|By Marketwired .||
|June 19, 2014 07:01 AM EDT||
BOULDER, COLORADO -- (Marketwired) -- 06/19/14 -- Ecrypt Technologies (OTCQB: ECRY) announced today that Dr. Thomas A. Cellucci, former Chief Commercialization Officer at the US Department of Homeland Security and the White House in both the Bush and Obama Administrations, was elected as Chief Executive Officer (CEO) by the Board of Directors of Ecrypt Technologies, Inc. after joining the Board earlier this year.
Dr. Cellucci is an accomplished serial entrepreneur, seasoned senior executive and Board member possessing extensive corporate, Venture Capital and Private Equity experience. His strengths include advanced strategic planning, market research, business intelligence and innovative public-private partnerships. Profitably growing high technology firms at various levels has been his trademark.
Cellucci commented: "It is truly an honor to be asked to assist the Ecrypt team to expand its offerings and rapidly grow the firm through both organic means and strategic acquisitions. Technology, products and services targeted to security applications are critical for both private and public sectors across the globe. I join the Ecrypt team with much enthusiasm and a speed-of-execution mindset that will yield stockholder value in both the short and long term."
"As the Company continues to execute on its core objectives, the recruitment of industry and capital market specialists to the executive team are essential to refine our direction and processes," stated Curt Weldon, Chairman of Ecrypt's Board of Directors. "We welcome Dr. Cellucci's proven leadership in profitably growing high-technology companies."
In addition to his experience and expertise as a senior executive and Board member for over 30 years in the private sector, Cellucci serves on a number of Boards, is the author of over 24 books and more than 192 scholarly articles.
For more information about Dr. Cellucci, you can view his bio on Ecrypt's website at the following link: http://ecryptinc.com/person/thomas-cellucci/
About Ecrypt Technologies
Ecrypt Technologies, Inc. is at the forefront of data security, specializing in military-strength information security solutions for enterprise, government and military. Ecrypt empowers organizations with the freedom to communicate and collaborate without risk of liability, reputation damage, competitive threat and other negative outcomes. Ecrypt is the trusted first choice for those looking to keep their communications confidential.
For more information, visit http://ecryptinc.com.
Safe Harbor Statement
This press release contains certain "forward-looking statements", as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.