Corero Network Security Announces Executive-Level Appointments

Corero Network Security Appoints Ashley Stephenson as Chief Executive Officer to drive forward Corero’s sales-led growth strategy

HUDSON, MA., January 21, 2013 – Corero Network Security, a leading provider of First Line of Defense product and services including Distributed Denial of Service (DDoS) Defense protection today announced that building on continued market momentum and in order to position the business for its next phase of channel led-sales growth, long time IT industry executive and Internet technology entrepreneur Ashley Stephenson has been named Chief Executive Officer (CEO).

Stephenson, who joined Corero Network Security in March 2012 as Executive Vice President of product management and strategy, has been appointed to drive continued expansion.

Marty Meyer, who has led the company since August, 2011, will assume the role of President, where he will work in tandem with Stephenson to ensure Corero’s continued worldwide growth.

“The progress and investment made in the business, and the appointment of Ashley Stephenson as Chief Executive Officer to drive forward Corero’s sales-led growth strategy, have positioned the business well for the future,” said Andrew Miller, Group Chief Operating Officer at Corero.

A seasoned executive with a proven track record in the technology industry, Stephenson has a notable record, having co-founded or led several technology companies as Chairman or CEO. He has significant operating experience in the United States, Europe and Asia.

The new IT infrastructure perimeter, Corero’s solutions stop unwanted traffic before it hits an organizations infrastructure so existing technology can do what is intended to do. This first line of defense broadens significantly Corero’s addressable market. Corero Network Security remains committed to investing for growth, including product development, sales and marketing.