Condyn to offer Cryptzone security solutions on a SaaS Platform

Fleet, November 14, 2011 Cryptzone has signed a new distribution agreement with Condyn, a leading Cloud Services provider on the African continent. Based in South Africa, Condyn will enhance its Security as a Service (SaaS) offering with Cryptzone's encryption technology. This agreement covers distribution rights across Africa. African businesses seeking to protect their data in line with international compliance standards want to adopt solutions that are not only effective, but also easy to use and affordable. Cryptzone's Simple Encryption Platform meets this prerequisite and ensures organizations retain complete control over their information content, even when managed by a third party service provider. Condyn selected Cryptzone for its strong security solution portfolio of products, which are easy to understand, use, and sell. The automated license and billing system makes Cryptzone's SaaS platform simple to administer on behalf of customers. "With long and well established business relationships in the region and a good understanding of the IT security industry, Condyn is well placed to grow Cryptzone SaaS revenues across Africa." says Peter Davin, CEO at the Cryptzone Group. Enterprise security on demand Adopting on-demand services on a pay-as-you-go basis provides an attractive outsourcing strategy for customers to control costs and deliver business agility. Because Cryptzone partners are able to spread all of the costs associated with installing, running and maintaining applications, the underlying software infrastructure and associated hardware, small and medium sized enterprises are able to benefit from security tools normally only afforded by larger organizations. "African companies are competing in a global market, so they have to address IT compliance issues, if they want to maintain the confidence of customers and suppliers" says Jorina van Rensburg, CEO Condyn. "Integrating Cryptzone encryption solutions into our SaaS offering provides customers with an affordable route to demonstrating their commitment to IT security." The Cryptzone SaaS offering includes: * Secured eMail: policy-controlled email encryption. * Secured eFile: centrally controlled file/folder security and encryption * Secured eCollaboration: Microsoft SharePoint File security & encryption * Secured eUSB: centrally managed USB encryption deployment tool Fredrik Norén, Cryptzone's Vice President of EMEA points out that "Increasingly organizations need to provide employees, partners and customers with secure computing services 24/7. A SaaS model provides smaller and mid-tier organizations with the opportunity to compete against global players, safe in the knowledge that security is being assured to the highest standards by their Cryptzone service provider." For more information: Peter Davin, CEO Cryptzone Group Tel: +46 701 - 839 199 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, 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 Condyn: Condyn is the leader in the provision of information security solutions for Africa and have been providing world-class solutions for more than a decade within Africa, both in the public and private sector. Condyn has a team of dedicated and knowledgeable key account managers that is supported by a competent and experienced technical team to assist you with all your information security risk and compliance requirements. For more information, call 012-665 4356 or visit us at 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 [HUG#1563629]