SatelliteSafe, a South African-based anti-virus satellite solution provider, will restructure to focus on its core business, and drop its general information security services. Its international operations could also face a shake-up.
This is according to Ian Melamed, chief technology officer, SatelliteSafe.
"SatelliteSafe is involved with international as well as local sites, and some of the international developments have not produced the anticipated results," he says. "You will find a lot less coming out of SatelliteSafe on general security," he adds.
According to staff at SatelliteSafe, salaries have been paid late for the second month in a row. One staff member says that, apart from the delay in salary payments, SatelliteSafe is running normally.
Melamed says the firm will not cut back on its staff, and is looking for more employees. "You don't cut back on specialists." The company employs around 35 staff members.
The company finished development on its product in March - at a cost of R6.8 million - and is still to see a profit.
Melamed says he has had offers from US- and Ireland-based companies to buy the technology, which protects companies from viruses through a satellite distribution system, but adds that he would only accept the offers "as a last resort" as he wishes to keep the technology in SA.
Although his clients remain anonymous, Melamed says he has customers in the healthcare, banking, mining and government market sectors. The company is expected to shortly announce details of an agreement it signed with Symantec on 29 May.
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