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CoreStreet Hires Former CA Executive Chris Broderick as CEO; Company to Focus on Global Smart Credential and Security Convergence Initiatives.


CAMBRIDGE, Mass. -- CoreStreet, a leader in providing software critical to major credential programs worldwide, today announced Chris Broderick This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  as its new Chief Executive Officer. Broderick joins CoreStreet from CA (NYSE NYSE

See: New York Stock Exchange
: CA), where he acted as senior vice president and general manager of the storage management business unit, a group that contributes nearly $500 million in annual revenues to the computing giant.

"Like never before, governments and private organizations are turning to smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , and other identity credentials, to provide security and privacy around daily activities. In many ways, CoreStreet's innovations make these large-scale deployments possible," said Broderick. "It's with great excitement that I join this team. The industry is at an inflection point Inflection Point

An event that changes the way we think and act.
-Andy Grove, Founder of Intel.

Notes:
For example, the fall of the Berlin Wall was an inflection point in global politics and the commercialization of the Internet was an inflection point in technology.
 and CoreStreet is perfectly positioned for strong long-term growth."

CoreStreet's software is critical to a number of smart credential programs around the world, including the U.S. Department of Defense Common Access Card. The technology is designed to support credential infrastructures and related applications, including certificate validation and access privilege checking. Additionally, CoreStreet products are compliant with the U.S. Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security

executive department - a federal department in the executive branch of the government of the United States
 Presidential Directive (HSPD HSPD Homeland Security Presidential Directive (USA)
HSPD High Speed Packet Data
) 12, which requires federal agencies and contractors to deploy a common credential for access to both physical and digital properties.

"This is a critical time for CoreStreet. We have always built our products around the belief that organizations should use smart credentials for all their security sensitive activities, from digitally signing email to physical access. The explosion in smart credential programs at home and abroad attests to the accuracy of our predictions," said CoreStreet cofounder co·found  
tr.v. co·found·ed, co·found·ing, co·founds
To establish or found in concert with another or others.



co·found
 and President Phil Libin. "Chris' immense experience and strategic vision within the security space will allow us to capitalize on this growing momentum."

Peter Hussey, CoreStreet's cofounder and former chief executive, will remain with the company, focusing on international business development.

Broderick joined CA in 1998 as a Divisional Vice President and has held several positions over the years, including as Senior Vice President and General Manager of technology services for North America. Broderick has a strong technology background, having started his career as a systems engineer and application developer for such organizations as Paragren Technologies and Wang Laboratories. Broderick holds a B.S. in both Aerospace Engineering and Mathematics with a specialization in encryption from the University of Maryland University of Maryland can refer to:
  • University of Maryland, College Park, a research-extensive and flagship university; when the term "University of Maryland" is used without any qualification, it generally refers to this school
, and did his graduate work in Electrical Engineering at George Mason University Named after American revolutionary, patriot and founding father George Mason, the university was founded as a branch of the University of Virginia in 1957 and became an independent institution in 1972. .

About CoreStreet

Every day, the world's most demanding government and commercial enterprises rely on CoreStreet software to power their smart credential and convergence programs. More information, including technical whitepapers, industry solution studies and a list of the patents awarded to the company, is available at www.corestreet.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 27, 2006
Words:433
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