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List:       isn
Subject:    [ISN] Internet Security Systems reorgs
From:       InfoSec News <isn () C4I ! ORG>
Date:       2000-09-29 6:34:03
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http://www.localbusiness.com/Story/0,1118,ATL_416242,00.html

Sep 28, 2000 10:33 AM ET
By Rob Anderson, LocalBusiness.com

ATLANTA, Sept. 28 (LocalBusiness.com) -- Internet Security Systems is
reorganizing its corporate structure with the formation of two
distinct business units.

Internet Security Systems (Nasdaq: ISSX), the Atlanta-based Internet
security software and consulting company, announced the creation of
two strategic units: Enterprise Solutions and Managed Security
Services. Each new unit is charged with handling unique customer needs
and delivery requirements for the company's SAFEsuite enterprise
security management products and its outsourced security, consulting
and education services.

According to a company release, the move is part of the company's
strategic focus on two markets -- companies that outsource security
management and companies that wish to manage security themselves using
security software.

The Enterprise Solutions group will be responsible for maintaining
relationships with businesses or government agencies that wish to
manage security internally, while the Managed Security Services group
will focus on meeting the needs of companies that prefer to rely on
the company to remotely manage security and protect online assets.

Internet Security Systems also named the management teams that will
lead the new business units. Ken Walters, previously the COO of New
York-based e-business consulting firm Xceed Inc., has been named
general manager of the Enterprise Solutions group. Mark Hangen, who
has served as COO for Internet Security Systems since December 1999,
was appointed general manager of the Managed Security Services
division.

In a prepared statement, Tom Noonan, Internet Security Systems
president and CEO, said the reorganization is also a way to meet the
demands of expected growth in both security areas over the next few
years.

Shares of Internet Security Systems were trading up $1.06 to $66.75 in
early morning activity. The 52-week low for the stock was $26.25,
while the high was $141.

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