Robert Steinkrauss Joins GeoTrust Board of Directors
Former Chairman and CEO of Raptor Systems
to Help Guide Expansion into Enterprise Data Security
Market, Focus Company on Long-Term Growth Strategy
April 14, 2003 - San Francisco, RSA Conference 2003,
Booth #717 - GeoTrust, Inc., a leader in identity
and security solutions for e-business and the second
largest certificate authority, today announced that
it has named Robert Steinkrauss to its board of directors.
Steinkrauss will assist the company's management team
in overseeing GeoTrust's evolution from an emerging-growth
company to a market leader. He brings extensive experience
in managing publicly and privately held companies
in the information security, networking and telecommunications
industries.
Steinkrauss is currently chairman of the board of
Authentica, Inc., a content security software company.
He was previously CEO of Taqua Systems, Inc. Before
that, Steinkrauss was president and co-CEO of Xedia
Corporation, where he grew revenues from $500,000
to $21 million in two years. Subsequently, Steinkrauss
sold the company to Lucent Technologies for $246 million.
At Lucent, he became vice president and general manager
of the WAN Systems Group, where he was responsible
for all aspects of the $250 million, 350-person group.
Between 1995 and 1998, Steinkrauss held the positions
of president, CEO and chairman of network security
software and services provider Raptor Systems, Inc.
While president and CEO, Steinkrauss took the company
public, met expectations during all eight quarters
as a publicly held company and diversified the product
line. As chairman, he helped sell Raptor to AXENT
Technologies (now part of Symantec Corp.) for $250
million.
"Bob has a very impressive record of guiding emerging
companies to achieve sizable growth, and position
them for market leadership, acquisition or IPO," said
Neal Creighton, CEO and president of GeoTrust. "His
leadership will be beneficial to GeoTrust as we continue
to penetrate the enterprise security market, enter
new markets and increase market share for our core
authentication technology."
Steinkrauss received a B.S. in accounting from Boston
College, graduating magna cum laude.
About GeoTrust, Inc.
GeoTrust, Inc., an emerging leader in Identity and
Trust Services, helps organizations of all sizes secure
e-commerce transactions, trusted identities and fully
managed trusted environments for conducting e-business.
GeoTrust's Web Security Services offer hosting providers
and businesses with world-class digital certificates
for fast transaction security and patent-pending smart-seals
to ensure a trusted identity on the Web. GeoTrust
also offers managed security services for large enterprises.
With more than 70,000 companies in over 140 countries
using its technology for transaction security, GeoTrust
is the second largest digital certificate provider
in the world. GeoTrust can be reached at www.geotrust.com
or 800-944-0492.
GeoTrust is a registered trademark of GeoTrust,
Inc. QuickSSL and True Site are trademarks of GeoTrust,
Inc. All other product names are trademarks or registered
trademarks of their respective owners.
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Media Contact:
GeoTrust Contacts:
Kae Kronthaler-Williams
GeoTrust
781-263-4113
Liza Koppelson
Schwartz Communications, Inc.
781-684-0770
geotrust@schwartz-pr.com
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