Fort Collins, Colorado – (The Hosting News) – January 11, 2006 – Email software company, Privacy NETworks, has completed a number of
activities in line with its drive to deliver next-generation email management
solutions that, for the first time, integrate traditional SPAM and anti-virus
capabilities together with searchable archiving for compliance and automated
Privacy NETworks is ideally suited to ISPs and MSPs looking for a
single-source solution they can offer to increase their revenues and secure
new customers in the Small- to Medium-sized Business (SMB) market.
The company has retained technology executive Steven
Berens as its new CEO and is actively hiring to expand its workforce as it
readies for a major company launch early this year. The emerging growth
company, which announced in October that it received $2.4 million in
first-stage funding led by Aweida Ventures, is gearing up to capitalize on the
rapidly growing email management marketplace – estimated at more than
$6 billion in 2004 with expected continuing strong double digit growth per
year, according to market research firm International Data Corp (IDC).
Privacy NETworks has developed a fully integrated suite of tools designed
exclusively to manage all aspects of enterprise email security and management
requirements, primarily for email service providers and the SMB market. The
company’s solutions address the growing need for enterprise tools that include
easily searchable archiving, encryption, and integrated anti-spam and
Privacy NETworks has secured leading
industry partners, including Hewlett-Packard and a growing list of both
enterprise and managed service provider customers, to begin establishing a
solid position in the market.
According to Dan Aweida, General Partner of Aweida Venture Partners, ”Privacy NETworks has assembled a seasoned management team and the resources necessary to leverage truly unique solutions that address customer needs. Privacy NETworks is addressing a large and fast growing market opportunity for email management systems that span from SMB to enterprise-grade solutions.”
New CEO, Steven Berens, who has a successful history of leading companies’ entries into new markets, takes the helm at Privacy NETworks after more than 20 years experience in high technology markets. Beginning at IBM, where he led the launch of what is now the new tape drive standard, Linear Tape Open (LTO), to building an established market position for industry storage maverick Benchmark Storage Innovations and, subsequently directing strategy for Quantum’s storage devices, Berens knows first-hand how the management and security of email is quickly transcending traditional security and back-up methods.
Mr. Berens commented, ”Email is the lifeblood of organizations today. If you can’t access it, manage it, protect it and store it securely, you are at risk – both from a legal and business perspective. This is an exciting opportunity to help customers manage and protect their growing use of email with a high quality, simple to manage, well-architected suite of solutions.”
In addition, Berens says that as part of the addition to the Privacy NETworks team, Todd Massey, company founder and its first CEO, will continue as chief technology officer as well as taking over as chairman of the board.
In addition, the company’s recent funding efforts are helping it gear up for the launch of several new product additions to its integrated email management portfolio suite in the first half of 2006. The increased activity and operational needs of launching have necessitated additional hiring by Privacy NETworks. New positions across the board in finance, software development, human resources, marketing and customer support are currently being recruited and filled.
Mr. Berens added, ”The team at Privacy NETworks has done an outstanding job of launching the organization. The spirit of the company and the strong vision for the future will make it an attractive work environment in this high-growth industry.”
To learn more about Privacy NETworks, please visit: www.privacynetworks.com.