We in the South Sound almost got to hear from Rod Nicholls, President, Chief Financial Officer and Director of Vadium Technology on an afternoon panel at this years South Sound Technology Conference (SST2010). Unfortunately a company wide issue (mysterious, yes) made his participation impossible. I thought it was a shame not only because I like these guys, but because many of you may have never heard of them.
They provide next generation digital security and privacy solutions utilizing their technology called, AlphaCipher, which is a Digital One-Time Pad (D-OTP) that enables, "secure, dynamic, multi-point communication structures by integrating unbreakable encryption, strong identification and authorization with multi-factor authentication into one easy to use, robust solution". AlphaCipher is part of an application development solution which protects against network and cyber attacks.
Given the stories we hear on an ongoing basis regarding digital based attacks whether on financial institutions, governments or Google, you can easily imagine the value here.
They are a privately held company and are headquartered in Tacoma, Washington, where they were founded in 2001.
The founder and Chairman of the company Wolfgang S. Hammersmith invented the AlphaCipher Encryption System, and developed the current product and associated Key Generation Systems over eighteen years prior to founding the Company itself. His bio includes an amazing array of interests outside his expertise in security including including being a licensed Ship's Master, a licensed Armed Private Investigator and Agency Principal in Washington State, and a helicopter pilot.
Their CEO is José Antonio Ríos who has more than 30 years of international experience and worked in senior executive capacities at multi-national corporations such as Global Crossings, Telefonica, S.A., Hughes Electronics and the Cisneros Group.
Their product suite revolves around their encryption solution, Vadium’s AlphaCipher which they provide an SDK (software development kit)for so that security solutions on networks, PCs, laptops, removable media, wireless and handheld devices can be created.
Specifically they provide:
* File and Folder Encryption with Authentication
* Key Creation and Management
* Custom Applications
I had not heard from them for awhile after the conference and just as I had decided to create a profile on them, a press release came out from the company announcing a sales agent and reseller agreement with Grupo Colvista, the largest government systems integrator in Colombia. This makes sense as a lot of their customers are international.
Internet traffic and e-commerce are growing rapidly across Colombia's highly developed broadband infrastructure. As increasing amounts of sensitive information are digitized by Colombian enterprises and government agencies, there is a rapidly growing need to secure sensitive digital data and communications.
Because of the sensitive work they do, they are keenly aware of international ethics and compliance issues that their company and its employees face, even devoting a section of their website to the issue.
In terms of employment, they have several job openings listed including in sales and software development but the majority were posted a while back. However, the company says it is always interested in "visionary, skilled and enthusiastic team oriented professionals".
No sign of a Twitter account but when I searched for Vadium it produced many tweets in regards to their recent reseller agreement, in several different languages.