To: ToySoldier who wrote (27146 ) 6/10/1999 4:59:00 AM From: EPS Read Replies (1) | Respond to of 42771
Monday June 7, 8:33 am Eastern Time Company Press Release Entrust Technologies Expands Board of Directors with New Appointments: Seasoned Business Executives and Government Leaders Complement Existing Skills of Entrust Technologies' Leadership Team PLANO, TEXAS--Entrust(r) Technologies Inc.(Nasdaq: ENTU - news), the global leader in solutions that bring trust to electronic transactions, today announced an expansion of its Board of Directors to coincide with several new elections. New appointments to Entrust Technologies Board of Directors consist of the following individuals: - Butler C. Derrick Jr. - Former U.S. Congressman, South Carolina. Partner, Powell, Goldstein, Frazer & Murphy LLP. - Jawaid Ekram - Senior Vice President, Visa International Network and Global Access Technology Services. - Michael P. Ressner - Vice-President, Finance, Nortel Networks Enterprise Solutions Group. - Christopher M. Stone - Senior Vice President, Strategy and Corporate Development, Novell, Inc. - James A. Thomson - President and Chief Executive Officer, RAND Corporation. ''I'm extremely pleased to welcome these accomplished individuals to our Board,'' said John Ryan, president and CEO, Entrust Technologies Inc. ''They bring an unparalleled breadth of business experience to Entrust Technologies as we extend our industry leadership position in bringing trust to e-business on the Internet.'' Biographical sketches on each of Entrust's Board members are available atentrust.com . Mr. Derrick, Mr. Ressner and Mr. Thomson were elected to the Entrust Board concurrent with Entrust Technologies' annual shareholders meeting May 5, 1999. Since that time, the Directors have decided to increase the size of the Board to 8 members and Mr. Stone and Mr. Ekram were elected to the Board. The five new additions to the Entrust Board, complement the strengths of existing board members F. William Conner, Terrell B. Jones and John A. Ryan: - F. William Conner: Executive Vice President, Nortel Networks Marketing and Communications. Mr. Conner has served as a director of Entrust Technologies since July 1997 and Chairman of the Board since October 1998. - Terrell B. Jones: Executive Vice President, Sabre, Inc and President of Travelocity.com. Mr. Jones has served as a Board member since January,1999. - John A. Ryan: President and Chief Executive Officer, Entrust Technologies Inc. Mr. Ryan has served as president and chief executive officer and as a director of the company since its founding in December of 1996. ''The expansion of the Entrust board in 1999 is part of our long-term strategy to build a high-quality board that represents a cross-section of respected industry and government leaders,'' said William Conner, chairman, Entrust Technologies Board of Directors. ''I believe the high caliber of the new members of Entrust Technologies' board reflects the dominant role the company has developed within the PKI market.'' Mr. Derrick, Mr. Ressner and Mr. Thomson have replaced David D. Archibald, Frank A. Dunn and Robert S. Morris who left the Board on or prior to the shareholders meeting. About Entrust Technologies Entrust Technologies Inc. is the global leader in providing products and services that allow e-businesses to manage trusted, secure electronic transactions over today's advanced networks, including the Internet, extranets and intranets. Since 1994, Entrust Technologies has been providing award-winning solutions to global enterprises, government entities, small to mid-sized businesses and individuals. Over four million Entrust Technologies users have been licensed with digital certificates to date. Entrust Technologies Inc. is headquartered in Plano, Texas with offices in Canada, the United States, the United Kingdom, Switzerland, Germany and Japan. For additional company information please visit entrust.com . In the United States, Entrust is a registered trademark of Entrust Technologies Inc. All Entrust product names are trademarks of Entrust Technologies. All other company and product names are trademarks or registered trademarks of their respective owners. Contact: Entrust Technologies Carrie Bendzsa (613) 247-3455 E-mail: carrie.bendzsa@entrust.com Website: www.entrust.com or Neale May & Partners Kate Bochonko (212) 317-0900 ext. 15 E-mail: bochonko@nealemay.com