|
FOR IMMEDIATE RELEASE
Veratad Technologies, LLC and
CoNetrix Form Strategic Partnership
Teaneck,
NJ (PRWEB) August 30, 2010 --
Veratad Technologies, LLC, a world
class provider of Virtual Identity
Verification and Compliance
Solutions, announced today that it
has formed a strategic partnership
with CoNetrix, a national security
and technology consulting firm. As a
CoNetrix Strategic Partner, Veratad
will offer CoNetrix’s security and
compliance solutions which include
the award-winning tandem Security
and Compliance Software suite, as
well as security testing services.
“Veratad is a fantastic choice for
us to partner with,” said Jon
Troutman, CoNetrix’s sales and
marketing manager. “One of their
primary specializations is the
financial services industry, which
is our strongest vertical market,
and they have a decade’s experience
in security and compliance
solutions. This partnership will
enable our tandem software suite to
gain an even greater foothold in the
financial community.”
tandem is the first comprehensive
online Information Security Program
software solution for financial
institutions (banks, credit unions,
savings associations, trust
companies, etc.). The software was
developed to help financial
institutions complete and maintain
an Information Security Program
which complies with GLBA and the
Interagency Guidelines Establishing
Information Security Standards.
While tandem was designed as a
complete solution from the ground
up, it was fashioned into modules
which allow for versatility. The
modules include risk assessment,
policies, vendor management, and
business continuity planning.
“We are very excited about this
opportunity to partner with CoNetrix”
said John Ahrens, Veratad’s Managing
Director. “We believe the addition
of the CoNetrix team and their suite
of compliance solutions will
significantly enhance our ability to
assist customers, including
financial institutions, with their
IT compliance efforts.”
About Veratad
Veratad Technologies, LLC (www.veratad.com)
is a provider of both
online/real-time and batch Identity
Verification and Knowledge Based
Authentication Solutions for those
who conduct business on the Internet
or any business that needs to verify
an individual's age or identity. Its
verification solutions are designed
to verify an individual’s identity
and/or age while protecting
sensitive personal data and
promoting a high level of consumer
privacy. Veratad is trusted by
companies large and small to provide
verifications of age and identity.
Its customers include some of the
world's most well known corporations
who use Veratad solutions to reduce
the risk of fraud, comply with
financial regulatory requirements,
provide a safer online experience
and act with a greater sense of
social responsibility.
For More Information Contact:
Pattie Dillon
President
Veratad Technologies, LLC
www.veratad.net/conetrix
Teaneck, New Jersey
Toll Free: 888-510-7343
F: 201-510-6036
Forward-Looking Statements
In
addition to the historical
information contained herein, this
press release contains forward
-looking statements, such as
statements regarding the Company's,
and the combined companies',
anticipated future performance,
including the ability of the
combined companies to expand
verification and e-commerce
capabilities; to increase product
offerings and the size of the
distribution channel; as well as
statements containing the words,
"believes," "intends,", and similar
words. Such forward-looking
statements involve known and unknown
risks, uncertainties and other
factors which may cause the actual
results, performance or achievements
of the Company, or industry results,
to differ materially from any future
results, performance or achievements
expressed or implied by such
forward-looking statements. Such
factors include, among others: the
Company's limited operating history
and variability of operating
results; competition in the
electronic verification and commerce
market; the ability of the combined
companies to successfully offer the
market expanded verification and
privacy tools and e-commerce
capabilities and services and the
market's acceptance of such
offerings, and other risk factors
referenced in this release. |
