Press Release

Ingrian Networks Appoints Michael Howard as President
and Chief Executive Officer

Former VERITAS and Oracle executive to drive Ingrian’s leadership in data privacy and key management initiatives

REDWOOD CITY, Calif. – June 11, 2007 – Ingrian® Networks, Inc., the leading provider of data privacy solutions, today announced the appointment of Michael Howard as president and chief executive officer.  In this position, Howard will drive overall strategy and identify new markets for the company while continuing to grow Ingrian’s strategic alliances.

“Michael has deep expertise in driving new product strategy and delivering the vision required to take companies into new markets,” said Robert Steinkrauss, who is retiring from Ingrian as CEO.  “His exceptional track record of growing companies and proven business leadership make him an excellent choice to lead Ingrian into its next phase.”

Howard brings more than 25 years of industry experience to Ingrian, most recently serving as CEO and chairman of OuterBay, where he helped guide the company to its successful acquisition by HP in 2006.  Before OuterBay, Howard served as vice president and general manager of VERITAS Software Corporation, the billion-dollar storage solutions vendor, where he managed its Internet Division.  Prior to VERITAS, he was vice president of Oracle's data warehouse and business-to-business integration division where he managed development, marketing, business development, curriculum, and a $1B product revenue center.  Before that, he was a vice president and general manager at Information Builders.  Howard received his bachelor of science with honors from the University of California at Berkeley.

“Bob has done an excellent job reinventing the company, and Ingrian is superbly poised to enter new privacy and encryption markets and strengthen its presence with key industry partners,” said Howard.  “With more than 100 Fortune 1000 enterprises as customers, Ingrian is a trusted provider for delivering the industry’s most robust key management solution.  I’m extremely excited to be joining a company with this kind of focus and potential for growth.”

About Ingrian Networks

Ingrian Networks brings complete data privacy to the enterprise.  With Ingrian DataSecure Platforms, organizations can protect structured and unstructured data, from within the data center out to remote locations, and ensure compliance with legislative and policy mandates for security.  DataSecure features a dedicated security appliance and specialized software that enables organizations to encrypt critical data in applications and databases.  With its capabilities for granular encryption, seamless integration, and centralized key and policy management, DataSecure enables organizations to guard against a range of security threats, with unparalleled ease and cost effectiveness.  Ingrian is a privately held company backed by such investors as Globespan Capital Partners, HighBAR Ventures, Menlo Ventures, Partech International, and Prism VentureWorks.  For more information, visit http://www.ingrian.com

 

 

Ingrian Networks

Betty Liang

650.261.2488

bliang@ingrian.com

 

Mindshare PR for Ingrian Networks

Heather Fitzsimmons

650-947-7400

heather@mindsharepr.com