SOURCE: Cryptzone

October 05, 2010 08:18 ET

Breakthrough order in Germany

GOTHENBURG, SWEDEN--(Marketwire - October 5, 2010) - Cryptzone Group has secured a major contract in Germany worth more than EUR280 000. The order consists of 3000 licenses for the access control system "AppGate Security Server" and includes a three-year support and maintenance plan. The client is a global German conglomerate, which for confidentiality reasons wishes not to be mentioned by name, at this point.

The solution will secure external access to the company's internal network via mobile phones in addition to strengthening the internal network access control.

This customer acknowledges a growing need to allow their employees access to corporate information via their smart phones without compromising security. Cryptzone Group's solution now enables employees to gain secured granular access to information. The customer is expected to place additional orders to extend the solution in the future.

"We have been investing in the German market and receiving recognition of this magnitude is confirmation of the competitiveness of our solutions," said Peter Davin, CEO of Cryptzone Group. "Germany is Europe's largest market with a strong understanding of security. To have a significant large scale enterprise customer strengthens our position as a leading Data Loss Prevention provider."

The order will affect sales and earnings in the third quarter.

About Cryptzone Group:

The Cryptzone Group (OMX: CZON B) supplies systems for Data Loss Prevention in three categories: role-based access control, encryption of sensitive information, as well as Java-based point-to-point communications. The Cryptzone Group's goal is to offer user-friendly security solutions in order to increase the overall information security, thereby minimizing the risk of information leakage, while IT administrators have complete control over user rights. The company has offices in Sweden, UK, USA and Poland. More information about the company and its solutions can be found on,,

Cryptzone's share is listed on First North in Stockholm, Sweden. First North is an alternative market, operated by the different exchanges within NASDAQ OMX. Certified Adviser is Thenberg & Kinde Fondkommission AB, +46 31 745 50 00.


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Source: Cryptzone via Thomson Reuters ONE

Contact Information

  • For more information:
    Peter Davin
    CEO Cryptzone Group
    Email: Email Contact
    Tel: +46 701 - 839 199

    Bjorn Muchow
    CFO Cryptzone Group
    Email: Email Contact
    Tel: +46 31 773 86 03