Statement by Nick Selby on Bishop Fox / Muddy Waters Report

FOR IMMEDIATE RELEASE:

Statement by Secure Ideas Response Team Director Nick Selby on the Report Issued Today by Security Consultancy Bishop Fox

Media Contact: Ben Singleton

JACKSONVILLE, FL, OCT 24. Today, a technical report was released by the technology consultancy Bishop Fox, that was based on research  conducted by a team of which I was a part.

Bishop Fox has released a statement to the media on the subject. Like Bishop Fox, my involvement in this matter is strictly limited to providing technical verification of security matters relating to the St. Jude Medical lawsuit. Neither I nor the Secure Ideas Response Team, or Secure Ideas, LLC, hold any position with respect to St. Jude Medical, Muddy Waters, MedSec, the outcome of any litigation, or the effect on financial markets.

Any statements made, or actions taken, by MedSec or Muddy Waters outside the matters on which the Bishop Fox Team opined or evaluated are wholly their own and do not necessarily represent my opinions.

I proudly stand by the results of the independent analysis conducted by the Bishop Fox team, and I continue to remain impartially focused on technical understanding of security matters.

On a personal note, I am honored to have been selected by Bishop Fox to participate on this assignment.

Nick Selby
Director
Secure Ideas Response Team
Secure Ideas, LLC