Leading Data Protection and Privacy Expert, Professor Douwe Korff, joins ValidSoft as Data Protection Officer

ValidSoft is delighted to announce that Prof. Douwe Korff has joined ValidSoft as Data Protection Officer (DPO), effective immediately. ValidSoft has established this key in-house role by way of its commitment to the European General Data Protection Regulation (GDPR) which came into effect on 25th May 2018, and more widely, to ensure that its solutions continue to meet the highest standards of data protection and privacy-protection worldwide. This philosophical and practical commitment to privacy is embedded in everything that ValidSoft does, as evidenced by its four European Privacy Seals, awarded by certification body EuroPriSe™ in respect of each of its solutions, including its voice-biometric platform and engine. ValidSoft is the only security company in the world with four EuroPriSe™ privacy seals.

Prof. Korff is a world leader in data protection and privacy law and policy, and frequently advises regulators and data protection authorities in the EU and elsewhere on implementing data protection and privacy systems. Commenting on his appointment as DPO, Prof. Korff stated: “I am joining ValidSoft as DPO at a uniquely exciting and challenging time. The GDPR is a hugely important framework for privacy protection that will have massive implications for businesses in the EU and further afield. I am genuinely impressed with ValidSoft’s approach to privacy-by-design; the company really views privacy protection as a competitive-advantage and trust-building feature of its solutions, not an obstacle, and I look forward to working with Pat and the team on ensuring that ValidSoft remains the market leader, not only in strong authentication solutions, but privacy enhancing technologies.”

Patrick Carroll, Executive Chairman of the Board, commented: “I have known Douwe for several years, and he has worked closely with our engineering and solution architect teams to help design and build our solutions, from the ground up, with privacy at their core. We’re thrilled that Douwe is joining us as Data Protection Officer, and we look forward to the benefit of his expertise and experience in ensuring that our customers are able to rely on our world-class authentication and security solutions, which not only protect but enhance consumer privacy”.

About ValidSoft:

ValidSoft secures transactions using personal authentication and device assurance. ValidSoft enables its customers to enhance their security while improving their user experience, utilizing our multi-factor authentication platform, Voice Biometric engine and Device Trust technology, all of which may be used as 'stand-alone' or integrated into multi-vendor solutions. ValidSoft serves multiple clients across the financial services, government and enterprise sectors and is the only company to have been granted four European Privacy Seals, reflecting its commitment to strong data privacy.

For more information please visit: www.validsoft.com @ValidSoft

Forward-Looking Statements:

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to ValidSoft’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about ValidSoft’s industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of ValidSoft may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, ValidSoft also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward looking statements made here.

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