Information security co AlgoSec signs TrustNet deal

AlgoSec CEO Bar-On: We're focusing on collaborations with the aim of expanding our activity in the Israeli market.

Information security start-up AlgoSec Inc. has signed a collaboration agreement with TrustNet Ltd., an integration and consultancy firm, specializing in e-business application security and protection.

Under the agreement, TrustNet will market AlgoSec's Firewall Analyzer for offline security issue analysis to companies in Israel's financial, insurance, and telecommunications sectors.

AlgoSec president and CEO Yuval Baron said, "We're now focusing on strategic collaborations with the aim of expanding our activity in the Israeli market, in a similar mode to our activity in North America and Europe."

Petah Tikva-based AlgoSec provides firewall operations and security risk management solutions that deliver visibility, analysis and intelligence into organizations' firewall policies.

Published by Globes [online], Israel business news - www.globes-online.com - on March 18, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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