SOURCE: The 41st Parameter

November 14, 2005 10:30 ET

The 41st Parameter Appoints Cappadoro Vice President of New Business Development

SCOTTSDALE, AZ -- (MARKET WIRE) -- November 14, 2005 -- The 41st Parameter, a leading provider of anti-fraud and anti-phishing solutions, today announced the appointment of industry-leading sales professional, Teri Cappadoro, to the position of Vice President of New Business Development. Cappadoro brings a proven track record of sales success and key relationships with many of the top financial institutions in the U.S.

Cappadoro's background includes 14 years of sales and business development experience in financial services, with a core focus on online security and anti-fraud solutions. In her recent position at Cyota, Cappadoro was responsible for generating $24 million in contract revenue for 2005 alone. In her new role with the 41st Parameter, Cappadoro will focus on both national and international markets to position The 41st Parameter as the leader in delivering highly accurate, non-intrusive Internet fraud solutions for financial institutions.

"With the momentum of interest and sales activity around our FraudNet™ and PhishingNet™ solutions, we need an experienced, dynamic individual of Teri's caliber to lead our business development initiatives," said Corey Frank, Corporate Vice President of Sales at the 41st Parameter. "We believe the addition of Teri will broaden our relationships with customers and prospects, and help fulfill our aggressive sales revenue targets for 2006 and beyond."

About The 41st Parameter

The 41st Parameter is a fraud detection and financial services risk management company with solutions designed for e-commerce and the online banking industry. The flagship product, FraudNet™, provides highly accurate, non-intrusive fraud control measures for Internet, mail-order, and telephone-order merchants. PhishingNet™ is the company's anti-phishing solution for the online payment and financial services industries. The 41st Parameter's fraud and phishing products are "zero imposition" solutions since they require no action on the part of customers or end-users. For more information, please visit www.the41.com.

41st Parameter
14301 North 87th Street
Suite 211
Scottsdale, AZ 85260
Phone: 480.776.5500
Fax: 480.776.5504
info@the41.com

Contact Information

  • Contact:
    Kim Halmekangas
    Phone: (480) 544-6990
    Email: Email Contact