Barclay Technologies Holding AG
Barclay Technologies Holding AG: New Distribution Partner for Africa
Barclay Technologies Holding AG / Key word(s): Miscellaneous/Miscellaneous Press release New Distribution Partner for Africa Zug, 4th March 2011 To cover most of the African continent Barclay Technologies decided to break into the African Market by signing an Agreement with AdvanceNet (Pty) Ltd in Sandton, South Africa as the distribution partner for the African countries, territories and parts of the Indian Ocean islands. AdvanceNet has been implementing customer centric solutions in Africa since 1997 and developed software solutions in over 30 African countries with clientele in industries as diverse as mining, financial services, telecommunications, logistics and government. Phil Hemsley, Managing Director of AdvanceNet, said, ‘The combination of ease of implementation and marginal administration effort without noticeable performance loss make this unique Swiss made security software the ideal product for African companies looking for an affordable but highly secure solution for data loss prevention.’ The African market promises an out-performing up-growth for the coming years. For the software sector a yearly average growth rate in the double-digit area is forecast. By establishing an important pillar in this emerging market a further milestone has been reached for the success story of Barclay Technologies. ‘The African market is extremely challenging and we at Barclay Technologies are pleased having such an experienced distribution partner for this emerging market’ comments Rainer M. Richter, CEO of Barclay Technologies Holding AG, the new partnership with AdvanceNet. The agreement covers most of the countries in Central Africa, all countries south of the equator and all islands in the south east. About AdvanceNet (Pty) Ltd In business for over 20 years, AdvanceNet has developed into a mature, multi-faceted company offering sophisticated business solutions throughout Africa. About Barclay Technologies Holding AG Barclay Technologies Holding AG which is publicly traded on the Frankfurt Open Market (BT9) owns 100% of Barclay Technologies (Schweiz) AG in Urdorf, a strong performing and well established specialist for high-end encryption technology. The company has a solid 15 year track record in software development. With the product Certus LateoTM a completely new safety standard of real-time data encryption and secure network communication has been created without affecting the network performance. Designed with a focus on easy implementation and administration, Certus LateoTM provides added value, wherever data must be protected – regardless the size of a company or industry sector. The products of Barclay Technologies are sold exclusively through certified distributors and resellers. Contact Barclay Technologies Holding AG Phone: +41 41 712 01 46 End of Corporate News 04.03.2011 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1’300 listed companies. The Swiss news archive can be found at http://www.equitystory.ch/nachrichten |
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