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
"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
Giesbrecht has a degree from the Technical University of Furtwangen, Germany.
Symantec plans to announce a successor as vice president EMEA.
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 April 2, 1999 and all
quarterly reports filed subsequent to such date.
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