New Head For Panda Security

PRESS RELEASE

Bracknell, Jan 16, 2014.

Panda Security, The Cloud Security Company, today announced the appointment of Diego Navarrete as CEO of the multinational computer security company.

Navarrete joins Panda Security from IBM, and has extensive experience in the software and security sectors. Over the past two years, Panda Security's new CEO has been director of IBM's Security Systems Division in Europe, a company he joined in 1998. Since then, Diego Navarrete has occupied various executive positions at the American multinational corporation, as well as being director for three years (2009-2012) of the company's Cloud and Server Infrastructure business division for Southwest Europe.

Diego Navarrete holds a Bachelor's Degree in Business Administration from the Universidad Complutense de Madrid (Spain), and completed different senior executive programs at INSEAD (France), London Business School (United Kingdom) and Boston University (USA).

"Being part of Panda Security's team is a great opportunity I approach with the utmost passion and enthusiasm. I am truly convinced that 2014 will be a pivotal year for both Panda and the computer security industry. Cloud Computing, Big Data and mobility will continue to be the market's driving forces, and Panda holds a strong position as one of the top players in these areas", explained Diego Navarrete, CEO of Panda Security. "I have a good knowledge of the company's strategy and portfolio and I believe it is on the right track. In any event, as I mentioned before, we are just at the start of what will undoubtedly be a very important year for the entire security industry".

About Panda Security

Founded in 1990, Panda Security is the world's leading provider of cloud-based security solutions, with products available in more than 23 languages and millions of users located in 195 countries around the world. Panda Security was the first IT security company to harness the power of cloud computing with its Collective Intelligence technology. This innovative security model can automatically analyze and classify thousands of new malware samples every day, guaranteeing corporate customers and home users the most effective protection against Internet threats with minimum impact on system performance. Panda Security has 56 offices throughout the globe with US headquarters in Florida and European headquarters in Spain

Panda Security collaborates with The Stella Project, a program aimed at promoting the incorporation into the community and workplace of people with Down syndrome and other intellectual disabilities, as part of its Corporate Social Responsibility policy.

For more information, please visit http://www.pandasecurity.com