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Cloakware continues global expansion

Cloakware Inc., the world's leading provider of products and services that protect digital assets such as software, media, passwords and data from piracy and unauthorized access and use, today announced that the company is continuing its global expansion with a new European headquarters and regional sales team. To support Cloakware's rapid growth in Europe, the Middle East and Africa, the company also appointed Colin Brown as the Managing Director of EMEA.

"The European market has shown a tremendous demand for Cloakware's solutions from Global 500 companies, and we are excited to strengthen our international presence, " said David Canellos, Senior Vice President of Worldwide Sales at Cloakware. "We are looking forward to Colin Brown leading our European team as we continue to increase the distribution capacity of Cloakware's complete suite of products and services in this region."

Mr. Brown will be reporting to David Canellos, who, with Paul Litva, Vice President, EMEA & Canada, launched the company into EMEA in 2004. Mr. Brown will be responsible for expanding the EMEA presence through strategic relationships and customer acquisition programs. Brown is a seasoned executive with a history of introducing North American companies into EMEA and aggressively growing marketshare throughout the region. He is currently overseeing all Cloakware EMEA operations, including sales, marketing and strategic business development.

Mr. Brown is an accomplished sales and marketing executive with a proven track record developing successful global initiatives and supporting aggressive business goals. He most recently served as the VP of Worldwide Sales at Arantech, and has also led worldwide sales at Astracon and Orchestream.

Cloakware solutions are currently protecting millions of software clients on PCs, portable devices, mobile phones and set top boxes worldwide. Cloakware Robustness Solutions enable users to quickly and easily conform to content protection standards, significantly reducing the time and expense of developing compliant applications in-house. Cloakware Server Password Manager (CSPM) enables organizations to eliminate the common security vulnerability of hard-coded passwords in applications and scripts. CSPM is the only commercial solution to deliver automatic, regular and secure update and retrieval of application passwords while reducing manual effort and cost, helping organizations meet regulatory demands for the safeguarding of information.



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