To: Junkyardawg who wrote (13161 ) 2/14/1999 12:46:00 AM From: Kedels Respond to of 90042
Aladdin Appoints New VP to Head Up Its Software Security Unit Aladdin builds two strong business units for Internet and Software Security NEW YORK--(BUSINESS WIRE)--February 2, 1999-- Aladdin Knowledge Systems Ltd. (NASDAQ: ALDNF - news), a global leader in the field of Internet and Software Security, today announced the appointment of Jacob Vind as Executive VP and General Manager of Aladdin's Software Security Unit (SSU). Mr. Vind brings to Aladdin two decades of heavy-weight experience in software development, management and marketing. Between 1983 and 1997 he held a variety of key roles both in Israel and the USA with Liraz Systems, Inc., one of the ''big five'' software houses in Israel, providing system integration services and products in a variety of technological environments. Between 1988 and 1994 he established and was CEO of Liraz's US subsidiary, ASU. During this period he pursued an active and successful program of mergers and acquisitions, and forged strong commercial links with major industry players, such as Bay Networks, Cisco and Apple. Most recently he directed the establishment in Israel of the local operation of E*TRADE, which is a leading branded provider of online investing services, with a highly popular destination web site for self-directed investors. Welcoming Mr. Vind, Aladdin's Chairman and CEO, Yanki Margalit said: ''Jacob Vind brings a level of experience and a range of skills ideally suited to driving forward Aladdin's core Software Security business.'' Commenting on the developments at Aladdin, Mr. Margalit explained that to maximize the benefits flowing from the acquisition of eSafe, with its established R&D, marketing and distribution infrastructure, it had been decided decided to differentiate between the Internet Security and Software Security markets. In replying, Jacob Vind said: ''I am joining Aladdin just as its flagship Software Security products, HASP and Hardlock have once again triumphed in NSTL tests. This shows what a strong product line, and what a committed R&D team we have. I am looking forward to leading Aladdin forward to even greater success.''