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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AvePoint Inc | NASDAQ:AVPT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.095 | 1.18% | 8.135 | 8.13 | 8.14 | 8.22 | 8.07 | 8.19 | 124,996 | 18:15:17 |
“As digital collaboration proliferates, the responsibilities for IT teams have simultaneously increased and become more difficult to manage, especially if you are managing multiple cloud tenants for a single organization or trying to serve the disparate needs of a large organization within a single tenant,” said John Peluso, Chief Product Officer, AvePoint. “We developed Entrust to alleviate the burden on IT, and make it easier for businesses to remain agile and highly secure when managing their Microsoft 365 tenants.”
Today, the Microsoft 365 ecosystem is growing rapidly, with over 270 million monthly active users on Microsoft Teams, as one component and indicator. The main features and capabilities of Entrust are designed to transform the IT admin process in Microsoft 365, and they include:
“AvePoint has been a trusted partner of ours for years helping to manage our growing SaaS operations, and they have a unique finger on the pulse when it comes to Microsoft 365,” said Tiffany Fraser, Transformation Manager, WPP IT. “As a large enterprise organization with multiple tenants, we’ve historically struggled to gain full visibility into our entire Microsoft 365 ecosystem, which is why we are excited for the potential of Entrust to add consolidated and secure dashboards.”
In addition to Entrust, AvePoint is home to a suite of cloud products designed to give businesses better control over their digital work environments. These include Cloud Governance, which automates operational IT requests, Cense, which supports budgeting and maximizing ROI on license entitlements, and Policies, which initiates proper activities in SaaS applications and reverts misconfigurations.
For more information on Entrust, please visit https://www.avepoint.com/products/cloud/entrust-microsoft-365-management.
About AvePoint
Collaborate with confidence. AvePoint provides the most advanced platform for SaaS and data management to optimize SaaS operations and secure collaboration. More than 8 million cloud users rely on our solutions. Our SaaS solutions are also available to managed service providers via more than 100 cloud marketplaces, so they can better support and manage their small and mid-sized business customers. Founded in 2001, AvePoint is a five-time Global Microsoft Partner of the Year and headquartered in Jersey City, New Jersey. For more information, visit https://www.avepoint.com.
Forward Looking Statements
This press release contains statements that may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 or otherwise, including with respect to AvePoint’s new product Entrust, AvePoint’s suite of cloud products, and AvePoint’s ongoing commitments to the highest standards of data security and privacy. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. These forward-looking statements are, by their nature, subject to significant risks and uncertainties and are based on the beliefs of AvePoint’s management as well as assumptions made by and information currently available to AvePoint’s management. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of AvePoint including those set forth in the Risk Factors section of AvePoint’s most recent Quarterly Report on Form 10-Q and its registration statement on Form S-1 and related prospectus and prospectus supplements filed with the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC’s website, www.sec.gov. AvePoint undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Media ContactNicole CaciAvePointpr@avepoint.com 201-201-8143
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