Citadel Computer Systems acquires competitor Kent-Marsh; established new desktop software division.DALLAS--(BUSINESS WIRE)--Aug. 20, 1996--Citadel Computer Systems Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : NOFF NOFF Net Operating Funds Flow ), a market pacesetter in network security software, announced today that it has acquired for cash and stock Kent-Marsh Ltd. Inc. and Astonishing a·ston·ish tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es To fill with sudden wonder or amazement. See Synonyms at surprise. Developments Inc., the acknowledged industry leaders in cross-platform desktop security software for Windows and Macintosh operating systems. Citadel previously announced that it had signed a letter of intent to acquire Astonishing Developments Inc. "With Kent-Marsh on board, Citadel enhances its leadership position in network and desktop security," said Steven B. Solomon, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Citadel. "By expanding our expertise across platforms -- indeed, over the entire spectrum of computer users -- this acquisition furthers Citadel's goal to provide complete solutions for all our customers' security needs. So from the individual with one home PC to the networked multinational corporation multinational corporation, business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. , Citadel has all the bases covered. Marketing legend Victor Kiam Victor K. Kiam (07 December 1926 - 27 May 2001) was a famous American entrepreneur and the owner of the New England Patriots from 1988-1991. After attending such universities as Yale, the Sorbonne and Harvard Business School, Kiam became part of the Lever Brothers and , who recently joined our board of directors, now has an even stronger consumer product line to leverage." "Kent-Marsh has time-proven, award-winning products, shelf-presence and a large and loyal customer base," noted Vance Nesbitt, chief executive officer of Kent-Marsh. "We are bringing to Citadel our entire management team with over a decade of expertise and strong long-term channel relationships. The addition of these assets to Citadel, already a leader in the security software industry, creates an instant powerhouse in the market." Nesbitt, a seasoned security software industry veteran, has been appointed chief technology officer of Citadel's newly formed Desktop Software Division. Since its founding in 1984 Kent-Marsh has consistently provided the industry's best-selling desktop products, such as WinShield, FolderBolt and NightWatch, to address the growing privacy and configuration protection needs of personal computer users. Kent-Marsh has established relationships with the industry's preeminent software distributors, as well as extensive bundling and market-specific program collaborations with such giants as Microsoft, Compaq, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Ingram and Apple Computer. Solomon said that Kent-Marsh is nearing release on a variety of easy-to-use network tools directed at supporting Microsoft's Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. platform. In addition, the company has signed an agreement with Microsoft to localize lo·cal·ize v. lo·cal·ized, lo·cal·iz·ing, lo·cal·iz·es v.tr. 1. To make local: decentralize and localize political authority. 2. certain of its products for European distribution. Citadel Computer Systems is a developer and marketer of computer software products, broadly characterized as network and PC security and management utilities and software management tools. Its products, including NetOFF, ServerSentry and Phantom of the Console, are designed to better manage and provide additional security to local area networks using Novell and Microsoft network software and now, through the Kent-Marsh product line, to individual PCs as well. CONTACT: Citadel Computer Systems Inc. Steven B. Solomon, COO 214/520-9292 http://www.citadel.com or Warren J. Cavior 212/687-6070 caviorg@aol.com |
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