PGP Corporation Appoints Nick Riley as Regional Manager of Asia Pacific

SYDNEY, Aug. 6 /PRNewswire/ -- PGP Corporation, a global leader in enterprise data protection, today announced the appointment of Mr. Nick Riley as the company's regional manager for Asia Pacific, based in Sydney. Mr. Riley will be responsible for managing channel distributor and reseller relationships, as well as the company's key partnership with IBM as PGP(R) solutions are incorporated into IBM's security portfolio.

Mr. Riley was formerly the regional manager of global accounts for IT and networking infrastructure provider, NTT Communications Australia, a wholly-owned subsidiary of the NTT Group (Nippon Telegraph and Telephone Corporation), one of the largest telecommunications companies in the world.

Riley's appointment, together with senior sales engineer, Ben Fitzpatrick, signifies the company's solid positioning in the Asia Pacific region. PGP Corporation is looking to take advantage of the growing concern and need for data protection in the Asia Pacific region, as data security and encryption increasingly become a priority for all corporate and government enterprises.

"Riley's expertise in Asia Pacific will be a key asset in delivering value to our customers and partners in the region, particularly given the current climate of greater security through increased corporate governance and privacy legislation," said Lee Finck, vice president, worldwide channels at PGP Corporation. "Key market growth segments for PGP Corporation in Australia will focus on government, health care and financial services."

"We are in a great position in Asia Pacific as the region hasn't embraced government privacy legislation to the same extent as the US and the UK," said Nick Riley, regional manager of Asia Pacific, PGP Corporation. "Enterprises have been fairly reactive to date with their security, but this will change when security becomes mandated at a government level. Data encryption is very much an untapped market in this region and presents a tremendous opportunity for PGP Corporation."

About PGP Corporation

PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based on a unified key management and policy infrastructure, the PGP(R) Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP(R) platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, PDAs, network storage, FTP and bulk data transfers, and backups.

PGP(R) solutions are used by more than 80,000 enterprises, businesses, and governments worldwide, including 95 percent of the Fortune(R) 100, 75 percent of the Fortune(R) Global 100, 87 percent of the German DAX Index, and 51 percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at www.pgp.com or +1 650 319 9000.

    Media & analyst contact for PGP Corporation:
    Karin Krueger
    KDK Media
    +61 2 9979 3718 or +61 419 991 267
    karin@kdkmedia.com.au

    North America
    Tom Rice
    Merritt Group
    +1 703 856 2218
    rice@merrittgrp.com

Legal Notice Regarding Forward-Looking Statements

Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at PGP Corporation's sole discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation's products; any technological, regulatory, or standards changes in the security, encryption and authentications market which could make PGP Corporation's products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

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SOURCE PGP Corporation