CyberDefender Appoints Symantec Veteran as Senior Vice President, Product Development
LOS ANGELES--([ BUSINESS WIRE ])--CyberDefender Corporation (OTCBB: [ CYDE ]), an award-winning provider of PC security, Antispyware/[ Antivirus Software ], PC Optimization, PC Support, and Identity Theft Prevention solutions, today announced it has expanded its management team with the hire of Sarah B. Hicks, as senior vice president of product development.
"Saraha™s extensive knowledge and experience developing and launching new cyber security products for the consumer and small business markets will be a valuable asset to us as we drive this process with the goal of increasing market share. We are thrilled to welcome Sarah to the CyberDefender team."
In her role, Ms. Hicks will be responsible for establishing CyberDefendera™s product strategy and roadmap, including new product development, enhancements to current products and international expansion. Leveraging her experience, Hicks will work to drive growth in market share for the company in both the consumer and small business market segments. She will report directly to the companya™s CEO Gary Guseinov.
Ms. Hicks comes to CyberDefender with more than 12 years of direct industry experience at Symantec Corporation (NASDAQ: SYMC), where she served in a variety roles related to product management, development and strategic planning. During her tenure at Symantec, Hicks redefined the way consumer utility and security software were developed and sold, from stand-alone point solutions to fully integrated suites, growing the companya™s market share to 90% and increasing revenue to more than $1 billion. In addition, she led or contributed to the development of a number of Symantec flagship products, including Norton AntiVirus, Norton SystemWorks, Norton Internet Security and N360.
Other roles held by Ms. Hicks while at Symantec included vice president of business process improvement and vice president of strategic opportunities, where she led Symanteca™s security strategy and solutions development in the wireless, mobile device and service provider space.
aOur strategy is to build on the strong momentum we have gained with our current product line by strategically building out our exciting new product roadmap,a said CyberDefender CEO Gary Guseinov. aSaraha™s extensive knowledge and experience developing and launching new cyber security products for the consumer and small business markets will be a valuable asset to us as we drive this process with the goal of increasing market share. We are thrilled to welcome Sarah to the CyberDefender team.a
Before joining Symantec, Hicks served as marketing manager at Philips Media, where she helped develop and publish PC games. Prior to that, Hicks served as a marketing manager at Asymetrix Corp. and a product manager at Microsoft Corporation.
Hicks completed her undergraduate studies at the University of California, Berkeley and holds a mastera™s degree in Business Administration from the University of Washington.
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ABOUT CYBERDEFENDER
Based in Los Angeles, California, CyberDefender Corporation (CYDE) is a provider of Internet security technology for the consumer market. With more than 6.5 million active users of its proprietary patent pending Collaborative Internet Security Network (or the earlyNETWORK), CyberDefender is an industry leader. CyberDefendera™s earlyNETWORK is designed to address the azero hour gap,a which effectively reduces the risks associated with new and emerging Internet threats. By utilizing a proprietary secure peer-to-peer network, CyberDefender delivers protection to the end user faster than the traditional client-server or cloud methods. CyberDefender develops and markets PC desktop security utilities in the following categories: antispyware, antivirus, and PC optimization. In addition, CyberDefender offers the following services: identity protection and remote PC repair and optimization services. CyberDefender products are fully compatible with Microsoft's XP, Vista, and 7 Operating systems and are available at:
[ http://www.cyberdefender.com ].
FORWARD LOOKING STATEMENTS
Statements in this press release that are not statements of historical or current fact, such as CyberDefender's expectation of future revenue growth and profitability, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause CyberDefender's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Factors that could cause CyberDefender's results to be materially different from the forward-looking statements include whether CyberDefender will be able to find financing when and as it needs it and whether CyberDefender's revenues will eventually exceed its expenses. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in CyberDefender's reports and registration statements filed with the Securities and Exchange Commission, which are available for review at [ http://www.sec.gov/ ].