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Verdasys Promotes Peter Tyrrell to Chief Operating Officer

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WALTHAM, Mass., July 29, 2014 (GLOBE NEWSWIRE) -- Verdasys, the leading provider of advanced data protection for endpoints for Global 2000 and mid-sized companies, has promoted Peter Tyrrell to chief operating officer (COO). As COO, Pete will be responsible for enabling operational excellence across the company and building capabilities for the company's future growth.

"Pete has built a successful field operations organization at Verdasys, and our growth over the past two years is a testament to his leadership," said Ken Levine, president and CEO of Verdasys. "As COO, Pete's role will expand greatly, and his deep software industry experience and versatility will benefit our management team tremendously as we enter this next phase of accelerated growth."

Prior to being named COO, Tyrrell managed Verdasys' growing sales team for North America, Europe and Asia. Before Verdasys, Tyrrell was executive vice president of sales at Verivo Software and held executive sales and management positions at 170 Systems (acquired by Kofax), ArrowPoint Communications (acquired by Cisco), and Parametric Technology Corporation (PTC). As vice president of worldwide sales operations and marketing at PTC, Pete saw revenue grow from $3M to over $1.1B annually.

"The IT security marketplace is undergoing rapid transformation and this creates tremendous opportunity for our company," said Tyrrell. "We have a world-class team in place, a strongly differentiated offering and a proven track record of protecting data for the world's most valuable brands. This next chapter for me – and for Verdasys – will certainly be exciting."

About Verdasys

Verdasys (https://verdasys.com) provides advanced data protection solutions for endpoints. Verdasys' flagship product, Digital Guardian, is the only solution that can empower businesses to detect and stop both insider and cyber attacks from a single platform. Digital Guardian was recognized as a leader in Gartner's 2013 Magic Quadrant for Content-Aware Data Loss Prevention and is a proven endpoint security solution which offers the broadest data visibility and endpoint control. Digital Guardian's capabilities span market-leading data classification, kernel-level visibility of system and end user behavior and behavioral detection rules that recognize anomalous behavior on endpoints. Since 2003, almost two million Digital Guardian agents have been deployed to protect critical data for government agencies and global leaders in financial services, insurance, technology, manufacturing and healthcare.

CONTACT: Andrea LePain for Verdasys alepain@greenough.biz 617-275-6526

Source: Verdasys