GeoTrust Hires Seasoned Veterans to Lead Financial Operations and Worldwide Marketing

GeoTrust Hires Seasoned Veterans to Lead Financial Operations and Worldwide Marketing

Business/Technology Editors

WELLESLEY, Mass.–(BUSINESS WIRE)–March 20, 2002

Timothy M. Adams Joins as Chief Financial Officer and Kae P.

Kronthaler-Williams Joins as Vice President of Marketing

GeoTrust, Inc. (www.geotrust.com), a leader in identity and security solutions for e-business, today announced that Timothy M. Adams, former Chief Financial Officer at Digex, Inc. and Kae P. Kronthaler-Williams, former Vice President of Marketing at Corporate Software have joined the company. Both Tim and Kae bring extensive expertise to GeoTrust’s executive team.

“With an experienced team on board, funding in place, and several key partnerships, GeoTrust is well positioned to capture 30% of the online transaction security market this year,” said Neal Creighton, CEO and President at GeoTrust. “Both Tim and Kae bring the experience and talent from established organizations that will play an important role as GeoTrust continues to carve out a leadership position.”

Tim brings 20 years of financial, operations, and strategic experience in the high technology and communications sectors. Prior to GeoTrust, Tim was Chief Financial Officer at Digex, a market leader in managed web hosting services, where he led a successful $1 billion follow-on equity offering as well as spearheading the sale of Digex to WorldComm. Before Digex, Tim was Vice President of Business Operations at GTE Internetworking where he developed an executive management system to oversee the operating results of seven business units and was instrumental in completing the acquisition of Genuity.

“GeoTrust is well positioned against an excellent market opportunity,” said Tim Adams, CFO at GeoTrust. “We have a talented team of employees, a great set of security offerings that add value to our customers, and we are poised to take this company to the next level.”

Kae brings over 15 years experience in software applications and service marketing. As Vice President of Marketing for Corporate Software, Kae repositioned the company from a software reseller to a software asset management company, created their global e-business strategy, and built a marketing team to support a $1 billion revenue goal. Prior to Corporate Software, Kae held various marketing positions at Lotus Development and NYNEX.

“GeoTrust had a number of elements that I was looking for. They had products with distinct competitive advantages, innovative technology, an established channel, and more than 25,000 customers in over 80 countries,” said Kae Kronthaler-Williams. “This was accomplished without a focused marketing program. GeoTrust is well positioned to become a market leader.”

Both Tim and Kae join GeoTrust’s executive team that include:

— Neal Creighton, CEO and President

— Jonathan “Jothy” Rosenberg Ph.D., CTO and co-founder

— J.T. Hardy, Executive Vice President of Sales and co-founder

— Chris Bailey, Vice President of Product Management

— Dave Remy, Chief Architect, VP of Engineering, and co-founder

GeoTrust has emerged as the leading innovator in the 3As – authentication, authorization and administration – sector of the Security Market, which IDC projects to grow to $9.5-billion by 2005. According to SecuritySpace.com (www.securityspace.com), GeoTrust garnered 9.31% market share in the digital certificate market in February 2002 seizing share from existing industry leaders.

About GeoTrust, Inc.

GeoTrust, Inc., an emerging leader in Identity and Trust Services, helps organizations of all sizes secure e-commerce transactions, trusted identities, and fully managed trusted environments for conducting e-business. GeoTrust’s Enterprise Trust Services is the first fully managed PKI-based security service to safely deploy Internet applications for the next generation of business. GeoTrust’s Web Trust Services offer hosting providers and businesses with world-class digital certificates for fast transaction security and patent-pending smart-seals to ensure a trusted identity on the web. With more than 25,000 companies in over 80 countries using its technology for transaction security, GeoTrust is the second largest digital certificate provider in the world. GeoTrust can be reached at www.geotrust.com or 800-944-0492.

QuickSSL, eBusinessID, and TrueSite are a trademark of GeoTrust, Inc.

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