NASHUA, NH--(Marketwired - Jan 14, 2014) - ConverterTechnology, data risk management experts, today announces a partnership agreement with FlowTraq, leading network security software provider to address the rise in data breaches and concerns related to monitoring network traffic. The partnership expands ConverterTechnology's service offerings beyond data risk associated with Microsoft Windows and Office upgrades and provides FlowTraq an increased focus and growth from small- and mid-size companies to enterprise-level companies.
Shawn Allaway, CEO for ConverterTechnology, stated, "For nearly fifteen years, our team has effectively been helping enterprise-level companies mitigate their risk when initiating an upgrade to newer versions of Microsoft Windows and Office. As we have grown, the biggest challenge for our company is to diversify in ways that augment our product line and extend into other areas of a business where risk is involved. Today, there is no greater data risk to companies than attacks on their internal systems. With FlowTraq added to our roster we can provide more comprehensive data risk mitigation solutions to the enterprise."
FlowTraq securely stores network traffic so that organizations can monitor network performance and bandwidth consumption, catalog applications in use, and detect problematic changes in network activity cost effectively and efficiently. The solution quickly processes and analyzes large volumes of historical and real-time network traffic and provides instant alerts and identification of network anomalies so that organizations can prevent and identify vulnerabilities as they happen.
"ConverterTechnology data risk technology combined with FlowTraq detection and prevention technology will be valuable to network security operation centers that are increasingly being held accountable for the protection of corporate data. FlowTraq monitors the flow of sensitive information stored in enterprise server environments that often span multiple locations, and thousands of devices. ConverterTechnology specializes in delivering tools and professional services to manage sensitive data and essential business files," said Vincent Berk, CEO for FlowTraq. "Entering this strategic partnership with ConverterTechnology allows us to broaden the range of enterprises FlowTraq can help protect."
Pricing for FlowTraq begins at $9,595 license per server. Subscription (SaaS) packages start at $6,150.
Additional information about the partnership can be found by visiting the ConverterTechnology website at http://www.convertertechnology.com/products/flowtraq.aspx
ConverterTechnology, experts in data risk management for enterprises, provides an innovative suite of solutions that offer comprehensive coverage of enterprise data risks that can arise during document and application migration, and solutions for network monitoring -- data leaks, anomaly and intrusion detection. Founded in 1997, ConverterTechnology has helped millions of users at Fortune 500 companies, global financial and pharmaceutical corporations, and the world's most renowned theme park. ConverterTechnology is headquartered in Nashua, N.H., with offices in Europe and Australia. For more information, please visit http://www.convertertechnology.com.
Founded in 2004, FlowTraq develops and markets software solutions that monitor and analyze network security and performance to provide deep insight, high visibility, and valuable understanding of complex network infrastructures. With FlowTraq, users gain an unprecedented level of network situational awareness that facilitates fast and easy monitoring, quick security analysis, and complete forensic recall of any traffic that crosses their network, thus reducing organizational risk. FlowTraq software solutions include FlowTraq, FlowTraqCloud and FlowExporter. FlowTraq has over 2,600 customers worldwide, including Fortune 500 companies, ISPs, Managed Service Providers, government, schools, and universities. FlowTraq is privately held and headquartered in New Hampshire. For more information, visit http://www.flowtraq.com/corporate/.