LOS ANGELES, Jan. 6, 2011 (GLOBE NEWSWIRE) -- CyberDefender Corporation (Nasdaq:CYDE) ("CyberDefender"), a provider of Internet security software, utilities and remote technical support services that work together to maximize online safety for consumers, today announced that Igor Barash has been named Chief Operating Officer, effective December 31, 2010. Mr. Barash was previously CyberDefender's Chief Information Officer and is also a co-founder of the Company.
To better streamline its corporate structure and to realize additional company efficiencies, CyberDefender also announced that it has eliminated the position of Chief Revenue Officer.
"Igor has proven himself to be an invaluable member of our leadership team since CyberDefender's inception," said CyberDefender's Chief Financial Officer Kevin Harris. "His contributions to the Company include an impressive record of strategic and operational achievements. He has been instrumental in our successful direct marketing initiatives and plays a key role in our strategic relationship with GR Match, LLC, an affiliate of Guthy-Renker LLC, and as such Igor is uniquely qualified to be at the helm of our operations. We look forward to his continued contributions in this new leadership role as we continue to execute on our growth strategy."
Mr. Barash, 40, co-founded CyberDefender in 2003 with Chief Executive Officer Gary Guseinov and during his tenure he has served both as Chief Product Officer and Chief Information Officer. In these capacities Mr. Barash has directed the development and successful market introduction of many of CyberDefender's leading Internet security products and services. Additionally, he has provided strategic leadership critical to the development of the Company's technology infrastructure.
About CyberDefender
CyberDefender is a provider of Internet security software, utilities and remote technical support services that work together to ensure maximum safety for consumers in a digital world. The company develops and markets antispyware/antivirus software and a remote, live technical support service. In addition, CyberDefender offers identity protection and computer optimization services. With millions of active users on its cloud based collaborative Internet security network, CyberDefender leverages the power of community to protect its customers from the rapidly growing number of new online threats every year. CyberDefender products are fully compatible with Microsoft Windows® XP, Vista®, and 7 Operating systems. All products are available at . Investor relations information is available at .
The CyberDefender Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7874
CONTACT: Public Relations: The Bohle Company Luis Levy (310) 785-0515 ext. 204 Luis@bohle.com Investor Relations: The Piacente Group Kristen McNally Lee Roth (212) 481-2050 IR@CyberDefender.com IR Site: www.CyberDefenderCorp.com
