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March 7, 2002 3:00 PM PST

VPN hardware company names new CEO

SnapGear, which makes "virtual private network" (VPN) hardware that enables encrypted communication over the Internet, has promoted Chief Technology Officer Rick Stevenson to chief executive, the company said Thursday. Former CEO Bob Waldie now is chairman.

SnapGear uses a version of Linux and was a subsidiary of embedded Linux company Lineo until October 2001. The company now has about 35 employees. Stevenson had been vice president of integrated products at Lineo.

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