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Tuesday, January 11, 2005

Thor Technologies Names Seasoned Sales Executive Jim Fitzgerald to Lead Sales Growth in The Americas

Thor Technologies Names Seasoned Sales Executive Jim Fitzgerald to Lead Sales Growth in The Americas

Thor's New Vice President of Sales, The Americas, Brings Proven Track Record and Deep Enterprise Software Expertise to Identity Management Leader

NEW YORK, Jan. 11 /PRNewswire/ -- Thor Technologies, Inc., a leading provider of identity management software that automates corporate compliance and reduces security risks, announced today that James Fitzgerald has joined the company as vice president of sales, the Americas. With more than 20 years of enterprise software sales experience and a highly successful track record of building and driving sales in emerging technology markets, Fitzgerald is strongly positioned to expand Thor's enterprise customer base for its industry-leading identity management solutions. Fitzgerald reports to Thor chairman and CEO, J. Alberto Yepez.

"Bringing on Jim to lead our sales efforts in the Americas speaks volumes about our ability to recruit and retain high caliber individuals," said J. Alberto Yepez, chairman and CEO, Thor Technologies. "He has a proven track record in enterprise sales at established and emerging infrastructure and application software companies. With his extensive experience building teams and working with partners, Jim will play a vital role in managing our explosive growth as we continue to rapidly expand our customer base of Global 2000 companies and public sector agencies."

Fitzgerald's distinguished career in sales management spans over two decades with tremendous achievement building successful sales organizations. Fitzgerald was most recently vice president of vertical strategies and strategic accounts at Opsware (formerly known as Loudcloud) and founded the company's federal business unit. Prior to Opsware, he was vice president and general manager of sales for Netscape, where he ran a large team that generated and contributed annual revenues consistently exceeding targeted sales goals. Fitzgerald also has extensive experience in sales and sales management in companies such as Oracle, EDS and PeopleSoft. Fitzgerald holds a BS degree from the University of Massachusetts/Amherst and an MBA in Finance and Strategic Planning from Boston College.

"When making the decision to join Thor, I was impressed with the combined strength of its experienced team, world-class investors, satisfied customers and well-designed solutions. Everyone at Thor is fully committed to customer success, and this is evident in the level of excitement that its customers exhibit regarding the value that they have received from Thor and its solutions," said Jim Fitzgerald, vice president of sales, the Americas for Thor Technologies. "My role will be to create and lead a winning sales team. I look forward to helping accelerate our success and building on what is already a very solid foundation."

About Thor Technologies, Inc.

Thor Technologies provides identity management solutions to Global 2000 companies and public sector agencies. The most comprehensive provisioning solution for automating compliance, Thor's Xellerate Identity Manager(R) also eliminates security risks by managing "Who Has Access to What" across the enterprise. Thor counts Barclays Plc, HBOS Plc, Lehman Brothers, MphasiS, Nextel Communications, Sherwin-Williams and Toyota Financial Services as customers, as well as Accenture, BearingPoint, Booz Allen Hamilton, BEA Systems, Oracle Corporation and RSA Security as partners. For more information, please visit http://www.thortech.com/ , or contact the company at info@thortech.com or 800-274-8467 in North America and +44-0-1932-268-456 in the UK.

NOTE: Thor Technologies, Thor, the Thor logo, Thor's Xellerate Identity Manager and Adapter Factory are trademarks of Thor Technologies, Inc. All other brands, products, service names, trademarks, or registered service marks are used to identify the products or services of their respective owners.


Source: Thor Technologies, Inc.

CONTACT: Kerstin Anderson of Trainer Communications, +1-510-708-8765, or
th@trainercomm.com, for Thor Technologies

Web site: http://www.thortech.com/


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