MCLEAN, Va., Aug. 19, 2014 /PRNewswire/ -- CYREN (NASDAQ:
CYRN) today announced the appointment of Michael Myshrall to the permanent role of Chief
Financial Officer. Myshrall has served as interim CFO since
March.
"Mike's technology consulting, banking, and operational
experience have consistently contributed to CYREN's successful
transformation into a cloud-based provider of Security as a Service
(SecaaS) solutions," said Lior
Samuelson, CEO and Chairman of the Board at CYREN.
"Mike has earned the trust and confidence of our global
organization. We believe his financial leadership will be critical
to delivering improved performance, both financially and
operationally, as we continue to execute on our growth
strategy."
Myshrall joined CYREN in January
2011 as vice president of corporate development and recently
served as vice president of financial planning and analysis.
Prior to joining CYREN, he focused on technology strategy,
financial advisory and mergers and acquisitions, first with
Mercator Capital and more recently with Trilos Ventures. Myshrall
previously held various roles with Nortel, Newbridge Networks,
Corvis, and Civcom. He holds a degree in electrical engineering
from the University of New Brunswick
and an MBA from Harvard Business
School.
About CYREN
CYREN is a leading provider of
cloud-based security solutions that deliver powerful protection
through global data intelligence. Regardless of the device or its
location, CYREN's easily deployed web, email, and
anti-malware products deliver uncompromising protection in both
embedded and Security as a Service (SecaaS) deployments.
Organizations rely on CYREN's cloud-based threat
detection and proactive security analytics to provide up-to-date
spam classifications, URL categorization and malware detection
services. The CYREN GlobalView™ Cloud Platform leverages Recurrent
Pattern Detection™ technologies to protect more than 550 million
users in 190 countries. CYREN is traded on
the NASDAQ Capital Market and the Tel Aviv Stock
Exchange (TASE) under the trading symbol "CYRN." Visit
the CYREN GlobalView Security Center or go
to www.CYREN.com.
Blog: blog.cyren.com
Facebook: www.facebook.com/CyrenWeb
LinkedIn: www.linkedin.com/company/cyren
Twitter: twitter.com/CyrenInc
This press release contains forward-looking statements,
including projections about our business, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. For example, statements in the
future tense, and statements including words such as "expect,"
"plan," "estimate," "anticipate," or "believe" are forward-looking
statements. These statements are based on information available to
us at the time of the press release; we assume no obligation to
update any of them. The statements in this press release are not
guarantees of future performance and actual results could differ
materially from our current expectations as a result of numerous
factors, including business conditions and growth or deterioration
in the internet security market, technological developments,
products offered by competitors, availability of qualified staff,
and technological difficulties and resource constraints encountered
in developing new products, as well as those risks described
in the company's Annual Reports on Form 20-F and reports on Form
6-K, which are available through www.sec.gov.
U.S. Investor Contact:
Monica Gould
The Blueshirt Group
212.871.3927
monica@blueshirtgroup.com
Israel Investor Relations Contact:
Iris
Lubitch
EffectiveIR
+972.54.2528007
iris@FinCom.co.il
Company Contact:
Mike
Myshrall, CFO
CYREN
703.760.3320
mike.myshrall@CYREN.com
CYREN Media Contact:
Matthew Zintel
Zintel Public Relations
281.444.1590
matthew.zintel@zintelpr.com
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SOURCE CYREN