Ping Identity Names Michael J. Sullivan Chief Financial Officer

  Ping Identity Names Michael J. Sullivan Chief Financial Officer

Former CFO of IHS Brings Public Company and Acquisition Leadership Experience
                               to New Position

Business Wire

DENVER -- March 12, 2013

Ping Identity^®, The Identity Security Company™, today announced the addition
of Michael J. Sullivan as chief financial officer (CFO). Sullivan has a
successful track record in emerging and high-growth companies, with more than
25 years of financial, communication and operational experience. In his new
role at Ping Identity, he is responsible for creating scalable, agile
financial and business processes to enable rapid, well managed growth.

“Mike joins Ping Identity at a critical time in the growth of our company and
the markets we serve,” said Ping Identity CEO Andre Durand. “He brings the
expertise we need to optimize our long-term plans for accelerated revenue

Sullivan recently served as executive vice president and CFO of IHS, Inc., the
leading global source of information and analysis, where he was responsible
for the overall performance of the business and financial management of the
company. As CFO, he drove the transformation of IHS from a 45-year-old
privately held company to a high-performing, credible public company. Sullivan
helped IHS complete more than 40 acquisitions, increase revenue by nearly 4X,
grow profit by more than 5X and increase market capitalization by more than $4

Prior to IHS, Sullivan served as the director of financial planning and
analysis for Coors Brewing Company, where he helped shape the way in which
Coors communicated with its public stakeholders. Sullivan spent ten years as
senior manager of the M&A transaction support and audit practice for Price
Waterhouse, LLP.

“I believe Ping Identity has tremendous potential and I’m excited to be
joining this world class team at such a pivotal time in its evolution as a
rapidly growing leader in cloud identity management and next-gen IAM,”
Sullivan said.

About Ping Identity | The Identity Security Company

Ping Identity believes secure professional and personal identities underlie
human progress in a connected world.Our identity and access management
platform gives enterprise customers and employees one-click access to any
application from any device. Over 900 companies, including 45 of the Fortune
100, rely on our award-winning products to make the digital world a better
experience for hundreds of millions of people.Visitpingidentity.comfor more


Ping Identity Corporation
Jil Backstrom, 303-468-2884
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Whitney Parker, 617-986-5011
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