DigitalPersona Names Richard Agostinelli Chief Executive Officer
Agostinelli to Leverage Deep Biometrics Industry Experience to Guide Organization Through Next Phase of Growth
REDWOOD CITY, Calif., June 28, 2012 /PRNewswire/ -- DigitalPersona, Inc., a global provider of multi-factor authentication and access management solutions, today announced the appointment of Richard Agostinelli to the position of president and chief executive officer. Agostinelli is chartered with guiding the organization through its next phase of growth. He will also hold a position on the company's board of directors. Fabio Righi , the company's previous CEO, will serve as a board advisor.
"DigitalPersona was founded with the vision to make biometrics secure, affordable and convenient for individuals and businesses," said Vance Bjorn , co-founder and chief technology officer at DigitalPersona. "Passwords have become the weakest link in digital security and identity, so the need for an alternative has never been greater, especially in markets such as healthcare, retail and banking. With several years of solid growth and profits, we have laid a good foundation for our products to lead this next generation of user authentication and identity. I look forward to working closely with Rich and the rest of the leadership team as we move into this exciting next stage of our evolution."
Agostinelli joins DigitalPersona from L-1 Identity Solutions, a publicly traded company, where he served as president of the biometrics division until its acquisition by Sagem Morpho in 2011. During his tenure at L-1, Agostinelli was responsible for integrating the products and people from several acquired businesses specializing in biometric technologies (face, fingerprint, and iris) and product lines (physical access, enterprise logical access, mobile ID terminals). He was instrumental in transforming the organization from a biometric product supplier to a leading provider of end-to-end multimodal biometric solutions, which included hardware, software and services, to businesses and governments around the world. Prior to this role, he served as the chief financial officer (CFO) at Identix, as well as CFO and chief operating officer at SecuriMetrics, a pioneer in mobile ID terminals.
"Businesses and governments around the world have begun to embrace the need for strong authentication solutions for both people and transactions. DigitalPersona is a pioneer in this market, and over the years has developed an excellent reputation as a provider of high quality biometric sensors and strong enterprise authentication software solutions supporting these initiatives," said Agostinelli. "DigitalPersona has established partnerships with the leading system integrators and computer hardware manufacturers that are instrumental in developing and installing secure ID management solutions. I believe DigitalPersona, together with these strong partners, is now poised to capitalize on the tremendous opportunity in this rapidly growing market."
DigitalPersona, Inc. is a global provider of multi-factor authentication and access management solutions that close the gap between end users and security for enterprises, government agencies and commercial embedded-solution developers. The company's fingerprint biometrics technology helps organizations prevent fraud and increase accountability; it is incorporated into multiple national voting systems, almost all brands of biometrically-enabled point-of-sale (POS) stations, as well as many commercial applications in the retail, healthcare, and financial industries. DigitalPersona's authentication and access management software is shipped by computer manufacturers on millions of notebooks and desktop computers per year; its cloud- and Active Directory-managed solutions multi-factor/strong authentication, single sign-on (SSO) password management and emergency access recovery simplify compliance and cut IT costs. For more information contact DigitalPersona, Inc. at: +1 650.474.4000, or visit www.digitalpersona.com.
© 2012 DigitalPersona, Inc. All rights reserved. DigitalPersona® and U.are.U® are trademarks of DigitalPersona, Inc. registered in the United States and other countries. All other trademarks are the property of their respective owners. This information should not be relied upon as legal advice. DigitalPersona specifically disclaims all warranties of any kind, express or implied. Users must take full responsibility for their application of any products or compliance with any legal requirements.
McGrath/Power Public Relations
SOURCE DigitalPersona, Inc.
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