SpringBank TechVentures

Shawn Abbott:

Shawn Abbott has been a Principle and Director of SpringBank TechVentures since its inception in 2000. Shawn will focus on deal origination and deal analysis, particularly from a strategic and technology perspective.

As a technologist, entrepreneur, executive, venture capitalist and educator, Shawn Abbott has over twenty years experience in the information technology business.

As President of Rainbow Technologies (NASDAQ: RNBO) commercial operations, he consolidated three divisions, built a management team to return the US$70 million business to profitable growth, and positioned it for a successful sale in 2004 at nearly one-half billion USD.

As corporate Chief Technology Officer, he was responsible for technology strategy and instrumental in the creation and leadership of a new business that quickly grew to US$10 million revenue per quarter.

Prior to joining Rainbow, Shawn established and built the AND group, which pioneered the encryption-based CD-ROM software distribution system used on several million discs. Under his leadership, AND was consistently profitable and grew to twenty staff before sale.

Shawn has served as a board member on half a dozen private and public companies internationally. he is an accomplished public speaker, having presented at more than one hundred conferences on Internet security and business topics, and taught software design courses in several countries.

Shawn is the primary inventor of "USBKeys", holding a key patent in the area. He has written numerous articles and feature pieces for industry publications, and contributed the chapter on hardware cryptography to McGraw Hill's, "ICSA Guide to Cryptography".

Shawn currently chairs the Banff Venture Forum. Shawn holds a B.Sc. in physics from the University of Alberta and has done post graduate study at the University of Calgary, Stanford, and UC Irvine.

When not working, Shawn can usually be found flying a helicopter or playing the piano.

You can reach Shawn by e-mail at ""

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