Chrysalis-ITS Appoints Carlos Fox as VP Marketing and Business Development: Sun Microsystems Veteran Joins Internet Security Leader's Management Team

Business Wire, Nov 21, 2000

Business Editors

OTTAWA--(BUSINESS WIRE)--Nov. 21, 2000

Chrysalis-ITS, the leading developer of Ultimate Trust(TM) products for e-business and networking, today announced the appointment of Carlos Fox as the company's Vice-President of Marketing and Business Development.

Mr. Fox joins the company from netPCS Networks Inc. in Ottawa, where he served as Executive Vice President Marketing and Business Development. He has also held senior executive positions in a number of high technology companies, including JetForm Corporation, Sun Microsystems, and Hewlett-Packard.

Mr. Fox brings to Chrysalis-ITS over 20 years of experience in operational execution of marketing and business development. He will be responsible for implementing corporate marketing strategies that will further the company's position as a leader in the e-security marketplace.

"The addition of Mr. Fox to our executive team rounds out an impressive management roster," said Steve Baker, President and Chief Executive Officer of Chrysalis-ITS. "His leadership style and business acumen will add value to our entire organization and to our corporate brand."

At netPCS Networks, Inc., Mr. Fox drove the company's marketing and business development strategy. While at JetForm Corporation, Mr. Fox ran international sales and marketing, and during his tenure at Sun Microsystems, contributed his expertise to the international growth of the company's business development and marketing operations based out of their Silicon Valley headquarters.

"I am excited to join Chrysalis-ITS and be a part of a fast-growing company whose innovations are revolutionizing the industry," said Mr. Fox. "There is great opportunity to accelerate and expand the market growth of Chrysalis-ITS."

About Chrysalis-ITS

Chrysalis-ITS, Inc. is a global leader in building Ultimate Trust(TM) systems and semiconductors that power e-business security. Chrysalis-ITS' industry leading Luna(R) family of products accelerate virtual private networking and provide secure key management capabilities for organizations with high volume sensitive transactions. Chrysalis-ITS secures e-business transactions and communications over wired and wireless networks. Chrysalis-ITS customers include many of the world's leading financial institutions, service providers and government agencies. Chrysalis-ITS products are delivered through a global network of distributors and value-added resellers. Founded in 1994, Chrysalis-ITS is headquartered in Ottawa, Canada, with offices in London, UK; Boston MA, and Mountain View, CA. The company website is www.chrysalis-its.com.