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News

New CEO to drive growth at FraudSciences

FraudSciences : 24 September, 2007  (Company News)
On-line fraud detection service provider seeks to expand its market opportunities with recruitment of new CEO,
FraudSciences has announced that Gadi Maier has been appointed as Chief Executive
Officer and President. Maier is responsible for overseeing all aspects of
the company while ensuring that FraudSciences meets aggressive growth
objectives and secures market share.

"Gadi's vision for FraudSciences will be key to our ability to grow and
expand our presence," said Jeff Brody, of Redpoint Ventures. "Gadi's
extensive leadership and management experience will enable FraudSciences to
increase strategic, customer and technology alliances. His successful
history managing top-tier, high-growth companies will be an invaluable asset
to the company as it continues to deploy and manage world-class fraud
detection services capable of increasing order conversions for more online
merchants."

Before joining FraudSciences, Maier spent a year as a venture partner at
Benchmark Capital and Pinnacle Ventures. Prior to this, Maier served as
co-founder and CEO of Scalent Systems where he successfully introduced the
industry¹s most advanced data centre virtualization software. Maier also
co-founded Currenex, the leading marketplace for large volume foreign
currency transactions relied on by many of the world¹s largest corporations,
which was sold to State Street Bank in 2007.

Before joining Currenex, Maier served as the chairman, CEO and President of
GetThere, the largest provider of on-line travel services for the
Fortune 1000. Maier was responsible for taking the company public and
managing the sale of the company to Sabre Corp. Prior to joining GetThere
Maier held the role as CEO of Memco Software, which was sold to Computer
Associates in 1997. In addition, Maier has held senior executive positions
at Cisco, Oracle and Xidex.

Maier holds an MBA from the University of
California at Berkeley and graduated from UC Berkeley with
a BSc in Natural Resource Economics.
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