SOURCE: Elephant Talk Communications

Elephant Talk Communications

Elephant Talk Communications

February 13, 2012 11:38 ET

Elephant Talk Communications Appoints Phil D'Angio, Former Symantec, VeriSign Executive, as Senior Vice President of Global Sales for ValidSoft

D'Angio to Focus on ValidSoft's Global Security Sales and Business Development

WASHINGTON, DC and LONDON--(Marketwire - Feb 13, 2012) - Elephant Talk Communication Corp. (NYSE Amex: ETAK) (www.elephanttalk.com), an international provider of business software to the telecommunications and financial services industry, today announced the hiring of Phil D'Angio as Senior Vice President of its wholly-owned subsidiary ValidSoft Limited (www.validsoft.com), a global supplier of fraud prevention, authentication and transaction verification solutions. Mr. D'Angio, a former Symantec and VeriSign executive specializing in the field of information and identity security, will head up ValidSoft's global sales and business development initiatives from the company's U.S. office.

Mr D'Angio has over 12 years of experience leading sales and business development teams in the internet security sector at the highest level with a strong track record of achievement. D'Angio joins Validsoft from Symantec, and will report to ValidSoft CEO Pat Carroll in order to align the overall global sales initiatives, marketing and business development strategy.

Pat Carroll, CEO of ValidSoft, said, "We are pleased to have attracted someone with Phil's expertise and background in identity security at a point where ValidSoft is experiencing strong growth and demand among global financial institutions to help them combat fraud. His international experience and understanding of both the global market and the security technology that underpins it, makes him perfectly suited to strengthen and lead our global sales strategy. The U.S. is an important strategic market for us, and we look forward to benefitting from Phil's considerable relationships among potential clients."

D'Angio joins ValidSoft from Symantec, where he ran Symantec's Information & Identity Protection group in the Americas; a growth business with significant contribution in net new revenue to Symantec's security business unit. In addition, he led the Technical Sales team and was responsible for the Information & Identity Protection (IIP) Group, which focuses on data loss prevention, authentication and encryption sales across the Americas. Prior to this, he led VeriSign EMEA's National ID and Emerging Markets campaign, and was head of the global Technical Sales organization, responsible for its PKI, strong authentication, and fraud prevention sales programs.

Mr. Phil D'Angio stated, "The pace of development of mobile-based solutions and advancing technologies such as voice biometrics make the information and identity security industry an exciting place to be, and joining the ValidSoft leadership team as SVP was an easy decision for me. ValidSoft has tremendous technology and has long been a visionary in this space. The company is now at an inflection point and has aggressive growth plans for 2012 and beyond. I look forward to working closely with the ValidSoft management team to help monetize our company's superior security solutions."

For further information on ValidSoft, please visit our website at www.validsoft.com

About ValidSoft
ValidSoft is a subsidiary of Elephant Talk Communications Corp. (NYSE Amex: ETAK) (www.elephanttalk.com) and is a market leader in providing solutions to counter electronic fraud relating to card, the internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both parties to a transaction (Mutual Authentication), and the integrity of the transaction itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information, please visit www.validsoft.com.

About Elephant Talk Communications
Elephant Talk Communications Corp. (NYSE Amex: ETAK) (www.elephanttalk.com) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit www.elephanttalk.com.

Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

Contact Information

  • Contacts:
    Elephant Talk Communications Corp.
    Mr. Steven van der Velden
    Tel: + 31 20 653 59 16
    Email Contact
    www.elephanttalk.com

    Investors Relations:
    Alliance Advisors, LLC
    Thomas P. Walsh
    Tel: +1 212-398-3486
    Email Contact

    ValidSoft:
    Emmanuelle Filsjean
    Tel: +44 (0)20 3170 8999
    Email: Email Contact

    For UK and EU:
    Fishburn Hedges
    Zoe Gray or Haw-Yan Man
    +44 (0)20 7839 4321
    Email Contact