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TMWD Tumbleweed Communications Corp (MM)

2.39
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tumbleweed Communications Corp (MM) NASDAQ:TMWD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.39 0 01:00:00

Axway Subsidiary Licenses Email Firewall Patents to Mirapoint Software, Inc.

22/09/2008 1:00pm

Business Wire


Tumbleweed Communications Corp (MM) (NASDAQ:TMWD)
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Mirapoint Software, Inc. a leading provider of appliance-based email solutions and Tumbleweed Communications Corp. (NASDAQ:TMWD), a wholly owned subsidiary of Axway Inc, today announced a new licensing agreement for two Tumbleweed technology patents. The agreement will enable Mirapoint to leverage Tumbleweed's proprietary Encryption and Decryption technology patents to provide enhanced email communications to its customers world-wide. Now a part of Axway, Tumbleweed is an industry leader in managed file transfer, email security, and identity validation with more than 31 security patents in the U.S alone. The license agreement with Mirapoint covers Tumbleweed U.S. Patent No. 6,393,568 titled "Encryption and Decryption Method with Content Analysis Provision" and U.S. Patent No. 6,609,196 titled "Email Firewall with Stored Key Encryption/Decryption." "This agreement gives us access to technology that will allow us to further our commitment to providing secure communications to our 120 million global users," said Jeffrey Witous, chief executive officer at Mirapoint Software, Inc. “As a company we are focused on delivering secure communications and this agreement with Tumbleweed ensures that our customers have accesses to the best technology available.” "We're pleased to license our technology to Mirapoint Software as it creates synergies for both companies," said Christophe Fabre, CEO of Axway. "In keeping with Tumbleweed’s history, we continue to invest millions of dollars every year in research and development to enhance our solutions for our customers." Earlier this month, the Axway-Tumbleweed merger was finalized and Tumbleweed’s operations are in the process of integration with Axway’s. Terms of the license agreement with Mirapoint were not disclosed. About Mirapoint Founded in 1997, Mirapoint is a market leader in appliance-based solutions for secure message networks in enterprise, service provider, and education organizations, with more than 120 million mailboxes served and secured worldwide. Customers use Mirapoint appliances to build the messaging infrastructure that intelligently serves, secures and manages email. Mirapoint is headquartered in Sunnyvale, California, with offices throughout North America, Europe and Asia. For more information on Mirapoint, visit its Web site at www.mirapoint.com. About Axway Axway is one of the leading global providers of collaborative business solutions. Axway establishes the dynamic connections -- within and among enterprises -- that make companies easier to do business with. Spanning all industries, over 8400 organizations in more than 100 countries depend on Axway to manage and control their business-critical information in motion --improving value chain efficiency, regulatory compliance and quality of service. Built on a service-oriented architecture, Axway's Synchrony solutions feature a highly flexible integration and B2B framework, business and technical analytics, and professional services. Axway also offers customized solutions for the financial services, life sciences and automotive industries. Many of Axway's solutions are available in a software-as-a-service (SaaS) model. A subsidiary of Sopra Group, SA, Axway is headquartered in Scottsdale, Arizona. About Tumbleweed Tumbleweed Communications Corp., now part of Axway, is an industry leader in managed file transfer, email security and identity validation, providing enterprise-class solutions to organizations of all sizes. Tumbleweed’s innovative products enable organizations to effectively manage and protect business-critical internet communications, with capabilities that span secure file transfer, encryption, data loss prevention, and email security. Tumbleweed has more than 3,500 customers worldwide, including blue-chip companies across an array of industries such as Technology, Retail, Finance, Healthcare, Manufacturing, Consumer Packaged Goods, Telecom, Energy, and the U.S. Government. The world’s most security conscious organizations rely upon Tumbleweed technology including Bank of America Securities, JPMorgan Chase & Co., the U.S. Food and Drug Administration, and the U.S. Department of Defense. Our award-winning products build on 15 years of R&D and 31 security patents in the U.S. alone – many of which are licensed by other security vendors. More information can be found at www.tumbleweed.com. Tumbleweed is a registered trademark of Tumbleweed Communications Corp. in the United States and/or other countries. All other trademarks are the property of their respective owners.

1 Year Tumbleweed Communications Corp (MM) Chart

1 Year Tumbleweed Communications Corp (MM) Chart

1 Month Tumbleweed Communications Corp (MM) Chart

1 Month Tumbleweed Communications Corp (MM) Chart