Recognizing that vendors can serve the needs of online consumers while still responding to the urgent privacy concerns, ControlBox.com LLC is named to a prestigious list of the world's top private technology ventures.
November 29, 2012 (Newswire.com) - ControlBox.com LLC, a provider of privacy solutions for consumers interacting online, has been named a Finalist for Red Herring's Top 100 Global award, a prominent list of the top international private technology ventures.
"This distinction is proof that our company -- and our partners -- are doing the right thing by protecting the privacy of consumers," says Steve McAuley, CEO of ControlBox.com LLC and the creator of Privacy Shield™, a tool offered by AutoTrader.com.
In February 2012, AutoTrader.com announced that it had taken an equity stake in Privacy Shield™ and followed up with a Q2 announcement that the company was making Privacy Shield™ available nation-wide. Leveraging the power and capacity of technology to automatically protect personal contact information while rebuffing telemarketers and online scammers has paid immediate privacy dividends for McAuley and his team.
"In Q3, Privacy Shield™ blocked more than 300,000 telemarketer calls to Autotrader.com private sellers, allowing buyers and sellers to confidently, securely and efficiently interact online."
From a worldwide pool of more than 900 companies Red Herring's experts have conducted an extensive assessment of every submission. The judges have scrutinized each product and business model and evaluated the potential of each product. Earlier this year, ControlBox.com LLC was a finalist for Red Herring's Top 100 Americas award. McAuley interprets this achievement as part of a growing recognition of vendors that are able to serve the needs of consumers while responding to the urgent privacy concerns of regulators and security advocates.
For security experts like Grant Peterson, a former Chief Compliance Officer, there is a dire need to educate consumers on privacy issues and provide adequate online protection.
"Unlike any other period of time, consumers now have multiple ways to connect to online services, including laptops, smartphones, and tablets," says Peterson, a veteran consultant on HIPAA privacy and security issues based in the Greater Minneapolis-St. Paul Area.
"The ability to share confidential information with vendors from so many points of contact has prompted privacy and security advocates and regulators to call for industry solutions offering individuals more control over their Internet privacy," adds Peterson.
The Red Herring Top 100 Global forum and award ceremony will be held in Los Angeles on November 27-29.
About Red Herring
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
ControlBox.com LLC provides telephone and email communication privacy products with extra layers of security as well as powerful conversation management tools that allow consumers to take control of their interactions, whether looking to buy, sell or connect on the Internet. ControlBox.com LLC was started in 2010 by founder and CEO Steven J. McAuley, a veteran auto industry executive who together with a team of technologists built proprietary Secure Messaging™ products to keep the personal contact information of Sellers and Buyers private yet still allow them to connect confidently.
For more information, please visit www.controlbox.com
For further information: Kerry Mortimer, +1-613-884-1335 (m), firstname.lastname@example.org.