OxCEPT Limited

OxCEPT Limited
Scrambl

Scrambl

June 16, 2015 04:47 ET

Steve Bennett Joins the Board of OxCEPT Limited

LONDON, UNITED KINGDOM--(Marketwired - June 16, 2015) - OxCEPT, the technology company behind the development of the world's most secure protocols for transmitting data, today announced Steve Bennett, former Chief Executive Officer of Intuit Inc. and former Chairman and Chief Executive Officer of Symantec Corp., has been appointed to the company's Board of Directors.

"Steve Bennett has an extraordinary record of success and is one of the true 'greats' of the technology industry. I am privileged to welcome him to OxCEPT's board and we look forward to his support," said Perry M. Anderson, OxCEPT's Chief Executive Officer. "His experience in building high profile and successful businesses along with his knowledge and understanding of the software security market makes him an invaluable addition to the Board."

"I'm excited to join the OxCEPT board to help Perry and the team capitalize on their unique technology. It holds great promise in helping customers around the world improve their security against mobile threats and attacks that are dramatically increasing in both number as well as consequence," said Bennett.

Bennett previously served as the Chief Executive Officer of Intuit from 2000 to 2007 and during his tenure annual revenues grew from US$1 Billion to US$2.7 Billion. In 2010, he joined the Board of Directors of Symantec and became Chairman in 2011. He then went on to serve as its Chief Executive Officer in July 2012.

Previously, Bennett held a number of management roles at General Electric, including GE Capital e-Business, GE Capital Vendor Financial Services, GE Electrical Distribution and Control, GE Appliances, GE Medical Systems and GE Supply.

Bennett has served on several significant boards including Intuit, Symantec, Sun Microsystems, Oracle, American Airlines, and Qualcomm. He is a member of the Chancellors Advisory Board for the University of Wisconsin while previously serving as the Chairman of the Dean's Advisory Board of the Wisconsin School of Business. Bennett graduated from the University of Wisconsin with a bachelor's degree in finance and real estate.

OxCEPT is an Oxford University spin-out company focused on the development and commercialisation of authentication security technologies and products. OxCEPT holds licenses to US and EU patents based on technologies invented at Oxford University's Computer Science Department. Learn more at www.oxcept.com.

Developed by OxCEPT, Scrambl is a smartphone communications app designed to keep its users safe from hackers and thieves. It is based on the patented and proprietary HCBK authentication protocol originally invented to protect the military communications of the UK Department of Defence. Learn more at www.getscrambl.com.

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