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Fox Technologies Expands Sales Team Following Successful Close to 2014

Leading server security company hires seasoned veterans to lead strategic direction of sales organization and accelerate company growth

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News provided by

Fox Technologies

Feb 10, 2015, 08:35 ET

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GRAND RAPIDS, Mich., Feb. 10, 2015 /PRNewswire/ -- Fox Technologies Inc., a portfolio company of Parallax Capital Partners, and leader in server control solutions, today announced the appointment of John Kolesar as Vice President of Sales, and Michael Murray as Director of Sales Engineering.

John Kolesar brings 20 years of sales experience in the IT security space to Fox Technologies. He specializes in early stage and restructured companies with the objective of driving new revenue. He provides vision and facilitates organizational change, process redesign, and best practices to increase revenues and improve bottom-line margins across diverse business landscapes. Past stops included Netrex, Counterpane, Foundstone, and Endforce among others, all of which were acquired.

Michael Murray brings over 19 years of experience in the IT security space to Fox Technologies with 15 years of experience with the BoKS product suite.  He is a CISSP certified Information Security practitioner with focus on Identity and Access Management technologies as well as Strong Authentication platforms.  Past stops included United States Marine Corps, M&I Data Services, Metavante Corp and Fidelity Information Services.

"Both John and Michael bring a unique blend of experience spanning across multiple channels of the IT security industry," said Victor Shepard, CEO, "they will play key roles in providing the structure needed to enable Fox Technologies to translate success and momentum generated in 2014 into profitable growth opportunities in 2015. I am excited to have them as part of the team."

About Fox Technologies, Inc.
Fox Technologies, Inc. helps companies protect corporate information assets with network security and access management software as well as striving to simplify compliance and streamline administration with an award-winning access management and privileged account control solution. Our access management software centrally enforces granular access entitlements in real time across diverse server environments. For more information, please visit www.foxt.com.

About Parallax Capital Partners
Parallax Capital Partners, LLC, is a private equity firm focused on acquiring and operating application software and related services companies. Since 1999, Parallax has acquired over 20 companies. Parallax's previous and current portfolio companies generate over $1.5 billion of annual revenues and have provided significant returns for its investors, partners and employees. Parallax has built an exceptional track record of transitioning divisions, subsidiaries and product lines into successful stand-alone entities. For more information, please visit www.parallaxcap.com.

Contact Information:
Kristin Davis
Director of Marketing
Fox Technologies, Inc.
(949) 734-4194
Email
www.foxt.com

Logo - http://photos.prnewswire.com/prnh/20150209/174438LOGO

SOURCE Fox Technologies

Related Links

http://www.foxt.com

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