Investments

NameProtect partners with Oregon firm to boost fraud detection

Bank Of America Investment By WTN News • 07/27/05 Madison, Wis. - NameProtect, a Madison-based supplier of online security and brand protection solutions, announced on Wednesday it has entered a partnership with Corillian Corp., an online banking security headquartered in the state of Oregon.

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Investment Opportunity The companies will jointly market the Corillian Fraud Detection System with NameProtection, streamlining and improving both companies' anti-fraud solutions. The pairing will team Fraud Detection System's techniques for spotting "phishing" scams in advance with NameProtection's daily alerts on site status.

"Over the past 3 years, our partners have raised over $120M for numerous emerging technology firms plus managed investor funds through our group of specialized investment entities. We think that Biomarker represents the type of breakthrough firm that will be very attractive to both qualified individual investors and institutions, " said Paul Getty, Managing Member of SVC Partners.

Banc Of America Investment The joint solution, currently used by more than 30 financial institutions worldwide, offers advance detection and response to phishing scams against the bank network and scans the organization Web sites to prevent hijacking of domain names. Users also have access to the NameProtection Web portal, where they can view identity theft bulletins and trends to prepare for future violations.

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Banking Investment "With the end-to-end solution we have created through this partnership, all institutions can easily integrate a highly secure, enterprise-level phishing and fraud protection solution to protect themselves and their customers from online fraud," said Kevin Omiliak, vice president of sales and marketing for NameProtect, in a statement.

By Les Chappell • 04 Conjugons offices are located in the MG&E Innovation Center at University Research Park.Madison, Wis. Medical research group ConjuGon announced on Tuesday that they have successfully secured an investment of $1.1 million dollars from angel investors, including the firm Wisconsin Investment Partners. The new funds will be directed to the firms operating costs, as well as financing animal testing of biotheraputic treatments.

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