Fortune 10 Company Selects Pointsec to Provide Mobile Device Security18 January 2005
Pointsec(R), the worldwide de facto standard for mobile device security, today announced that one of the world's largest manufacturers has selected Pointsec as its global enterprise supplier
to protect sensitive financial and customer data stored on desktops and
laptops. During 2004 the company placed orders with a total value of
USD $800,000 (USD), of which $140,000 (USD) was recognized in the fourth
quarter and the remainder was recognized earlier in the year.
"A growing body of regulations and legal precedents -- including the
Gramm-Leach-Bliley Act, California Senate Bill 1386, and Sarbanes-Oxley --
create potentially large liabilities for enterprises handling confidential or
vital information," said Peter Larsson, CEO of Pointsec. "That risk is
intensified when confidential data is stored on mobile devices that are easily
lost or stolen. By standardizing on Pointsec as its global partner for mobile
device security, this major manufacturer is mitigating its risk of exposure
and strengthening its ability to ensure solid regulatory compliance."
Pointsec deliveries to the company began in Q1, 2004, and new orders are
expected throughout 2005 as the manufacturer deploys the mobile device
security solution across the enterprise. The company will use Pointsec to
secure workstations and laptops in its financial organizations and
subsidiaries around the world.
Pointsec's industry-leading security solution offers non-intrusive, quick,
and seamless data encryption, ensuring that confidential data stored on any
kind of portable computing device remains private and secure. As a result the
enterprise can take full advantage of today's mobile workplace, thereby
removing the worry that critical data or important credentials will go
unprotected. With Pointsec, only authorized users are granted access to the
private company information, whether in the office or in the field.
POINTSEC CONTACT:
Peter Larsson, CEO
Pointsec Mobile Technologies
800-579-3363
peter.larsson@pointsec.com
Source: PR Newswire
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