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Press Release
25 February 2009

BeCrypt appoints new Non-executive Director

Leading provider of security solutions continues to expand and recruit leading senior personnel as demand for data protection solutions increases

BeCrypt, a leading supplier of data security solutions to the public and private sector, has appointed Stephen Bellamy as Non-executive Director. The appointment further strengthens BeCrypt’s senior management team, having also recently made senior appointments in its Marketing and Sales operations. Steve brings both executive and non-executive experience in high growth IT companies

Steve’s credentials include over fourteen years’ experience in various business operations and thirteen years’ investment expertise. He has been Chairman since 2000 of The First Close Technology Fund, which specialises in investing in early stage UK technology companies and is a Non-executive Director of three other technology companies, one of which is private and the other two public. In 2007 he also became a Founder Partner and CEO of Accretion Capital, a specialist European technology fund management business, launched to capitalise on emerging technology opportunities in Europe. He has held a number of executive roles in his career, including Chief Operating Officer and Finance Director for Sherwood International plc from 1994 to 2001. He was instrumental in Sherwood’s turnaround from a diverse UK centric Group with high recorded losses to a leading technology solutions provider to the global insurance industry and UK Government.

Prior to joining Sherwood, Steve was a UK investment Director of Brierley Investments, an investor in undervalued UK companies, and before that worked at Coopers & Lybrand (now PwC) in New Zealand and New York. He trained as a Chartered Accountant in New Zealand.

Steve Bellamy said; “BeCrypt is at an exciting stage in its development. It has well established strong foundations and expertise in developing technology solutions for the data security market. The company has demonstrated consistent leadership and steady growth with high quality, well-designed products. I look forward to assisting BeCrypt in achieving their ambitious growth plans.”

Dr. Bernard Parsons, CEO at BeCrypt said; “Steve brings a huge amount of experience to the BeCrypt management team. His expertise in high growth IT businesses will be a great asset as we continue our expansion into new markets and new geographies. Steve’s appointment demonstrates BeCrypt’s increasing ability to attract high calibre people. The company is currently in an exciting growth phase and I am looking forward to working with Steve to fulfil our potential.”

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About BeCrypt
BeCrypt Limited was formed in 2001 to meet the growing demand for high-level computer encryption products in the international government and corporate marketplace. BeCrypt products protect customers in key UK government areas including: central and local government, the defence sector, law enforcement and transportation.

The company now also provides a range of flexible security products tailored to meet the requirements of the commercial sector. BeCrypt has customers in financial services, pharmaceutical, insurance and banking sectors.

BeCrypt’s DISK Protect Baseline and DISK Protect Enhanced products have been designed to meet stringent government security standards and have been approved by the UK Government.

BeCrypt data security products are packaged and sold by a number of high profile organisations under OEM licence.

BeCrypt has won an award from the Department of Trade and Industry for innovative technology and has patents pending on a number of unique security technologies.

BeCrypt is a privately owned company based in London with additional offices in Washington, DC.

For more information please visit: www.becrypt.com or call:

Editors contacts

Ben Ross
Vice President of Marketing
BeCrypt Limited
Tel: +44 (0) 845 838 2050
Email: bross@becrypt.com


Andreina West/Mary Phillips
PR Artistry Limited
Tel: +44 (0) 1491 639500
Fax: +44 (0) 1491 638866
email: andreina@pra-ltd.co.uk



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