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Chrysalis-ITS Expands Sales Operations in Asia, Europe and North America.


Business Editors

OTTAWA--(BUSINESS WIRE)--Nov. 6, 2002

Internet Security ''This article or section is being rewritten at

Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software.
 Specialist Continues Growth with New

Appointments and Offices in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Germany, 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
, and

California

Chrysalis-ITS, a leading provider of hardware security modules (HSMs) for electronic business applications, has expanded its operations worldwide, with the appointments of new sales personnel and new office openings in Hong Kong; Munich, Germany; New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
; and Silicon Valley, California.

"Our expansion into these regions is in response to the growing demand for Chrysalis-ITS products and further strengthens our position as a leader in security hardware solutions," said Steve Dow, Vice President of Sales at Chrysalis-ITS. "Our new offices are served by seasoned sales and field engineering staff with focused security expertise. The opening of these new offices is part of our ongoing initiative to align our business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets  with those of our largest and most important customers and partners"

"Steve Dow has done an exceptional job identifying regional growth opportunities for Chrysalis-ITS and establishing a local expert team in each area to significantly expand the penetration and market share for our solutions," said David Longbottom, President and 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. , Chrysalis-ITS. "Some of our largest customers and key partnerships are headquartered in Silicon Valley. In New York we will deliver heightened focus on the financial sector, while capitalizing on the steady growth of e-business security requirements in Hong Kong. In Europe, a key growth market for the company, we are pleased to provide a local presence in Germany to enable us to better serve our customers and partners in that region."

Chrysalis-ITS products continue to be widely deployed as critical components for advanced security applications particularly within financial institutions, government agencies, service providers and large enterprises. The company has also invested heavily in development activities, and is introducing new solutions for aggregating and sharing HSM (1) (Hierarchical Storage Management) The automatic movement of files from hard disk to slower, less-expensive storage media. The typical hierarchy is from magnetic disk to optical disc to tape.  services across a network, as well as securely managing large numbers of online identities.

About Chrysalis-ITS

Chrysalis-ITS is a leading vendor of hardware security products to secure and accelerate applications including electronic financial transactions, SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. , smart card issuance, document security and digital identity management. The company is revolutionizing hardware security with a line of appliances that dramatically simplify the deployment of secure applications. Chrysalis-ITS products power security solutions deployed to customers spanning the world's leading financial institutions, service providers, and government agencies. Chrysalis-ITS products are delivered through a global network of distributors and value-added resellers. Founded in 1994, Chrysalis-ITS is headquartered in Ottawa, Canada, with regional offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Asia. The company website is www.chrysalis-its.com.

Chrysalis-ITS, Chrysalis-ITS logo, Luna, and Ultimate Trust are trademarks or registered trademarks of Chrysalis-ITS Incorporated. All other trademarks mentioned herein are property of their respective trademark owners.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 6, 2002
Words:448
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