Pointsec announces entry into India
Mumbai, India – June 8, 2005
Pointsec, a subsidiary of the publicly traded Protect Data AB and the global leader and provider of the de facto standard for enterprise security software for laptop and desktop PCs, PDAs and smartphones, today announced its entry into India. As a first step, Pointsec has appointed Trident Infotech Services as its Premium Distribution and Service Support Partner in India. Pointsec plans to set up its India office in Mumbai by September 2005.
The company has launched its globally successful range of mobile device security products in India. In the first year, it would primarily focus on the enterprise segment, particular highly security sensitive verticals such as IT services, BPO, Banking, Financial Services, Insurance and Telecom.
Wipro Technologies, Syntel and ITC Infotech have already signed up with Pointsec for enterprise wide application of Pointsec products to secure data on mobile devices.
Commenting on the India operations, Mr. Thomas Bill, CEO, Protect Data AB said, "I am confident that our first mover position in India will help us capture a significant portion of the market. Our Indian operations will be a launchpad for further expansion in the APAC region."
Mr. Sascha Beyer, Managing Director, Middle East and India said, "Securing data is a critical business concern in India as elsewhere. This is especially the case given increasing requirements for enterprises to comply with security regulations such as the India Information Technology Act here and elsewhere globally the Sarbanes-Oxley Act, the Gramm-Leach-Bliley Act and the EU Data Protection Directive. At Pointsec, we believe that our world-class solutions combined with our expertise in the mobile device security market will help us achieve success in India."
Pointsec is the world leader in comprehensive access control and encryption solutions for laptops, desktops, PDAs and smartphones and works on all common operating systems. Pointsec's solution provides protection for all stored data, automatically and transparently to the user. It is centrally managed, so that security policy changes can be effected without user intervention.
About Protect Data
Protect Data, through its wholly owned Pointsec subsidiary, is a global leader and the provider of the de facto standard for enterprise security software for mobile users. The company is also a leader in the Nordic Digital Identity market, based on products for securing business transactions on the Internet. Protect Data AB was founded in 1988 and is listed on the Stockholm Stock Exchange (PROT) since 1997. The company is headquartered in Stockholm, Sweden, with offices in Europe, Australia, the Middle East, Asia, and the United States. For further company information, please visit www.protectdata.com.
About Pointsec
Founded in 1988, Pointsec is the worldwide de facto standard for mobile device security - with the most customer installations, the highest possible certifications and the broadest product range. It offers security solutions for mobile devices including laptops, PDAs, smartphones, and removable media. Pointsec's solution provides protection for all stored data, automatically and transparent to the user. It is centrally managed, so that security policy changes can be effected without user intervention. Pointsec's solutions also facilitate compliance with security regulations, including the Sarbanes-Oxley Act, the Gramm-Leach-Bliley Act, the EU Data Protection Directive, and the India Information Technology Act.
Pointsec is the world's first provider of a full hard disk encryption solution to be certified under Evaluation Assurance Level 4 (EAL4) of the Common Criteria, an international IT security standard mutually recognized by many of the world's leading industrialized nations. For three years running, Pointsec has been ranked in the "Leader" position in Gartner Group's Magic Quadrant for mobile data protection.
Pointsec customers across the globe include the U.S. IRS (Internal Revenue Service), Capgemini, the U.S. Drug Enforcement Agency, Electrolux, Ericsson and TeliaSonera.
Pointsec Mobile Technologies AB is a wholly owned subsidiary of Protect Data AB, publicly traded (PROT) on the Stockholm stock exchange. The company has two U.S. offices, nine EMEA offices, two APAC offices and one branch office in Dubai, Middle East. Pointsec can be found on the web at: www.pointsec.com.