XLA Xcelera

Protegrity Appoints Robert Fitzgerald as Executive Vice President of Sales Leading Data and Storage Security Firm Names Top Technology Executive to Management Team STAMFORD, Conn., Oct. 29 /PRNewswire/ -- Protegrity Corporation, the leading technology innovator for enterprise-wide database enterprise-wide database and storage security, has appointed Robert Fitzgerald to the position of executive vice president of sales. Fitzgerald has extensive experience in senior management with major technology companies such as Cartesis and Hyperion Software (now Hyperion Solutions, Inc.), as well as industry leaders American Brands, Inc, (now Fortune Brands, Inc.) and Midlantic Bank (now PNC Financial). Prior to joining Protegrity, Fitzgerald was president of Cartesis, Inc. a global provider of business performance management (BPM) software. From the time he joined the company in 1999, he was instrumental in developing and maintaining a thriving sales culture at Cartesis. Fitzgerald was also appointed executive vice president and member of the executive committee of Cartesis SA during 2002. "Bob is a creative, high-energy professional who has an outstanding track record of success in the software industry," said Gordon Rapkin, president and CEO of Protegrity. "He understands the dynamics of solving critical business challenges for Global 2000 companies. His strengths add a new dimension to Protegrity's exceptional management team, and his experience and drive will be a positive force as we continue to exceed our growth objectives." At Cartesis, Fitzgerald established a beachhead of high-profile clients by understanding their unique business challenges and working with their executives to develop exceptional solutions. He built a robust sales organization and infrastructure, hiring industry experts with deep experience in the BPM market. "I am delighted to join the Protegrity team at this exciting time," commented Fitzgerald. "Companies today are facing much stiffer regulatory requirements for data security, as well as increasingly sophisticated internal and external security threats. In addition to now-established regulations such as Sarbanes-Oxley and HIPAA, companies are being forced to comply with laws such as California's SB1386 and trade association initiatives such as VISA's Cardholder Information Security Program (CISP). Both impose severe penalties for breaches in consumer privacy. Companies are recognizing the need for a more far-reaching approach to data protection, and this is exactly the challenge Protegrity products are designed to solve." Companies implement Protegrity's solutions to centrally define and manage enterprise data security policies and comply with current and emerging regulations. Protegrity's flagship software product, Secure.Data (TM), selectively encrypts sensitive data at the data-item level for database and storage security. Secure.Data delivers a unique combination of strong data protection and extensive auditing and reporting capabilities, without impacting existing applications and IT infrastructure. About Protegrity Protegrity Corporation is the leading innovator of enterprise-wide database and storage security. The company's flagship product Secure.Data enables companies to deploy comprehensive security policies that empower management to confidently take responsibility of their sensitive data. With Secure.Data, businesses can mitigate corporate risk and assure compliance with regulatory obligations. Protegrity's solutions are platform independent and are designed to protect information wherever it resides in today's highly distributed computing environments. For more than eight years, Protegrity's award-winning technology has helped more than 60 customers, including many of the Fortune 100, address and resolve critical security challenges. Protegrity invented the core technology used for data-level encryption and owns key patents for database security and protection. Protegrity is wholly owned by Xcelera Inc. (AMEX:XLA). For more information, visit http://www.protegrity.com/. Secure.Data is a trademark of Protegrity Corporation. All other trademarks are the property of their respective owners. DATASOURCE: Protegrity Corporation CONTACT: Linda Galloway of Apollo Associates, +1-203-790-1591, , for Protegrity Corporation Web site: http://www.protegrity.com/

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