Jatheon to Take Over Worldwide Operations of NorthSeas
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NOVI, MI and TORONTO, Jun 16 (MARKET WIRE) -- Jatheon Technologies, a leading provider of Plug n Comply(TM) email archiving appliances, today announced that it has reached an agreement to take over the ongoing operations and support of NorthSeas AMT, a global provider of email archiving software for appliance solutions. The new combined customer base will give Jatheon a much larger share of the emailing archiving market with additional distribution channels across the US, Europe, Africa, Australia, and Asia-Pacific. Both Jatheon and NorthSeas ranked in the Gartner Email Archiving Appliance Vendor report issued on January 16, 2009. According to the Gartner report, Jatheon held 2% of the worldwide market share, and NorthSeas had 8% market share at year-end 2008. "This agreement, coupled with our recently launched next generation PNC2 product line, significantly strengthens our position in the growing email archiving market," said Kieron Dowling, President and CEO of Jatheon Technologies. "We are pleased to be merging the NorthSeas operations into our rapidly expanding customer base and reseller network." In addition to this agreement, Jatheon is pleased to announce that Stephen Spence has been appointed to the Advisory Board of Jatheon. Stephen was the founder and CEO of NorthSeas, and brings a wealth of industry knowledge and contacts to the Jatheon team. About Jatheon Technologies Honored with Deloitte's Top 10 Companies-to-Watch Award, Jatheon Technologies is the designer, developer and marketer of Plug n Comply(TM), a family of network appliances that simplify archiving, indexing, retrieval and dynamic monitoring of corporate email and messaging data. Jatheon's Plug n Comply offering is an integrated appliance that is simple, secure and scalable, offering absolute control of confidential messaging data whether it is email or instant messaging. The Jatheon family of appliances enables organizations to meet and exceed the highest standards of regulatory compliance and corporate governance. Founded in 2004 with headquarters in Toronto, Ontario, and Novi, Michigan, Jatheon serves North America and Europe through its network of global business partners. For more information, please visit www.jatheon.com. Plug n Comply is a trademark of Jatheon Technologies, Inc. All other names, brands, or products may be trademarks or registered trademarks of their respective owners. About NorthSeas NorthSeas AMT was founded in 2003 to provide the global marketplace with simple and effective email management solutions. NorthSeas products are sold through a network of authorized resellers, distributors and OEM partners in fifteen countries, supporting North America, United Kingdom, continental Europe, and Australia, Africa, and Asia-Pacific regions. Contact Information: Jatheon Technologies, Inc. Kieron Dowling Email Contact 416. 840.0418 www.jatheon.com Copyright 2009, Market Wire, All rights reserved. -0-
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