SOURCE: Lifeboat Distribution

Lifeboat Distribution

December 17, 2015 09:00 ET

Lifeboat to Distribute Thycotic Identity and Access Management Solutions

Next Generation Privileged Account Management Security Solutions Expand Offerings to Meet Growing Global Demand for Protection Against Internal as Well as External Cyber Threats

SHREWSBURY, NJ--(Marketwired - Dec 17, 2015) - Lifeboat Distribution, an international specialty distributor for virtualization, security, application and network infrastructure, and other technically sophisticated products, today announced a distribution agreement with Thycotic, a leading provider of comprehensive Privileged Account Management (PAM) solutions. Lifeboat will distribute Thycotic's full line of enterprise security solutions to its network of resellers in the United States, Canada, and Latin America.

Thycotic solutions that Lifeboat will distribute include: Secret Server privileged account management that provides the ability to manage, change, and monitor privileged passwords in a centralized, web-based vault; Password Reset Server that provides simple, self-service password management directly from the web or Windows login screen and enforces stronger end-user password controls; as well as Group Management Server that allows self-service Active Directory group management and empowers non-IT business leaders to securely manage their department's AD Groups and provision new user access without assigning them a privileged account.

"Thycotic has a significant portfolio of over 3,500 customers, and over 180,000 users, but the Thycotic Partner Program is relatively new," said Bob Gagnon, VP of Channel Sales at Thycotic. "Among other things, we added a very lucrative Thycotic Rewards deal registration program that offers not only deal protection and margin protection, but also upfront financial rewards. We're looking forward to significantly expanding our reach through our partnership with Lifeboat and their strong network of resellers."

"We're delighted that Thycotic chose Lifeboat as their first North America and Latin America distributor. Thycotic's scalable enterprise solutions are a valuable addition to our security portfolio, as our partners can now offer cost-effective, smart, reliable, and easy-to-use IT security solutions that ensure protection from cyber-attacks and insider threats," said William R. Botti, Executive Vice President at Lifeboat Distribution. "Privileged accounts represent one of the most vulnerable aspects of an organization's IT infrastructure. With Thycotic's solutions for managing password resets, privileged account management and AD group management, their customers will now be able to significantly streamline and speed security processes, while ensuring tight control and access to Privileged Accounts."

Lifeboat will promote Thycotic's Privileged Account Management solutions in conjunction with the company's extensive line cards of security and network & infrastructure management products. Resellers and managed service providers interested in offering Thycotic PAM solutions should contact Lifeboat by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at sales@lifeboatdistribution.com.

About Lifeboat Distribution
Lifeboat Distribution, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is an international value added distributor for virtualization/cloud computing, security, application and network infrastructure, business continuity/disaster recovery, database infrastructure and management, application lifecycle management, science/engineering, and other technically sophisticated products. The company helps vendors recruit and build multinational solution provider networks, power their networks, and drive incremental sales revenues that complement existing sales channels. Lifeboat Distribution services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream, expand their margin+ services revenues, and build profitable product and service businesses. For more information, visit www.lifeboatdistribution.com, or call +1.800.847.7078 (US), +1.732.389.0037 (International), +1.888.523.7777 (Canada), or +31.36.8200.236 (Europe). Follow Lifeboat Distribution on Twitter (@LifeboatVAD) and Facebook (LifeboatDistribution).

About Thycotic
Thycotic, a global leader in next-generation IT security solutions, delivers an indispensable, comprehensive Privileged Account Management (PAM) solution to protect your "keys to the kingdom" from cyber-attacks and insider threats. Unlike any other security offering, Thycotic Secret Server assures the protection of privileged accounts while being the fastest to deploy, easiest to use, exceptionally scalable enterprise-class solution offered at a competitive price. Already securing privileged account access for more than 3,500 organizations worldwide, including Fortune 500 enterprises, Thycotic Secret Server is simply your best value for PAM protection. For more information, please visit www.thycotic.com.

Lifeboat is a registered trademark of Lifeboat Distribution in the US and other countries. All other company names or product names may be the trademarks of their respective owners.