SOURCE: Voltage Security

Voltage Security

January 05, 2010 07:07 ET

Voltage Security Adds Payments Industry Veteran to Management Team

Doug Dwyre Joins as Vice President of Business Development, Payments

PALO ALTO, CA--(Marketwire - January 5, 2010) - Voltage Security, Inc. (www.voltage.com), the global leader in end-to-end data protection, today announced that Doug Dwyre, previously senior vice president of global business development at First Data Corporation, and a recognized industry expert, has joined the Voltage management team as vice president of business development, payments. In his new role, Dwyre will focus on extending Voltage's data protection solutions, including Voltage SecureData™ end-to-end encryption, tokenization and data masking, in the payments industry through expanded strategic customer and partner relationships.

"Doug brings the highest caliber of payments focus and expertise to the Voltage team. His strategic perspective, having served in numerous senior roles at one of the world's largest payment processors, will be invaluable as we continue to partner with industry leaders throughout the payments industry," said Sathvik Krishnamurthy, president and CEO of Voltage Security.

"Security challenges are perhaps the most pressing problems facing the payments industry today. I'm excited to bring my experience to a team of professionals who have created the most innovative, useful data protection solutions available to processors and merchants alike," commented Dwyre.

Dwyre joins Voltage after over thirteen years at First Data Corporation where he served as senior vice-president of business development for Prepaid and Loyalty and general manager for First Data Gift Card and First Data Loyalty solutions and most recently, senior vice-president of global business development. Prior to First Data, Dwyre spent over 10 years at Bank One in several roles, including internal audit, vehicle finance and merchant acquiring.

Dwyre has served on the board of the National Branded Prepaid Card Association and as a committee member for the ETA Strategic Leadership Networking Forum. He is a recognized industry expert and is frequently quoted and often speaks at industry conferences and events. Dwyre received a Bachelor of Science from Miami University, Oxford, Ohio.

About Voltage Security

Voltage Security, Inc., an enterprise security company, is an encryption innovator and global leader in end-to-end data protection. Voltage solutions, based on next generation cryptography, provide end-to-end encryption, tokenization, masking and stateless key management for protecting valuable, regulated and sensitive information based on policy. Voltage products enable reduction in audit scope with rapid implementation and the lowest total cost of ownership in the industry through the use of award-winning cryptographic solutions, including Voltage Identity-Based Encryption™ (IBE) and a new breakthrough innovation: Format-Preserving Encryption™ (FPE). Offerings include Voltage SecureMail™, Voltage SecureData™, Voltage SecureFile™ and the Voltage Security Network™ (VSN), a SaaS service for the extended business network.

As a service to the industry and general public, the company maintains the Voltage Data Breach Index and Map which is continuously updated with global data breach information: www.voltage.com/data-breach. The Company is active in the standards community and is a PCI Security Standards Council Participating Organization and is a member of the Secure POS Vendor Alliance (SPVA). Voltage has also been issued several patents based upon breakthrough research in mathematics and cryptographic systems. Customers include Global 1000 companies in banking, retail, insurance, energy, healthcare and government. To learn more about Voltage customers and sign up for the customer newsletter, please visit www.voltage.com/customers.

Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption, Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage Security Network (VSN), are registered trademarks of Voltage Security, Inc. Hypercom is a registered trademark of Hypercom Corporation. All other trademarks are property of their respective owners.

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