Symantec Names Ron Moritz Chief Technical Officer
Moritz to Head Core Technology Group
Responsible for Research and Development
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 Symantecís Core Technology group, leveraging the companyís
investment in research and development.
Moritz will be responsible for building on Symantecís existing research
infrastructure to address the growing number of security issues facing the
industry. He also will ensure consistent development processes between
Symantecís 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
"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 companyís 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 nationís leading independent
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 masterís degrees in engineering and business administration
and his bachelorís 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.
NOTE TO EDITORS:
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Symantec, the Symantec logo, VERITAS, and the VERITAS logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the United States and certain other countries. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.
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.
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