Baltimore Technologies Appoints New Chief Financial Officer.Business Editors LONDON--(BUSINESS WIRE)--Sept. 14, 2000 Paul Sanders is an Acknowledged Expert in Corporate Finance Bringing Extensive Experience in Mergers and Acquisitions Baltimore Technologies Baltimore Technologies was an internet security firm founded in 1976 by Michael Purser. It was acquired in 1996 by a team financed by Dermot Desmond and led by Fran Rooney, who became CEO. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BALT BALT bronchus-associated lymphoid tissue. BALT Bronchiole-associated lymphoid tissue, see MALT )(London:BLM BLM n abbr (US) (= Bureau of Land Management) → les domaines ), a global leader in e-security solutions, today announced the appointment of Paul Sanders as Chief Financial Officer of the global operation, to be effective from November. "I am delighted to welcome Paul to the position of Chief Financial Officer at Baltimore Technologies. Paul brings extensive experience in Corporate Finance and Governance. His excellent track record in strategic investments and acquisitions which includes the US market will ensure Baltimore continues to deliver on its aggressive growth targets," commented Fran Rooney Fran Rooney (born 1956 in Dublin, Ireland) is one of Ireland's best known businessmen. Fran Rooney grew up in Ringsend and started his career in the Irish Government sector with various roles in the Postal, Telecoms and Civil Aviation sectors. , Chief Executive Officer at Baltimore Technologies. Until November, Paul Sanders, aged 36, holds the position of Group Finance Director at SSL International SSL International PLC (LSE: SSL) is a multinational corporation, headquartered in London. The company specialises in consumer products from rubber and plastic, until mid-2004 it also had a medical products division. plc, a major global healthcare organisation formed from the merger of Seton Scholl Healthcare plc. and London International Group plc. He joined Seton Healthcare Group as Group Finance Director in 1997. During his time at Seton Healthcare, Sanders has been responsible for all aspects of financial reporting and control and has been involved in strategic acquisitions and developing new business opportunities. Sanders was extensively involved in the merger of Seton Healthcare Group plc with Scholl plc in 1998 which resulted in the Group doubling in market capitalisation Noun 1. market capitalisation - an estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share market capitalization and turnover, moving a predominantly UK based group to a truly global group. In 1999, Sanders was centrally involved in the merger of Seton Scholl Healthcare plc and London International Group plc. The group again doubled market capitalisation to (pound)1.4bn and turnover to approximately (pound)700m per annum Per annum Yearly. . Sanders executive experience also includes Arthur Andersen where he worked with major clients including SSL International, Airtours plc, Sharp Electronics and United Utilities plc. Sanders is a qualified Chartered Accountant and holds a BSc First Class in Mathematics from Liverpool University and a Doctorate of Mathematics from Oxford University. About Baltimore Technologies Baltimore Technologies develops, markets and manages security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) products and services, wireless e-security solutions, cryptographic tool-kits, security applications and hardware cryptographic devices. Baltimore's global team of professionals offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions directly and through the TrustedWorld(TM) Channel program. TrustedWorld includes many of the world's leading technology companies and a wide variety of global, regional and local business alliance partners. Baltimore Technologies employs over 800 people worldwide and operates from over 28 cities with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (BLM). For further information and press releases on Baltimore Technologies, please visit http://www.baltimore.com Baltimore Technologies, Telepathy telepathy, supposed communication between two persons without recourse to the senses. The word was formulated in 1882 by Frederic William Henry Myers, English poet, essayist, and a leading founder of the Society for Psychical Research in London. , KeyTools, TrustedWorld, PKIWorld and Baltimore product names including UniCERT, UniCERT Options, MailSecure, PKI-Plus and J/CRYPTO are all trademarks of Baltimore Technologies plc. All other trademarks are the property of their respective owners. Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements implied by such forward-looking statements. |
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