FOR IMMEDIATE RELEASE

Versasec Announces Gemalto Executive Carolina Martinez Joins Team

As Operations Director, She will Manage Fast-Growing Versasec Business in the Americas

Austin, TX, April 24, 2018 -- Versasec, the leader in smart card management systems, today announced it has hired Carolina Martinez as its Director of U.S. Operations. At Versasec, Ms. Martinez will be responsible for one of the business' most important markets and establishing new customer relationships, overseeing customer interactions and ensuring customer satisfaction across the Americas. She is a veteran of Versasec partner Gemalto, where she most recently served as the company's Global Director of Customer Service and Card Management within Gemalto's enterprise and cybersecurity operations.

"Every business, large and small, must protect its data with more than just password logins, and the best means for doing so is with well-managed smart cards and virtual smart cards," Ms. Martinez said. "I've known the Versasec team since long before the company's inception, and I've been impressed with their technology, their growth, the way they tackle the market and their expanding customer base. I am happy to help move this impressive company forward."

Ms. Martinez, who brings to Versasec more than 25 years' experience in working with smart cards, digital security, identity access management tools, team building, customer service, sales and more, will be based in Austin, Texas. At Gemalto USA, she also previously served as director of business planning and customer management Americas, director of business planning and customer service NORAM, and sales planning and analysis director. She also held a variety of sales and operations positions at Gemplus before it became Gemalto USA, including stints in Venezuela, Spain and Mexico.

"Because of her extensive customer-facing work at Gemalto, her keen understanding of customer needs, and an adaptive nature that stems from having lived in several countries, Ms. Martinez brings a unique perspective on working with customers in the digital security space," said Joakim Thorén, Versasec CEO. "Carolina will be able to jump right in and help us continue our mission of expanding the reach of our vSEC:CMS solutions in the Americas. We are delighted she's joined our team."

Ms. Martinez studied industrial engineering at the Universidad Catolica Andres Bello in Caracas, Venezuela. She is fluent in Spanish and English and also speaks conversational French and Portuguese.

About Versasec

Versasec is the leading provider of state-of-the-art highly secure identity and access management solutions. With its flagship product, vSEC:CMS, Versasec eases the deployment of physical and virtual smart cards for enterprises of any size. Versasec's solutions enable its customers to securely authenticate, issue and manage user credentials more cost effectively than other solutions on the market.

Versasec maintains its mission of providing solutions that are affordable and easy to integrate, coupled with first-class support, maintenance, and training. Versasec customers include HSBC, Tieto, Raiffeisenbank, Hornbach, Daimler, Australia's Department of Defence, European Commission, Qualcomm, eBay, Saudi Aramco, IMF, L'Oreal and Cleveland Clinic Abu Dhabi. Versasec has offices in Sweden, Dubai, Singapore, the United States, the United Kingdom, France and Germany.

Versasec's products and services can be purchased and delivered worldwide through an extensive reseller network and via the Versasec web site: https://versasec.com. Follow us on Twitter (@versasec), LinkedIn (@versasec) and Facebook (@versasec).

PR Contacts: For Versasec, Marianne Dempsey, Rainier Communications
Email: versasec@rainierco.com, Phone: +1 (508) 475-0025, ext. 115.

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