Lancope® PRESS RELEASE
Lancope Names Tim McCormick Vice President of Marketing
Security Veteran Provides Industry Expertise and Focus
ATLANTA, FEBRUARY 1, 2005 - Lancope®, Inc., the leading provider of network behavior anomaly detection (NBAD) systems, today announced that Tim McCormick, a highly-esteemed veteran of the information security industry, has joined the executive management team as vice president of marketing. In his new role, McCormick will lead the company’s marketing, branding and customer acquisition strategy and execution.
McCormick brings over 20 years of experience in marketing, sales and business development in enterprise software to Lancope. Most recently McCormick was vice president of marketing at ClickFox, a customer behavior intelligence start-up. Prior to that, McCormick was a member of the founding management team and vice president of marketing for Internet Security Systems, Inc. (Nasdaq: ISSX). McCormick joined ISS in 1996, where he led ISS’ marketing team, establishing market awareness and growing revenue and market share. During his tenure at ISS, revenue grew from $250K in 1995 to over $245M in 2003. Before ISS, McCormick held various senior marketing and sales management roles at enterprise software start-ups and global, public software companies, including D&B Software/MSA, TSW International, TSI International, ASK Computer Systems and Oriole Software, Inc.
“Lancope customers have successfully implemented our StealthWatch™ detection solution, resulting in rave reviews from Fortune 500 companies and government agencies alike. With Tim’s vast enterprise security market experience and leadership, he brings the energy and focus we need to propel Lancope to higher levels of success,” said Harland LaVigne, chairman, president and CEO of Lancope.
“I am extremely excited to be joining such a talented team of technology professionals and security experts. The Lancope team, coupled with their industry-leading technology, represents one of the most unique opportunities in the enterprise security market today,” said McCormick. “The most compelling aspect of Lancope’s success is its significant customer growth in both the commercial and government sectors. I look forward to building on that success and to continue growing Lancope’s awareness and customer demand for StealthWatch in the market”.
About StealthWatch System
The StealthWatch System, which includes StealthWatch, StealthWatch Xe, StealthWatch+Therminator™ and StealthWatch Management Console™, is the leading NBAD system that defends internal networks against zero-day attacks, internal misuse, and unnecessary network exposures. StealthWatch continuously monitors network behavior, detects anomalies and isolates known and unknown threats. Expanding beyond the capabilities of traditional network security products, StealthWatch collects, categorizes and analyzes network traffic to create comprehensive security intelligence at both network and host levels. Providing a cost-effective, single point of reference for optimizing security and network operations, StealthWatch enables organizations to improve the network health and security posture of their networks.
About Lancope
Lancope is the leading provider of NBAD solutions that defeat zero-day worms, internal network misuse and other anomalies that compromise network integrity. Lancope’s StealthWatch integrates security and network management technology to reduce network risks and maximize network availability by rapidly identifying, prioritizing, mitigating and resolving critical threats, whether new or well-known. Both OPSEC and Common Criteria-certified, StealthWatch was named InfoWorld’s 2005 Technology of the Year and a finalist for Network Computing’s 2004 Well Connected Awards. Additionally, it has received outstanding reviews from InfoWorld, eWeek and CRN magazines. Defending the networks of Global 2000 organizations, academic institutions and government entities, Lancope’s StealthWatch protects over 150 enterprise customers and 15 million hosts worldwide. Lancope is a privately held, venture-backed company headquartered in Atlanta, Georgia. For more information, call 888-419-1462 or visit www.lancope.com.
