NCipher names Ira Zalesin executive director

Source: nCipher

NCipher (LSE:NCH), a global leader in protecting critical enterprise data, announces the appointment of Ira Zalesin as an Executive Director of nCipher, the appointment of George Ralph as Chief Financial Officer and Company Secretary, and further appointments on an operational level.

Ira (52) takes the position of Chief Marketing Officer and Chief Operating Officer North America and brings to nCipher more than 25 years' business experience within both US and UK public and private companies. He was Chief Executive Officer at UDEX Holdings until 2006, a global leader in the delivery of hosted product data quality solutions. Previously he was Chief Marketing Officer and Senior Strategic Advisor to the Board at Kewill Systems plc. Since leaving UDEX he has been an advisor to the boards of several technology companies on their expansion strategies and business development, particularly in North America.

George Ralph is appointed Chief Financial Officer and Company Secretary, having been appointed to those roles in a temporary capacity in May 2007. George, who is an experienced Company Secretary and Finance Director, was most recently Finance Director for the European businesses of Abacus Group plc and prior to that was Company Secretary and Group Financial Controller of Deltron Electronics plc before their acquisition by Abacus Group plc.

Aidan Hegarty is appointed Vice President Operations of the company's newly acquired storage security product lines. Aidan has a strong technical background and brings more than 25 years' experience of software enterprises. He began his career at Plessey Telecommunications and has since held a number of executive positions at American Can UK, Kewill Systems plc and UDEX.

Richard Moulds, previously Vice President Marketing at nCipher, now takes the position of Executive Vice President Product Strategy and is responsible for defining the company's product and service solutions.

Commenting on the appointments Robert Jeens, non-executive Chairman of nCipher plc, said: "I am delighted to welcome Ira Zalesin to the Board of nCipher. His strong track record in growing UK-based companies in the North American market will help further establish and develop our presence in this important region.

"The addition of Aidan Hegarty to the management team, which follows the acquisition of the assets of NeoScale, underscores our commitment to the growing storage security market. Aidan will also ensure we leverage nCipher's core competencies in this market, expanding the reach and scope of keyAuthority(TM).

"I am also pleased to confirm George Ralph's position as Chief Financial Officer and Company Secretary and Richard Moulds as Executive Vice President Product Strategy.

"This new Board appointment and strengthened management team demonstrates our commitment to leveraging our position in the rapidly growing global security market, most particularly in North America, in the coming years."

Save for the information disclosed above, no other information in relation to Ira Zalesin is required to be disclosed pursuant to LR Rule 9.6.13.

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