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OpSec Security Group plc Appoints Richard S. Cremona as CEO

Companies mentioned in this article: OpSec Security Group plc

DENVER -- (BUSINESS WIRE) -- OpSec Security Group plc, a leading supplier of anti-counterfeiting technologies and services, today announced that Richard S. Cremona has been appointed as Chief Executive Officer of the Company. Subject to the satisfactory completion of the necessary regulatory requirements, the Company intends to appoint Mr. Cremona to the Board of Directors in due course.

Mr. Cremona has held a wide variety of executive management positions with AT&T, Lucent Technologies, Sprint and Openwave Systems. From 2008 to 2013, he was Chief Executive Officer of Kentrox Inc. In 2013, Kentrox was acquired by Westell Technologies (NASDAQ: WSTL), at which time he joined Westell Technologies as its Chief Operating Officer.

Mark Turnage, the former Chief Executive Officer, will continue to serve on the Board in his new role as Vice Chairman.

“Rich brings to OpSec a wealth of executive and technology expertise which will, we believe, be of major assistance in helping the Company realize its growth potential,” said Mark Turnage, Vice Chairman of the company’s board.

“I am very excited to join the OpSec team,” said Rich Cremona, “The Company is very well positioned to continue to be a market leader throughout the anti-counterfeiting industry.”

About OpSec Security

OpSec Security is the market leader in fighting counterfeits for brands, transaction cards and government documents and currency. OpSec delivers a comprehensive suite of end-to-end solutions, including advanced physical security technologies, supply chain track and trace services, and online and e-commerce monitoring and analysis for more than 300 companies across industry sectors and 50 governments worldwide. OpSec is a wholly-owned division of OpSec Security Group plc (London AIM: OSG) and operates manufacturing and software development facilities and laboratories in the USA and the UK, and Germany and has sales operations in the Americas, Europe, and Asia. For more information, please visit www.opsecsecurity.com. Follow OpSec on Twitter @BrandSecure and LinkedIn.


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Contact:

OpSec Security Group plc
Mike Angus, +1 303 534 4500