BETHESDA, MD -- (Marketwire) -- 12/14/12 -- In the news release, "Arxan Partners With Macnica Networks to Deliver Gold-Standard Application Protection Solutions to the Japanese Market," issued earlier today by Arxan Technologies, Inc., we are advised by the company that the dollar amount in paragraph three should read "$1.875 billion" rather than "$1.875 million" as originally issued. Complete corrected text follows.
Arxan Partners With Macnica Networks to Deliver Gold-Standard Application Protection Solutions to the Japanese Market
Partnership Enables Japanese Software Innovators to Deploy Hacker-Resistant Applications Across Multiple Platforms and OS Environments
BETHESDA, MD -- December 14, 2012 -- Arxan Technologies, the industry leader of application protection solutions that secure the global App Economy, today announced a partnership with Macnica Networks, a leading distributor for advanced information technology products, to provide best-of-breed software security solutions to the Japanese software marketplace.
As the global App Economy continues to flourish, the sensitive data and intellectual property (IP) within an application's binary code requires integrity protection from exploits and targeted attacks. With readily available tools, hackers can effortlessly launch reverse-engineering and tampering attacks on unprotected application binary code. Hacker tools can extract valuable data and bypass security controls as they seek to make personal gains and profits at the companies' expense.
In October 2012, five people in Japan were arrested for allegedly distributing malware in video apps for Android smartphones which affected 90,000 people. The virus stole more than 10 million pieces of personal information from users' address books. According to the 2011 BSA Global Software Piracy Study released in May 2012, Japan ranked number ten in the top 20 global economies in commercial value of pirated PC software at $1.875 billion.
This new partnership delivers localized access support to Arxan's best-of-breed Application Protection Product Suite on multiple platforms including mobile, desktop, embedded and server environments for its Japanese customers and app development community in diverse markets such as mobile financial services, gaming, digital media and independent software vendors (ISVs).
"We are excited to partner with Arxan to deliver their trusted application security products to the Japanese market. Arxan's proven deployment on over 200 million devices ensures the integrity of applications is protected from hackers and other attacks, such as malware insertion," said Masahiro Miyabukuro, president of Macnica Networks. "As Japanese businesses continue to embrace the App Economy to deliver innovative software to their customers, partners and employees, the threat of reverse-engineering and tampering attacks can have a devastating impact on a company's revenue and brand. We look forward to helping the Japanese app marketplace with greater security through this partnership."
Macnica Networks has over 20 years of experience in product localization, sales and technical support to effectively distribute technology solutions. Macnica Networks now supplies variant leading-edge security software and appliance products to its customers. Partnering with Arxan, Macnica Networks will provide comprehensive support to educate and implement Arxan's security.
"We are proud partners of Macnica Networks," said Rich Lord, vice president of Asia-Pacific (APAC) Sales. "A compromised app can result in loss of revenue, loss of a content license, financial and legal liability, especially as apps increasingly reside in distributed and untrusted environments that are outside network perimeters. This relationship provides an unprecedented class of application security products to the Japanese marketplace to produce and deploy innovative applications with confidence as they made secure from application integrity attacks."
Arxan is the industry leader in comprehensive application protection solutions delivering advanced security capabilities across platforms and devices through their portfolio of patented security products. Arxan's security solutions feature a network of layered protections or Guarding Technology that is durable, resilient and customizable depending on the customer's individual security requirements and concerns.
ABOUT ARXAN TECHNOLOGIES:
Arxan Technologies Inc. is the industry leader of application protection solutions that protect the App Economy. Arxan's secures mobile, desktop, server and embedded applications against tampering and reverse engineering attacks and is an integral part of end-to-end application security. Our security defends against unauthorized use, insertion of exploits, piracy, and theft of intellectual property for global leaders in markets such as Fortune 500 enterprises, financial services, ISV, gaming and digital media to proactively defend the integrity of their code and business models. Arxan's proven, scalable and durable application protection solutions defend, detect, alert and react to application attacks through a threat-based, customizable approach. Arxan Technologies is headquartered in the United States with global offices in EMEA and APAC. For more information, please visit www.arxan.com.
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