Commtouch Completes Acquisition of FRISK Software Antivirus Business
Poster: SySAdmin
Posted on October 2, 2012 at 5:14:01 AM
Commtouch Completes Acquisition of FRISK Software Antivirus Business
Acquisition allows Commtouch to accelerate delivery of advanced antivirus solutions featuring industry-leading detection capabilities
MCLEAN, Virginia, October 2, 2012 /PRNewswire/ --
Commtouch(R) (NASDAQ: CTCH), a leading provider of cloud-based solutions for security
companies and service providers, today announced it has closed the purchase of
Iceland-based FRISK Software International's antivirus business, as of October 1, 2012.
(Logo:
http://photos.prnewswire.com/prnh/20120501/529254 )
The acquisition dramatically accelerates Commtouch's antivirus roadmap and enables the
company to more quickly provide the most advanced antivirus technology utilizing the
combined resources of both organizations. It also helps support the launch of private
label antivirus solutions for the OEM and service provider markets while also enhancing
the company's SaaS capabilities.
Additionally, it also allows both companies to combine resources and support the
upcoming launch of version 7 of the F-PROT Antivirus product that features unrivaled
heuristic detection capabilities. The latest version of F-PROT Antivirus is set to feature
new capabilities that harness the specialties of both FRISK Software and Commtouch,
resulting in F-PROT's most advanced solution to date. It will also include rebranding
capabilities and multilingual support in eight languages.
"We're extremely pleased to announce the completion of our acquisition of FRISK
Software's antivirus business," said Shlomi Yanai, CEO at Commtouch. "This acquisition
illustrates our commitment to offering the latest protection technologies and the best
detection on the market. The operational synergies and key intellectual property that
FRISK Software brings allow Commtouch to accelerate its antivirus strategy and offer an
industry-leading private label antivirus application that both vendors and service
providers can use to differentiate themselves from competition. The acquisition of FRISK
Software is yet another example of how we're building an even stronger Commtouch with
unmatched expertise and clear growth prospects."
For more information on Commtouch, FRISK Software and the acquisition, visit
http://www.commtouch.com.
About Commtouch
Commtouch(R) (NASDAQ: CTCH) safeguards the world's leading security companies and
service providers with cloud-based Internet security services. Real-time threat
intelligence from Commtouch's GlobalView(TM) Cloud powers its Web filtering, email
security and antivirus solutions, protecting thousands of organizations and hundreds of
millions of users worldwide. Visit http://www.commtouch.com.
- Blog: http://blog.commtouch.com/cafe
- Facebook: http://www.facebook.com/commtouch
- LinkedIn: http://www.linkedin.com/company/commtouch
- Twitter: @Commtouch
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and
Commtouch is a registered trademark of Commtouch. U.S. Patent No. 6,330,590 is owned by
Commtouch. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements, including projections about
our business, within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. For example, statements in the future tense,
and statements including words such as "expect," "plan," "estimate," "anticipate," or
"believe" are forward-looking statements. These statements are based on information
available to us at the time of the release; we assume no obligation to update any of them.
The statements in this release, including those relating to a) the acceleration of
Commtouch's launch of an expanded range of antivirus solutions for the OEM market, and b)
the effect the transaction will have on Commtouch's SaaS capabilities, are not guarantees
of future performance and actual results could differ materially from our current
expectations as a result of numerous factors, including business conditions and growth or
deterioration in the Internet market, commerce and the general economy, both domestic as
well as international; fewer than expected new-partner relationships; competitive factors,
including pricing pressures; technological developments, and products offered by
competitors; the ability of our OEM partners to successfully penetrate markets with
products integrated with Commtouch technology; a slower than expected acceptance rate for
our newer product offerings; availability of qualified staff; and technological
difficulties and resource constraints encountered in developing new products, as well as
those risks described in the text of this press release and the company's Annual Reports
on Form 20-F and reports on Form 6-K, which are available through http://www.sec.gov.
Company Contact:
Ron Ela
Commtouch
650-864-2291
+972-9-8636813 (Int'l)
ron.ela@commtouch.com
Israel Investor Relations Contact:
Iris Lubitch
EffectiveIR
+972-3-5664007
Iris@EffectiveIR.co.il
ron.ela@commtouch.com
U.S. Investor Contact:
Christopher Chu
Grayling
+1-646-284-9400
commtouch@grayling.com
Commtouch Media Contact:
Matthew Zintel
Zintel Public Relations
+1-281-444-1590
matthew.zintel@zintelpr.com
Photo:
http://photos.prnewswire.com/prnh/20120501/529254
Photo:http://photos.prnewswire.com/prnh/20120501/529254
http://photoarchive.ap.org/
Commtouch
Acquisition allows Commtouch to accelerate delivery of advanced antivirus solutions featuring industry-leading detection capabilities
MCLEAN, Virginia, October 2, 2012 /PRNewswire/ --
Commtouch(R) (NASDAQ: CTCH), a leading provider of cloud-based solutions for security
companies and service providers, today announced it has closed the purchase of
Iceland-based FRISK Software International's antivirus business, as of October 1, 2012.
