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Tag: Telos Corp.

Telos Corp. acquires Alabama biometric software company

Ashburn-based cybersecurity firm Telos Corp. has acquired Alabama-based biometric software company Diamond Fortress Technologies Inc., Telos announced Monday.

Financial terms of the transaction were not disclosed.

The acquisition adds patents to Telos’ biometric and digital identity intellectual property. Telos will integrate DFT’s ONYX software into its platform. ONYX is a touchless fingerprinting software that uses a device’s camera to capture the user’s fingerprint.

Telos CEO and Chairman John Wood said in a statement, “We believe the acquisition of this patented touchless fingerprinting technology will allow us to eliminate much of the friction involved in biometrics data gathering for identity and access management and to better serve our growing customer base at both the enterprise and consumer levels.”

Telos has hired seven current DFT employees.

Telos reported $179.9 million in 2020 revenue, up from $159.2 million in 2019.

Ashburn-based Telos Corp. names new CFO

Ashburn-based cybersecurity firm Telos Corp. has appointed Mark Bendza as executive vice president and chief financial officer, the company announced Monday.

Bendza was previously the vice president of investor relations at software industrial company Honeywell International Inc.

He holds a bachelor’s degree from Wesleyan University and an MBA from Columbia Business School.

Telos went public with a $254 million IPO in November.

“Mark brings a broad range of skills that will be important to us as a public company,” Telos CEO and chairman John B. Wood said in a statement. “I know his dedication to shareholders, customers and internal stakeholders, as well as to achieving our growth objectives, will be critical to our future success.”

Bendza succeeds Michele Nakazawa, who served as Telos CFO for more than 17 years. Nakazawa, who will be preparing to retire, will stay on with the company on the senior executive team reporting to the CEO to help with the transition and will work on special projects.

“I have great respect for my predecessor, the entire executive team at Telos and their achievements, including the execution of the recent successful IPO,” Bendza said. “I am excited to build upon their successes and to focus on delivering the growth and financial performance that will generate shareholder returns for years to come.”

Ashburn-based Telos Corp. names new vice president

Ashburn-based cybersecurity firm Telos Corp. has hired Troy M. Bertram as vice president to lead its global enterprise sales teams across state and local governments, education, regulated industries and commercial business verticals, it recently announced.

The company cited Bertram’s more than 25 years of experience in government and transformative technology companies. He’s a graduate of the University of Minnesota and earned his MBA from St. Edward’s University.

Bertram, a U.S. Army veteran, comes to Telos after serving as chief revenue officer of Saildrone Inc. He previously held management roles at Amazon Web Services and Dell Technologies.

“He will be instrumental in further developing our global business and channel strategy,” Telos Chairman and CEO John B. Wood said in a statement.

Telos went public with a $254 million IPO in November.

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