Responding to Tremendous Business Growth and Market Demand, PerspecSys Expands Executive Team and Opens First U.S. Office

TORONTO, Canada and McLEAN, VA – February 8, 2012 –PerspecSys Inc., the creator of cloud data protection solutions for the enterprise, has expanded operations by opening its first U.S. office in the Washington D.C. Metro area and naming industry executives Gerry Grealish, John Emerson, David Stott and Eric Hay to key positions within the company. These changes will help PerspecSys take advantage of the strong demand the company is experiencing for its solutions across multiple markets including Financial Services, Healthcare, Retail and the Public Sector. Coupled with recent investments by Intel Capital, GrowthWorks and MaRS Investment Accelerator Fund, the expansion will also help PerspecSys fuel continued growth and best meet the needs of its expanding domestic and international customer base with its innovative cloud data control and security solutions.

Cloud Security Reaches Enterprise Scale for the First Time with PerspecSys PRS

Introduced at Cloud Expo 2011: The First Data Security and Management System for Cloud Computing That Guarantees No Vendor Lock-In

Santa Clara, CA, Nov. 8, 2011 - PerspecSys Inc., the creator of enterprise data security and management for cloud computing, today introduced PerspecSys PRS Solution™ 1.5 at the 9th International Cloud Expo in Santa Clara, California. PerspecSys’ PRS (Privacy, Residency, Security) is the only data security system purpose built for enterprise-wide adoption of cloud computing. Now, for the first time, large organizations can use cloud computing for mission-critical business functions such as corporate finance, human resources and customer relationship management (CRM) without incurring the security risks of placing their sensitive data in a public, private or hybrid cloud environment.

Data Security Veteran David Canellos Joins PerspecSys as President and CEO

Growth Plans Include New Hires, Offices Following Intel Capital Funding

TORONTO, Aug. 31, 2011 - PerspecSys Inc., maker of a cloud data privacy, residency and security platform that enables the enterprise to secure sensitive data used in cloud applications, today announced the hiring of David Canellos as President and CEO. Canellos comes to PerspecSys from Irdeto, where he served as Senior Vice President, Global Sales and Marketing. Prior to joining Irdeto, Canellos was President and COO of Cloakware, which was acquired by Irdeto. Canellos brings more than two decades of software sales, marketing, and engineering experience to PerspecSys.

PerspecSys closes $8M series A financing with Intel Capital and Growthworks

New York, NY and Toronto, ON– May 23, 2011 – PerspecSys Inc., maker of a cloud data privacy, residency and security platform that enables the enterprise to secure sensitive data used in public cloud applications, today announced the closing of an $8M series A financing led by Intel Capital and including existing investors Growthworks and MaRS Investment Accelerator Fund. This funding provides capital for strategic expansion of the business and to increase its technological advantage in cloud data security solutions. The announcement
took place at an event in New York City hosted by Arvind Sodhani, president of Intel Capital, and attended by company founder Terry Woloszyn.