London, UK - September 26, 2007 - Tumbleweed® Communications Corp. (NASDAQ:TMWD), an industry leader in managed file transfer and content security, today announced that Mazars, the international accountancy and advisory firm, has gone live with its managed file transfer solution, SecureTransport™. The solution’s scalable and single platform will enable Mazars to enhance its customer service by sending and receiving electronic documents securely over a variety of open standard protocols while continuing to boost its customer base.
As Mazars exchanges highly sensitive and valuable information with its large, global financial services clients, its existing security solutions were becoming too complex and outdated to meet its transaction reporting needs. Mazars required an open-standard, industrial strength security solution sitting at the perimeter of its organisation to provide a single point of administration and enforcement of its security policies in this area. Leveraging the existing technology, it was critical that the chosen solution could meet the strategic objectives and support the existing customer base while facilitating the adoption of new customers.
David Cross, Director of IT at Mazars, said: “With our clients, a ‘one size fits all’ approach won’t work – flexibility and scalability are extremely important in the choice of a managed file solution. Tumbleweed’s solution enables us to streamline the reporting processes and this has eased our operational burden. It also means that we can enhance services to existing customers and still be flexible enough to continue providing a customised service to new ones. Having SecureTransport in place to manage, link and audit transactions means that we can scale our IT resources more efficiently as the business grows.”
Mazars selected Tumbleweed’s SecureTransport following an in-depth evaluation process. Not only does the solution provide the most secure, reliable, manageable and auditable file exchange, Tumbleweed’s experience and expertise of managed file transfer within the financial sector was also a deciding factor for Mazars. Tumbleweed products are used by at least 8 of the top 10 U.S. banks and leading UK banks.
Craig Whitney, Managing Director of EMEA at Tumbleweed, said: “Many organisations like Mazars come to us with the issue of a complex home-grown file transfer infrastructure that no longer corresponds to their needs. With SecureTransport, organisations can leverage their IT investment because the solution easily integrates with the existing IT infrastructure. The solution will enable IT Administrators at our customers, including Mazars, to gain control of multiple and diverse departmental file transfer solutions while ensuring application reliability, maintaining end-to-end security, and keeping IT costs in check.”
SAFE HARBOR STATEMENT
Tumbleweed cautions that forward-looking statements contained in this press release are based on plans and expectations as of the date of the press release, and that a number of factors could cause the actual results to differ materially from the guidance given at this time. These factors are described in the Safe Harbor statement below.
Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, particularly with respect to the continued use of SecureTransport by Mazars, as well as the functionality, scalability and flexibility of SecureTransport. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. For further cautions about the risks of investing in Tumbleweed, we refer you to the documents Tumbleweed files from time to time with the Securities and Exchange Commission, particularly Tumbleweed’s Form 10-K filed March 14, 2007 and Form 10-Q filed August 7, 2007.
Tumbleweed assumes no obligation to update information contained in this press release. Although this release may remain available on Tumbleweed’s website or elsewhere, its continued availability does not indicate that Tumbleweed is reaffirming or confirming any of the information contained herein.
About Mazars
Mazars LLP is the UK firm of Mazars, an international, integrated and independent firm that specialises in providing audit, accounting, tax and advisory services. Mazars works with a wide range of clients including international corporate groups and listed companies (including 17% of the FTSEurofirst 100), owner-managed businesses (some of the UK's fastest growing entrepreneurial businesses according to Fast Track 100) and numerous private individuals. More information can be found at www.mazars.co.uk.
About Tumbleweed
Tumbleweed Communications Corp. (NASDAQ:TMWD), the industry’s leading pure play messaging security vendor, provides world-class innovative messaging security solutions for organizations of all sizes. Organizations rely on Tumbleweed's solutions to securely manage their Internet communications, spanning email management to file transfers. Tumbleweed has more than 2,900 customers worldwide, representing industries such as Finance, Healthcare, and the U.S. Government. The world’s most security conscious organizations rely upon Tumbleweed technology including Bank of America Securities, JP Morgan Chase & Co., the U.S. Food and Drug Administration, and the U.S. Department of Defense. Our award-winning products build on fourteen years of R&D and 27 security patents in the U.S. alone – many of which are licensed by other security vendors. More information can be found at www.tumbleweed.com.
Tumbleweed, the Arrows logo and SecureTransport are either registered trademarks or trademarks of Tumbleweed Communications Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners.
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