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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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