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Betrusted Announces Purchase of Info Fortress Solutions, Inc.; Combined Strength of Both Companies Creates Dominant Security and Trust Services.


Business Editors

NEW YORK--(BUSINESS WIRE)--March 12, 2004

Betrusted, the premier global provider of security and trust services, announced today that it has reached an agreement to purchase Info Fortress Solutions, Inc., a leading provider of IT services focusing on solving complex security challenges. Info Fortress implemented the nation's first security assertion mark-up language (SAML (Security Assertion Markup Language) An XML-based format from OASIS for exchanging security information for single sign-on. The "assertions" are statements from a SAML authority that authenticate a user, confirm some attribute about the individual and grant or ) cross-company authentication technology in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 industry.

Info Fortress, owned and founded by President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Janis Mitchell, has obtained triple-digit growth in the last three years and has a strong reputation in designing and delivering leading-edge security solutions for Fortune 500 companies.

"We're excited to be joining forces with Betrusted. It will be a natural marriage of talent and IT security solutions. We'll be the first call for trust services," Mitchell said.

With the acquisition, Mitchell will become President of Betrusted Consulting for the Americas and will be responsible for managing and growing the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  group domestically. The centerpiece of the professional services group at Betrusted is the Enterprise Security Framework, a comprehensive model for designing, implementing and operating security and privacy services.

SAML is an XML-based framework for exchanging authentication and authorization information, enabling single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. . This allows the use of a variety of Web resources through one Web portal See portal. , eliminating the need for multiple sign-ons and passwords.

About Info Fortress Solutions

Info Fortress is a leading provider of complex IT security, identity access management and communication solutions for Fortune 500 companies. Info Fortress also provides thought leadership for IT development, architecture and design. Privately owned and located in Westerville, Ohio Westerville is a city in Franklin and Delaware Counties in the U.S. state of Ohio. It is a suburb of Columbus. The population was 35,318 at the 2000 census. Geography
Westerville is located at  (40.123496, -82.
, Info Fortress serves major companies including APS, Cardinal Health, Bank One, Fifth Third Bank, Nationwide Insurance and American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. . Info Fortress may be reached at 800-738-3062 or www.info-fortress.com.

About Betrusted

Betrusted is the premier global provider of security and trust services to the world's leading organizations and government agencies. Through its managed security services, Betrusted offers clients a comprehensive package of leading security products coupled with unrivalled expertise to help reduce costs, increase revenues and comply with government and industry regulations. Betrusted is wholly owned by One Equity Partners, Bank One's private equity arm. For more information, please visit our Web site at www.betrusted.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 12, 2004
Words:370
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