NICHE KONSULT JOINS PANDA SECURITY IN CELEBRATING 18 YEARS OF CUTTING-EDGE CYBER SECURITY

The global security vendor comes of age.

July 14, 2008 – Abuja, Nigeria – This week Panda Security celebrates its 18 birthday. Panda was set up in 1990 as a small Spanish company to cater for the security needs of the local market against the few viruses that existed at the time. However, shortly after, Panda started an ambitious expansion plan that transformed it into a global company. It entered the South African market space in 2006.

“Panda Security is the leading European security software company and the fourth worldwide,” says Jeremy Matthews, head of Panda’s sub-Saharan operations. “We are present in 56 countries; with clients in over 200 markets; and products translated into 23 languages.”

In 2007, the company changed its name, from Panda Software to Panda Security, to better reflect its commitment to offering global security. Moreover, notable investment groups, such as Investindustrial and Gala Capital, and later HarbourVest Partners and Atlantic Bridge Ventures, entered the company’s share capital.

Panda Security has been able to adapt through all this time to the changing malware situation – from the early years when there were just a few viruses created by young programmers craving notoriety to the appearance of Internet mafias whose only objective is to steal money. The company has always offered an effective response to users’ protection needs. .

Now the company manages once more to stay one step ahead of cyber-crooks with its “Collective Intelligence” security model. .

“Throughout these 18 years we have managed to stay one step ahead of cyber-criminals,” says Matthews. “The company has always been committed to innovation and is a visionary, staying at the vanguard of the IT security market. This translates into revolutionary technologies and security models that we offer our clients through our solutions”.

Panda Security has always been aware of the importance of informing users of the need for computer security, taking part in initiatives such as the Internet Security Campaigns organized by the Spanish Association of Internet Users or, more recently, the Infected or Not campaign (http://www.infectedornot.com ), which aims to raise awareness among users about the current malware situation.

About PANDA SECURITY

Panda Security is Europe's leading IT security company, and ranks fourth in the industry worldwide.

Our mission is to keep our customers' information and IT assets safe from security threats, giving them the most effective protection with minimum resource consumption.

Panda Security proposes a new security model, designed to offer a robust solution to the latest cyber-crime techniques. This model is centered on a series of acclaimed and innocative protection technologies that stay one step ahead of threats and proactively prevent all types of attacks.

Founded in 1990, Panda had a revenue of US$ 141 million in 2006 and has a solid financial background thanks to the participation of major investment groups, such as Investindustrial, Gala Capital, HarbourVest and Atlantic Bridge, in its share capital.

With Panda Security's vocation to global protection, Panda Security is present in 54 countries, and have 1,500 employees, products translated into more than 20 languages and 2.5 million customers worldwide.

For more information, please visit http://www.pandasecurity.com

About Niche Konsult

Niche Konsult is an information technology security firm with expertise in content, messaging, network and web application security. Niche Konsult provides software and solutions that help individuals, small and medium size businesses, large companies and governments optimize and secure their information technology infrastructure.

For more information, please visit http://www.nichekonsult.com. Contact/Enquiries about this news item, please contact Emem Akpan on 23495240555 or email info@nichekonsult.com.

All product and company names herein may be trademarks of their respective owners.

Contact Niche Konsult

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