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FireID geared for rapid growth following Cirrus Management Solutions partnership

Johannesburg, 13 May 2010

FireID, a world-class provider of strong two-factor authentication solutions, has announced its expansion into the UK market through a distribution partnership with Cirrus Management Solutions, a company that specialises in assisting technology vendors launch or grow their business in the UK. With Cirrus as its distributor, FireID is rapidly building a network of channel partnerships to deliver its solutions to UK enterprises.

“Authentication remains a critical issue for banks, e-commerce companies and enterprises, as hackers develop increasingly sophisticated methods of attack. Unfortunately, many organisations put sensitive data at risk by relying on inadequate solutions,” says Jenny Dugmore, CEO of FireID.

“By partnering with Cirrus to distribute FireID's mobile two-factor authentication solutions, we are providing companies in the UK with a powerful alternative to traditional authentication solutions that can help reduce online fraud.”

FireID, headquartered in Stellenbosch, Western Cape, provides authentication software that enables end-users to use their mobile phones to generate one-time passwords and securely log in to online banking, e-commerce Web sites, cloud-based applications and virtual private networks, without the need to remember multiple passwords or carry a hardware token. In addition, FireID's Transaction Verification Solution secures payments and transactions against sophisticated attack methods for thwarting two-factor authentication, including man-in-the-browser (MITB) attacks.

Cirrus assists technology companies in all aspects of business development and has been involved in FireID's sales and marketing strategy for the UK. With more than 30 years of global experience in IT security and networking solutions, services and distribution with direct and indirect enterprise and services providers, Cirrus has the expertise and connections required to help companies succeed in the market. Cirrus has been instrumental in securing partnerships for FireID with leading security and storage resellers and technical support providers.

“We see the a shift in the authentication sector that FireID is uniquely positioned to fill, as companies move away from hardware tokens and embrace the power and convenience of mobile applications to protect their customers and businesses from data theft,” says Mark Kacary, director at Cirrus Management Solutions. “No other company is as disruptive to this space as FireID and we see tremendous potential for both FireID and the channel in the UK market.”

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Editorial contacts

Usman Aly
Predictive Communications
(+27) 11 452 2923
usman@predictive.co.za