BeehiveID Hires New VP of Sales

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Social verification company, BeehiveID, appoints Rich Orcutt as VP of Sales

BeehiveID (http://www.beehiveID.com) announces that the former Head of Sales, Strategic Markets for iovation, Richard Orcutt, will now lead their sales team.

BeehiveID, an innovator in social verification, works to identify fraudulent online accounts by investigating behavior patterns created on social networking sites. Using the company's revolutionary Social Authentication Technology™ (SAT) along with proven anti-fraud detection mechanisms, such as IP detection, geo-location, and browser fingerprinting, BeehiveID is able to accurately verify online identities for the online dating, peer-to-peer, and eCommerce industries.

"BeehiveID's innovative new take on social verification technology drew me to the position," said Rich Orcutt. "I look forward to the opportunity to work with a truly cutting edge product founded on DARPA technology that provides such outstanding service in identifying fraudsters."

Mr. Orcutt joins the company with extensive management experience in the software industry. During his time working as the head of strategic markets for iovation, Mr. Orcutt gained valuable experience in fraud detection, identity management, device detection and operations. He has proven his aptitude for building world-class inside sales and field based sales teams by opening a number of successful sales offices across the world.

"We are pleased to have Richard Orcutt join the BeehiveID team to lead the company sales efforts," said Mary Haskett, CEO of BeehiveID. "He brings a wealth of experience in Online Fraud and Personal Identity management and has had an impressive career building excellent sales organizations. We look forward to a successful tenure with BeehiveID, as Rich will be instrumental in helping us attain our sales goals on both a domestic and international level."

Mr. Orcutt holds a Bachelors of Science degree with honors from Northern Illinois University, is a graduate of IBM's President's Institute, and is a certified administrator of the Professional Selling Skills series.

About BeehiveID
BeehiveID (http://www.BeehiveID.com) is a social verification company that enables trust by unmasking identity thieves before they have a chance to commit online fraud. By applying revolutionary Social Authentication Technology™ (SAT) to a user’s social network data, BeehiveID identifies fraudulent accounts before they have a chance to commit fraud. BeehiveID’s non-intrusive approach helps companies in the peer-to-peer markets and online dating markets to increase trust and profitability while lowering friction.

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Mary Haskett
BeehiveID
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