Utimaco Safeware AG / Miscellaneous
13.08.2008
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Utimaco Expands Global Presence and Opens New U.S. Research and Development
Center
Company Opens New Offices Across Asia/Pacific, Middle East and Eastern
Europe,and Significantly Expands U.S. Engineering Presence
Oberursel, Germany, August 13, 2008 / Utimaco The Data Security Company,
today announced a significantly expanded corporate footprint with the
opening of new offices in Australia, Dubai and Poland, representing an
increased emphasis on the Asia/Pacific, Middle East and Eastern Europe
regions as the company continues to bring on new customers across the world
The company also announced the opening of its newest R&D center near Boston
which is charged with developing new features and functionalities for data
leakage prevention (DLP). The new U.S. team of software developers will add
to the companys over 100 software developers based in Europe.
Utimaco made the decision to open new offices across Asia/Pacific, Middle
East and Eastern Europe because of rapid regional economic growth and
increased demand for Utimacos leading information protection and control
solutions for enterprise customers across the vertical market spectrum.
Utimacos North American customer growth has also expanded significantly in
recent months, with the addition of a global leader in IT consulting and
outsourcing, a governmental agency in Canada and a major U.S. university as
well as other customers who have turned to Utimaco to realize a
multi-layered security strategy. The new U.S. R&D center will develop and
integrate leading-edge technologies into Utimacos flagship SafeGuard
Enterprise solution to address the information protection needs of
Utimacos growing U.S. customer base.
Eastern European Expansion
Utimaco is establishing a formal presence in Poland with a new sales office
in Warsaw to better address the increased economic opportunity across
Eastern Europe. The Eastern European economies within the EU are still
performing well, with good overall GDP growth. Poland in particular, with a
domestic market of 40 million people, is doing especially well, according
to Gartner1. The growth in this dynamic region will be led by Markus
Bernhammer, who has been promoted to Executive Vice President of Central
and Eastern Europe.
Demand Fuels Expansion in Asia/Pacific
Growth momentum in Asia/Pacific will play a more significant global role in
2008 and beyond, with the region accounting for 40.6% of worldwide real GDP
growth in 2008, a notable increase from 33% in 2007. The region continues
to see aggressive growth, with Gartner forecasting continued expansion
through 2012. Utimaco has further appointed Colin Lim, Regional Manager,
Australia and New Zealand, to head sales and customer satisfaction efforts
in these countries. The new office in Sydney, Australia and the addition
of Mr. Lim to the Utimaco team, come on the heels of the addition of
COMPUTERLINKS as a Value Added Distribution partner in its world-class
Global Alliance Program. In addition to Lenovo, COMPUTERLINKS, a worldwide
distributor of Internet technology solutions, will play an increasingly
important role as an extension of Utimacos sales team in Australia.
Middle East Expansion
The Middle East experienced strong economic growth between 2005 and 2007,
and Gartner predicts the current economic boom will persist because of
continuing global energy demand.In Dubai, Utimaco Regional Manager,
Mohammad Ismail, is leading the companys expansion in the Middle East.
Increasingly, companies of all sizes in the Middle East particularly in
the telecommunications sector are demanding sophisticated data security
technology to grow their businesses. Ismail will lead Utimacos efforts to
become a dominant provider in the region and keep in close contact with
partners and customers in the region.
'Were very pleased and excited customers across the globe continue to
realize the bottom-line business benefits of our information protection and
control solutions,' said Martin Wulfert, CEO, Utimaco. 'The addition of
new offices, new talent and a strong U.S. R&D presence ensures we will
advance our reputation as the product leader in the global corporate
information protection market.'
About SafeGuard Enterprise
SafeGuard Enterprise is a modular security suite that meets all current and
future demands of data security no matter where information is saved, or
who it is being exchanged with. Its core module, SafeGuard Management
Center, enables companies to implement security guidelines simply and
effectively across platforms to meet regulatory compliance requirements
with one central console.
About Utimaco Safeware AG The Data Security Company.
Celebrating 25 years in business, Utimaco is a leading global provider of
data security solutions, enabling mid- to large-size organizations to
safeguard their data assets against intentional or accidental data loss,
and to comply with privacy laws. Utimacos complete range of data security
solutions provide full 360 degree data protection for data at rest, data in
motion and data in use. Utimaco offers its customers comprehensive on-site
support via a world-wide network of certified partners and subsidiaries.
Utimaco Safeware AG, with headquarters in Oberursel, near Frankfurt,
Germany, is listed on the Frankfurt Stock Exchange (ISIN DE0007572406). For
more information please visit www.utimaco.com.
Utimaco Safeware AG
Jutta Stolp, CIRO
Investor Relations
Tel.: +49 (61 71) 88 - 11 17
jutta.stolp@utimaco.de
DGAP 13.08.2008
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Language: English
Issuer: Utimaco Safeware AG
Hohemarkstraße 22
61440 Oberursel
Deutschland
Phone: +49 (0)6171 88 - 0
Fax: +49 (0)6171 88 - 1290
E-mail: info@utimaco.de
Internet: www.utimaco.de
ISIN: DE0007572406
WKN: 757240
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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DGAP-News: Utimaco Safeware AG: Utimaco Expands Global Presence and Opens New U.S. Research and Development Center
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