Aladdin Establishes New Subsidiary in the Netherlands.NEW YORK--(BUSINESS WIRE)--March 29, 1999--Aladdin Knowledge Systems Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALDN), a leading provider of digital content security solutions, today announced the establishment of its fifth wholly-owned subsidiary, Aladdin Knowledge Systems Aladdin Knowledge Systems NASDAQ: ALDN is a company that provides solutions for software digital rights management and Internet security since 1985. Its corporate headquarters are located in Tel Aviv, Israel. BV (AKS BV), to offer the full range of Aladdin's products in the Netherlands. AKS BV was created as a result of Aladdin's acquisition of eSafe Technologies Inc, and its Dutch subsidiary in December of 1998. AKS BV will begin its sales and services on April 1, 1999 and will use its strategic location in the heart of Europe to reinforce Aladdin's position as the number-one provider of digital content security solutions in this multi-billion dollar market. "We have decided to base the supply, sales and support of all Aladdin's products in the Netherlands and Belgium in one office," said Aladdin CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President, Yanki Margalit. "There is an excellent professional team already in place there, and by distributing our software protection and Internet security products directly through an Aladdin subsidiary we can guarantee the highest level of quality, reliability and security for our customers." Peter van Ruiten Aladdin BV General Manager added: "The demand for software, content and Internet security related products is growing rapidly and our intention is to keep Aladdin's products in the forefront of this market." About Aladdin: Aladdin Knowledge Systems Ltd. (NASDAQ/NMS: ALDN) is a global leader in the field of Internet and digital content security. Aladdin's products include: HASP (Houston Automatic Spooling Program) A mainframe spooling program that provides task, job and data management functions. HASP - Houston Automatic Spooling Program and Hardlock, token-based software security systems that ensure license compliance and provide innovative marketing and distribution solutions for software and digital content publishers; Privilege, a comprehensive Internet-ready software licensing tool for developers; eToken for Internet security and authentication; and the award-winning eSafe line of anti-vandal, anti-virus and content filtering software for Internet-connected networks and PCs. Aladdin, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. company, has offices throughout the United States and the world including Seattle, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago, the United Kingdom, the Netherlands, Germany, Japan, and Israel as well as over 40 distributors serving more than 100 countries. For more information, visit the Aladdin home page at www.aks.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion