June 27, 2011Matthew Olivier
FreeBalance President & CEO joins Advisory Board of leading cybersecurity software company
Ottawa, Canada (June 27, 2011) – FreeBalance, a global Government Resource Planning (GRP) software company, and AuthenWare®, a leading cybersecurity software provider, today announced that FreeBalance President & CEO, Manuel Pietra has joined the AuthenWare Advisory Board. Manuel Pietra is a global executive with more than 25 years of successful information technology management experience from companies in the United States, Canada, Europe, South Africa, and Latin America. Mr. Pietra recently won the 2011 Next Generation Executive of the Year Award sponsored by the Ottawa Centre for Research and Innovation (OCRI).
“We are pleased to have Manuel Pietra join the AuthenWare Advisory Board,” said Tom Helou, President and COO of AuthenWare. “Manuel’s extensive professional experience and public sector domain expertise will be invaluable to support the continued growth of AuthenWare.”
FreeBalance integrates the AuthenWare identity authentication software to provide government customers with a robust security solution that practically eliminates the risk of identity theft when users logon to the web-based FreeBalance Accountability Suite. The integrated FreeBalance AuthenWare solution helps GRP customers prevent identify thefts and web fraud by rendering phishing and key logging attacks useless.
“It is an honour to join the AuthenWare Advisory Board,” said Manuel Pietra, President & CEO at FreeBalance. “AuthenWare technology delivers a seamless layer of strong security to prevent cyber threats and user ID theft. Governments around the world are faced with increasing pressure to protect the integrity and security of public data. Authenware provides an innovative cost-effective solution to this challenge.”
AuthenWare technology offers a radically different approach towards handling security by securing information access through keystroke dynamics and rendering any stolen credentials useless. It accomplishes this through a proprietary protocol that creates and maintains a unique personal security pattern for each user every time that he or she enters data using the keyboard (for example, their user name and password). By doing so, AuthenWare technology delivers the highest levels of security without the need for any additional hardware or to store any personally identifiable information (PII).
FreeBalance software solution are being used by governments in 19 countries, including Antigua & Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide. More than 70,000 users around the world use FreeBalance software to manage a global civil service workforce of 1,500,000.
AuthenWare® Corporation is a leading cybersecurity software innovator focused on fighting identity theft. The Company’s tokenless 2-factor authentication system delivers strong security through a combination of keystroke dynamics, behavioral and environmental characteristics to minimize identity theft, web fraud and other system vulnerabilities. The AuthenWare solution creates a unique personal security pattern that recognizes authorized users while keeping hackers out. AuthenWare is headquartered in Miami, FL, with offices around the world. Tens of millions of people use the company’s products every day in a variety of industries, including financial services, government, healthcare, telecommunications and online retailers. For more information, visitwww.authenware.com.
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit www.freebalance.com.
About Manuel Pietra, FreeBalance President and CEO
Manuel Pietra is a global executive with more than 25 years of successful management experience from companies in the United States, Canada, Europe, South Africa, and Latin America. As President and CEO of FreeBalance, Mr. Pietra leads global growth strategies and customer engagement. Mr. Pietra has transformed FreeBalance into a customer-centric and socially responsible company. Mr. Pietra won the 2011 Next Generation Executive of the Year Award sponsored by the Ottawa Centre for Research and Innovation (OCRI). His leadership and vision also led the company to win the prestigious 2009 Canada Export Achievement Award.
Manuel Pietra has held executive positions on the boards of several international companies and actively participated in the venture capital arena. Mr. Pietra has participated in several successful IPO’s in the USA, Europe and South Africa and presently is a board member for the International Consortium on Government Financial Management (ICGFM).
Mr. Pietra is multilingual and graduated in Business Management from the South African Institute of Management. He often speaks at high profile investment seminars and technology conferences across the world in English, Portuguese, Spanish, and French.
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