PITTSBURGH, PA May 17, 2011 – Wombat Security Technologies (Wombat), a leading provider of cyber security training and filtering technologies, announced today the addition of Joe Ferrara as President and CEO. Mr. Ferrara brings extensive technology marketing, operations and management experience to the Company.
“It’s an exciting time in Wombat’s history and I am thrilled to lead the company forward. We are poised for significant growth this year and are looking to capitalize on the momentum of the company,” said Ferrara.
Ferrara is an experienced chief executive with a long track record of success. His past experience includes roles as President, CEO and Chairman of Tollgrade Communications, CEO of Marconi Communications North America and General Manager of Ericsson’s Wireless Software & Services and Routing & Switching Divisions.
Mr. Ferrara succeeds Dr. Norman Sadeh, the Co-Founder and Chairman of Wombat. Dr. Sadeh remains as Chairman of the Board and Chief Scientist and will continue to be actively involved in the Company.
“Having someone with Joe’s experience and background as CEO is a validation of our success to date. We are thrilled to have Joe on board to drive and lead our future growth,” said Dr. Sadeh.
About Wombat Security Technologies
With millions of users across North America, Europe, and Asia, Wombat Security Technologies is a global leader in cyber security training and filtering technologies. Wombat’s products include the most comprehensive and effective suite of anti-phishing training and assessment products available in the market place today. Wombat’s dedicated anti-phishing filtering solutions have been shown to be more effective than the most popular anti-spam filters when it comes to catching phishing attacks, including zero-hour attacks. Wombat’s products have been licensed for use in sectors as diverse as finance, government, insurance and healthcare to name just a few.