November 8, 2013 -
ValidSoft has announced the appointment of Paul Burmester to the company’s CEO post.
Burmester will replace the company’s founding CEO, Pat Carroll.
“The Board set high standards in selecting ValidSoft’s next CEO,” Steven van der Velden, Chairman of the Board and CEO of Elephant Talk Communications said. “Paul brings to ValidSoft an outstanding record of success in developing emerging technology growth companies through to successful mainstream market recognition. We are pleased to have an executive of Paul’s ability to lead ValidSoft through the company’s next stage of monetization. Pat Carroll has done a superb job of developing innovative product sets that have been integrated with several leadings banks and established a relationship with FICO. Now Paul’s expertise will enable us to accelerate the commercial success of those products. The Board of Directors is deeply grateful to Pat and we look forward to his continued contribution to ValidSoft in his new capacity as Executive Chairman. He will continue to drive the vision of ValidSoft, focus on product development, look for new strategic partnerships, while serving as an industry expert in the security and fraud arena where his vision and expertise is globally recognized.”
Last year, ValidSoft was recognized by Opus Research as a leading provider of voice biometrics.
Last month, the company announced a new integration of its technology into Spindle’s MeNetwork 360 mobile commerce ecosystem.
“I am delighted to welcome Paul Burmester as our new CEO and believe he has the ideal skill-set to lead our Company through the next phase of commercialization,” Pat Carroll said. “We are proud of the best in class technology that we have created over the past few years, with a brand name that resonates globally as a leader and trusted advisor in addressing sophisticated fraud and authentication issues with our clients and partners.”