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Jorma Heinonen Appointed CEO of NetSeal Technologies; New CEO Brings Strong Expertise in Global Markets.


Business Editors & High Tech Writers

ESPOO, Finland--(BUSINESS WIRE)--Nov. 12, 2001

NetSeal Technologies -- a provider of next generation software for IP-mobility solutions to carriers, corporations and equipment manufacturers -- today announced the strengthening of its executive team through the appointment of Jorma Heinonen as its Chief Executive Officer.

Heinonen succeeds the founder Panu Pietikainen, who has been appointed Chief Technology Officer, a new position at NetSeal.

Heinonen was a senior executive vice president with Comptel Corporation (HEX:CTL See control key.

1. CTL - Checkout Test language.
2. CTL - Compiler Target Language.
3. CTL - Computational Tree Logic
1V), Finland, where he headed the company's Mediation Device Solutions (MDS MDS,
n See temporomandibular pain-dysfunction syndrome.

MDS 1 Maternal deprivation syndrome, see there 2 Myelodysplastic syndrome, see there
) business. He was in charge of the company's internationalization The support for monetary values, time and date for countries around the world. It also embraces the use of native characters and symbols in the different alphabets. See localization, i18n, Unicode and IDN.

internationalization - internationalisation
 strategy and directed the company's successful strategic partner co-operation program. Prior to Comptel, Heinonen held key executive positions in information technology and telecommunications spanning more than two decades at Digital Equipment Corp. and other major technology companies.

"Jorma Heinonen brings to NetSeal a remarkable track record in managing the growth of information technology and telecommunications services aimed at international markets," said Petri Niemi, NetSeal's Chairman of the Board and Partner at CapMan Capital Management. "His vast experience and extensive relationships will provide vital links to market growth and development as NetSeal continues its expansion of innovative wireless solutions to international markets."

Simon Clark Simon Clark is a horror novel writer from Doncaster, England. One of his most notable works is the novel The Night of the Triffids.

Clark has been nominated for the Bram Stoker Award for Best First Novel, World Fantasy Award for Best Novella and British Fantasy
, Managing Director, Fidelity Ventures Fidelity Ventures is the venture capital arm of Fidelity Investments. Based in Boston and London, Fidelity Ventures invests in emerging technology companies in North America and Europe.  said, "The secure mobile access and roaming market is growing very fast and NetSeal's innovations position it well to expand and increase revenues and market share."

"I'm excited to be joining NetSeal at this point in its corporate development; there is great potential for rapid growth and interesting high tech products to be introduced to the international markets," said Heinonen. "The goal will be to use my own recent experience in launching products and services for international telecom markets to open new doors for NetSeal's flagship wireless communications wireless communications

System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data.
 product, RoamMate and the concept of Mobile Private Networks. RoamMate will be most beneficial for the mobile users who will gain a constantly connected, secure and seamless Internet connection as a completely new service from their operators," commented Heinonen.

About NetSeal Technologies

NetSeal Technologies is a fast growing Finnish software company that produces a unique Mobile Private Network (MPN MPN Master Promissory Note
MPN Most Probable Number
MPN Medical Provider Network
MPN Mobil Producing Nigeria
MPN Manufacturer's Part Number
MPN Military Personnel, Navy
MPN Mobile Private Network
MPN Managed Private Network
MPN Mode Partition Noise
) solution for the telecommunications industry and in corporate environments. Founded in 1996, the company is headquartered in Espoo, Finland. Operations are currently being expanded to international markets. The company's investors include Fidelity Ventures (www.fidelityventures.com) and CapMan Capital Management (www.capman.fi). NetSeal is an active member of the HP Bazaar, IETF See Internet Engineering Task Force.

IETF - Internet Engineering Task Force
 and WECA See Wi-Fi Alliance.  industry organizations, influencing mobile IP and security standardization. For additional information, please visit www.netseal.com.

About MPN

The Mobile Private Network is a secure network environment that enables users to roam seamlessly between different wireless and wired line communication technologies. The network provides users with convenient, secure access to business critical data and applications.
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:Nov 12, 2001
Words:461
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