TRACESECURITY’S CEO SELECTED AS FINALIST FOR BEST EXECUTIVE IN 2007 BY AMERICAN BUSINESS AWARDSSM
05/15/2007
CEO Peter Stewart Is Recognized For Growing TraceSecurity’s Customer Base to Nearly 600 Customers and Increasing Revenues by 140% Annually Since 2003
BATON ROUGE, La. (May 15, 2007) – TraceSecurity, a leading provider of on-demand security compliance management solutions, announced today that CEO Peter Stewart was named a finalist in the Best Executive for Computer Hardware or Services category by the 2007 American Business Awards, also commonly referred to as the Stevie® Awards. Hailed as, “the business world’s own Oscars,” by the New York Times, the American Business Awards are the only national, all-encompassing awards program honoring great performances in business. More than 2,000 entries from companies of all sizes and in virtually every industry were submitted for consideration. Stewart is among four other executives selected as a finalist.
Peter Stewart has more than 18 years of security technology and business management experience. Under Stewart’s leadership, TraceSecurity has grown its customer base to nearly 600 clients worldwide representing over $200 billion in assets. Prior to TraceSecurity, he served as President and CEO of Blaze Technologies, a security vulnerability management company that was merged with Patchportal Inc. to form TraceSecurity. Prior to Blaze Technologies, Stewart served as Executive Vice-President and General Manager of McAfee, one of the largest security software companies in the world, playing a vital role in growing the company from $39 million to over $900 million in revenue and market capitalization from $200 million to over $6 billion.
“I am extremely honored by this nomination. Being selected as a finalist by the 2007 American Business Awards further validates the leadership position TraceSecurity has achieved in the security compliance arena for organizations requiring specialized products and services to meet industry and government compliance regulations,” said Peter Stewart, CEO and President of TraceSecurity.
Stevie Award winners will be announced during the annual gala on Monday, June 11, at the Marriott Marquis Hotel in New York City. The ceremonies will be videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore of THE DAILY SHOW with JON STEWART.
Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners this week from among the finalists. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May. Details about The American Business Awards and the list of finalists in all categories are available at www.stevieawards.com/aba.
About The Stevie Awards
Hailed as “the business world’s own Oscars,” Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
About TraceSecurity
TraceSecurity is a leading provider of security compliance and risk management solutions. The company helps organizations of all sizes to achieve, maintain and demonstrate security compliance while significantly improving their security posture. Key to TraceSecurity’s success is the company’s comprehensive patent-pending methodology that helps clients address all of the critical components of a successful security compliance program; people, process and technology.
TraceSecurity delivers its solutions through an integrated software-as-a-service platform backed by expert professional services and comprehensive security awareness programs. The company’s flagship offering, TraceCompliance Manager, is the first comprehensive solution to automate regulatory compliance audits, board level reporting, policy management, vulnerability assessment, and employee education and testing. The company’s expert professional services include onsite risk assessments, security audits, and social engineering. The security awareness programs include an exhaustive set of standard offerings as well as custom designed courses. With over 500 clients, TraceSecurity supports the risk management and security compliance efforts of organizations in financial services, healthcare, insurance, government and other regulated sectors. For more information, please visit www.tracesecurity.com.
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