Network Security Veteran Joins Board of Penetration Testing Software Leader
BOSTON, MA - June 19, 2007 - Core Security Technologies, provider of CORE IMPACT, the first-to-market penetration testing product for assessing specific information security risks, today announced that security industry veteran Robert Steinkrauss has joined its board of directors. With over 35 years of executive leadership, Steinkrauss brings to Core Security extensive experience in managing publicly and privately held companies in the information security, networking and telecommunications industries. He will provide strategic guidance on the growth and development of the company as it continues to bring innovative security technologies to market.
"Bob brings to Core Security an impressive track record of successfully leading security technology companies, which will contribute to the development of our strategy and key relationships in the industry," said Paul Paget, CEO of Core Security Technologies. "We look forward to his contributions as a board member as we continue to build on Core Security’s position as a leading provider of security testing software and services."
Steinkrauss most recently served as president, chairman and CEO of Ingrian Networks, Inc., which offers a security technology that encrypts critical data in applications, files and databases. He is also currently a finalist for the Ernst & Young "Entrepreneur of the Year" for Northern California.
Prior to Ingrian Networks, he held various executive positions that include:
- Chairman of the board of Authentica, a provider of content security software, which was subsequently sold to EMC in 2006.
- Vice president and general manager of the WAN systems group at Lucent Technologies, where he was responsible for all aspects of this $250 million division.
- President and CEO of Xedia Corporation, where he oversaw the company’s revenue growth from $500,000 to $15 million over two years and sold the company to Lucent for $246 million.
- Chairman, president and CEO of Raptor Systems, where he brought the company public in 1996, boosting revenue 273% year-over-year. In 1998, he was part of the team that sold Raptor Systems to Axent Technologies for $240 million. During this time he was an Ernst & Young "Entrepreneur of the Year" finalist in 1997 for the New England region.
"Core Security helps organizations worldwide efficiently and effectively assess their security posture, and I’m convinced that every company should take advantage of this critical step in the security process," said Steinkrauss. "I look forward to leveraging my security and technology experience to help Core Security in its mission to provide companies with the technology they need to mitigate network security risks."
Prior to joining Raptor in 1995, Steinkrauss held a number of executive positions at Racal Electronics PLC, including president and CEO of Racal Interlan, Inc. Additionally, he was the senior vice president and chief financial officer of Racal Milgo, Inc. Steinkrauss has also held international general management positions in Europe and Mexico with Unitrode. Steinkrauss received a B.S. in accounting from Boston College, graduating magna cum laude.
About Core Security Technologies
Core Security Technologies develops strategic solutions that help security-conscious organizations worldwide. The company’s flagship product, CORE IMPACT, is the first automated penetration testing product for assessing specific information security threats to an organization. Penetration testing evaluates overall network security and identifies what resources are exposed. It enables organizations to determine if current security investments are detecting and preventing attacks. Core augments its leading technology solution with world-class security consulting services, including penetration testing, software security auditing and related training. Based in Boston, MA and Buenos Aires, Argentina, Core Security Technologies can be reached at 617-399-6980 or on the Web at http://www.coresecurity.com.
Dave Bowker or Tiffany Archambault