Viktor Kovacs appointed new Chairman of the Board at Clavister

Clavister (Nasdaq: CLAV) announced today that the Clavister Board of Directors has appointed Viktor Kovacs to be Chairman of the Board until the next Annual General Meeting. Mr Björn Norrbom, elected Chairman of the Board at the Annual General Meeting, has—for personal reasons—chosen to request a termination from its role as Board member and Chairman of the Board of Clavister.

Kovacs—previously the Deputy Chairman of the Board— has significant and global experience in strategy design and implementation in developing companies in the ICT sector and has had key roles in EDS Corp. (acquired by HP), Portal Software (acquired by Oracle), Cisco, and others. As Chairman of the Board, Kovacs will help guide the company into a phase of commercialization and strategic growth, facilitating organizational execution and accountability on its management ambitions.

“As an industry veteran, I have had the opportunity to help organizations realize their maximum potential and deliver shareholder value through a relentless focus on customer satisfaction and growth of market share.  This new role allows me to help Clavister reach its full commercial and brand potential by further driving its innovation strategy to new customers and markets, while maintaining and growing its already impressive base of enterprise and service provider customers. We see more and more an appetite for the firm’s telecom solution and the enterprise business is seeing strong signals from key customers and new ones. It’s a very exciting time for the company and I’m happy to be part of the Clavister family as we continue our impressive growth based on the principles of customer satisfaction, market-leading innovation, and brand value,” Kovacs states.

--Ends

For more information, please contact:
John Vestberg, President and CEO
john.vestberg@clavister.com

About Clavister

Clavister is a leading security provider for fixed, mobile and virtual network environments. Its award-winning solutions give enterprises, local and federal governments, cloud service providers and telecoms operators the highest levels of protection against current and new threats, and unmatched reliability.  The company was founded in Sweden in 1997, with its solutions available globally through its network of channel partners.  Clavister is a member of Intel’s Network Builders program (networkbuilders.intel.com), a cross-industry initiative.

Clavisters Certified Advisor is Remium. Clavister is traded at NASDAQ OMX Stockholm and has 5802 shareholders.

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About Us

Clavister is a network security vendor delivering a full range of network security solutions for both physical and virtualized environments. Our network security solutions are used by a wide range of organizations throughout the world, including mobile and network security solutions for large enterprises, cloud service providers and telecom operators. Our product portfolio demonstrates world-class performance, flexibility and robustness. We continue to innovate and pioneer new and exciting areas in network security. Our Clavister product line is available both as hardware and virtual appliances. Each appliance series offers the same award-winning Clavister functionality and gives you the ultimate choice in selecting the right network security solution for your needs. This is a direct result of our constant drive to bring out innovative network security features and products to the market. Founded in 1997, Clavister has a proven track record of providing innovative solutions and leading edge security design.

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Clavister, a leader in high-performance virtual security solutions, today announced that its Board of Directors has appointed John Vestberg, co-founder and CTO of Clavister, as Acting Chief Executive Officer effective immediately. Clavister also announced that Viktor Kovács has been appointed Deputy Chairman of the Board of Directors
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