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EdgeWave Announces Promotion of Dave Maquera to CEO and President

Lou Ryan Named Executive Chairman

SAN DIEGO, CA -- (Marketwire) -- 01/09/13 -- EdgeWave, Inc. today announced the promotion of Dave Maquera to CEO and President of the company, effective January 1, 2013. Mr. Maquera has served as President of EdgeWave since February, 2012. Lou Ryan, former CEO and Chairman of the Board, will take the position of Executive Chairman.

During his tenure at EdgeWave, Mr. Maquera has championed a corporate strategy of leadership in the emerging social media and mobile security categories, developing a multi-year product innovation roadmap that will make it easier for enterprises and schools to safely embrace today's connected world.

Technological innovation and adoption moves at breakneck pace, with corporate risk management often several steps behind. Companies today face productivity and data security risks from the growth of social media usage in the workplace and employees bringing personal mobile devices to work. Under Mr. Maquera, EdgeWave has focused on developing unique and innovative solutions that can help literally every company embrace the new world of social media and personal devices in the workplace. Recent successes include the launch of EdgeWave Social, a cloud-based solution for the control and monitoring of social media in the workplace, and EdgeWave Mobile Security, which allows organizations to secure and manage all mobile devices accessing the corporate network.

"Under Dave's strong leadership, EdgeWave has continued to expand our product portfolio to offer solutions that help organizations meet their security and regulatory obligations while providing the ease-of-use and functionality IT departments require," said Mr. Ryan. "We feel very fortunate to have an executive of Dave's caliber, whose vision and leadership makes him the perfect choice to establish EdgeWave on the cutting edge of the new social media and mobile device security spaces."

"EdgeWave has a strong technological foundation and this past year has only solidified our stake in the security landscape," said Mr. Maquera. "I appreciate the confidence Mr. Ryan and the board have shown, and am excited about the new opportunities for growth and enterprise expansion offered by our new technologies. Lou, myself and our entire management team share the same drive to take EdgeWave to new heights. The future is now."

Mr. Maquera has over 25 years of executive leadership experience, previously serving as Chief Strategy Officer and Senior Vice President of Clearwire Corporation, Vice President of Strategic Development at Cricket Communications/Leap Wireless, co-founding Backwire, Inc. and a Consultant with McKinsey & Company, Inc. He served ten years in the United States Navy, where he was Chief Operations Officer for Joint Warfare and Combat Flight Operations, an aviator and Desert Storm combat veteran. Mr. Maquera graduated B.A. from University of Pennsylvania and holds a Master of Business Administration from Harvard University where he graduated with honors.

Every day, thousands of enterprise customers and service providers trust EdgeWave to manage and secure their users from emerging web, email, social media and mobile-based threats. For more information on EdgeWave's portfolio of risk management solutions please visit www.edgewave.com.

About EdgeWave, Inc.™
EdgeWave, Inc. develops and markets cloud-based, on-premises, and hybrid Secure Content Management (SCM) solutions to the mid-enterprise and service provider markets. The EdgeWave portfolio of web, email, mobile device and social media security protection technologies delivers comprehensive secure content management with unrivalled ease of deployment and low TCO. EdgeWave products include iPrism web security, ePrism email security, EdgeWave Social and EdgeWave Mobile Security. With thousands of customers and over 200 partners worldwide, EdgeWave strives to deliver simple, high performance solutions that offer excellent value. Based in San Diego, California, EdgeWave markets its solutions through a network of value added resellers, ISPs and MSPs, distributors, system integrators, OEM partners and directly to end users. For more information about EdgeWave, visit www.edgewave.com.

©2013 EdgeWave, Inc. All rights reserved. The EdgeWave, iPrism, and ePrism Logos are trademarks of EdgeWave, Inc. All other trademarks and registered trademarks are hereby acknowledged.

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