Toronto, Ontario (PRWEB) September 30, 2005
Fortiva Inc., a provider of managed email archiving services, today announced it has been selected as a winner of the Deloitte Fast 50 Companies-to-Watch award. The award, which recognizes new companies that show superior performance and potential in their field, is based on a range of measures including competitive advantage, market attractiveness, proprietary technology, organizational effectiveness and a financial assessment of the strength of the balance sheet.
"We are honored to be recognized as a Companies-to-Watch winner," said Paul Chen, president and CEO of Fortiva. "Recognition by a prestigious organization such as Deloitte & Touche represents an important acknowledgment of Fortiva's strong performance and the great potential our product has in the growing email archiving market."
Earlier this year, Fortiva introduced the Fortiva Suite, a managed email archiving solution for regulatory compliance, legal discovery and email storage management needs. Using proprietary DoubleBlind EncryptionÂ technology, Fortiva offers the first outsourced e-mail archiving solution that provides the same level of data security and product integration as an in-house solution.
Demand for Fortiva's solution continues to grow, as companies realize the importance of securely storing and accessing their email records. Up to 70 per cent of a company's business-critical information resides in email and attachments, making it one of the most important resources a business may own. Other factors driving growth in the sector include regulatory compliance legislation, an increasing emphasis on establishing sound corporate governance principals, and the growth of requests for email during legal discovery. According to industry analyst firm Radicati Group, revenues for e-mail archiving vendors are forecasted to approach $465 million by 2005, and grow to over $4.4 billion by 2009.
About Fortiva Inc.
Fortiva is a leading provider of managed email archiving solutions for regulatory compliance, legal discovery and email storage management needs. With its proprietary DoubleBlind EncryptionÂ technology, Fortiva is helping businesses across North America to quickly and easily meet email archiving needs without risking data security. Headquartered in Toronto, Canada and with offices across the United States, Fortiva delivers its customer-driven solutions through a strong network of strategic partnerships as well as a direct sales force. Fortiva is a privately-owned company, with investment from Cargill Ventures, McLean Watson Capital and Ventures West. For more information, visit http://www.fortiva.com.
For more information:
416.368.8348 ext. 267
1.866.366.3668 ext. 383
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