Sunnyvale, CA – August 2, 2010 – Commtouch® (Nasdaq: CTCH), a leading email and Web security technology provider, announced today that Lior Samuelson, founder and managing partner of Mercator Capital, a merchant bank specializing in advising and investing in the technology and telecom sectors, is joining Commtouch’s board of directors.
“We’re delighted that Lior Samuelson has accepted our invitation to join our board,” said Gideon Mantel, Commtouch chief executive officer and chairman of the board. “His decades of experience in strategy, mergers and acquisitions and capital markets along with his proven expertise in technology and telecom companies will provide Commtouch with valuable insight and perspective to aid in positioning us for further long-term growth.”
During his extensive career, Mr. Samuelson served as chairman, CEO and board member of several companies in technology, telecom, financial services and management consulting. In 2008, he was the chairman of Deltathree (DDDC); from 1997 to 1999, he was the president and CEO of PricewaterhouseCoopers Securities.
Prior to that, he was the president and CEO of The Barents Group, a merchant bank specializing in advising and investing in companies in emerging markets. He previously was a managing partner with KPMG and held a senior management position at Booz, Allen & Hamilton. Mr. Samuelson earned B.S. and M.S. degrees in Economics from Virginia Tech.
“I am looking forward to being part of Commtouch’s board of directors, and to helping the company best leverage its valuable base of dedicated employees and world class technologies for the benefit of its customers and shareholders,” said Mr. Samuelson. “Commtouch has the potential to expedite its growth over the coming years both naturally and through M&A, and I look forward to being an active part of it.”
About Commtouch
Commtouch® (NASDAQ: CTCH) provides proven messaging and Web security technology to more than 130 security companies and service providers for integration into their solutions. Commtouch’s GlobalView™ and patented Recurrent Pattern Detection™ (RPD™) technologies are founded on a unique cloud-based approach, and work together in a comprehensive feedback loop to protect effectively in all languages and formats. Commtouch technology automatically analyzes billions of Internet transactions in real-time in its global data centers to identify new threats as they are initiated, protecting email infrastructures and enabling safe, compliant browsing. The company’s expertise in building efficient, massive-scale security services has resulted in mitigating Internet threats for thousands of organizations and hundreds of millions of users in 190 countries. Commtouch was founded in 1991, is headquartered in Netanya, Israel, and has a subsidiary in Sunnyvale, Calif.
Stay abreast of the latest news at the Commtouch Café:
http://blog.commtouch.com. For more information about enhancing security offerings with Commtouch technology, see http://www.commtouch.com or write to info@commtouch.com.
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and Commtouch is a registered trademark, of Commtouch Software Ltd. U.S. Patent No. 6,330,590 is owned by Commtouch.
Investor Relations Contact:
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Tel:
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commtouch@ccgisrael.com
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