GuestTek International, Inc.'s Subsidiary Targets Increasing Its Market Share In The Multi-Billion Dollar Software Security Market
LONDON, March 18 /PRNewswire-FirstCall/ -- GuestTek International, Inc. (Pink Sheets: GESM) is pleased to announce that the Company's wholly owned subsidiary EnableTS is targeting to increase its market share in the $13.5 billion software security market with the release of the latest upgrades to its EnableTS software. The worldwide market revenue for security software increased from $11.3 billion in 2007 to $13.5 billion in 2009, according to analysts from Gartner, driven by increasing compliance demands and a rising market for appliance-based products within sectors such as email security and secure web gateways.
EnableTS includes new features and functionality, which will allow EnableTS to gain new customers around the world who have already deployed Microsoft Windows R2. EnableTS now pulls through Users and Groups from the Microsoft Active Directory. The upgraded software allows system administrators to easily create 'cloud based policies' for mail based on their own network security groups. For example, call center users can be in one group, management in another, with different policies applied to each group so that call center staff can't send credit card numbers, and management email can send sensitive data that is secure. The Company plans to continue the development of its products in line with Microsoft's operating systems, which controls 97% of the operating system market according to OneStat.com.
"We are excited about the new added features and functionality in our latest version of EnableTS email management software solution. The upgrades to our software will allow Service Providers to have an edge over their competition in the market, such as Cloudmark, who doesn't provide this level of Microsoft integration," stated David Lovatt, CEO of GuestTek International, Inc. The new enhancements to our software will allow EnableTS to gain new customers and upgrade existing ones in the growing multibillion dollar email management software solutions market."
For more information on Microsoft Windows Server R2, please visit: www.microsoft.com
The Company recently announced it has filed for a name and symbol change with FINRA to better reflect the Company's business model and strategy. Cloud Centric Systems, Inc. will be the new name and will specialize in cloud based technologies that use the Internet to deliver business critical applications via a global network of partners. The current management team will remain on board as the Company continues to seek out and evaluate acquisition candidates in the $160-billion "cloud computing" market (according to Merrill Lynch).
About GuestTek International:
GuestTek International specializes in cloud based technologies that use the Internet to deliver business critical applications via a global network of partners. GuestTek International plans to grow via strategic acquisition over the coming 12 months as well as strong sales through its subsidiary, Enable Software Ltd.
Enable Software Ltd., a European based email management software solutions company, works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Their solution covers everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity.
For more information, please visit www.guesttek-inc.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
SOURCE GuestTek International, Inc.
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