Protegrity Boosts European Operations With New Office in Germany

STAMFORD, CT and HAMBURG, GERMANY--(Marketwire - Feb 21, 2012) - Protegrity USA, Inc. a leading provider of end-to-end data security solutions, today announces continued expansion of its European operations with the opening of a new office in Hamburg, Germany. With the recent tightening of breach notification requirements and other data protection mandates, the move will solidly position Protegrity to capitalise on the increased interest throughout the region in its encryption- and tokenization-based data security solutions.

Markus Meissner, who recently joined Protegrity to head sales operations across Central and Eastern Europe, will head the German office in Hamburg. The office will serve as headquarters for the region, complementing the company's Western Europe headquarters in the United Kingdom to provide comprehensive coverage of the world's largest IT market.

"As the EU overhauls its data breach disclosure policies, organisations are actively ramping up their protection infrastructure to secure sensitive data and circumvent breaches in the first place," said Suni Munshani, CEO of Protegrity. "Protegrity is moving aggressively to extend our global vision and strategy around our tokenisation technology. Markus is an exceptional executive and will add significant depth to the team as we push forward in Europe both with direct sales and our close work with Teradata."

"European organisations realise the regulatory penalties for a data breach add up to a steep tax on poor data security practices and they are moving quickly to avert compromising situations," said Markus Meissner. "Protegrity's tokenisation delivers the most practical, cost effective and air-tight technology for protecting sensitive, personally identifiable data at every point across the customer lifecyle; the sharply rising interest in our solutions will only increase over time."

Meissner, a seasoned sales professional with more than two decades experience developing go-to-market strategies and channel partnerships as well as driving revenue, joined Protegrity in January 2012. Prior to joining Protegrity, Meissner held leadership positions at INFO AG, Microsoft and McAfee among others.

About Protegrity
Headquartered in Stamford, Conn., Protegrity provides high performance, infinitely scalable, end-to-end data security solutions that protect sensitive information across the enterprise from the point of acquisition to deletion. The company's award-winning software products span a variety of data protection methods, including end-to-end encryption, tokenisation, masking, and monitoring and are backed by several important data protection technology patents. Currently, more than 200 enterprise customers worldwide rely on Protegrity's comprehensive data security solutions to enable compliance for PCI-DSS, HIPAA and other data protection mandates while protecting sensitive data, brand, and business reputation. For more information, please visit http://www.protegrity.com.