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Security Veteran Takes the Helm at Identity Engines; Pete Selda Joins Identity Engines to Accelerate Growth and Strengthen Leadership in Network Identity Management Market.


MOUNTAIN VIEW, Calif. -- Identity Engines, Inc., a leading provider of network identity management solutions, today announced that Pete Selda will join the company as chief executive officer. Selda brings more than 25 years experience in technology, having played key roles in sales, marketing and executive management in startup and large corporate environments.

A proven growth-stage 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.  with extensive experience in the security industry, Selda was most recently president and CEO of WholeSecurity, Inc., a provider of behavior-based security and anti-phishing technology. At WholeSecurity, he built the executive team, secured more than $20 million in venture funding and led the company from incubator pre-product stage through the company's acquisition by Symantec Corporation in October 2005. Prior to WholeSecurity, Selda was president and CEO of Internet Dynamics The Internet has a large and growing number of users that have created a distinct culture, Internet Dynamics. For examples see Netiquette, Internet friendship, Internet romance, Trolls and trolling, Flaming, Cybering, Hacktivism, Internet humor, Internet slang, Internet art, PSTN. , an Internet security company focused on enterprise-class security solutions. During his tenure at Internet Dynamics, Selda was responsible for managing corporate growth and direction, and ultimately oversaw the company's successful acquisition by RedCreek Communications, Inc.

"With more than 30 channel partners signed and over 20 customer deployments in the year to date, the Identity Engines' Ignition(TM) network identity management solution is quickly re-shaping the network access marketplace," said Richard Bush, founder and Chairman of Identity Engines. "Pete brings the exceptional leadership, depth of experience and strategic insight to capitalize on the demand for Ignition. The board and Identity Engines' management team have complete confidence in Pete's commitment to the continued success of the company."

"My goal is to extend Identity Engines' position in the marketplace. The combination of next generation network identity management technology, the evolution of how companies use and access their networks and an exploding growth market make Identity Engines a compelling opportunity," said Selda. "Identity Engines has tremendous growth potential and the ability to become the leader in the network identity solutions marketplace."

Prior to Internet Dynamics, Selda spent sixteen years at Tandem Computers where he held a variety of positions, including sales and sales management, and served as the president of MPACT MPACT Mississippi Prepaid Affordable College Tuition Plan  EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect.  Systems, Inc., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Tandem. He also served as VP of Tandem's clustering software technology OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and  business and as Tandem's investor relations Investor relations

The process by which the corporation communicates with its investors.
 executive and financial community spokesperson. Selda began his business career in sales and marketing with Control Data Corporation. He holds a BBA BBA
abbr.
Bachelor of Business Administration
 from Dowling College in Oakdale, NY.

About Ignition(TM)

Identity Engines Ignition(TM) is a secure network appliance that facilitates comprehensive network identity management. With its sophisticated policy engine and high-reliability design, Ignition has been created to simplify how IT administrators manage access control and secure networks. The innovative, hardened platform is designed for quick and seamless deployment into enterprise IT infrastructures through its support for widely-supported protocols such as RADIUS (Remote Authentication Dial-In User Service) and 802.1X. Ignition tightly integrates with common identity stores such as Microsoft's Active Directory as well as popular LDAP (Lightweight Directory Access Protocol) A protocol used to access a directory listing. LDAP support is implemented in Web browsers and e-mail programs, which can query an LDAP-compliant directory.  (Lightweight Directory Access Protocol (protocol) Lightweight Directory Access Protocol - (LDAP) A protocol for accessing on-line directory services.

LDAP was defined by the IETF in order to encourage adoption of X.500 directories.
) directories from enterprise vendors like Sun Microsystems and Novell.

About Identity Engines

Founded in 2004, Identity Engines develops scalable, identity-based solutions for securing enterprise networks. The company's solutions provide comprehensive identity services such as authentication, authorization, and auditing to distributed network devices while enabling centralized administration and policy management for improved access control and compliance. For more information, visit http://www.idengines.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:May 10, 2006
Words:543
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