MCLEAN, Virginia, October 2, 2012 /PRNewswire/ --
Commtouch® (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® (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™ 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
SOURCE Commtouch