[November 01, 2005]

Security Innovation Expands Executive Team with Appointment of Peter Jenney to Vice President of Strategy; Seasoned Technology Leader to Develop Strategic Partnerships and Diversify the Product and Services Portfolio

WILMINGTON, Mass. --(Business Wire)-- Nov. 1, 2005 -- Security Innovation, the independent industry leader in application security testing, research and training, today announced the appointment of Peter Jenney to vice president of strategy. Leveraging more than 20 years of experience in the computer software and services industries, Mr. Jenney will plan and direct all aspects of Security Innovation's strategic partnership activity. Mr. Jenney's primary near term focus will be to define and develop strategic relationships to increase Security Innovation's penetration into the security market. This will include working with Security Innovation's senior management, engineering and business development teams, as well as the company's business partners to identify new opportunities that will further diversity the product and services portfolio.

"As Security Innovation maintains solid momentum and moves toward the high-growth stage, we need to roll out more sophisticated strategic initiatives to ensure longer-term growth, stability and market leadership," said Ed Adams, CEO of Security Innovation. "Pete's wealth of expertise within the software and service markets makes him an excellent choice to help us build value through partners and channels. He will help us find ways to expand and redefine our solutions to meet the needs of the market. The winner in this space is going to be the company that figures out how to take advantage of the intersection of the security world and software development/testing world. Pete is the person that can help Security Innovation get there."

"Security Innovation's relentless focus on application security, testing and training is paying dividends as evidenced by the company's growth and resounding acceptance by industry leaders," said Pete Jenney. "The company has superior technology, leadership, engineers and services. We now have an excellent opportunity to further our leadership in the R&D area and to strike while no one else is even close to mastering this space. I look forward to helping Security Innovation progress to the next level of awareness and revenue growth."

About Peter Jenney

Mr. Jenney brings more than 20 years of high-tech experience to Security Innovation. He recently worked with the company as a consultant on product planning and development for Holodeck and other internal service tools. Prior to joining Security Innovation, Mr. Jenney served as director of product management & strategy at such companies as Rational Software, Dataware, Ipswitch and Legato, where he successfully rolled out world-class products and managed technology relationships with industry leaders, such as Cisco, IBM and Microsoft.

About Security Innovation

Security Innovation, Inc. is the leading independent provider of application security services. Dozens of leading organizations, including Adobe, Cisco, Fidelity, Harris Corporation, IBM, ING, HP, Microsoft, VISA, SAP, Symantec, VeriSign and a number of government agencies, rely on Security Innovation's expertise in application security testing and training to develop, evaluate and deploy more secure applications. More than 60 percent of the Company's staff holds advanced degrees in computer science with 30 percent at the Ph.D. level. The Company is headquartered in Wilmington, Mass., with offices in Amsterdam, The Netherlands; Seattle, Wash.; and Melbourne, Fla. For more information about Security Innovation, visit www.securityinnovation.com or call +1.978.694.1008.

[ Back To TMCnet.com's Homepage ]

Discussions: