Security Industry Veterans Gif Munger and Robert Short Join VirnetX Holding Corporation
Former SAIC Executives Round Out Secure Real-Time Communications Development Team
SCOTTS VALLEY, Calif. – January 14, 2008 – VirnetX Holding Corporation, (AMEX: VHC), a leader of secure real-time communications and collaborations technology, today announced the appointment of Edmund "Gif" Munger as chief technical officer (CTO) and Dr. Robert "Bob" Short III as chief scientist.
Munger and Short, co-inventors of VirnetX's core technologies, will lead the advancement of the company's Zero Click instant secure connect mechanisms for automated virtual private network (VPN) initiation and management systems at the company's Virginia R&D facility.
"Gif and Bob are experienced industry veterans and exemplary technologists that join the company at a pivotal stage in the unified communications industry," said Kendall Larsen, president and CEO of VirnetX. "Gif's extensive experience in security architectures coupled with Robert's deep expertise in VPN technology are tremendous assets to the company as awareness of unified communications security vulnerabilities increases and the market demands a seamless, automatic solution for secure communications."
Prior to joining VirnetX, Munger was chief system architect and assistant vice president at Science Applications International Corporation (SAIC) where he held the same senior position for the FBI's Counterterrorism Data Warehouse Prototype. Munger worked on several advanced defense systems. He holds a Master of Science degree in naval architecture and marine engineering from MIT and a Bachelor of Science degree in naval science from the United States Naval Academy.
Short was previously assistant vice president and division manager at Science Applications International Corporation (SAIC) and worked in various other positions within the company since 1994. He holds a Ph.D. in electrical engineering from Purdue University along with a Master of Science degree in mathematics and a Bachelor of Science degree in electrical engineering from Virginia Tech.
VirnetX Holding Corporation, a leader of secure real-time communication and collaborations technology, is engaged in developing products for real-time communications such as Instant Messaging and Voice over Internet Protocol, commercializing its patent portfolio and providing contract research, prototyping, systems integration and technical services. For more information, visit us at www.virnetx.com.
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Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of VirnetX to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in VirnetX's reports and registration statements filed with the Securities and Exchange Commission.
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