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CATAVAULT Opens European Office, Names Managing Director.


Business Editors/Hi-Tech Writers

PHILADELPHIA & LONDON--(BUSINESS WIRE)--Sept. 19, 2001

CATAVAULT, a leader in the online identity and authentication sector, today announced the creation of a European business development office and named of Yack Media Services co-founder Sean Malatesta as Managing Director.

Malatesta, who conceived the Yack concept, and was instrumental in developing the service into the world's most comprehensive Internet Program Guide, will be based in London and be responsible for generating partnerships that will help European service providers maximize the potential of CATAVAULT's online identity and authentication service.

"Given the global Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. , CATAVAULT's abilities to simplify web surfing Refers to jumping from page to page on the Web. Just as in "TV channel surfing," where one clicks the remote to go from channel to channel, the hyperlink on Web pages makes it easy to jump from one page to another.  and electronic transactions transcend international borders," said Jonathan Bari, founder, Chairman 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.  of CATAVAULT. "Sean Malatesta's expertise in international business development and online services will be invaluable as we capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 global markets."

"I'm happy to be working with CATAVAULT," said Malatesta. "I believe that this company and its technology is required and a must-have element for Internet usage. The team is focused, the product ready and the business is building. I am happy to make a contribution to this entity."

As vice president, international business development for Yack, Malatesta focused on expanding the company's reach around the world, and assisted with its domestic content acquisition and distribution deals. Prior to founding Yack, Malatesta served as an agent trainee in the mailroom of the motion picture and corporate sponsorship divisions of the William Morris Agency's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 offices.

Malatesta has also worked for Hall, Dickler, Kent, Friedman & Wood, LLP LLP - Lower Layer Protocol , an entertainment law firm, and Forte Management, Inc., a business management company servicing the fashion world. While at Forte Management, Malatesta managed high profile models and photographers. He is a graduate of the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries.  and the New York Law School History
New York Law School is one of the oldest independent law schools in the United States. The Law School was founded in 1891 by a group of faculty, students, and alumni of Columbia Law School led by their founding dean, Theodore William Dwight, a prominent figure in the
, where he studied entertainment and media law.

CATAVAULT's European office is based at 11-13 Soho Street, London, W1V 5DA. Telephone 44 (0) 7946.630.067 or Fax 44 (0) 870.168.1644. Malatesta can be reached via e-mail at sean@catavault.com.

About CATAVAULT

CATAVAULT's patent pending server and client-side technology (www.catavault.com) powers the "All Access Pass to the Internet" so that users do not need to remember all of their authentication credentials for more than 3,500 sites, ranging from Amazon.com to ZDNet.

CATAVAULT's All Access Pass to the Internet, which is licensed to 3rd party private label partners such as Time Warner's Road Runner (www.catavault.com/privatelabel), is revolutionizing the way businesses and consumers manage online activities. CATAVAULT is PC, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). , Mobile Phone and Set-top Box enabled, so users can access their information from any device, at any time and from anywhere.

CATAVAULT is funded by The Ben Franklin Technology Partners and Aegis Investment Resources. From January through August 2000, Andersen incubated CATAVAULT. CATAVAULT's other backers include private investors.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 19, 2001
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