Cryptzone AB
Cryptzone’s new acquisition AppGate on Gartner® list
Cryptzone AB / 18.12.2009 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Cryptzone's new acquisition AppGate on Gartner(R) list Gothenburg, December 18, 2009 - Cryptzone's newly acquired subsidiary AppGate Network Security, has in a press release yesterday, announced that Gartner has, as the only new company, included AppGate in its 'Magic Quadrant for SSL VPNs 2009'. 'AppGate's security solution has been included in Gartner's 'Magic Quadrant' for SSL VPNs 2009 which shows the quality of the product and what our customers think about us. It's very positive to be able to demonstrate the competence and quality of our new company. This obviously affects Cryptzone as a company as well, since we now have recognition of our enhanced product offering and it is strengthening the possibility of increasing our market share next year', says Peter Davin, CEO Cryptzone. In the way AppGate use VPN differs from traditional VPN, as they use modern SSH (Secure Shell) within their solutions. The company delivers a complete business solution that goes beyond the original boundaries for SSH, which leads to more secure access to applications and business-critical information. More on AppGate's recognition by Gartner can be viewed at: www.appgate.se/index/newsitem_0111_html. For more information: Peter Davin, VD Email: peter.davin@cryptzone.com Tel: +46 701 - 839 199 Nikolas Georgii, Marketing Director AppGate Network Security AB Tel: +46 (0)730 66 77 29 Email: nikolas.georgii@appgate.com About Cryptzone: Cryptzone is a recognized leader in data leak prevention solutions that secure data at rest and in transit by applying the industry strength Simple Encryption Platform (SEP). Cryptzone provides security solutions that people and companies actually can and will use, thereby increasing the overall data protection and minimizing data leaks. Cryptzone secures email, files, folders, disks, USB sticks and mobile terminals without forcing users to change the way they work, while giving IT departments' central control of user rights. The company has offices in Sweden, USA and Germany. For more information about Cryptzone and the company's portfolio of data leak prevention and encryption solutions, please visit www.cryptzone.com. Cryptzone is listed and trading on First North. First North is an alternative market, operated by the different exchanges within NASDAQ OMX. Certified Adviser on First North: Thenberg & Kinde Fondkommission AB, Phone: +46 (0) 31-745 50 00. About AppGate Network Security AppGate supplies systems for secure access to computer based information and is a world leader in security solutions for role based access control. AppGate is a Swedish company with its roots in the defense industry. Products were developed in the late 1990s and AppGate Network Security AB was founded in 2002. The company has customers in over 20 countries, and among these may include some of the world's largest companies, institutions and public authorities. The main products include: AppGate Security Server, AppGate Free Edition, Secure Mobile Office and Mind Term. Sales are conducted mostly through resellers and Cooperating Partners. Business is conducted in Gothenburg, Stockholm, England and the United States through the wholly owned subsidiaries AppGate Network Security Ltd. in England and AppGate Network Security Inc. in the United States. AppGate has the past three years grown from a net turnover of more than 13 million SEK in 2006 to an expected turnover of around 22 million SEK in 2009, representing an average turnover increase of around 19% per year. News Source: NASDAQ OMX 18.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Cryptzone AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0002301911 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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