CATAVAULT OPENS EUROPEAN OFFICE, NAMES MANAGING DIRECTOR
PHILADELPHIA, PA and LONDON – September 19, 2001 – CATAVAULT, a leader in the online identity and authentication sector, today announced the creation of a European business development office and named Yack Media Services co-founder Sean Malatesta as Managing Director.
Malatesta, who conceived the Yack concept, and was instrumental in developing the service into the world’s most comprehensive Internet Program Guide, will be based in London and be responsible for generating partnerships that will help European service providers maximize the potential of CATAVAULT’s online identity and authentication service.
“Given the global Internet economy, CATAVAULT’s abilities to simplify web surfing and electronic transactions transcend international borders,” said Jonathan Bari, founder, Chairman and CEO of CATAVAULT. “Sean Malatesta’s expertise in international business development and online services will be invaluable as we capitalize on global markets.”
“I’m happy to be working with CATAVAULT,” said Malatesta. “I believe that this company and its technology is required and a must-have element for Internet usage. The team is focused, the product ready and the business is building. I am happy to make a contribution to this entity.”
As vice president, international business development for Yack, Malatesta focused on expanding the company’s reach around the world, and assisted with its domestic content acquisition and distribution deals. Prior to founding Yack, Malatesta served as an agent trainee in the mailroom of the motion picture and corporate sponsorship divisions of the William Morris Agency`s New York offices.
Malatesta has also worked for Hall, Dickler, Kent, Friedman & Wood, LLP, an entertainment law firm, and Forte Management, Inc., a business management company servicing the fashion world. While at Forte Management, Malatesta managed high profile models and photographers. He is a graduate of the University of Michigan and the New York Law School, where he studied entertainment and media law.
CATAVAULT’s European office is based at 11-13 Soho Street, London, W1V 5DA. Telephone 44 (0) 7946.630.067 or Fax 44 (0) 870.168.1644. Malatesta can be reached via e-mail at sean@catavault.com.
About CATAVAULT
CATAVAULT’s patent pending server and client-side technology (www.catavault.com) powers the “All Access Pass to the Internet” so that users do not need to remember all of their authentication credentials for more than 3,500 sites, ranging from Amazon.com to ZDNet. CATAVAULT`s All Access Pass to the Internet, which is licensed to 3rd party private label partners such as Time Warner’s Road Runner (www.catavault.com/privatelabel), is revolutionizing the way businesses and consumers manage online activities. CATAVAULT is PC, PDA, Mobile Phone and Set-top Box enabled, so users can access their information from any device, at any time and from anywhere. CATAVAULT is funded by The Ben Franklin Technology Partners and Aegis Investment Resources. From January through August 2000, Andersen incubated CATAVAULT. CATAVAULT’s other backers include private investors.
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