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SecurePipe Completes Acquisition of mailMAX |
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Integration of Award Winning Email Security Management Service Expands
Client Base and Accelerates Development of Managed Email Security
Services
Lincolnshire, IL — August 26, 2005 — SecurePipe, a leading provider of
managed network security services today announced it has completed the
acquisition of Mycom's mailMAX Managed Services Division and the
mailMAX email management technologies from the Mycom Group, Inc., a
technology products and professional services reseller and software
development company whose stock is traded on the over the counter
market (OTCBB:MYCM).
"We are pleased to complete this acquisition and excited about the
opportunity mailMAX offers us," commented Art Roldan, CEO of
SecurePipe. The transaction to execute this acquisition was completed
six weeks following the letter of intent announced on July 15th.
As part of the agreement between the two companies, SecurePipe has
acquired the mailMAX technology, assumed responsibility for delivery of
managed services to clients and has retained key personnel. Mycom
will distribute mailMAX managed services operating as a SecurePipe
resale partner and focus on its other businesses.
"Our entire organization has been working to prepare for a smooth
transition," said Roldan. "With this acquisition we have
increased the number of managed service clients under contract and
acquired state of the art technology which will be quickly adopted to
enhance our existing services. Furthermore, we will accelerate
the research and development already underway to expedite the launch of
encryption, archiving and compliance solutions that will help position
SecurePipe to compete for a larger share of the growing market for
services that help address the escalating regulatory compliance
requirements affecting so many organizations," concluded Roldan.
"I am confident that mailMAX clients will be pleased with the
transition to SecurePipe," said Rob Bransom, Mycom's CEO.
"SecurePipe is well positioned to realize the potential of this
technology. We look forward to helping them develop the mailMAX
franchise as their partner here in the tri-state region," said
Bransom.
The acquisition of mailMAX, which was recognized earlier this year as a
recipient of the CRN Test Center Award, helps establish SecurePipe as a
leading provider in the growing market for secure managed email
services. With the completion of this transaction, an integrated suite
of SecurePipe mailMAX services will be made available to all new
customers as well as to existing SecurePipe clients.
SecurePipe's mailMAX Email Security Management services will now
feature an integrated, customizable suite of solutions that include
virus blocking and outbound filtering as well as spam prevention, an
encrypted email option, along with archiving and compliance services
slated for release later this year. Other SecurePipe managed service
categories include Intrusion Detection, Firewall Lifecycle Management,
along with related firewall services such as Intrusion Prevention, VPN,
Web Content Filtering and Remote Access Control as well as Security
Monitoring and Vulnerability Testing Services.
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About Mycom Group, Inc.
The Mycom Group, Inc. is a technology solutions and professional
services provider to businesses and organizations throughout North
America. It markets a wide range of software, hardware,
enterprise solutions and technology services. Mycom develops and
markets new applications and services using the mycomPRO® brand name,
and as a private label. Mycom, headquartered in Cincinnati, Ohio,
is on the web at www.mycom.com.
For more information, please contact: Mycom Group Investor Relations pr@mycom.com
About SecurePipe
SecurePipe delivers managed network security services to financial
institutions and distributed enterprises wrestling with escalating
regulatory requirements. A best of breed blend of disciplined
process, expert people and proven technology underlies SecurePipe's
comprehensive suite of managed services which are delivered from its
state of the art network operations center staffed 24x7x365 by security
engineers. No other managed network security service offers a
comparable breadth and depth of services at such an affordable
price. Please visit SecurePipe at www.securepipe.com.
For more information, please contact: SecurePipe: Jim Brintnall at 847.940.0025 or jbrintnall@securepipe.com
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