Hifn Names CEO

LOS GATOS, Calif. -- Hifn (NASDAQ:HIFN) , the power behind network and information security, announced today that Albert E. Sisto has been appointed as the Company's Chief Executive Officer. He will also continue to serve as the Chairman of the Board.

"I am very pleased to join Hifn as its CEO. While serving as interim CEO since November, I have been impressed by the Company's core competencies, technologies and customer relationships," said Sisto. "Job number one is to return Hifn to a profitable leader in the markets it serves and I am pleased that the Board has given me the opportunity." Sisto continued to say, "Our strong balance sheet and market leadership provides us with the capability to provide valued products to our customers and partners. The recent expansion of our product lines opens new opportunities to achieve significant market share growth, improved top line performance and to create shareholder value."

Hifn Inc. (Nasdaq: HIFN)