Press Release
POSTINI APPOINTS NEW CHIEF FINANCIAL OFFICER
Former Adobe Executive Murray Demo Joins Postini Management Team
SAN CARLOS, CA, May 29, 2007 — Postini, a global leader in on-demand communications security and compliance solutions for email, instant messaging and the web, today announced that Murray Demo has joined the company as executive vice president and chief financial officer. Demo reports to Postini's president and chief executive officer, Quentin Gallivan.
Demo joins Postini after a ten year career at Adobe Systems Inc., serving as chief financial officer for the last six years. During his tenure at Adobe, the company grew to $2.5 billion in annual revenues and to a market capitalization of more than $20 billion. At Adobe, Demo had global responsibility for the company's finance, investor relations, information services, real estate and facilities, purchasing and global supply-chain management organizations.
"We are extremely pleased to welcome Murray to Postini's management team. He brings broad financial experience and global expertise to Postini, as well as a solid reputation among the financial community," said Quentin Gallivan, president and CEO of Postini. "Murray's leadership and knowledge of the strategic, operational and financial requirements for high-growth global businesses like Postini will be great assets as we scale and expand while maintaining our tradition of financial excellence and fiscal discipline."
Prior to Adobe, Demo served in various leadership roles at Miller Freeman, Visionary Corporate Technologies, First Image Management and GM Hughes Electronics. He also serves on the board of directors for Citrix Systems Inc. Demo earned a bachelor of arts degree in business economics from the University of California, Santa Barbara and an MBA from Golden Gate University.
"I am thrilled to be joining Postini and look forward to driving the company to achieve even greater levels of success in the global Software as a Service marketplace for communications security and compliance solutions," said Demo. "With a large, loyal client base and a market-leading suite of on-demand solutions, the company is extremely well positioned and I'm excited to work closely with Quentin and the rest of the management team to aggressively scale the business."
About Postini
Postini is the global leader in on-demand communications security, compliance, and productivity solutions for email, instant messaging and the web. Postini's award-winning services are designed to protect customers from viruses, spam, phishing, fraud, and other attacks; encrypt messages to ensure confidentiality and privacy; and archive communications to ensure compliance with regulations and to prepare for e-discovery.
More than 35,000 businesses rely on Postini everyday to protect them from a wide range of threats, ensure reliable communications reduce compliance and legal risks, and enable the intelligent management and enforcement of enterprise policies to protect intellectual property, reputations, and business relationships. For more information please contact Postini at info@postini.com or visit http://www.postini.com.
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