iovation Expands Executive Team; Appoints Scott Olson Vice

iovation Expands Executive Team; Appoints Scott Olson Vice President
of Product 
Marketing and Product Strategy Executive Rejoins Device Reputation
PORTLAND, OR -- (Marketwire) -- 11/06/12 --  iovation, the Device
Reputation Authority(TM) protecting online businesses from fraud and
abuse, today announced the expansion of its executive team with the
appointment of Scott Olson as its Vice President of Product. Olson
served as iovation's Vice President of Marketing from 2007 to 2009. 
"With iovation seeing its best bookings year ever and increasing
momentum with the world's top financial organizations, it's an
exciting time of expansion to rejoin the company," said Olson.
"iovation's device reputation platform has grown to a point where we
can offer uniquely differentiated service offerings that fight fraud,
protect the evolving mobile landscape and streamline business'
interactions with their good customers. I'm thrilled to be able to
lead efforts to expand the value iovation delivers through its
Scott Olson has more than twenty years leading marketing and product
strategy at technology organizations, concentrating on Internet
security. He has founded three companies and served as Vice President
of Marketing at three others. These companies have been successfully
acquired by the likes of Cisco Systems, Inc., Symantec Corp. and
Trustwave. One of the businesses Olson co-founded, WheelGroup
Corporation, produced the first commercially viable Intrusion
Detection System (IDS) and was subsequently acquired by Cisco. 
"Scott has a proven track record of not only developing pioneering
products but also identifying and nurturing the marketplace for that
technology," said Greg Pierson, iovation's CEO and co-founder. "Scott
did an amazing job in iovation's early days. We are looking forward
to having him lead our product strategy efforts to fully capitalize
on our expanding market opportunity, and in helping us make the
Internet a safer place to interact and conduct business." 
About iovation
 iovation protects online businesses and their end
users against fraud and abuse through an industry-leading combination
of advanced device identification, shared device reputation and
real-time risk evaluation. More than 2,000 fraud managers around the 
globe leverage iovation's database of Internet devices and
relationships between them to determine the level of risk associated
with any type of online transaction. Retail, financial services,
social network, gaming and other companies make real-time queries to
iovation's knowledge base of more than one billion devices from every
country in the world. Clients also leverage iovation's Fraud Force
Community, an exclusive virtual crime-fighting network of the world's
foremost security experts sharing intelligence about cybercrime
prevention, device identification and more. Every day, iovation stops
over 150,000 fraud attempts. For more information, visit 
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iovation Inc. 
Connie Gougler 
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