[September 18, 2014]

Covata Welcomes Trent Telford as Chief Executive Officer

Covata, the industry leader in data-centric security, today announced that founder Trent Telford is returning to the role of chief executive officer, overseeing day-to-day operations and leading the company in its next phase of growth. Mr. Telford has been on the Board of Directors since the company's inception in October 2007 and has remained close to the development of Safe Share, the Company's flagship product, built on top of the Covata platform.

"We are at an exciting period of growth at Covata with tremendous opportunities in the market," said Trent Telford, Chief Executive Officer of Covata. "I hear chief security officers repeatedly ask how they can solve the critical business issues of securing data across devices and networks, and the problem of shadow IT that plagus all large enterprises. Covata was founded with this challenge in mind and that's the business problem we are solving everyday for our customers."

Covata's Safe Share solution is an innovative product that goes beyond protection, giving control and visibility back to the enterprise and allowing businesses to own their data once again. It enables companies to retain exclusive ownership of the keys to encrypted data for full control -- behind their firewall -- even if data is stored in the cloud.

"The promise of Covata is enabling companies to never slow down the pace of business or sacrificing innovation because of security risks," continued Mr. Telford.

Prior to Covata, Mr. Telford started his career in large financial organizations in Europe including Bankers Trust and Deutsche Bank, before becoming an IT Management Consultant across Australia and Asia. He has advised blue-chip companies on government strategy, delivery, technology architecture, change management and transformation; including Vodafone (News - Alert), GE, Amex, NAB, CBA, Bankers Trust, Deutsche Bank, ANZ, CentreLink, Australian Department of Defense and First Pacific Co. Hong Kong.

In addition, Covata announced Mr. Chuck Archer will serve as executive chairman of the Board of Directors. Mr. Archer is a senior executive with Government and Industry experience of exceptional breadth and access and has been part of Covata's Board of Directors for the past three years and also served as interim CEO prior to Mr. Telford's arrival.

Mr. Archer culminated his 28 years of US Federal Government service as Assistant Director of the FBI in charge of the FBI's Criminal Justice Information Services Division (CJIS). While at the FBI, Mr. Archer was appointed by the US Attorney General to SES (News - Alert)-6, the highest civil-service rank in the US Government.

About Covata

Covata enables organizations to conduct business with confidence in an untrusted world. Covata delivers data-centric security solutions that protect data wherever it may travel - inside the enterprise network, beyond the domain, on mobile devices and in the cloud. Businesses, vendor partners and service providers utilize the Covata Platform to incorporate data-level security into applications, products, and services, enabling them to maintain constant control over its security. With Covata, you Own Your Data and can trust that it is protected and secure, however it may be shared and used by customers, partners and other parties.

For more information, please visit: www.covata.com

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