Quantcast
Last updated on April 17, 2014 at 8:50 EDT

Commtouch Names Brian Briggs as Chief Financial Officer

December 12, 2012

MCLEAN, Virginia, December 12, 2012 /PRNewswire/ –

Commtouch(R) (NASDAQ: CTCH), a leading provider of Internet security technology and
cloud-based services, today announced that Brian D. Briggs will replace outgoing CFO Ron
Ela as of January 1, 2013.

(Logo:
http://photos.prnewswire.com/prnh/20120501/529254 )

Briggs will join Commtouch after serving as executive vice president and CFO at
SecureNet Payment Systems, a payment processing technology provider. He brings more than
22 years of finance and operations experience, offering extensive expertise in
profitability building in both public and private equity sectors, including leading an IPO
and over four years of successfully serving as CFO of a publicly traded company. Prior to
his post at SecureNet, Briggs served in various management roles at Custom Direct ,
Ashton-Potter, Ithaca Bancorp (now M&T Bank), and Ernst & Young.

Briggs earned a degree in finance and economics from Cornell University and completed
executive education programs at Harvard Business School, The Wharton School, Stanford
Graduate School of Business and Johnson School of Business – Cornell.

With a focus on operational excellence and strategic planning, Briggs will lead
Commtouch’s finance, accounting, investor relations and regulatory compliance functions.
His role is integral in furthering Commtouch’s growth through the delivery of private
label cloud-based security solutions specifically designed for OEM and service provider
markets.

“I am extremely pleased to announce the appointment of Brian Briggs as Chief Financial
Officer,” said Shlomi Yanai, CEO at Commtouch. “As we continue our focus on our OEM
business and the private labeling of cloud-based Security-as-a-Service solutions, ensuring
strong leadership within our senior management team is key. With experience serving as a
CFO of a publicly traded company, Brian brings the finance and operations background we
need as we build upon our business. I welcome Brian to the Commtouch team.”

“I believe Commtouch is uniquely positioned for sustained growth, and I am honored to
become part of its senior management team,” Briggs said. “The company continues to
leverage its powerful technology and extensive network of partners and customers. In
taking the role of CFO, I look forward to helping lead Commtouch’s strategic planning to
ensure the ongoing success of its acquisitions, R&D and greatly expanded go-to-market
strategies.”

About Commtouch

Commtouch(R) (NASDAQ: CTCH) is a leading provider of Internet security technology and
cloud-based services for vendors and service providers, increasing the value and
profitability of our customers’ solutions by protecting billions of Internet transactions
on a daily basis. With six global data centers and award-winning, patented technology,
Commtouch’s email, Web, and antivirus capabilities easily integrate into our customers’
products and solutions, keeping more than 350 million end users safe. To learn more, visit

http://www.commtouch.com.

        - Blog: http://blog.commtouch.com/cafe
        - Facebook: http://www.facebook.com/commtouch
        - LinkedIn: http://www.linkedin.com/company/commtouch
        - Twitter: @Commtouch

Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and
Commtouch is a registered trademark of Commtouch. U.S. Patent No. 6,330,590 is owned by
Commtouch. All other trademarks are the property of their respective owners.

This press release contains forward-looking statements, including projections about
our business, within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. For example, statements in the future tense,
and statements including words such as “expect,” “plan,” “estimate,” “anticipate,” or
“believe” are forward-looking statements. These statements are based on information
available to us at the time of the release; we assume no obligation to update any of them.
The statements in this release are not guarantees of future performance and actual results
could differ materially from our current expectations as a result of numerous factors,
including business conditions and growth or deterioration in the Internet market, commerce
and the general economy, both domestic as well as international; fewer than expected
new-partner relationships; competitive factors, including pricing pressures; technological
developments, and products offered by competitors; the ability of our OEM partners to
successfully penetrate markets with products integrated with Commtouch technology; a
slower than expected acceptance rate for our newer product offerings; availability of
qualified staff; and technological difficulties and resource constraints encountered in
developing new products, as well as those risks described in the text of this press
release and the company’s Annual Reports on Form 20-F and reports on Form 6-K, which are
available through http://www.sec.gov.

        Company Contact:
        Ron Ela, Chief Financial Officer
        Commtouch
        (US) +1-650-864-2291 (Int'l) +972-9-8636813
        ron.ela @commtouch.com

        U.S. Investor Contact:
        Christopher Chu
        Grayling
        +1-646-284-9400
        commtouch@grayling.com

        Israel Investor Relations Contact:
        Iris Lubitch
        EffectiveIR
        +972-54-252-8007
        Iris@EffectiveIR.co.il

        Commtouch Media Contact:
        Matthew Zintel
        Zintel Public Relations
        +1-281-444-1590
        matthew.zintel@zintelpr.com


    Photo: 

http://photos.prnewswire.com/prnh/20120501/529254

SOURCE Commtouch


Source: PR Newswire