CyberArk Bolsters Channel Partnerships in the Americas

April 6, 2011

NEWTON, Mass. – April 6, 2011 – Cyber-Ark® Software, the leading global information security provider for protecting and managing critical applications, identities and sensitive information, today announced new channel partnerships in the United States, Mexico and South America. These new relationships with value added resellers (VARs) including Action Systems (Brazil), ARAME/Grupo Scanda  (Mexico) and SOS Security (Texas) further expand Cyber-Ark’s reach in these key regions while driving adoption of comprehensive Privileged Identity Management and Governed File Transfer solutions to solve global IT security and compliance requirements.

The new partnerships come on the heels of Cyber Ark’s recent recognition by CRN magazine as a 2011 “Need to Know: Emerging Security Vendor.” According to the publication, the list of 10 emerging vendors and their channel chiefs identifies opportunities for resellers to round out their product offerings in interesting and innovative ways.

“Our customer base, primarily in South America, spans multiple industries including financial services, government and health care. However, they all have a common set of IT security goals centered around the need to get out ahead of new compliance requirements while strengthening internal controls for how data is accessed, shared and stored,” said Edson Santos Jr., CEO, Action Systems. “With Cyber-Ark, we can easily scale our offerings in areas such as identity and access management, and we are better prepared to meet the emerging security and audit needs of our customers, particularly those operating in increasingly virtualized environments.”

Cyber-Ark’s global authorized channel partners benefit from complimentary sales and technical training, not-for-resale (NFR) software, participation in joint field marketing demand generation activities, sales referrals and leads. Cyber-Ark partners are further differentiated from their competitors by representing proven, market-leading Privileged Identity Management and Governed File Transfer technologies.

“The strength of our channel partnerships continues to be a strong driver of global sales and revenue growth for Cyber-Ark, particularly as partners face increasing business demand for proven continuous monitoring and continuous compliance solutions,” said Richard Weeks, vice president, business and channel development, Cyber-Ark Software. “We are proud to continue to expand our program with the announcement of new partners that serve nearly all highly-regulated market segments and Americas geographies including Canada, Mexico, Central and South America.”