(Logo:
http://photos.prnewswire.com/prnh/20120501/529254 )
The acquisition dramatically accelerates Commtouch's antivirus roadmap and enables the
company to more quickly provide the most advanced antivirus technology utilizing the
combined resources of both organizations. It also helps support the launch of private
label antivirus solutions for the OEM and service provider markets while also enhancing
the company's SaaS capabilities.
Additionally, it also allows both companies to combine resources and support the
upcoming launch of version 7 of the F-PROT Antivirus product that features unrivaled
heuristic detection capabilities. The latest version of F-PROT Antivirus is set to feature
new capabilities that harness the specialties of both FRISK Software and Commtouch,
resulting in F-PROT's most advanced solution to date. It will also include rebranding
capabilities and multilingual support in eight languages.
"We're extremely pleased to announce the completion of our acquisition of FRISK
Software's antivirus business," said Shlomi Yanai, CEO at Commtouch. "This acquisition
illustrates our commitment to offering the latest protection technologies and the best
detection on the market. The operational synergies and key intellectual property that
FRISK Software brings allow Commtouch to accelerate its antivirus strategy and offer an
industry-leading private label antivirus application that both vendors and service
providers can use to differentiate themselves from competition. The acquisition of FRISK
Software is yet another example of how we're building an even stronger Commtouch with
unmatched expertise and clear growth prospects."
For more information on Commtouch, FRISK Software and the acquisition, visit
http://www.commtouch.com.
About Commtouch
Commtouch(R) (NASDAQ: CTCH) safeguards the world's leading security companies and
service providers with cloud-based Internet security services. Real-time threat
intelligence from Commtouch's GlobalView(TM) Cloud powers its Web filtering, email
security and antivirus solutions, protecting thousands of organizations and hundreds of
millions of users worldwide. Visit http://www.commtouch.com.
- Blog: http://blog.commtouch.com/cafe
- Facebook: http://www.facebook.com/commtouch
- LinkedIn: http://www.linkedin.com/company/commtouch
- Twitter: @Commtouch
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and
Commtouch is a registered trademark of Commtouch. U.S. Patent No. 6,330,590 is owned by
Commtouch. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements, including projections about
our business, within the meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. For example, statements in the future tense,
and statements including words such as "expect," "plan," "estimate," "anticipate," or
"believe" are forward-looking statements. These statements are based on information
available to us at the time of the release; we assume no obligation to update any of them.
The statements in this release, including those relating to a) the acceleration of
Commtouch's launch of an expanded range of antivirus solutions for the OEM market, and b)
the effect the transaction will have on Commtouch's SaaS capabilities, are not guarantees
of future performance and actual results could differ materially from our current
expectations as a result of numerous factors, including business conditions and growth or
deterioration in the Internet market, commerce and the general economy, both domestic as
well as international; fewer than expected new-partner relationships; competitive factors,
including pricing pressures; technological developments, and products offered by
competitors; the ability of our OEM partners to successfully penetrate markets with
products integrated with Commtouch technology; a slower than expected acceptance rate for
our newer product offerings; availability of qualified staff; and technological
difficulties and resource constraints encountered in developing new products, as well as
those risks described in the text of this press release and the company's Annual Reports
on Form 20-F and reports on Form 6-K, which are available through http://www.sec.gov.
Company Contact:
Ron Ela
Commtouch
650-864-2291
+972-9-8636813 (Int'l)
ron.ela@commtouch.com
Israel Investor Relations Contact:
Iris Lubitch
EffectiveIR
+972-3-5664007
Iris@EffectiveIR.co.il
ron.ela@commtouch.com
U.S. Investor Contact:
Christopher Chu
Grayling
+1-646-284-9400
commtouch@grayling.com
Commtouch Media Contact:
Matthew Zintel
Zintel Public Relations
+1-281-444-1590
matthew.zintel@zintelpr.com
Photo:
http://photos.prnewswire.com/prnh/20120501/529254
Photo:http://photos.prnewswire.com/prnh/20120501/529254
http://photoarchive.ap.org/
Commtouch