Symantec Appoints Vice President To Run Europe, Middle East And Africa
Lotus Executive Giuseppe Verrini Joins Internet Security Leader as Head of $200 million Region
CUPERTINO, Calif. - April 27, 2000 --
Symantec Corp. (Nasdaq: SYMC) today
announced the appointment of Giuseppe Verrini as vice president Sales, Marketing
and Services of its Europe, Middle East and Africa (EMEA) region.
Giuseppe Verrini joins the company from Lotus Development where he was general
manager of Southern Europe, Middle East, Mediterranean, Eastern Europe and
Africa. As vice president of Symantec EMEA, he is responsible for the company's
largest operation outside the United States. The EMEA region generates more than
$200 million a year in revenues and grew 24 percent in the first quarter of 2000.
"Symantec is emerging as a leader in the fast-growing Internet security market,"
Verrini said. "I am delighted to join a successful and growing company which has
clear strategic objectives and a track record in achievement."
Giuseppe Verrini takes over from Dieter Giesbrecht, who has been promoted to
senior vice president International with responsibility for Symantec's worldwide
business outside of the United States and Canada.
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:
: 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, new security threats,
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.
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