Ethoca Names Tom Ridge to its Board of Directors

Ethoca, a leader in collaborative fraud management, today announced the appointment of Tom Ridge, former Secretary of the Department of Homeland Security and former Governor of Pennsylvania, to the company's board of directors.

Tom's stature and reputation in matters of global security are second to none, and we are honored to have him agree to serve as a member of our Board. His leadership of the U.S. Department of Homeland Security and his deep knowledge of global security issues will bring tremendous value to Ethoca, our clients and our partners

Toronto, Canada (PRWEB) March 11, 2008 -- Ethoca, the leader in collaborative fraud management, today announced the appointment of Tom Ridge, former Secretary of the Department of Homeland Security and former Governor of Pennsylvania, to the company's board of directors.

"Tom's stature and reputation in matters of global security are second to none, and we are honored to have him agree to serve as a member of our Board. His leadership of the U.S. Department of Homeland Security and his deep knowledge of global security issues will bring tremendous value to Ethoca, our clients and our partners," said Andre Edelbrock, Ethoca's President and CEO.

Secretary Ridge noted, "I am pleased to be associated with Ethoca and its leadership team. Losses due to online fraud continue to increase at double-digit rates in the U.S. and abroad, and it is critical that businesses unite to fight back. Ethoca's technology and collaborative approach promise to make the internet a safer and more trusted place to conduct business. I look forward to assisting Ethoca in defining and securing the right opportunities for its continued growth."

The Honorable Tom Ridge is the president and CEO of Ridge Global LLC, a strategic and operational consulting firm that advances the security and economic interests of businesses and governments worldwide. Following the tragic events of September 11th, 2001, Tom Ridge became the first Assistant to the President for Homeland Security and, on January 24, 2003, he became the first Secretary of the U.S. Department of Homeland Security.

Before the events of September 11, Mr. Ridge served as Pennsylvania's 43rd governor from 1995 to 2001. In 1982, he became one of the first Vietnam combat veterans elected to the U.S. House of Representatives and was overwhelmingly re-elected by Pennsylvania voters five times.

In addition to his position as chief executive of Ridge Global, Mr. Ridge also serves as chairman of the National Organization on Disability and national co-chairman of the Flight 93 National Memorial.

About Ethoca Limited (www.ethoca.com):
Headquartered in Dublin, Ireland, with offices in Toronto, Canada, Ethoca is the leader in collaborative fraud management. Ethoca enables businesses operating in any customer-not-present environment (i.e., business by internet, phone, fax or mail) to make more informed decisions about their customer transactions by sharing transaction experience data in a way that is secure, automated, effective and ethical. Businesses submit transaction data to Ethoca and can use summary history and analysis based on the collaborative data of Ethoca's clients to gauge the fraud-risk associated with any given transaction.

Ethoca's community includes a number of leading and recognized companies and payment and fraud solution provider partners from around the world.

Ethoca's clients increase profits by finding the optimal balance between allowed transactions and fraud-risk levels, and fraud management costs. Ethoca's use of independent third-party business process and data integrity audits ensures that the privacy and security of data is maintained. For more information about Ethoca visit www.ethoca.com.

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