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News

Non-exec Director appointed at BeCrypt

BeCrypt : 26 February, 2009  (Company News)
Data protection software supplier concludes its managerial line up for driving through growth period with the recruitment of non-executive Director
BeCrypt 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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