Information security start-up Beyond Security is about to close its first large deal in the US, with Rayovac. Under the estimated $100 000 contract, Beyond Security will install its product at Rayovac`s branches in Chicago and Germany.
The contract is a direct continuation of Beyond Security`s announcement of the opening of a Chicago representative office. The company recently announced it would enter the North American market by opening an office in California, a sales office in Canada and by a distribution agreement with Chicago-based Beyond IP. Beyond Security predicts it will achieve $3 million in sales in North America over the next two years.
In the first stage of its North American penetration, Beyond Security signed a distribution agreement with Chicago-based Beyond-IP, which will act as Beyond Security`s representative in the Midwest. Beyond IP handled the Rayovac contract. Rayovac, a manufacturer of well-known brands, including Varta batteries, is a Fortune 200 company.
Beyond Security CEO Aviram Jenik said: "The company expects further fertile activities and to establish itself in the American market. We hope to soon announce another deal with a Fortune 200 company in the area."
Beyond Security opened for business in July 1998 with the launch of its SecuriTeam security portal. The company develops and markets information security products and services, specialising in identifying and solving information security breaches and problems in servers, networks and products.
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