Tumbleweed Appoints James A. Heisch to Board of Directors
July 06 2006 - 5:05PM
PR Newswire (US)
REDWOOD CITY, Calif., July 6 /PRNewswire-FirstCall/ --
Tumbleweed(R) Communications Corp. (NASDAQ:TMWD), a leading
provider of email security, managed file transfer, and identity
validation appliance and software products, today announced the
appointment of James A. Heisch to its Board of Directors,
representing a new addition to the Tumbleweed Board and bringing
the total number of Board members to eight. Mr. Heisch has also
been appointed to serve as Chairman of Tumbleweed's Audit
Committee, replacing Standish O'Grady who has been serving in that
capacity on an interim basis. Mr. Heisch has more than 40 years of
senior level business experience including 17 years with Arthur
Young & Company where he was an audit partner, and later as the
Chief Financial Officer for leading technology companies including
Atari, Businessland and Supermac Technology. Additionally, Mr.
Heisch served five years with medical device company Vitamed, Inc.,
initially as CFO managing all financial and administrative
functions in the United States and United Kingdom, and then as
President and CEO responsible for worldwide operations. He later
joined Worldtalk Corporation as CFO and later was promoted to
President. Tumbleweed acquired Worldtalk in 2000, and subsequently
Mr. Heisch also served as Tumbleweed's interim Chief Financial
Officer during 2001. "It is a pleasure to welcome Mr. Heisch to our
board of directors and as chairman of our audit committee," said
James P. Scullion, Chief Executive Officer of Tumbleweed. "We
believe that his extensive background and familiarity with
Tumbleweed, combined with his considerable experience as a senior
level executive at a wide range of companies, make him
exceptionally qualified to serve Tumbleweed's shareholders as a
member of the Board. At the same time, we are grateful for Standish
O'Grady's service as Chairman of our Audit Committee, a role he
graciously undertook when my appointment as Chief Executive Officer
in January made it necessary for me to step down as Audit Committee
Chairman." Safe Harbor Statement Tumbleweed cautions that
forward-looking statements contained in this press release are
based on current plans and expectations as of the date of this
press release, and that a number of factors could cause the actual
results to differ materially from the guidance given at this time.
These factors are described in the Safe Harbor statement below.
Except for the historical information contained herein, the matters
discussed in this press release may constitute forward-looking
statements that involve risks and uncertainties that could cause
actual results to differ materially from those projected,
particularly with respect to Mr. Heisch's service as a member of
Tumbleweed's Board of Directors and Audit Committee. In some cases,
forward-looking statements can be identified by terminology such as
"may," "will," "should," "potential," "continue," "expects,"
"anticipates," "intends," "plans," "believes," "estimates," and
similar expressions. For further cautions about the risks of
investing in Tumbleweed, we refer you to the documents Tumbleweed
files from time to time with the Securities and Exchange
Commission, particularly Tumbleweed's Form 10-K filed March 16,
2006 and Form 10-Q filed May 10, 2006. Tumbleweed assumes no
obligation to update information contained in this press release.
Although this release may remain available on Tumbleweed's website
or elsewhere, its continued availability does not indicate that
Tumbleweed is reaffirming or confirming any of the information
contained herein. About Tumbleweed Communications Corp. Tumbleweed
provides security solutions for email protection, file transfers,
and identity validation that allow organizations to safely conduct
business over the Internet. Tumbleweed offers these solutions in
three comprehensive product suites: MailGate(R),
SecureTransport(TM), and Validation Authority(TM). MailGate
provides protection against spam, viruses, and attacks, and enables
policy-based message filtering, encryption, and routing.
SecureTransport enables business to safely exchange large files and
transactions without proprietary software. Validation Authority is
the world-leading solution for determining the validity of digital
certificates. Tumbleweed's enterprise and government customers
include ABN Amro, Bank of America Securities, Catholic Healthcare
West, JP Morgan Chase & Co., The Regence Group (Blue Cross/Blue
Shield), St. Luke's Episcopal Healthcare System, the U.S. Food and
Drug Administration, the U.S. Department of Defense, and all four
branches of the U.S. Armed Forces. Tumbleweed was founded in 1993
and is headquartered in Redwood City, Calif. For additional
information about Tumbleweed go to http://www.tumbleweed.com/ or
call 650-216-2000. Tumbleweed, MailGate, SecureTransport and
Validation Authority are either registered trademarks or trademarks
of Tumbleweed Communications Corp. in the United States and/or
other countries. All other trademarks are the property of their
respective owners. DATASOURCE: Tumbleweed Communications Corp.
CONTACT: Charles Messman or Todd Kehrli, both of MKR Group, LLC,
+1-818-556-3700, , for Tumbleweed Communications Corp.; or Tim
Conley, SVP Finance & CFO of Tumbleweed Communications Corp.,
+1-650-216-2000, Web site: http://www.tumbleweed.com/
Copyright
Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
Historical Stock Chart
From Jul 2023 to Jul 2024