SSH changes CEO - Harri Koponen the new CEO of SSH Communications Security Corp


Helsinki, Finland, 2014-10-02 12:00 CEST (GLOBE NEWSWIRE) -- SSH COMMUNICATIONS SECURITY CORPORATION   COMPANY ANNOUNCEMENT  OCTOBER 2ND, 2014 AT 1.00PM

SSH changes CEO - Harri Koponen the new CEO of SSH Communications Security Corp

The Board of Directors of SSH Communications Security Corp have elected Harri Koponen, 51, eMBA, Dr. Econ. (h.c.), as the new Chief Executive Officer of SSH Communications Security Corp.  He will start on October 2, 2014.

Mr. Koponen has extensive experience from the technology sector.  He was most recently CEO of NPTV, a cloud-based interactive TV software company, board member at Stonesoft, a security software company that was acquired by McAfee for $389m in 2013, and prior to that COO of Rovio Entertainment, creating the global merchandising and licensing business of their Angry Birds brand.

Mr. Koponen has a vast global network in industry and government, having been President and CEO of three major telecoms Sonera (Finland), Wataniya (Kuwait), and Tele2 (Sweden).  He has also lived in the United States for several years as Managing Director of Sony Ericsson (North and Central America) and Head of Ericsson Consumer Products Division for North America.  Prior to that he worked as a global account executive for AirTouch, Vodafone, and Sonera at Ericsson, and in the early 1990s ran HP's telecom sales in Finland and globally for Sonera.

SSH's current CEO and founder Tatu Ylönen continues to work for the company full time in the role of Chief Innovation Officer, with responsibility for selected new product concepts, the company's intellectual property development and various other strategic initiatives.  Mr. Ylönen has also been nominated as the Chairman of the Board of SSH on October 2,2014.


The company is in a very interesting situation.  We have in the last three years brought to market unique products in network security, including the Universal SSH Key Manager and CryptoAuditor, and successfully implemented major reference customers with seven digit deals for both products as well as for related services.  The products are now ready for significant expansion in sales and channel, and the potential market for them is very large.  There are also major service opportunities around the products.  Finally, the company's patent portfolio is exciting and may yield significant revenue in the future.  I am thrilled to bring Harri's operational and sales skills, network, and energy to SSH as we enter this new phase of growth”, says Tatu Ylönen.

I'm very excited about joining an established company with tremendous potential to grow in an industry of the future. Internet security affects us all and it is an honor to be given the opportunity to lead SSH in becoming a bigger player”, says Harri Koponen.

Helsinki, October 2, 2014

SSH COMMUNICATIONS SECURITY CORPORATION

Board of Directors


Distribution:
NASDAQ OMX Helsinki Oy
Major media

www.ssh.com


Further information:
Harri Koponen, CEO, +358 20 500 7000
Jyrki Lalla, CFO, +358 45 340 4641


About SSH Communications Security
Founded in 1995, SSH Communications Security is the company that invented the SSH protocol - the gold standard protocol for data-in-transit security. Today, over 3,000 customers across the globe - including seven of the Fortune 10 - trust our Information Assurance Platform to secure the path to their information assets. We enable and enhance business for thousands of customers in multiple industries in the private and public sectors around the world. A fast-growing company, SSH Communications Security operates in the Americas, Europe, and APAC regions, with headquarters located in Helsinki, Finland. The company’s shares (SSH1V) are quoted on the NASDAQ OMX Helsinki.