Waka is pidgin language meaning 'walk while working' and stands analogously for: 'Do it!' - as in perform a task, and Barclay Technologies decided to break into the African market by signing an agreement with AdvanceNet Group in Sandton, South Africa, as the distribution partner for the African continent.
AdvanceNet has been implementing customer-centric solutions in Africa since 1987, and developed software solutions in over 30 African countries with clients in several industries such as mining, financial services, telecommunications, logistics and government.
Phil Hemsley, Managing Director of AdvanceNet Group, said: "The combination of ease of implementation and marginal administration effort without noticeable performance loss make this unique Swiss-made security software the perfect product for African companies looking for an affordable but highly secure solution for data loss prevention."
The African market promises an outperforming up-growth for the coming years. For the software sector, a yearly average growth rate in the double-digit area is forecast. By establishing an important pillar in this emerging market, a further milestone has been reached for the success story of Barclay Technologies.
“The African market is extremely challenging, and we at Barclay Technologies are pleased at having AdvanceNet, such an experienced distribution partner, for this emerging market,” said Rainer M Richter, CEO of Barclay Technologies Holding AG.
The agreement covers all of sub-Saharan Africa and the Indian Ocean Islands.
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AdvanceNet
In business for over 20 years, AdvanceNet has developed into a mature, multifaceted company offering sophisticated business solutions throughout Africa. The five elements that make up its offering are: Infrastructure Management, Customer Management, Financial Management, Performance Management and Mobility Management. Over many years, AdvanceNet's investment in people, intellectual property and best-of-breed brands, is the key differential embedded in 'value beyond technology'. This ability to deliver measurable business value is what makes AdvanceNet's offering more than simply a comprehensive suite of excellent software, hardware and network infrastructure products.
Barclay Technologies Holding
Barclay Technologies Holding, which is publicly traded on the Frankfurt Open Market (BT9), owns 100% of Barclay Technologies (Schweiz) AG in Urdorf, a strong performing and well established specialist for high-end encryption technology. The company has a solid 15-year track record in software development. With the product, Certus Lateo, a completely new safety standard of real-time data encryption and secure network communication has been created without affecting the network performance. Designed with a focus on easy implementation and administration, Certus Lateo provides added value, wherever data must be protected - regardless the size of a company or industry sector. The products of Barclay Technologies are sold exclusively through certified distributors and resellers.
Barclay Technologies Holding
Andr'e Martin, Investor relations
Baarerstrasse 45
CH-6300 Zug
Phone: +41 41 712 01 46
Email: ir@bthag.com
Web: www.bthag.com
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