SANTA MONICA, Calif., March 13, 2006 (PRIMEZONE) -- CipherPass Corporation (Pink Sheets:CPHC), an innovator of digital certificate management solutions, announced today the selection of Jeff Rowland as the new Vice President of Sales. Mr. Rowland joins CipherPass with more than 20 years of sales leadership, marketing, and business development experience in technology. He will be responsible for global sales and business development including strategic partnerships and expansion of channel partner sales.
"We are very pleased to have Jeff join our management team," said Glen Day, CipherPass Corporation's CEO. "Jeff has a proven track record in building and managing global sales, marketing and business development operations for both large multinational organizations and high-tech start-up companies. His deep understanding of our solutions and the information security market will be valuable to CipherPass for reaching its aggressive growth goals over the next few years."
Prior to joining Cipherpass, Mr. Rowland spent five years as the first Vice President of Worldwide Sales and Marketing at Authenex, an information security company providing two-factor authentication and encryption solutions to the enterprise market. Authenex offerings included both one time password (OTP) and USB based token solutions for remote VPN, LAN, Web and PKI certificate based applications. Mr. Rowland successful career also included executive sales and marketing positions at iSyndicate, iPass, Comverse Technology, EIS Systems, and Wang Laboratories.
About CipherPass Corporation
CipherPass Corporation (Pink Sheets:CPHC) is a digital security technology company that provides enterprise-class security solutions. Through its product and service portfolio, CipherPass enables businesses to securely share sensitive or confidential electronic information among internal staff, as well as with their business associates and customers. By partnering with the leading global managed digital certificate providers, CipherPass' secure service solutions offer significant cost reduction for deploying and managing trusted digital certificates. CipherPass' C-suite security solution helps to simplify the process of users securing and sending private digital data within files and emails. C-suite is an effective solution for addressing companies' privacy and security compliance initiatives for HIPAA, Sarbanes-Oxley, GLBA and SB1386.
CipherPass is a FutureVest, Inc. (Pink Sheets:FTVT) portfolio company (www.FutureVest.com). For additional information regarding CipherPass Corporation, please visit www.CipherPass.com.
Statements in this release are "forward-looking statements". Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company.