Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: zbyslaw owczarczyk who wrote (10446)	3/22/1999 12:02:00 PM
From: pat mudge	Respond to of 18016

March 22, 1999 11:15 nCipher Appoints Senior Vice President of Worldwide Sales and Marketing Jump to first matched term BOSTON--(BUSINESS WIRE)--March 22, 1999-- Richard Kosinski heads nCipher sales and marketing programs as company increases its worldwide presence in offering secure electronic commerce solutions nCipher Inc., the leading developer of electronic commerce security solutions, today announced Richard Kosinski as Senior Vice President of Worldwide Sales and Marketing. Kosinski will head sales and marketing programs worldwide as the company expands its business operations in North and South America, Europe and Asia. He will also act as General Manager for nCipher's North American operations, and will lead a sales and marketing team that will build strong OEM, reseller and partner programs for companies aiming to benefit from nCipher's secure electronic commerce solutions. "Rich brings to nCipher a valuable background in managing sales and marketing programs, and opening the U.S. market for a number of security companies and their products," said Alex van Someren, nCipher President and CEO. "Rich's experience allows us to expand our sales and marketing presence worldwide, and his role as General Manager solidifies our infrastructure in North America." Kosinski comes to nCipher with a strong track record in introducing security companies, most recently as the Vice President and General Manager at Security-7 Software Inc. in Boston, where he was responsible for managing the introduction of the company and its security products into the U.S. marketplace in 1997-98. Prior to his time at Security-7, he was the President of Encotone, Inc. and Executive Vice President of Netegrity, Inc., where he managed strategic investment in the joint- venture technology company. In 1993-95, Kosinski was CEO and Founder of Internet Security Corporation in Lexington, MA. "nCipher is an industry leader with its offering of cryptographic hardware solutions for electronic commerce and high-level Internet security, and I am very excited work on strengthening the company's position in our worldwide markets," said Kosinski. "I believe the company is poised for tremendous growth over the coming year." About nCipher nCipher develops products that simplify the use of cryptography in applications such as Internet security and e-commerce. Brothers Alex van Someren and Dr. Nicko van Someren founded the company in 1996. The company's nFast solution line was named a Hot Product for 1998 by Data Communications magazine. nFast is the proven fastest accelerator available and the only accelerator and key management solution available to customers in North and South America, Europe and Asia. The company has offices in Cambridge, UK; Boston, MA; and San Mateo, CA. nCipher's corporate investors include Security Dynamics (NASDAQ:SDTI) and Newbridge Networks Corporation (NYSE:NN). Alex van Someren is nCipher's President and Chief Executive Officer. He has more than 10 years of experience in the computer industry and has a record of entrepreneurial success. He has written several books on the applications of computers and microprocessors, and is the founder and non-executive chairman of ANT Limited, a developer of Internet technologies for embedded systems. Please visit the nCipher Web site at <http://www.ncipher.com>; ncipher.com