BWI: Utimaco Opens Office in India

Press release from Business Wire India
Source: Utimaco Safeware AG
Tuesday, February 10, 2009 10:07 AM IST (04:37 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology; Technology
Release no: 19185
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Utimaco Opens Office in India
New Location in Mumbai Extends Company's Brand to Large and Growing Market

Mumbai, Maharashtra, India, Tuesday, February 10, 2009 -- (Business Wire India) -- Utimaco Safeware AG - The Data Security Company and a member of the Sophos Group (www.sophos.com), today announced the opening of its newest office in Mumbai, India. The new office opening signals Utimaco's increased focus on extending its brand to all corners of the globe. Utimaco solutions have been marketed in India through Value Added Distributors including WeP India Ltd. and IValue Infosolutions Pvt. Ltd. for more than a year.

On the heels of recent expansion in the United States, Poland, Australia and New Zealand, Utimaco saw the opportunity to further its international efforts of delivering comprehensive, 360 degree security solutions to growing, successful international markets. The Asia/Pacific region accounted for 40.6% of worldwide real GDP growth in 2008, a notable increase from 33% in 2007, and leading analyst firm Gartner forecasts continued expansion through 2012.

"Within the Asia Pacific region, India is considered to be one of the most promising & important future markets," said Marc Wilczek, Managing Director Asia Pacific, Utimaco. "Therefore, it plays a vital role in our global growth strategy."

Through the combination of Utimaco's leading product lines and the customer relationships already established in Mumbai and surrounding areas, the company will further position itself as a leading provider of data security and encryption solutions.

"The opening of Utimaco's India office will help us tap the rapid regional economic growth in Mumbai and meet increased demand for our leading information protection and control solutions across the vertical market spectrum," said Altaf Halde, Country Manager, India. "This office will provide our current and future customers and partners with local support for all activities and as a result, we forsee a large jump in customer acquisitions."

About Utimaco Safeware AG

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. Utimaco's 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.


CONTACT DETAILS
Ms. Naireen Ahmed, Corporate Communications Specialist, Utimaco Safeware AG, +91 9619177769, +91 (22) 65278548, naireen.ahmed@utimaco.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY

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