Cryptzone AB has today written a Memorandum of Understanding with Avira GmbH.

Both Cryptzone and Avira can see a number of potential synergies of a joint market approach. The technologies are complementary as well as the served customer segments. Avira would benefit from Cryptzone’s expertise and products in the area of encryption and email security, as well as Cryptzone’s sales channels into larger organizations and the government sector. Cryptzone will also be a contributor to Avira’s future product portfolio.
The joint product portfolio will be one of the best offered solutions on the global market.

The goal is for the negotiation to be finished no later than the 31st of January 2009.

"I see this opportunity as a step to increase the strength of our company and build our product portfolio to fully compete within the strong growing global market for Data Leak Prevention - DLP", says Peter Davin, CEO of Cryptzone. "Cryptzone gains a strong financial owner with its own complementary product line, with sales in Europe, Asia and America and a strong customer base consisting of over 60 million users. This opportunity will give Cryptzone a fantastic potential to reach out to new markets and customers, as well to our existing customers," says Per Svantesson, Chairman of the board, Cryptzone.