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CenterTools to Acquire VolumeShield
Combines leaders in endpoint security
Portland, OR. and Houston, TX., August 14, 2008 – CenterTools, LLC (www.drivelock.com) today announced that it will acquire VolumeShield (www.volumeshield.com) through a definitive agreement between both businesses. The union is a natural fit for both organizations, combining two leaders in endpoint security and mobile device control. Under the terms of the agreement CenterTools will provide support for existing VolumeShield customers and transition the feature set of the VolumeShield AntiCopy product into its DriveLock™ product suite.
“The addition of VolumeShield customers to the DriveLock™ family expands our U.S. operations,” said Mike Prieskorn, President of CenterTools “We are excited about the enhanced offerings we are able to provide to these customers, including encryption, Network Profiles and our Application Launch Filter.”
“We are very enthusiastic about the opportunity,” said Emily Thurman, product manager for VolumeShield. “Becoming part of CenterTools provides the resources to penetrate new markets and to deliver an industry-leading endpoint security and device control solution; this is a true win-win for our customers.”
About CenterTools
CenterTools helps IT professionals do their jobs securely. The company creates software technology to simplify IT management and security, including peripheral; management, data encryption, and auditing for compliance purposes. The company’s DriveLock™ security product can help reduces corporate liability to theft of confidential data. CenterTools is headquartered in Germany and maintains an office in the United States. For more information, call (503) 214-2887 or visit www.drivelock.com.
About VolumeShield
VolumeShield is a leading provider of security, audit and compliance solutions for managing the use of portable storage devices on corporate networks. Headquartered in Houston, Texas, VolumeShield was founded by veterans in the network security industry to provide proven, effective, endpoint security technologies to organizations worldwide. For more information please visit http://www.volumeshield.com/
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DriveLock™ is a trademark of CenterTools GmbH and its subsidiaries.
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