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CloudShield Technologies Appoints Timothy Laehy as Chief Financial Officer

SUNNYVALE, CA -- (Marketwire) -- 09/15/09 -- CloudShield Technologies, Inc. (www.cloudshield.com), a leading provider of service management and infrastructure security solutions, today announced it has selected Timothy Laehy as chief financial officer. Timothy will be responsible for the financial direction of the company, reporting directly to CEO Matt Jones.

"As CloudShield continues to grow within tier 1 service provider, government agency and commercial markets, we will rely on Tim to spearhead our continued financial growth," said Jones. "Tim's experience in providing the financial and operational leadership necessary to scale emerging technology companies -- both private and publicly-held -- will be a valued asset to CloudShield's management team."

Timothy is a senior-level financial executive with over 20 years' experience in the service provider, software and manufacturing markets. Prior to joining CloudShield, he was the chief financial officer of MetroFi, Inc., a wireless broadband service provider. He also led Collation, Inc., a supplier of data center configuration management software, through its acquisition by IBM Software Group in 2005 as chief financial officer. Timothy has also held senior financial roles with Covad Communications, Leasing Solutions and Recovery Equity Partners. He received a BS in Business / Economics and an MBA in Finance from State University of New York (SUNY) at Buffalo.

"CloudShield has been experiencing a period of impressive growth in terms of market share, key partnerships and product development," said Timothy Laehy, chief financial officer at CloudShield. "As a leading provider of carrier-class network solutions, CloudShield is in an ideal position to support emerging technologies such as cloud computing and secure against the latest DDoS attacks and other Internet threats. In my role, I look forward to capitalizing on the company's technological innovations to drive unparalleled financial growth."

CloudShield is a private company that sells to the world's largest network service providers and national governments through its partners, including: Alcatel Lucent, IBM, L-3 Communications and Northrop Grumman. CloudShield's unique high-speed network platform provides unmatched capabilities in the areas of network security, cross domain solutions, content management and network policy enforcement functions.

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About CloudShield

CloudShield provides services management and security solutions to service providers and national governments worldwide. The company's deep packet inspection platform and applications enable customers to inspect, analyze and control all network traffic, lowering costs, securing infrastructure and generating new revenue streams. Working closely with its partners, CloudShield has deployed solutions throughout North and South America, Europe and Asia. More information about CloudShield can be found at: http://www.cloudshield.com/.

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