SOURCE: Fishtech Labs LLC

Fishtech Labs LLC

July 21, 2016 10:37 ET

Foresite Announces Equity Partnership With Fishtech Labs to Fuel Growth and Innovation

As the Latest Addition to Fishtech Lab's Technology Accelerator Program, Foresite Joins Forces With Industry Serial Entrepreneur Gary Fish to Deliver World-class Managed Security and Consulting Services

OVERLAND PARK, KS--(Marketwired - July 21, 2016) - Foresite, a managed security and cyber-consulting services provider, today announced that they have entered into an equity partnership agreement with Fishtech Labs to help further accelerate their growth and innovation plans.

As part of the partnership, Fishtech Labs' CEO and Founder Gary Fish and Co-Founder Dan Thormodsgaard will serve on Foresite's Board of Directors.

"We are excited to join forces with Gary and the Fishtech team and strengthen our position in the managed security services marketplace," said Foresite Chairman and CEO Robin Mayo. "His team's experience and proven industry track record in successful fast growth information security companies will be invaluable to us."

The partnership pairs two companies focused on creating and delivering leading solutions designed to deliver operational efficiencies while improving security posture and meeting regulatory compliance requirements.

"Foresite's Provision platform delivered as a service is a perfect complement to our cloud forward approach at Fishtech Labs," said Fish. "With the MSSP market predicted to grow to $30 billion worldwide by 2020, we believe Foresite is positioned well to take advantage of market tailwinds. Foresite's white label solution enables channel partners to participate in the MSSP market without the costly and time-consuming task of building the software and infrastructure to support their own MSSP environment."

About Foresite

Foresite is a global provider of managed security, cyber consulting, and compliance services focused on delivering comprehensive solutions to protect our clients from increasingly persistent cyber-threats. Foresite's solutions empower organizations with vigilance and expertise to proactively identify, respond, and remediate cyber attacks and breeches. For more information, visit us at http://foresite.com or contact us at info@foresite.com.

Fishtech Labs

Fishtech Labs is a technology accelerator focused on finding and creating solutions for our clients that deliver operational efficiencies and improved security posture. So you don't have to be, we are immersed in the changing security and emerging technology landscape specific to Cloud, IoT, SDN, and Virtualization. We identify gaps and appropriate solutions for our clients' maximum advantage. As innovation experts, our team takes a consultative approach to evaluate each client's objectives, benefits, and risks that may be mitigated with next-generation solutions. For more information, visit us at http://fishtechlabs.com or contact us at info@fishtechlabs.com.

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