SOURCE: Consul risk management

April 26, 2005 08:56 ET

Consul Strengthens Executive Team with Appointment of Michael Borton to CFO

Seasoned Financial Executive to Help Drive Consul's International Growth and Success

HERNDON, VA -- (MARKET WIRE) -- April 26, 2005 -- Consul risk management, Inc., a renowned expert in enterprise security audit and compliance solutions, today announced the appointment of Michael Borton to chief financial officer. Leveraging his experience in various operations and financial roles in international technology and service organizations, Borton will help drive Consul and its Consul InSight™ Security Manager (Consul InSight™) security and audit compliance suite into their next phase of growth and success.

"Michael brings with him twenty years of relevant experience through an outstanding balance of industry knowledge, business strategy and financial expertise," said Joe Sander, president and CEO of Consul. "His work with both small entrepreneurial companies and large, global public entities will help Consul continue to leverage our roots in the Netherlands while further expanding and strengthening our global successes -- particularly in North America. Mike's experience enhances the depth of Consul's management team at a critical time for the company as we continue the trend of record quarter-on-quarter growth and take the company to the next level."

"Consul's relentless focus on the security audit and compliance market is paying dividends, as evidenced by continuous record growth and impressive customer expansion worldwide," said Michael Borton. "Monitoring the behavior of the trusted user, Consul InSight gives executives confidence and support in compliance initiatives. I look forward to helping Consul achieve its aggressive goals as it continues to enable customers to protect their most vital intellectual property."

Michael Borton is a seasoned executive with a proven track record as a leader and strategist who drives profit, cash flow, M&A and competitive performance. He joins Consul from iSKY, a customer relationship management solutions company headquartered in Laurel, Maryland, with international offices in Canada, England and Pakistan. Borton served as iSKY's COO/CFO, and played a major role in the company's successful sale and transition. Previously, Borton was vice president and deputy CFO of the Invensys Production Management Group, a global automation, controls and process solutions group. Prior to Invensys, he was director of Finance and Operations for an e-commerce startup and has held senior financial roles with Landmark Graphics and Schlumberger. Borton holds a bachelor's degree from Valparaiso University, an MBA degree from Indiana University and is a Certified Management Accountant.

About Consul InSight

Consul InSight uses a patent-pending W7 (Who, did What, When, Where, Where from, Where to and on What) methodology to consolidate, normalize and analyze vast amounts of user and system activity, delivering instant alerts and reports on who touched what information and how those actions may violate external regulations or internal security policies.

About Consul risk management, Inc.

Consul risk management, Inc., a renowned expert in security audit and compliance solutions, delivers to the market The InSight Required™ for sound compliance, security event management, and identity and access management initiatives. With its roots as the premier provider of mainframe administration and audit products, Consul's enterprise solutions monitor, report and investigate both malicious and accidental violations of information use against external regulations and internal policies.

Consul has more than 350 customers in nearly two dozen countries, including the Philadelphia Stock Exchange, Fidelity Financial Services, Kroger, Wachovia, The New York Times, Blue Cross/Blue Shield, Office Depot, Ford and many government agencies. Recently awarded the Windows IT Pro "Editors Choice" in Security, Consul has dual headquarters in the United States and The Netherlands and is represented by 25 partners worldwide, including BMC Software. For additional information about Consul and its products, services and partners, please contact Consul at 1 800.258.5077 or +31 (0) 15.251.3333 (Worldwide), or at www.consul.com.

Consul InSight is a trademark of Consul risk management, Inc.

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