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ActivCard appoints Richard Kashnow chairman of board

20 July 2005  |  1539 views  |  0 Source: ActivCard

ActivCard Corp. (Nasdaq: ACTI), a global provider of identity assurance solutions for enterprises, governments and financial services, today announced that it has appointed Richard Kashnow as chairman of the board.

Mr. Kashnow replaces William Crowell, who resigned to pursue other interests as of July 13, 2005.

"I would like to thank Mr. Crowell for his years of service and wish him well in his future endeavors," said Ben Barnes, chief executive officer of ActivCard. "I look forward to continuing to work with Mr. Kashnow as he steps into his new role as Chairman of the Board."

Mr. Kashnow has been a director of the Company since August 2004. Mr. Kashnow is the retired chairman, chief executive officer, and president of Raychem Corporation, an electronic components and materials company. Mr. Kashnow began his business career at General Electric Company where he held technical and general management positions. Mr. Kashnow holds a PhD in Physics from Tufts University and a bachelor of science in Physics from Worcester Polytechnic Institute and served as an officer in the US Army from 1968 - 1970.

In addition to ActivCard, Mr. Kashnow serves as chairman of the board of Komag, Inc., a leading independent supplier of thin-film media for disk drives. Mr. Kashnow is also on the Board of Ariba, Inc., the leading spend management solutions provider, and ParkerVision, Inc., a developer and marketer of semiconductor technology solutions for wireless applications.

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