Demand for PGP(R) Solutions Fueled by SMB and Channel Providers
SAN FRANCISCO, April 21 /PRNewswire/ -- RSA Conference -- PGP Corporation, a global leader in enterprise data protection, today announced positive business growth and customer bookings success for the first fiscal quarter of 2009, ending March 31, 2009. PGP Corporation continues to see an uptake in demand for its award-winning data protection solutions particularly in the SMB market, where business increased by 33 percent in this market sector over the same period last year. In response to PGP Corporation new channel strategy and realignment, the PGP channel business was up by over 30 percent for the same period last year. Additionally, existing PGP(R) customers are adding PGP(R) applications to their PGP(R) Encryption Platform installations as they continuing to rely on PGP Corporation to safeguard their most critical business asset - their data.
"At the outset of planning our data security and encryption strategy, we knew we wanted to take a holistic approach to protecting our data and communications with a solution that could scale as our business needs evolved," said Kam Golpariani, director of Security Operations, at First Advantage, a leading provider of risk mitigation and business solutions. "With the PGP(R) Encryption Platform, we can conduct our business with confidence knowing that our sensitive data is secure and easily add new applications. We continue to upgrade our solutions with the latest PGP(R) technology, which gives us a competitive advantage."
"PGP Corporation is making encryption ubiquitous, reducing the risk of damaging data breaches and cybercrime attacks," said Phillip Dunkelberger, president and CEO of PGP Corporation. "By realigning our channel and distribution strategy, expanding our geographic reach, and broadening our portfolio of world-class data protection products, PGP Corporation is delivering industry defining solutions to more organizations worldwide than ever before."
Protecting the world's data, reducing risk and enabling secure business
Delivering on the company's mission to protect the world's data, reducing risk and enabling secure business for everyone, PGP Corporation released new products and enhancements to the PGP(R) Encryption Platform in the first quarter.
- As part of its effort to scale PGP(R) data protection solutions across a broad base of customers, PGP Corporation recently announced the PGP(R) Whole Disk Encryption Workgroup Edition, a low-end, easy-to-use and manage full disk encryption solution for small businesses and workgroup environments that protects data on laptops, desktops and USB devices. Small companies now have affordable access to enterprise-grade encryption technology to safeguard their businesses against data breaches and maintain compliance. (See related news release, "PGP Corporation Unveils New Encryption Solution to Protect Sensitive Data for Small Businesses and Workgroup Environments".)
- PGP(R) Desktop Email now features enhanced MAPI capabilities that deliver user experience and performance improvements. Users who have their Microsoft Outlook email client configured for MAPI can send encrypted messages, with or without attachments, with the same speed, ease and simplicity as sending an unencrypted message.
The PGP(R) Encryption Platform provides a strategic enterprise encryption framework for shared user and key management, policy, and provisioning that is automated across multiple, integrated encryption applications. Integrated PGP Corporation and third-party data protection applications enable organizations to deploy automated encryption as needed, with the data security functions required to solve the business requirement.
Building out the PGP(R) Ecosystem
In Q1 2009, PGP Corporation aggressively achieved key milestones in building out the PGP(R) Ecosystem, broadening access of its encryption solutions to businesses of every size, across new vertical, adjacent and geographic markets. Significant achievements include:
- Signing of a strategic distribution agreement with Avnet Technology Solutions that will enable North American partners to cross-sell PGP solutions to storage and high-end server customer accounts;
- Global channel strategy enhancements with new partner-enablement, training and recruitment programs designed to help partners grow their PGP(R) solutions business with high-margin and reoccurring revenue streams;
- Geographical expansion into Southern Europe with the establishment of an official office in Paris, France, along with new regional channel agreements with Afina and Ipelium, to strengthen PGP Corporation's local market presence; and
- New SaaS partners, including Converge Net and Mindshare have joined the PGP(R) Managed Service Provider Network program to offer PGP Whole Disk Encryption as software-as-a-service offering.
About PGP Corporation
PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based on a unified key management and policy infrastructure, the PGP(R) Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP(R) platform-enabled applications allow organizations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, smartphones, network storage, file transfers, automated processes, and backups.
PGP(R) solutions are used by more than 100,000 enterprises, businesses, and governments worldwide, including 95 percent of the Fortune(R) 100, 75 percent of the Fortune(R) Global 100, 87 percent of the German DAX index, and 51 percent of the U.K. FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at www.pgp.com.
Media & Analyst Contacts for PGP Corporation:
North America
Christina Grenier
PGP Corporation
+1 650 799 3150
cgrenier@pgp.com
Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com
United Kingdom
Jacqui Depares / Richard Scarlett
Johnson King
+44 (0) 20 7401 7968
pgpteam@johnsonking.co.uk
Germany
Ingrid Daschner
Johnson King
+49 (0) 89 8940 8511
ingridd@johnsonking.de
Legal Notice Regarding Forward-Looking Statements
Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at PGP Corporation's sole discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation's products; any technological, regulatory, or standards changes in the security, encryption and authentications market which could make PGP Corporation's products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.
PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.
