Core Security Technologies Appoints New CEO & Relocates Corporate Headquarters to Boston

Core Security Technologies Appoints New CEO & Relocates Corporate Headquarters to Boston

New CEO Paul Paget Brings Over 20 Years Technology and Sales Experience to Leadership Role

BOSTON, MA: May 30, 2003 – Core Security Technologies, providing the first-to-market penetration testing software product for assessing specific information security risks, today announced the appointment of Paul Paget to the position of CEO and the relocation of its corporate headquarters from New York to Boston, MA. Mr. Paget assumes this role after serving as the company’s President since mid 2002. In his new position, Mr. Paget will be responsible for the direction, management, and expansion of the company. Mr. Paget brings over 20-years of sales, marketing and management experience in the technology sector to this new post.

“Paul possesses the rare combination of proven leadership capabilities, technical knowledge and a proven track record in developing and growing industry-defining companies,” said Jonathan Altszul, co-founder of Core. “With his background, Paul is uniquely positioned to guide and accelerate the rapid, worldwide growth of Core.”

“Core Security Technologies is already recognized as the only company offering comprehensive and efficient penetration testing software. Core possesses an unmatched technology that makes it tremendously easy for organizations to assess the security of their most valuable information,” said Paget. “Boston provides us access to outstanding resources, making it easier and more cost-effective for us to build a business. My job is to ensure that we build on our current momentum and deliver long-term success for the company by helping customers identify risks and more-efficiently solve their IT security problems.”

Most recently, Mr. Paget served as Senior Vice President of Baltimore Technologies Americas, where he successfully developed a software and services business that earned near $30 million of annual revenue. He was responsible for sales, marketing, consulting, professional services, hosting services and expanding and redirecting the company’s product strategy. While there, Mr. Paget successfully created a team that won major global accounts and established the company as a significant player in the U.S. market.

Previously, Mr. Paget was Vice President of Sales and Marketing for CyberTrust, responsible for worldwide sales, corporate strategy, business development, product management and strategic relationships. Mr. Paget has also held a variety of senior sales and marketing positions with Lotus Development, IBM, and IDG Expo. Mr. Paget holds a bachelor’s degree in history from Bowdoin College and has completed management, technology and executive education with IBM, GTE and the University of Michigan.

Core Security Technologies develops strategic security solutions for Fortune 1000 corporations, government agencies and military organizations. The company offers information security software and services designed to help customers easily and efficiently assess their specific information security risks. The company’s penetration testing software products are complimented by consulting services that include penetration testing, software security auditing, and related training. Headquartered in Boston, MA, Core Security Technologies can be reached at 617-399-6980 or on the Web at

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Fri, May 30