Protexis Adds Tom Armstrong as VP Business Development
April 9, 2001, Vancouver, BC – Protexis Inc. announced today the addition of Tom Armstrong to its management team. Mr. Armstrong, a Berkeley MBA, will assume the responsibilities of Vice President Business Development and will be stationed in Silicon Valley to lead the company's activities there. Mr. Armstrong joins Protexis after a successful executive sales career at Sendmail Inc.
Protexis Inc. was established in March, 2000 and acquired the software anti-piracy, electronic licensing and registration business assets from Paradata Systems Inc. Protexis provides channel-enabling solutions for electronic software licensing and registration.
David Dunnison, Protexis President and CEO, stated, "Adding Tom Armstrong is an important step for Protexis. He brings a wealth of relevant technology management and business development experience. He has succeeded in both technology and marketing roles in large corporations, launched his own successful internet business and played an instrumental role in developing Sendmail's business."
"I am excited about joining a team that is poised to make a significant contribution to the profitability of the software industry" added Tom Armstrong. "Protexis has a valuable technology with unique market positioning. By integrating payment processing and other value-added technologies with electronic software licensing and Anti-Piracy technology, Protexis enables software publishers to significantly increase their return on IP assets."
Prior to joining Protexis, Mr. Armstrong was a senior sales executive at Sendmail Inc., the internet Mail platform for e-communications, applications, and services. Mr. Armstrong joined Sendmail in its first operating quarter. Prior to joining Sendmail, he co-founded AScribe Inc., an internet-leveraged national public interest newswire service. Mr. Armstrong also worked at Teradyne Inc. for nine years in a variety of senior software applications, development and marketing roles. Mr. Armstrong holds a Bachelor of Science degree from Harvey Mudd College, a Masters of Science degree in Electrical Engineering from USC and an MBA from the Haas School of Business at UC Berkeley.
About Protexis
Protexis Inc. is a privately held Canadian company with head offices in Vancouver, BC. The Protexis system is a complete e-Business platform for software and digital content. The company offers patented, internet-based solutions for securing software and delivering, managing and selling electronic licenses through any distribution channel. Crystal Decisions, a software eBusiness leader, utilizes the Protexis system internationally for the licensing and registration of their flagship Crystal Reports product. Protexis is venture-backed and investors include the Canadian Science & Technology Growth Fund Inc., Trudell Medical Limited and California-based Sunwolf Ventures LLC.
For additional information on Protexis and its electronic software licensing products call 604.915.5200 or e-mail info@protexis.com.
Contact:
Murray Hendren, Executive VP
Protexis Inc.
T: 604.806.3394
F: 604.915.5210
murray.hendren@protexis.com
Note: This News Release may contain future-oriented information that is based upon the Protexis business plans.
