Applied Digital Strengthens Security Leadership with Appointment of Industry Veteran Gary Smith

Rhea-AI Summary

Applied Digital (Nasdaq: APLD) has appointed Gary Smith as its new Senior Director of Physical Security. With over 40 years of experience in law enforcement and corporate security, Smith will oversee all aspects of physical safety at Applied Digital, including security services, access control, and systems technology. Smith joins from Digital Realty, where he served as Vice President of Portfolio Security, Compliance, and Business Continuity.

CEO Wes Cummins expressed confidence that Smith's extensive experience and track record will be invaluable in reinforcing safety measures and maintaining high standards of protection and reliability. Smith holds multiple advanced degrees and certifications in security and technology fields. Applied Digital, a designer and operator of next-generation digital infrastructure for HPC applications, aims to leverage Smith's expertise to enhance the protection and integrity of its facilities.

Positive

• Appointment of a highly experienced security professional with 40+ years in the field
• Potential enhancement of physical security measures for Applied Digital's facilities
• Addition of expertise in security management for data center operations

Negative

• None.

With Over Four Decades of Expertise, Smith to Lead Physical Security Innovation and Enhance the Protection and Integrity of Advanced Digital Infrastructure

DALLAS, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, today announced the appointment of Gary Smith as its new Senior Director of Physical Security. Smith has over 40 years of experience in law enforcement and corporate security and is expected to play a pivotal role in the ongoing safety and integrity of Applied Digital’s facilities.

In this role, Smith will be responsible for overseeing all aspects of physical safety at Applied Digital, including security services, access control, and systems technology. Applied Digital believes that Smith’s extensive experience in security management will enhance the Company’s existing safety measures and support its continued commitment to providing secure and reliable infrastructure solutions.

Smith joins Applied Digital from Digital Realty, one of the world’s largest data center REITs, where he started as Director of Security in 2012, later advancing to the role of Vice President of Portfolio Security, Compliance, and Business Continuity. During his tenure, Smith was instrumental in managing physical security and business continuity across Digital Realty’s portfolio, including process standardization, technical and systems integration, and compliance.

“We are excited to welcome Gary to our team,” said Wes Cummins, CEO of Applied Digital. “We believe his extensive experience in security services, track record of excellence in overseeing critical safety operations, and familiarity with the data center industry will make him an invaluable addition to our team. We expect that Gary’s contributions will be essential in further reinforcing our safety measures and maintaining the highest standards of protection and reliability.”

Smith began his career in law enforcement with the DeKalb County (GA) Police Department, serving as a Uniformed Patrol Officer, Homicide Investigator, and Intelligence Unit Investigator. He was recognized as Police Officer of the Year in 1981. Transitioning to the private sector in 1983, Smith joined IBM Security, where he held various management and senior staff roles, culminating in his position as Senior Security Manager for Security Systems Strategy and Technical Delivery.

“I am honored to join Applied Digital and contribute to its mission of advancing cutting-edge digital infrastructure,” said Smith. “I believe the team’s commitment to innovation and excellence perfectly aligns with my professional values, and I look forward to leveraging my professional experience to strengthen the Company’s physical safety operations and ensure that Applied Digital meets the highest standards of protection and reliability.”

Smith holds a Master of Engineering degree in Systems Engineering from Stevens Institute of Technology, a Master of Science in Management degree in Information Systems Security from Colorado Technical University, and a Master of Science degree in Technology Commercialization from the University of Texas at Austin. He also holds a Bachelor of Science degree in Elementary Education from the University of Georgia. Gary is a Certified Information Systems Security Professional (CISSP®) and a member of the International Information Systems Security Certification Consortium (ISC)²®. He also holds certifications in Business Continuity (Certified Business Continuity Professional, CBCP) and Risk Management (Certified Risk Management Professional, CRMP).

We believe Applied Digital is well positioned, offering cutting-edge solutions in data centers and Cloud as a Service. The Company’s purpose-built data centers are being strategically designed to maximize efficiency for HPC needs. Applied Digital Cloud aims to deliver cost-effective GPU compute solutions tailored for AI, ML, rendering, and other HPC workloads. We believe the Company’s state-of-the-art infrastructure is designed to provide high performance at a low cost, aiming to empower clients to thrive in this era of exponential technological advancement.

To learn more about Applied Digital, visit: https://applieddigital.com/

About Applied Digital
Applied Digital (Nasdaq: APLD) designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly growing high-performance computing (HPC) industry. Find more information at www.applieddigital.com. Follow us on X at @APLDdigital.

Forward-Looking Statements

This release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position and business strategy and objectives. Words such as "continue," "build," "future," "increase," "drive," "believe," "look," "ahead," "confident," "deliver," "outlook," "expect," “intend,” “hope,” “project, ”"predict" and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

Investor Relations Contacts
Matt Glover or Ralf Esper
Gateway Group, Inc.
(949) 574-3860
APLD@gateway-grp.com

Media Contacts
Christina Lockwood or Brenlyn Motlagh
Gateway Group, Inc.
(949) 899-3135
APLD@gateway-grp.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/63fa803e-32a9-4c70-9f10-592851487615

FAQ

Who is Gary Smith and what is his new role at Applied Digital (APLD)?

Gary Smith is an industry veteran with over 40 years of experience in law enforcement and corporate security. He has been appointed as the new Senior Director of Physical Security at Applied Digital (APLD), responsible for overseeing all aspects of physical safety at the company's facilities.

What is Gary Smith's background before joining Applied Digital (APLD)?

Before joining Applied Digital, Gary Smith worked at Digital Realty, one of the world's largest data center REITs, where he started as Director of Security in 2012 and advanced to Vice President of Portfolio Security, Compliance, and Business Continuity. He began his career in law enforcement and has also worked for IBM Security.

How might Gary Smith's appointment impact Applied Digital's (APLD) operations?

Gary Smith's extensive experience is expected to enhance Applied Digital's existing safety measures and support its commitment to providing secure and reliable infrastructure solutions. His expertise in managing physical security and business continuity for data centers is likely to strengthen the company's security protocols and potentially improve operational integrity.

What qualifications does Gary Smith bring to his role at Applied Digital (APLD)?

Gary Smith holds multiple advanced degrees, including a Master of Engineering in Systems Engineering, a Master of Science in Management in Information Systems Security, and a Master of Science in Technology Commercialization. He is also a Certified Information Systems Security Professional (CISSP®) and holds certifications in Business Continuity and Risk Management.