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European High Speed Network Encryption Company Set Up In UK

Senetas Corporation : 29 June, 2010  (Company News)
Senetas has moved into Europe with the establishment of a European head office in the UK for entering the high speed network encryption market in the region
Australian-listed Senetas has agreed to acquire a UK-based encryption solutions business to lead its efforts to aggressively grow the Senetas share of the high speed network encryption market in United Kingdom and Europe.

Senetas CEO, John DuBois said Senetas Europe would be a 100%-owned subsidiary of the Australian listed company from July 5, 2010. This follows the signing of an agreement to acquire Focus Europe Limited a highly-regarded encryption solutions business based in Basingstoke, the hi-tech corridor south-west of London.

Mr DuBois said Senetas Europe would benefit from the extensive technical experience and industry knowledge of three key employees who will lead the European sales effort: Gareth Jones (General Manager), Pete Smith (Manager Encryption Solutions) and Graham Wallace (Government Accounts Manager and Product Specialist).

"This is a significant move for Senetas to have direct representation in the largest single market, apart from the USA, for our Layer 2 encryption products. The team has experience in our encryption technology, as well as that of our competitors, and their blue chip customer base includes Government, Finance and Enforcement Agencies.

"Having this permanent presence in the UK enables us to seek further security accreditations for our encryption hardware. Such approvals will be vital additions to our FIPS and Common Criteria certifications and key to our success in UK and EU government and defence sales,' Mr DuBois said.

Gareth Jones said: "We're pleased to be part of the Senetas team in Europe. Senetas offers a complete family of security solutions at the highest data throughputs across major network topologies. In our experience Senetas also provides an unsurpassed level of technical capability in its design and engineering group, as evidenced by its ongoing achievement of rigorous international security accreditations for its hardware.

"With increased focus on security across European government agencies and financial enterprises, we are confident that the Senetas Europe business model with a combination of direct sales and reseller channels can win an increasing share of the growing network security market," Mr Jones said.

From its Melbourne, Australia headquarters Senetas produces security solutions to suit all network topologies, including Layer 2: Ethernet, Fibre Channel, ATM, Link, SONET; Layer 3 - IPSec; plus the world's first hybrid Quantum encryption platform, now deployed on four continents.

Senetas Europe will also offer a unique Software As A Service (SAAS) solution, Senetas MonitorStream, which provides encryption-secured, automated monitoring in real time for standard operating systems, CPUs, real and virtual memory, disk performance, network performance, disk space, critical processes and Web URL availability. It reduces business costs and improves time management and network capacity planning by enabling automatic event response to correct or prevent problems before end-users are impacted.

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