Our patented Digital Vault provides premier security.
CYBER-ARK SOFTWARE LTD. GROWS EUROPEAN PRESENCE; OPENS NEW UK HEADQUARTERS
Information Security Provider Continues Record Growth
DEDHAM, Mass., June 9, 2006 -- Cyber-Ark Software Ltd., the information security software company that develops and markets digital vaults for securing and managing highly-sensitive information within and across global enterprise networks, today announced it has expanded its global presence with the opening of its new European headquarters in the London.
Recognized as a leading provider of digital vaults for securing and managing sensitive information within and across global enterprise networks, Cyber-Ark is now able to market, develop and sell its one-of-a-kind patented Vaulting Technology to the European market.
Cyber-Ark, which is based in Dedham, Mass., is planning to significantly increase their presence in the European market, and provide organizations with their patented Enterprise Password Vault™ solution for sensitive information. Calum Macleod will direct this new office and lead Cyber-Ark sales and engineering as it continues to penetrate key Cyber-Ark marketplaces, mainly financial services, auditing and insurance organizations.
"We are thrilled to announce the opening of a London-based European headquarters," said Calum M. MacLeod, Business Development Director Europe & Africa at Cyber-Ark Software. "This reflects our continued growth in the European market. The new office will deliver a heightened level of service and support to our European clients and prospects."
The company currently has established alliances with companies such as Voca, Belgacom, ING, Astro Communications, ITC and EC3.
With Cyber-Ark's Enterprise Password Vault organizations are now better able to secure, automatically change and log all accesses and uses of the most powerful passwords in their enterprise that are used to access critical systems, servers, network devices and applications. With this level of administrative password security in place, these organizations are able to address their SOX compliance concerns, while also being assured that their intellectual property, financial data and customer information does not end up being misused or in the wrong hands.
Cyber-Ark Software is an Information Security company that develops and markets digital vaults for securing and managing sensitive information within and across global enterprise networks. Based on it's patented Vaulting Technology™, Cyber-Ark's digital vault products include: The Inter-Business Vault®, a secure infrastructure for cross-enterprise data exchange of highly-sensitive information; the Network Vault®, for secure storage and management of highly-sensitive documents, and the Enterprise Password Vault, for the secure management of administrative, emergency and privileged user passwords. Cyber-Ark's Vaulting platform has been tested by ICSA Labs, an independent division of Cybertrust. ICSA is the security industry's central authority for research, intelligence, and certification testing of security products.
Cyber-Ark Software was founded in 1999 by a team of industry-recognized security experts with the aim of producing a truly effective security offering where complete end-to-end security was the initial, key design consideration rather than applied as an afterthought. Today, over 200 Global 1000 companies rely on Cyber-Ark Software's digital vault solutions for managing, sharing and securing highly-sensitive information both within their organization and with their partners, vendors and customers. Cyber-Ark Software is privately held and backed by some of the world's most successful venture capitalists, including Jerusalem Venture Partners, Seed Capital Partners (a SOFTBANK Affiliate), JP Morgan/Chase Partners and Vertex Management.
The company is located in Dedham, Mass. and on the World Wide Web at www.cyber-ark.com