SOURCE: ChosenSecurity

October 09, 2007 09:00 ET

ChosenSecurity Appoints New Chief Executive

Security Industry Veteran Robert A. Steinkrauss Joins Identity Verification Specialist

NEEDHAM, MA--(Marketwire - October 9, 2007) - ChosenSecurity, Inc., a leading specialist in identity verification and security services, today announced the appointment of Robert A. Steinkrauss as chairman, president and chief executive officer. Steinkrauss was most recently chairman, president and CEO of Ingrian Networks, where he led the company to the leadership position in the data and application encryption market over the last 4 years. He brings nearly 35 years of executive leadership in security and networking to ChosenSecurity, which provides thousands of organizations worldwide with a range of security solutions based on proven public key infrastructure (PKI) technology.

Steinkrauss' track record is defined by strong company growth and successful mergers. Prior to Ingrian Networks, he was chairman of the board of Authentica, a provider of content security software and also was president and CEO of Taqua Systems. Before joining Taqua, Steinkrauss was CEO of Xedia Corporation, which he sold to Lucent for $246 million. Within Lucent, he then led the WAN systems and security group. He also served as chairman, president and CEO of Raptor Systems, took the company public in 1996 and was part of the team that subsequently sold Raptor to Axent Technologies for $240 million. Raptor Systems was the fastest growing software company in New England from 1994 to 1997. Before Raptor Systems, Steinkrauss was CEO of Racal InterLan and held various senior management positions within Racal Datacom and Unitrode Corporation.

The business communities on the West and East Coasts have both recognized Steinkrauss' achievements. This year, he was an Ernst & Young Entrepreneur of the Year finalist in northern California for his work at Ingrian Networks. In 1997, he received the same honor in New England while he was CEO of Raptor Systems.

"I'm looking forward to getting involved as the CEO at ChosenSecurity, where I've been a member of the board of directors for some time and gotten to know the company very well," said Steinkrauss. "The market for On Demand PKI solutions is quickly evolving and is opening up tremendous opportunities for ChosenSecurity. In fact, the widespread use of PKI by large enterprises is one of the security industry's best-kept secrets. ChosenSecurity is well-positioned to bring PKI-based solutions to an even broader group of organizations in the U.S. and around the world."

Steinkrauss is a magna cum laude graduate of the Carroll School of Management at Boston College.

About ChosenSecurity, Inc.

ChosenSecurity is the leading provider of On-Demand PKI (public key infrastructure) security services in the world, enabling a wide range of PKI-enabled security services for enterprise authentication, secure e-mail and digital signatures. The Company delivers breakthrough economics and implementation speed to the Enterprise; up to 70% less than in-house implementations, 50% less than traditional managed services, and can be implemented in just a few weeks.

Unlike traditional PKI implementations, ChosenSecurity is the world's first PKI that can be deployed across multiple clients in a web-based Security as a Service model, enabling any sized enterprise to achieve PKI security in a few weeks with no capital costs, hardware, software or network changes. Headquartered in Needham, MA, ChosenSecurity is a true leader of certification service providers at the forefront of identity management. For additional information, please visit www.chosensecurity.com.

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