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Norse Corp. Names Industry Visionary Howard A. Bain III as New CEONorse Corp. today named Howard A. Bain III the company's new CEO and interim CFO, effective immediately. He replaces co-founder Samuel M. Glines, who has left the company. The company also named new members to the Board of Directors. Mr. Bain has served on Norse's Board of Directors since 2013. Throughout his career, he has developed extensive experience leading multi-national corporations. He served as Symantec Corp's Chief Financial Officer in the 90's, and also held that role at Portal Software, Vicinity Corp., and Informix. He was most recently Chairman of the Board and interim CEO at data storage products manufacturer Violin Memory. Since 2004, he has been an independent director and Audit Committee Chair with several public and private companies, and in the process was designated a Governance Fellow with the National Association of Corporate Directors, and elected as a Top 100 Director for 2014. In addition, Mr. Bain has been deeply involved in the operations of numerous technology companies. He was previously a consultant and certified public accountant with Arthur Andersen LLP. He also currently holds a Board seat with Resilient Network Systems, Inc., CallTower (News - Alert) Inc., Nok Labs, Inc., Learning Tree International, and Flexera Software LLC. Mr. Bain holds a B.S. in Business from California Polytechnic University. "We thank Mr. Glines for his vision and determination in leading Norse thus far, and while it's not easy to see a founder leave, it's not uncommon," said Mr. Bain. "This company has faced serious challenges recently, and we know we have to make equally serious changes in priorities and procedures. I have full confidence that with our deep bench of technical specialists on staff, fresh governance from the revamped board, and the earned support of our longtime customers, we can overcome the challenges and regain a leadership position. We have the technology portfolio, skills and dedication to move forward strongly, and that's what we're working towards." The reconstituted Board of Directors now includes:
The Norse security capability tracks live attacks in real time, and applies intelligence to block them. The company offers unparalleled reach into the darkest recesses of the Internet through its sensor network and related assets, and has accumulated the world's most extensive library of data on threat sources and attack originators. Furthermore, these security components are developed and customized for each customer to offer a unique level of early warning, enable organizations to be pre-emptive rather than reactive, and deploy their own security technologies and strategies more effectively. About Norse Norse is the global leader in live attack intelligence, helping companies block the threats that other systems miss. Serving the world's largest financial, government and technology organizations, Norse intelligence dramatically improves the performance, catch-rate and return-on-investment of the entire security infrastructure. The Norse Intelligence Network, a globally distributed distant early warning grid of millions of sensors, honeypots, crawlers and agents, delivers unmatched visibility into difficult-to-penetrate geographies and darknets, where bad actors operate. Norse processes hundreds of terabytes daily, and weighs over 1,500 variables to compute real-time risk scores for millions of IP addresses and URLs every day. Norse; Norse Appliance; Norse Intelligence Service (NIS); and Norse Intelligence Network are trademarks or registered trademarks of Norse Corporation. All other names and trademarks are property of their respective firms.
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