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Carmichael Security Transforms itself into Black Dragon Software.


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, Mich.--(BUSINESS WIRE)--Sept. 3, 2003

Carmichael Security, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 

David Smith Named Chief Executive Officer and Douglas Dormer dormer

Window set vertically in a structure that projects from a sloping roof. It often illuminates a bedroom. In the late Gothic and early Renaissance periods, elaborate masonry dormers were designed.
 

Named President of Security Risk Measurement Solution Provider

Carmichael Security, LLC, an emerging supplier of IT Security Risk Measurement (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) solutions, today announced that it has changed its name and is now Black Dragon dragon, mythical beast usually represented as a huge, winged, fire-breathing reptile. For centuries the dragon has been prominent in the folklore of many peoples; thus, its physical characteristics vary greatly and include combinations of numerous animals.  Software, LLC. Also, David Smith, a founding investor in Black Dragon Software, has been named chief executive officer and Douglas E. Dormer, formerly senior vice president of sales and marketing, has been named president.

The name change and the new appointments come at a time when the company is concluding two years of research and development into Security Risk Measurement and is preparing for the general availability release of its Security Risk Measurement product suite scheduled for October.

"Doug's leadership since joining the company has been instrumental in our ability to achieve the general availability and release of our product suite this fall. It is apparent that his experience and integrity make him the ideal person to lead Black Dragon Software into the market," said Smith.

"I appreciate the confidence our investors have shown in appointing me president," said Dormer. "David's vision and passion from the beginning have been instrumental to our success. It is an honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  to lead the Black Dragon team as we bring the Security Risk Measurement product suite to market. It is clearly the right product for the right time."

In 2001 Mr. Smith co-founded Black Dragon Software to develop a solution which would allow both private and public entities to measure the strength of security protecting information technology assets using a defendable, repeatable metric. Mr. Smith is a 20 year veteran with experience in highly leveraged financed investments and tax sheltered tax shelter: see tax exemption.  annuities.

Mr. Dormer joined Black Dragon Software in February 2003 after an eleven year career with Bottomline Technologies, a leading global technology provider of secure financial transaction software and services, where he served in a variety of sales and marketing management positions. During his time with Bottomline, the company grew to $70 million in revenue.

About Black Dragon Software, LLC

Black Dragon Software is a provider of software and services used to measure the strength of an organization's information technology ("IT") security environment. These solutions enable organizations to form judgements about their IT security risks using an objective, easy to understand measurement standard based on a defendable, repeatable mathematical database and process. These Security Risk Measurement solutions allow organizations to optimize optimize - optimisation  security investments, assess security risks and enhance security-driven revenue opportunities. http://www.blackdragonsoftware.com

For the time being, Black Dragon Software may be found at www.carmichaelsecurity.com as well as its new home at www.blackdragonsoftware.com.

Cautionary Language

This press release may contain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve risks and uncertainties, including statements regarding expected benefits of use of the Company's products and future growth or results. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  and general economic conditions.
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Publication:Business Wire
Date:Sep 3, 2003
Words:516
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