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News Release Symantec Promotes Giesbrecht To Run International Business CUPERTINO, Calif. - March 22, 2000 -- Symantec Corp. (Nasdaq: SYMC) today announced the appointment of Dieter Giesbrecht as senior vice president International. Previously Giesbrecht had been vice president of Symantec's Europe, Middle East and Africa (EMEA) business for three years. In his new role, Giesbrecht is responsible for Symantec's worldwide business outside of the United States and Canada including all sales, marketing and services activities. At just less than $85 million, international revenue accounted for 42 percent of Symantec's $201 million total revenue in the December 1999 quarter. "As Vice President EMEA, Dieter achieved tremendous revenue growth. In his new international role, he will be looking to achieve similar results on a larger geographic scale," said John W. Thompson, Symantec chairman, president and CEO. "He will also be focused on implementing consistent business practices across our international operations." Giesbrecht has a degree from the Technical University of Furtwangen, Germany. Symantec plans to announce a successor as vice president EMEA.
About Symantec NOTE TO EDITORS: : If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States. 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 April 2, 1999 and all quarterly reports filed subsequent to such date.
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