Business
Digital Info Security Company (OTC Pink Sheets: DGIF) Executes Asset Purchase Agreement with BeCompliant Corporation for the Purchase of its SecurScan Email Compliance Technology and Customer Base
Digital Info Security Company (OTC Pink Sheets: DGIF) Executes Asset Purchase Agreement with BeCompliant Corporation for the Purchase of its SecurScan Email Compliance Technology and Customer Base.
About this update from D7 Enterprises Inc
[{"type":"text","content":"Digital Info Security Company (DISC) is pleased to announce that it has executed an asset purchase agreement with BeCompliant Corporation (BCC) to purchase its SecurScan email archiving and compliance business. \n\nThe purchase includes BCC's SecurScan software, code and customer base. Current SecurScan customers, including several large financial services, banking and insurance firms representing over 10,000 email archiving users, will benefit from the enterprise support structure that DISC already has in place as a hosted solutions provider. \n\nDISC and BCC also signed a software licensing agreement, which allows DISC to offer additional options to users of DISC's PolicyBridgeII? email solution, including SecurWrap API content filtering and SecurServer email encryption software. This integrated solution for email surveillance, compliance, archiving and encryption can be offered as a hosted, managed, or an appliance solution, depending on the needs and infrastructure of a given organization.\n\nThe SecurScan acquisition is another step forward for DISC in becoming a consolidator in the email compliance market. DISC purchased FLI Technologies, an email archiving and service group in 2005, and DISC purchased PolicyBridge? email compliance technology and associated customer base from Patron Systems in 2007.\n\nFor additional information about this announcement, contact DISC at 866-841-5970 or visit http://www.disecurityco.com and http://www.restorerex.com. \n\nABOUT DIGITAL INFO SECURITY COMPANY\nDISC is an Automated Service Provider (ASP) that provides outsourced IT services such as Remote Backup, Email/Instant Message Archiving & Compliance, Electronic Discovery, Email Encryption, Encrypted Online File Storage and other IT solutions to all sizes of businesses.\n\nABOUT BECOMPLIANT CORPORATION\nBeCompliant solutions enable enterprises to ensure compliance with regulations and protect themselves against intellectual property or business critical data leakage. \n\nSAFE HARBOR STATEMENT\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Terminology such as \"anticipate,\" \"believes,\" \"estimate,\" \"may,\" \"intend,\" \"expect,\" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ...