Password Safe was created in the late 90s based on a specific need. At that time, there was still no software dedicated to professional password management. Thomas Malchar, Managing Director of MATESO GmbH, developed a pragmatically structured application, which was initially used only within one corporate environment. It could not be foreseen at that time that the product would become a market leader in the German speaking countries.
Due to steady increase in demand, Thomas Malchar realized quite quickly the limitless potential of Password Safe, and started marketing it in 2001. In 2006, Christian Strobel joined the team of security experts. He is currently a COO and a member of the general management.