CyberPoint and Appin Conclude Product Development Deal
Innovative Mobile Security Solution
Expected to Make an Impact in US Markets
NEW DELHI, Dec. 2, 2011 — CyberPoint International, LLC, a global provider of cyber security products, solutions, and services, and Appin Security Group, a leading global information security solutions and training provider, announced today they have signed an agreement to jointly develop new enterprise-level security solutions for mobile devices. Building on the collective strengths of their existing products and services, Baltimore based CyberPoint and New Delhi based Appin will collaborate on critical research and development aimed at filling some of the critical enterprise-level security gaps in the commercial mobile marketplace.
"We are very excited by the opportunity to work with Appin to tackle some of the enterprise security challenges in the mobile marketplace." said Karl Gumtow, CEO of CyberPoint, "We see extraordinary opportunities ahead for both companies, for Baltimore, and for the state of Maryland."
The deal is expected to create new jobs in both Baltimore and New Delhi as well as generate new revenue opportunities valued at $10 M.
About CyberPoint International, LLC
CyberPoint delivers innovative, leading-edge cyber security products, solutions and services to customers worldwide. We discover the threats and vulnerabilities that expose data, systems, and infrastructure to compromise and design defenses that provide critical protection. Our approach is tailored to meet the individual needs of our customers, reduce risks, and to ensure ongoing protection in a world of continuously emerging cyber threats. At CyberPoint, we are always learning, exploring, and looking for new ways to put our knowledge and experience to work. We seek out hard problems, develop new products and solutions, and are driving innovation in the field of cyber security.
CyberPoint is dedicated to advancing the discipline of cyber security through imagination, technical excellence, and an unparalleled passion for our work. Employing world-class engineers, mathematicians, computer scientists, and other industry experts, CyberPoint supports a broad array of commercial and government customers.
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