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Winners of European-leg of $500K Global Security Challenge Announced
Artificial "Intuition" Software and Remote Data Security Solution Are Europe's Winners


The Jury selected the two most promising security startups in Europe, who now go on to London to compete in the Grand Final for a chance to win $500,000.
Beyond Encryption from Ireland has built and deployed an enforcement tool for remote information security. It enables an organization to take an offensive approach and pursue any device and its data and put either or both beyond the use of the current user. It is the first precision information protection weapon with pinpoint accuracy for targeting and protecting sensitive information on any device regardless of location. (www.beyondencryption.com)

Intuview from Israel has developed a multi-engine “artificial intuition” software for real-time categorization, summarization and Intel extraction from large batches of documents in Arabic, relating to the domain of Islam and terrorism with the goal of creating a capability to interpret the hermeneutics of radical Islamic and terrorist related texts without the need to have well versed Arabic literate analysts on hand. (www.intuview.com).

Bernhard Semling, Director of Strategy at Smiths Detection and member of the Judging Committee said. 'I applaud all the competitors in the Global Security Challenge 2008 for their creativity in developing their concepts into products, and their business acumen in taking those products to market. The jury selected Beyond Encryption and Intuview to go forward to the international final in London based on their development of innovative technologies with global applications, in both the government and commercial sectors.”

The three other European Semi-Finalists of the Global Security Challenge developed technologies that range from detecting nuclear material in cargo, to saving compromised systems from hackers and an incident assessment intelligence software.

The Challenge included remarks by the Dean of the University of Kent in Brussels, Ambassador John MacGregor and keynote addresses from Sir Mark Allen and Nigel Churton. The judges for the European Semi-Final of the Global Security Challenge were John McKinney from TSWG of the US Department of Defense , Bernhard Semling, Director of Strategy at Smiths Detection and Dr. Richard Leaver, CEO of PegasusBridge Fund Management Limited.

- ends –

Global Security Challenge LLP (GSC) is a central hub for security innovators, startups and investors. We run the leading international business plan competition to find and select the most promising security technology startups in the world. It was established in 2006 by London Business School students to empower entrepreneurs in the homeland security technology space. The founders gained experience in the security technology sector working at IBM and in the White House on the National Security Council. The mission of the GSC is to stimulate technological innovations that make airports, cities and enterprises safer without encroaching on civil liberties. The GSC is supported by Accenture, Booz Allen Hamilton, BAE Systems, ONR Global, PegasusBridge Fund Management, Smiths Detection, TSWG, and the US Department of Homeland Security, amongst others. The partner universities of the GSC are the University of Maryland, National University of Singapore, University of Kent’s Brussels School of International Studies and London Business School. More details are available at www.globalsecuritychallenge.com.


Publisher Contact Information:

Global Security Challenge
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info@globalsecuritychallenge.com

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