GFI® Software Appoints Daniel J. Kossmann Chief Financial Officer

June 13, 2011 - 12:00

GFI® Software, a leading IT solutions provider for consumers and small and medium-sized businesses, today announced the appointment of Daniel J. Kossmann as chief financial officer. Kossmann will be responsible for GFI’s global financial strategy and operations, as well as the company’s information technology, legal and human resources functions. He has more than 30 years experience in financial management and extensive experience in the role of CFO for both publicly-traded and privately-held technology companies. Kossmann will report to GFI Software CEO Walter Scott.

“Dan is an experienced financial leader, and his experience will help GFI reach its financial objectives and position us for long-term success,” said Scott. “We look forward to having his extensive experience guiding our financial strategy as GFI continues its global expansion.”

Prior to GFI, Kossmann was CFO for master data management software developer Initiate Systems Inc. He joined Initiate in 2008 and led its financial operations through its acquisition by IBM last year. Kossmann also was CFO for e-learning software maker OutStart Inc., overseeing its financial management while the company dramatically expanded its customer base. Before OutStart, Kossmann was CFO and treasurer with ServiceSoft Technologies Corp. Prior to joining ServiceSoft, Kossmann was the CFO of NASDAQ-listed Infinium Software Inc. He also served as CFO at DataLogix Inc. and National Education Training Group (NETg). Kossmann started his career at Price Waterhouse. He earneda bachelor's degreein business administration in accounting from Niagara University.

“GFI Software is a market leader with a diverse solutions portfolio focused on the IT needs of SMBs,” said Kossmann. “Combine that with our global reach through well-established distribution channels and partner networks, and it’s clear that GFI is strongly positioned for long-term growth and success. I look forward to joining GFI’s dynamic leadership team, as well as working with all the talented technology professionals developing innovative solutions throughout our worldwide operations.”

About GFI
GFI Software provides web and mail security, archiving, backup and fax, networking and security software and hosted IT solutions for small and medium-size businesses (SMBs) via an extensive global partner community. GFI products are available either as on-premise solutions, in the cloud or as a hybrid of both delivery models. With award-winning technology, a competitive pricing strategy, and a strong focus on the unique requirements of SMBs, GFI satisfies the IT needs of organizations on a global scale. The company has offices in the United States (North Carolina, California and Florida), UK (London and Dundee), Austria, Australia, Malta, Hong Kong, Philippines and Romania, which together support hundreds of thousands of installations worldwide. GFI is a channel-focused company with thousands of partners throughout the world and is also a Microsoft Gold Certified Partner.