Australia’s Senetas Establishes UK-Based Business, Senetas Europe: Move to Aggressively Grow EU Marketshare

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Australia's world-leading high speed network encryption hardware specialists, Senetas Corporation, acquires UK-based encryption solutions business to lead efforts to aggressively grow the Senetas share of the high speed network encryption market in United Kingdom and Europe.

In our experience Senetas also provides an unsurpassed level of technical capability in its design and engineering group, as evidenced by its ongoing achievement of rigorous international security accreditations for its hardware. - Gareth Jones

Australian-listed Senetas Corporation Limited (ASX:SEN) today announced it has agreed to acquire a UK-based encryption solutions business to lead its efforts to aggressively grow the Senetas share of the high speed network encryption market in United Kingdom and Europe.

Senetas CEO, John DuBois said Senetas Europe Limited (http://www.senetas-europe.com) would be a 100%-owned subsidiary of the Australian listed company from July 5, 2010. This follows the signing of an agreement to acquire Focus Europe Limited a highly-regarded encryption solutions business based in Basingstoke, the hi-tech corridor south-west of London.

Mr DuBois said Senetas Europe would benefit from the extensive technical experience and industry knowledge of three key employees who will lead the European sales effort: Gareth Jones (General Manager), Pete Smith (Manager Encryption Solutions) and Graham Wallace (Government Accounts Manager and Product Specialist).

Dual Accredited - Senetas Seeks Further Certifications
“This is a significant move for Senetas to have direct representation in the largest single market, apart from the USA, for our dual-accredited Layer 2 encryption products. The team has experience in our encryption technology, as well as that of our competitors, and their blue chip customer base includes Government, Finance and Enforcement Agencies.

“Having this permanent presence in the UK enables us to seek further security accreditations for our encryption hardware. Such approvals will be vital additions to our FIPS and Common Criteria certifications and key to our success in UK and EU government and defence sales," Mr DuBois said.

Gareth Jones said: “We’re pleased to be part of the Senetas team in Europe. Senetas offers a complete family of security solutions at the highest data throughputs across major network topologies. In our experience Senetas also provides an unsurpassed level of technical capability in its design and engineering group, as evidenced by its ongoing achievement of rigorous international security accreditations for its hardware.

“With increased focus on security across European government agencies and financial enterprises, we are confident that the Senetas Europe business model with a combination of direct sales and reseller channels can win an increasing share of the growing network security market,” Mr Jones said.

From its Melbourne, Australia headquarters Senetas produces security solutions to suit all network topologies, including Layer 2: Ethernet, Fibre Channel, ATM, Link, SONET; and Layer 3 – IPSec; plus the world’s first hybrid Quantum encryption platform, currently in use to secure football World Cup communications in Durban south Africa, and now deployed on four continents.

Unique Senetas Offering Secures Cloud Services
Senetas Europe will also offer a unique Software As A Service (SAAS) solution, Senetas MonitorStream, which provides encryption-secured, automated monitoring in real time for standard operating systems, CPUs, real and virtual memory, disk performance, network performance, disk space, critical processes and Web URL availability. It reduces business costs and improves time management and network capacity planning by enabling automatic event response to correct or prevent problems before end-users are impacted.

About Senetas
Senetas Corporation Limited (ASX Code: SEN) is an Australian ASX-listed public company and is the world’s leading developer and supplier of high speed network encryption hardware products. Its products are accredited to the highest international government security standards (FIPS and Common Criteria).

Last year Senetas was awarded a patent for its multiprotocol encryptor and has patent pending on a newly-developed multicast encryptor. Multicast is used for a variety of applications including video streaming, conferencing and distribution of business critical data. It is fault tolerant, with an ability to survive network outages and adapt automatically to topology changes.

Senetas commercial encryption technology is cleared for use up to “restricted” level, and the company is now developing a High Assurance encryptor to secure critical communications in the “secret” networks of the Australian Government and its closest allies. Senetas is represented either directly or through reseller channels in more than 40 countries. Customers include Government, military and law enforcement agencies in Australia, USA, Middle East, Asia, and the EU, plus leading financial institutions.

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