative and dynamic organization at a time when it is rebuilding itself as a key Internet security solution and service provider," said Moritz. "As internetworking hardware is the plumbing of the Internet, security software is the foundation on which e-commerce will emerge. I am excited about the opportunity to set the technical tone for Symantec."
Moritz joins Symantec after his tenure with Finjan Software, Inc., where he served as chief technology officer and was responsible for establishing and maintaining the company’s technological standards and vision. He also served in a variety of technical positions at companies including PlanSoft Corporation, Invidea Research Group Inc. and Information Access Inc. In addition, Moritz served as associate director for information technology at Case Western Reserve University, one of the nation’s leading independent research institutions.
An established expert in Internet security, Moritz currently chairs the Common Content Inspection API interoperability standardization initiative for the security industry. He has published and presented numerous papers on a variety of security topics including mobile code security, web browser security, security and electronic commerce, and computer ethics and privacy. In addition, he has been certified by the International Information Systems Security Certification Consortium as an Information Systems Security Professional. Moritz attended Case Western Reserve University in Cleveland where he received master’s degrees in engineering and business administration and his bachelor’s degree in mathematics.
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
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FORWARD LOOKING STATEMENT: This press release contains forward-looking statements. There are certain important factors that could cause Symantec's future development efforts to differ materially from those anticipated by some of the statements made above. Among these are the anticipation of the growth of certain market segments, the positioning of Symantec's products in those segments, the competitive environment in the software industry, dependence on other products, changes to operating systems and product strategy by vendors of operating systems, and the importance of new Symantec products. Additional information concerning those and other factors is contained in the "Risk Factors" section of the company's annual report on Form 10-K for the fiscal year ended Feb. 11, 2000.