PortWise - PortWise bullish on India admitting slowdown

PortWiseStore this angel in big sizeStockholm, Sweden - January 6, 2009 - PortWise, the arch aggregation aural Identity and Access Management for the adaptable enterprise, today appear that it intends to get advancing in India and crop abounding allowances of its accord with Saab.

PortWise active an automated co-operation acceding with Saab about it’s belvedere for defended acceptance and able authentication, which will be offered by Saab as allotment of it’s Civil Security businesses, in September endure year. Saab aswell invested in the aggregation and now has an 18.75 % buying in PortWise. Saab, through Saab Ventures, and PortWise CEO Mikael Jacobsson, calm with the better absolute sha¬reholders, Scope, Verdane and DFJ Esprit, will accommodate cogent amplification basic to PortWise.

PortWise has captivated a able position on the European market, and with the abetment of a able abiding automated accomplice like Saab, this position has been added strengthened. By alive added focus to distributors and resellers, PortWise has managed to calibration up its bazaar penetration, acquirement advance and profitability.

In the advancing months, PortWise affairs to aggressively aggrandize its operations in India, acceleration it’s aggregation and advocacy it’s arrangement to serve Asia's third better economy. Also on cards is a abutment and development centre.

”India is a actual important bazaar for us and we apprehend double-digit advance in revenues on an anniversary base for the next brace of years. PortWise has over 100 ample action barter in India and has added adequate its position on key segments of the Indian market, abnormally aural the cyberbanking and accounts industry bagging accounts like Aviva, ICICI Bank, ICICI Prudential, Yes Bank, Max New York Life to name a few. '' says Mikael Jacobsson, CEO of PortWise, during his approved appointment to India.

Talking about the all-around arrest and it’s appulse on India, Mikael Jacobsson, added “India will not be absolutely abandoned to what is accident globally, about we accept the appulse will not be as dramatic. PortWise expects India’s able-bodied bread-and-butter advance will abide admitting the uncertainties adverse added all-around markets.”

About PortWise
Trusted Identity and Access Management specialist PortWise, provides a comprehensive, chip and defended software belvedere attention the candor of employee, partner, or chump interactions with accumulated applications and abstracts above the internet. PortWise enables organizations to assure the candor of their systems with convenient, low-cost, adaptable two-factor authentication, and all-embracing accessory security. In a apple ridden with character annexation and accumulated espionage, PortWise protects over 1500 organizations and 15 actor users.

For added information, amuse contact;
PortWise
Kaushik Thakkar
VP Sales and Strategic Alliances
E-mail: Kaushik.thakkar@portwise.com
Phone: +1 650 703 1430