Bharosa Expands Distribution in Asia Pacific Through Agreement With Leading Global Information Security Services Firm, Mahindra Special Services Group.

SANTA CLARA, Calif. -- Bharosa, Inc., a global provider of secure multifactor online authentication solutions, today announced an agreement with Mahindra Special Services Group under which Mahindra SSG will license Bharosa Authenticator and Bharosa Tracker products and retain exclusive rights to implement the Bharosa product line within Mahindra SSG's worldwide customer base. Mahindra SSG plans to use the Bharosa software to implement online authentication security services for its worldwide clients.

Mahindra SSG is the information security technology consulting business of the $3.2 billion conglomerate Mahindra & Mahindra, headquartered in India. The Group has international offices and leading market share in Asia Pacific markets. Its services safeguard multinational corporations and financial institutions, in addition to protecting the interests of global companies in the Asia Pacific region.

"Bharosa's software will enhance the information services security solutions we offer our customers in the Asia Pacific region," said Raghu Raman, CEO of Mahindra SSG. "US and European companies who outsource their operations to the Indian sub-continent may also rely on the added protection of Bharosa's cutting-edge technology, coupled with the deep expertise of Mahindra SSG in the domain of information security consulting."

Bharosa plans to increase its distribution and market penetration in Asia Pacific by adding Mahindra SSG to its worldwide network of partners who can deliver services to an expanding global customer base. "Mahindra SSG is a dominant and highly respected information security services firm in the Indian market," said Bharosa president and CTO Thomas Varghese. "This agreement will enable Bharosa to provide our customers with additional resources they can rely upon to expand and scale their Internet businesses securely in the Asia Pacific markets."

About Bharosa

Bharosa, Inc. is a privately held company founded in May 2003 and headquartered in Santa Clara, California. Bharosa offers online security solutions to protect against the rising risks of Phishing, Trojan and Proxy-based fraud. Patent-pending Tracker and Authenticator products offer purely Web-based, multifactor authentication and online fraud monitoring and detection. More information about Bharosa is available at www.bharosa.com.