2014

Wurldtech Appoints V. Paul Lee and Dr. Moe Kermani to Board of Directors to Drive Innovation Leading Technology Executives to Provide Corporate Guidance as Company Gains Momentum

VANCOUVER, British Columbia, June 19, 2012 /PRNewswire/ -- Wurldtech Security Technologies, leaders in protecting mission-critical connected devices from persistent and dynamic cyber security threats, today announced the appointment of V. Paul Lee (chair) and Dr. Moe Kermani to its board of directors.  In these roles, Mr. Lee and Dr. Kermani will provide strategic guidance on the company's corporate vision and technology innovation.

V. Paul Lee is the managing partner of Vanedge Capital, a leading digital media venture capital fund in Canada.  Mr. Lee is the former president of Electronic Arts, Inc. (EA), a global leader in interactive software, where he was responsible for its Worldwide Studios group.  He has invested in and served on the boards of a number of Canada's most successful technology companies, including Blast Radius, Active State, ALI Technologies, Bycast, DWave Systems, Recon Instruments and Gamerizon.   He is currently the chair of DigiBC, a member of the Premier's Technology Council, and one of Canada's representatives to the APEC Business Advisory Council.  Mr. Lee has received numerous awards, including a Commemorative Medal for the Golden Jubilee of Her Majesty Queen Elizabeth II, BC Technologies Industries Association Person of the Year, and University of British Columbia's Sauder School of Business Honorary Fellow.

Dr. Moe Kermani is a former vice president of NetApp Inc., a leading provider of enterprise data storage solutions. Previously, Dr. Kermani was president and CEO of Bycast Inc., the world leader in storage virtualization software for large-scale digital archives and storage clouds. NetApp acquired Bycast in the spring of 2010. Prior to his tenure with Bycast, Dr. Kermani was head of research and development for Sonigistix Corporation, a leading developer of high performance audio transducers. Dr. Kermani has extensive experience working with entrepreneurial companies and taking leading-edge technology solutions to market. Dr. Kermani currently serves on the board of directors of the Acetech.  He holds a M.Sc. and Ph.D. in physics from the University of British Columbia, is a recipient of the Business in Vancouver's Forty Under 40 Award and was named the BC Technology Industries Association's Person of the Year for 2011.

"We are proud to welcome V. Paul Lee and Moe Kermani to our board of directors," said Wurldtech CEO, Neil McDonnell.  "Along with current board members Mr. Erik Dysthe and Dr. Ralph Winter, these gentlemen bring extensive expertise in technology and innovation.  We will look to them for their experience on strategic and financial matters, which will no doubt help affirm the strength of our products and technology in the market."

Wurldtech's products and services provide protection against the persistent and dynamic threat of cyber attack. Its solutions have proven to dramatically reduce the risk and cost of attacks for customers such as Shell and BP (operators of large control systems) and Siemens, Schneider Electric, and ABB (manufacturers of embedded industrial control systems).

To view the biographies of the entire Wurldtech board of directors, please visit www.wurldtech.com.

About Wurldtech Security Technologies

Founded in 2007, Wurldtech is a software company providing protection for mission critical connected devices against the persistent and dynamic threat of cyber attack. We follow our customers' security lifecycle by providing innovative assessment products to discover threat and vulnerability profiles; automated testing for device vulnerabilities with Achilles® Test Appliance; device and development practice certification through Achilles Certification, and mitigation of known vulnerabilities in installed networks with Achilles Threat Intelligence Signatures. We are internationally recognized cyber security experts who help industrial stakeholders identify and mitigate cyber security vulnerabilities to reduce the risk and cost of attacks. Wurldtech solutions are currently used by global customers worldwide spanning Oil & Gas, Electric Power, Medical, Nuclear, Chemical and Water Treatment markets. Visit wurldtech.com for more information.

PR Contact:
Kim Dearborn
Nadel Phelan, Inc.
+1-831-440-2407
kim@nadelphelan.com

SOURCE Wurldtech Security Technologies



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