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Cryptzone Group joins forces with Distributor Altimate to complete UK Strategy


August 12, 2011 - London

Gothenburg, 2011 August 12
A deal has been signed with Altimate UK for the distribution of Cryptzone software. The deal sees 6 years of planning to tackle the UK market come to fruition for the Swedish company, who see this new relationship as a next step of new growth for the company. "We know that this partnership will see an unprecedented period of growth for the company, and we are excited to get things started," says Peter Davin, CEO Cryptzone.

Between 2005 and 2009, Cryptzone had been selling into the UK with only moderate success via its Swedish headquarters. However, since then Cryptzone has stepped up its efforts with the introduction of a strategic approach to the UK and the acquisition of several companies. In 2010, Cryptzone purchased AppGate Network Security, a company with its own dedicated sales team in the UK. Integrating the Cryptzone products into the sales team, the company started to gain traction in the UK marketplace.

Late in 2010 with another purchase, this time NETconsent - a policy management company, saw the introduction of a UK headquarters and a much greater potential for UK Growth.

At the start of 2011, Grant Taylor was appointed VP of Sales for UK and Ireland with the objective of making headway into the British market. The final vision has finally been achieved with the signing of a deal with Altimate.

"In my experience, placing faith in the Channel is the best route to market," says Grant Taylor. "Key reasons for appointing Altimate UK as Cryptzone's distributor are its proven track record in market creation and outstanding partner development capabilities. Over the last year Cryptzone has brought together a number of leading brands which we must now consolidate under the Cryptzone brand."

"We are delighted to have been selected as Cryptzone's Distributor for the UK. The product set will fit perfectly into both our existing portfolio and that of our partners. With our existing security expertise and strong channel community, we anticipate great success from our new partnership with Cryptzone," added Troy Theobald, Group Security Business Development Manager for Altimate.

Peter Davin CEO of the Cryptzone Group continued:
"I am confident that this is the start of a strategic relationship with Altimate. This is the completion of a UK strategy that we have been implementing since 2009. As Altimate is a Pan European distributor, this opens up almost limitless possibilities for our partnership".

For more information:
Peter Davin, CEO Cryptzone Group
Email: peter.davin@cryptzone.com
Tel: +46 701 - 839 199

Grant Taylor, VP of Sales for UK & Ireland, Cryptzone Group
Email: grant.taylor@cryptzone.com
Tel: +44 755 712 04 25

About the Cryptzone Group:
The Cryptzone Group is a technology innovator of proactive controls to mitigate IT security risk. We bring together the people, processes and technology to mitigate information security risks identified in the four key areas of Policy Compliance, Content Security, Secure Access and Endpoint Security. Headquartered in Sweden, the company has offices in the UK, USA and Poland, as well as an extensive partner network with more than 150 global partners. For more information about the company and its solutions, visit www.cryptzone.com.

Cryptzone's share is listed on First North, Sweden, the Nordic alternative market operated by NASDAQ OMX. Certified Adviser is Thenberg & Kinde Fondkommission AB.

About Altimate Group:
Through our resellers; we deliver leading software solutions, complete assistance and technical support, to the UK and Ireland markets. With a profound expertise in advanced computer technologies and commitment to building alliances with the world's most respected software manufacturers, we know how to quickly respond to the demands of the relentlessly changing market environment. Our portfolio covers infrastructure management, security, internet restriction and reporting, encryption and data loss prevention.

ALTIMATE is a successful VAD operating in eight countries: Belgium, France, Luxembourg, the Netherlands, Portugal, Spain, United Kingdom and Ireland. It has a network of over 2500 value added resellers, integrators and ISV partners with annual global sales of €257m. Established in 1994 under the name of DISTRILOGIE, ALTIMATE belongs to the financial holding company DCC quoted on the London and Irish Stock Exchanges.

For more information, please visit www.altimate-group.com.




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Cryptzone via Thomson Reuters ONE

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