PASADENA, Calif., Dec. 6, 2007 (PRIME NEWSWIRE) -- Guidance Software
(Nasdaq:GUID) announced today that Victor Limongelli has been appointed Chief
Executive Officer, succeeding current Chief Executive Officer John Colbert who
has tendered his resignation as the company approaches its first anniversary as
a public company and has achieved profitability. Limongelli has also been
appointed to serve on the Board of Directors and will retain his current role as
President.
"The management team and employees of Guidance Software are passionate,
hard-working individuals. They deserve all of the success they achieved thus far
and all of the success they will achieve in the future," said John Colbert. "I
am thankful to have worked with these great people and will enjoy watching them
grow this magnificent company."
"We want to thank and congratulate John for his leadership over several years,
but especially for his energy and contributions during this past crucial year,"
said Kathleen O'Neil, lead independent director and a member of the Board search
committee. "After a thoughtful and diligent search, the Board selected Victor
based on his proven leadership skills, his vision for innovation and growth, and
his strong emphasis on operational excellence and fiscal discipline."
Limongelli has been instrumental in providing vision and leadership for the
executive team in all aspects of the business-from the development of the
company's high-growth strategy to the rigorous execution of tactical operations.
He has built strong relationships with many of the company's worldwide customers
and has developed a reputation for identifying trends in the industry and
driving innovation by taking an active role in the development of the company's
technology strategy.
"Victor's strategic vision, energy, and leadership have contributed to the
company's many significant achievements," said Shawn McCreight, Chairman of
Guidance Software's Board of Directors. "Under his direction, we believe
Guidance Software is well-positioned to build upon a legacy of growth,
innovation, and superior customer service."
Limongelli, 41, has held a variety of executive management roles within Guidance
Software over the past five years. In his role as President, he oversaw the
company's worldwide operations and is credited with formulating and overseeing
its highly-successful eDiscovery strategy. As Vice President of Professional
Services, he led the company's renowned digital investigative services for
corporate, government, and law enforcement clients worldwide. As General
Counsel, he specialized in operational issues involving eDiscovery and the
legalities of managing and processing electronically stored information.
Limongelli has also played an important role for Guidance Software externally.
In addition to representing the company in engagements with financial and
industry analysts, he has been quoted and published in several renowned legal
and corporate publications and has been invited to speak at dozens of
conferences around the world as a recognized authority on digital evidence and
electronically stored information.
Prior to Guidance Software, Limongelli served on the executive management teams
of several technology companies, including Knowledge Networks, focusing on
strategy, venture capital and licensing matters. He received his undergraduate
degree from Dartmouth College and earned his J.D. degree from Columbia
University School of Law, where he was a James Kent Scholar.
About Guidance Software (GUID)
Guidance Software is recognized worldwide as the industry leader in digital
investigative solutions. Its EnCase(r) platform provides the foundation for
government, corporate and law enforcement organizations to conduct thorough,
network-enabled, and court-validated computer investigations of any kind, such
as responding to eDiscovery requests, conducting internal investigations,
responding to regulatory inquiries or performing data and compliance auditing -
all while maintaining the integrity of the data. There are more than 20,000
licensed users of the EnCase technology worldwide, and thousands attend Guidance
Software's renowned training programs annually. Validated by numerous courts,
corporate legal departments, government agencies and law enforcement
organizations worldwide, EnCase has been honored with industry awards and
recognition from eWEEK, SC Magazine, Network Computing, and the Socha-Gelbmann
survey.
GUID-F
-0-
CONTACT: Guidance Software
Media
Ed Essa
(626) 229-9191 x247
Media.relations@guidancesoftware.com
Investors
Bill Powell
(626) 229-9191 x133
Investor.relations@guidancesoftware.com
