RedSeal Systems Security Announces New CEO, Parveen Jain

PRESS RELEASE

San Mateo, CA - July 19, 2011- RedSeal Systems, Inc., the market’s leading provider of network security optimization solutions, announced today that board member and security industry expert Parveen Jain has been named as the company’s new chief executive officer.

Having served on RedSeal’s Board of Directors since 2007, Jain brings proven leadership that will allow the company to further its product innovation and empower enterprises to respond to the challenge of ever-growing network security complexity amid persistent threats.

With a distinguished executive and entrepreneurial background, Parveen most recently served as Co-founder and CEO at digital marketing analytics specialists JovianDATA. He previously held the positions of Executive Vice President for Corporate Development and Strategy, CMO & EVP of Marketing at McAfee after the security market leader acquired network security startup IntruVert Networks, of which Jain was Co-founder & CEO.

“I’m excited to assume the role of CEO at RedSeal as the company is poised to redefine its market presence and the incredible value of Network Security Optimization,” Jain said. “The opportunity facing RedSeal cannot be underestimated, as enterprises have invested millions in network security and have no effective means of understanding or measuring how these complex defenses are working to protect critical corporate assets.”

Jain was asked to lead RedSeal based on his proven track record of driving rapid expansion at security startups such as IntruVert which created the industry's first real-time network intrusion detection and prevention system for enterprise and government networks.

“Security professionals in organizations of all sizes are tasked to defend against escalating threats despite shrinking budgets. Addressing the complexity of today’s networks and attacks requires the intelligence and operational insights that RedSeal uniquely delivers, along with the opportunity to optimize security spending,” said Ray Rothrock, Chairman of RedSeal’s Board of Directors. “Parveen will drive RedSeal to even greater success by providing organizations with the products they need to improve their network defenses and prevent the data breaches that dominate today’s headlines.”

John Stewart, industry veteran and a strategic advisor to RedSeal, recognized the significant gap that the company fills in providing organizations with the ability to understand their overall network security standing and create metrics to trend changes over time.

“Despite many years and millions of dollars invested in network security, most organizations still have no idea where their biggest exposures exist in relation to real-world attackers,” said Stewart. “RedSeal provides organizations with an effective way to identify their critical network security weaknesses.”

Jain has a Ph.D. in Nuclear Engineering from the University of Illinois-UC, an MS in Nuclear Engineering from the University of Cincinnati, and a BE in Electric Engineering from the Indian Institute of Science. He has also been granted several patents, authored over 50 papers, and spoken at conferences worldwide.

Beyond the workplace, Parveen has a passion for helping to guide non-profit organizations. He is on the Board of Trustees for the American Federation for the Blind and is a founding advisor to the South Asian Heart Center, as well as the Jain Center of Northern California.

About RedSeal Systems, Inc.

RedSeal Systems develops network security optimization software that enables organizations to assess and strengthen their cyber-defenses. Unlike systems that detect attacks once they occur, RedSeal identifies holes in the security infrastructure that could be exploited—before they are discovered by hackers. RedSeal software analyzes and simplifies the complex interaction of firewalls and all other network security devices, delivering in-depth understanding of overall security standing, continuous compliance with regulations such as PCI, FISMA, and SOX, and actionable steps for risk remediation. For more information, visit RedSeal at www.redseal.net.