NEW YORK, Jan. 30, 2012 /PRNewswire via COMTEX/ --IntraLinks (NYSE: IL), a leading provider of critical information exchange solutions, today announced the appointment of Scott N. Semelas the company's executive vice president, general counsel and corporate secretary effective as of January 27, 2012.
Mr. Semel joins IntraLinks after serving as senior vice president, general counsel and secretary of Novell, Inc. Previously, Mr. Semel served as chief legal officer and corporate secretary at Tele Atlas N.V., a Dutch Euronext company providing digital mapping and navigation solutions. Mr. Semel also served as vice president, general counsel and secretary of Ascential Software Corporation, a provider of enterprise data integration, and vice president, general counsel and secretary of NaviSite, Inc.
"Scott has an impressive track record in addressing the
legal and business issues of publicly-traded, global software
and technology companies," said Ron
Hovsepian, president and CEO of
IntraLinks."Having worked closely with Scott at Novell,
I am confident that IntraLinks will benefit from Scott's
counsel and leadership."
Mr. Semel replaces David G. Curran, executive
vice president, business and legal affairs, who stepped down
as an executive of the company effective as of January
27, 2012. Mr. Curran will continue to advise the
company initially as a non-executive employee through
March 31, 2012and thereafter on a consulting
basis through January 31, 2013. Mr. Hovsepian
added, "On behalf of IntraLinks and its board of
directors, I want to personally thank Dave for his many
contributions from the post-IPO period to the present. He
provided valuable legal counsel and business leadership
during this critical stage, laying a strong foundation for
IntraLinks' future."
About IntraLinks
IntraLinks is a leading global provider of
Software-as-a-Service solutions for securely managing
content, exchanging critical business information and
collaborating within and among organizations. More than one
million professionals in industries including financial
services, pharmaceutical, biotechnology, consumer, energy,
industrial, legal, insurance, real estate and technology, as
well as government agencies, have utilized IntraLinks'
easy-to-use, cloud-based solutions. IntraLinks users can
accelerate information-intensive business processes and
workflows, meet regulatory and risk management requirements
and collaborate with customers, partners and counterparties
in a secure, auditable and compliant manner. Professionals at
more than 800 of the Fortune 1000 companies have used
IntraLinks' solutions. For more information, visit www.intralinks.com or
http://blog.intralinks.com.
You can also follow IntraLinks on Twitter at http://twitter.com/intralinks
and Facebook at www.facebook.com/IntraLinks.
Forward Looking Statements
This press release contains forward-looking statements that
are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. This press
release contains express or implied forward-looking
statements that are not based on historical information
relating to, among other things, expectations and assumptions
concerning management's forecast of financial
performance, future business growth, and management's
plans, objectives, and strategies. These statements are
neither promises nor guarantees, but are subject to a variety
of risks and uncertainties, many of which are beyond our
control, which could cause actual results to differ
materially from those contemplated in these forward-looking
statements. In particular, the risks and uncertainties
include, among other things: the uncertainty of our future
profitability; our ability to sustain positive cash flow;
periodic fluctuations in our operating results; risks related
to our substantial debt balances; our ability to maintain the
security and integrity of our systems; our ability to
increase our penetration in our principal existing markets
and expand into additional markets; our dependence on the
volume of financial and strategic business transactions; our
dependence on customer referrals; our ability to maintain and
expand our direct sales capabilities; our ability to develop
and maintain strategic relationships to sell and deliver our
solutions; customer renewal rates; our ability to maintain
the compatibility of our services with third-party
applications; competition and our ability to maintain our
average sales prices; our ability to adapt to changing
technologies; interruptions or delays in our service;
international risks; our ability to protect our intellectual
property; costs of being a public company; and risks related
to changes in laws, regulations or governmental policy
including tax regulations. Further information on these and
other factors that could affect our financial results is
contained in our public filings with the Securities and
Exchange Commission (the "SEC") from time to time,
including our Registration Statement on Form S-1 as amended
(File No. 333-173107), which was declared effective by the
SEC on April 6, 2011. Existing and prospective
investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date
hereof.
IntraLinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
SOURCE IntraLinks
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