Privaris(R) Announces John Petze as CEO, Strengthens Focus on Deploying Mass Market Biometric Technologies.CHARLOTTESVILLE, Va. -- Privaris Inc.: --John Petze to focus effort on building strategic partnerships and sales channels --Former 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. Barry Johnson moves into key CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. role, retains chairmanship Privaris Inc., a leading provider of wireless biometric security solutions, today announced the appointment of John Petze to the position of Chief Executive Officer. Petze will focus on the creation of strategic partnerships and sales channels to deploy Privaris' new products into the market as quickly as possible. Mr. Petze has also been elected a member of the Board of Directors. Dr. Barry W. Johnson, Privaris' Co-founder and former CEO, remains as Chairman of the Board and additionally moves into the Chief Technology Officer role. Petze served since 2003 as CEO at Tridium, a global software products and services company providing a technology platform to control smart devices. Tridium, which was recently acquired by Honeywell International, saw great success under his leadership, developing strong distribution relationships with system integrators, OEMs and resellers. Petze has served in a variety of senior technical and management positions with manufacturers of hardware and software in his 25-plus year career. He has a BS degree from Worcester Polytechnic Institute Worcester Polytechnic Institute - (WPI) A well-regarded, small engineering college. Address: Worcester, MA, USA. , Massachusetts. Barry Johnson, Chairman and CTO, said, "We recently announced an outstanding product with the plusID personal biometric fob series and more are in the pipeline. Now Privaris needs an individual with proven abilities in the creation and execution of strategies to bring about widespread market adoption. John is that person. He came to our attention because of his experience in rapidly executing distribution and penetration strategies across a variety of markets. I look forward to great success as we continue to build our team and execute to plan." "There is no doubt that Privaris has the expertise and the products the marketplace needs," said John Petze. "In this next stage, our focus will be to accelerate the deployment of Privaris' innovative biometric solutions into the marketplace, both at home and internationally, and to expand the infrastructure to support the large scale adoption of the technology across consumer, commercial and government applications. Barry will be able to focus on development of next generation biometric solutions in his role as CTO. His technology expertise and his vision as Chairman are of great value. I'm excited to join the Privaris team at this pivotal time - we're well positioned in a rapidly expanding market, and ideally suited to serve the growing need for enhanced security." Privaris recently introduced the plusID(TM) - the world's first mobile, handheld biometric device biometric device - biometrics that enhances security while eliminating the need for employees to use multiple access cards and passwords. The new key-fob sized device authenticates a user's identity with their fingerprint fingerprint, an impression of the underside of the end of a finger or thumb, used for identification because the arrangement of ridges in any fingerprint is thought to be unique and permanent with each person (no two persons having the same prints have ever been and enables secure access to buildings and other physical facilities, local and remote computers and networks, and online or onsite financial transactions. plusID incorporates the first implementation of Broadcom Corporation's BCM BCM Baylor College of Medicine BCM Become BCM Business Communications Manager (Nortel) BCM Broadcom Corporation BCM Business Continuity Management BCM Business Contact Manager (Microsoft) 5890 secure processor. Additional biometric security products are to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. by Privaris in the next few months. John Petze's appointment was effective June 30, 2006. About Privaris Privaris Inc. focuses its technology expertise on the intersection of high security biometric applications and an individual's right to personal privacy. Privaris products authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. the identity of an individual prior to that individual being granted access to facilities, resources, services, and transactions. Privaris Inc. is a privately-held Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. with its headquarters in Charlottesville, Virginia Charlottesville is an independent city located within the confines of Albemarle County in the Commonwealth of Virginia, United States, and named after Princess Sophia Charlotte of Mecklenburg-Strelitz, the wife of King George III of the United Kingdom. . www.privaris.com. NOTE TO EDITORS, REPORTERS: A PRODUCT BACKGROUNDER back·ground·er n. An informal news briefing for reporters by an official often speaking off the record. Noun 1. backgrounder ON PRIVARIS' plusID, PHOTOS, AND BIOS ON PRIVARIS' SENIOR EXECUTIVES ARE AVAILABLE ON REQUEST. (C) Copyright Privaris, Inc. 2006. All rights reserved. Privaris (R) is a registered trademark of Privaris, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . plusID(TM) is a trademark of Privaris, Inc. Broadcom(R), is a trademark of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Other product and company names mentioned herein may be trademarks of their respective owners. |
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