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Bruce Welch is the founder of BioCyph Inc.  He has worked within the Smart Card and Security products industry for the past decade developing and marketing devices for the Financial, Consumer Electronics and Communications industry and has over twenty years of experience in Executive and Management positions within the technology industry. Prior to founding BioCyph he traveled internationally for a large manufacturer within the financial payments industry as the security spokesperson giving presentations on electronic payment fraud and encryption concepts. He sat on the Smart Card Alliance and ANSI Encryption Standards committees.

Bruce’s understanding of business alliances, strategic acquisitions, government contracting, and new product development (vectored towards a specific market), enhances his qualifications to head a high-tech company. Previously, Bruce led technology development, managed programs, and directed operations at Carleton Technologies (“Carleton”), an aerospace manufacturer. Specifically he directed the design, development, and testing of closed circuit re-breathers, military and space life support systems, pneumatic and infrared sensors for diving applications.

Upon leaving Carleton Technologies Inc. Bruce founded Grace Associates Inc., a company focused on the design and repair of custom electronic products for the US Navy EOD and Special Operations community. Programs directed by Bruce from inception through implementation included solid-state gas sensor in conjunction with SRI and a passive desalinization system and the non-magnetic, acoustically quiet valve for the US-Navy.

Bruce branched off from Carleton to join or consult with start-up companies requiring vision and direction. Some of the most notable of these technology companies included Infineer, Leap Frog, and VeriFone. VeriFone, an electronics payment corporation, was involved in the Smart Card and Payments industry. Bruce’s expertise enabled him to serve as a product manager for the development and deployment of Smart Card hardware and software products. He participated in engagements for these companies as a technical consultant, providing solutions for problems related to information security, identity theft, and computer/internet fraud.

Bruce has led Design Teams engaged in software/hardware and mechanical development. As a Global Product Line Manager for security hardware and software, he successfully launched a high security PIN entry device, managed $40+ million POS product line, and developed contactless payment & EMV-Smart card strategies. Demonstrating the respect for his expertise in the information security world, he has been asked to serve as a member of the ANSI X9-F6 Electronic Payment Encryption Committee.

During his work with companies involved with security software-hardware integration, Bruce developed an Access Control-Biometric-Smart Card Solution for airports and smart card software for the transportation-security industry. Specifically in the smart card area, he has been responsible as a Product Manager for building smart card IC’s & readers, and developing applicable software. He has managed the ASIC Design and EMV Certification process at technical and Administrative levels. He has served as a member of the Smart Card Alliances’ Digital Security Initiative Committee.


As a defense contractor, Bruce established a specialty design and manufacturing business, which produced a variety of complex equipment, primarily for the U.S. Navy. Bruce is trained as an industrial engineer (BS from University of South Florida)and understands what it takes to run a large manufacturing operation. For many years, he managed a $10 million facility with over 100 employees.
 
 
 
 
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