Four Web Security Deals, First Outbound Spam Protection Deployments
Sunnyvale, Calif. – July 7, 2010 – Commtouch® (Nasdaq: CTCH) announced today the addition of four new OEM partners in the second quarter of 2010, resulting in a total of 138 OEM partners using Commtouch messaging and/or Web security solutions.
During the quarter, Commtouch signed four deals (a combination of existing and new partners) for its recently launched Web security solution, bringing the current number of Web security partners to a total of 29.
In addition, the company’s new Outbound Spam Protection Solution, which was launched in the previous quarter, was deployed by its first customers. According to a joint study conducted by Commtouch and Osterman Research, two-thirds of email service providers consider dealing with outbound spam to be an important or extremely important issue for them in 2010.
“We see several positive trends in our business -- the first being a growing demand for our services in Asia-Pacific, including the launch of a major service provider deal by one of our partners. Second, we see a rising need to serve partners targeting the consumer segment. And third, we see increased interest in a consolidated messaging and Web security solution,” said Gideon Mantel, Commtouch’s chief executive officer and chairman of the board. “We are looking to take advantage of these trends, and thus are focused on expanding our product portfolio and target markets, and we are confident in our ability to turn these efforts into growth engines for the company for 2010 and beyond.”
About Commtouch
Commtouch® (NASDAQ: CTCH) provides proven messaging and Web security technology to more than 130 security companies and service providers for integration into their solutions. Commtouch’s GlobalView™ and patented Recurrent Pattern Detection™ (RPD™) technologies are founded on a unique cloud-based approach, and work together in a comprehensive feedback loop to protect effectively in all languages and formats. Commtouch technology automatically analyzes billions of Internet transactions in real-time in its global data centers to identify new threats as they are initiated, protecting email infrastructures and enabling safe, compliant browsing. The company’s expertise in building efficient, massive-scale security services has resulted in mitigating Internet threats for thousands of organizations and hundreds of millions of users in 190 countries. Commtouch was founded in 1991, is headquartered in Netanya, Israel, and has a subsidiary in Sunnyvale, Calif.
Stay abreast of the latest messaging and Web threat trends all quarter long at the Commtouch Café: http://blog.commtouch.com. For more information about enhancing security offerings with Commtouch technology, see http://www.commtouch.com or write info@commtouch.com.
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView are trademarks, and Commtouch is a registered trademark, of Commtouch Software Ltd. U.S. Patent No. 6,330,590 is owned by Commtouch.
This press release contains forward-looking statements, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense, and statements including words such as "expect," "plan," "estimate," "anticipate," or "believe" are forward-looking statements. These statements are based on information available to us at the time of the release; we assume no obligation to update any of them. The statements in this release, including those relating to a) the expectation of future growth engines being created for 2010 and beyond and b) the positive trends identified by the company, are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors, including business conditions and growth or deterioration in the Internet market, commerce and the general economy, both domestic as well as international; fewer than expected new-partner relationships; competitive factors, including pricing pressures; technological developments, and products offered by competitors; the ability of our OEM partners to successfully penetrate markets with products integrated with Commtouch technology; a slower than expected acceptance rate for our newer product offerings; availability of qualified staff; and technological difficulties and resource constraints encountered in developing new products, as well as those risks described in the text of this press release and the company's Annual Reports on Form 20-F and reports on Form 6-K, which are available through www.sec.gov.
Company Contact:
Ron Ela
Chief Financial Officer
Tel:
(US) 650-864-2291
(Int'l) +972-9-8636813
ron.ela@commtouch.com
Investor Relations Contact:
Ehud Helft/ Kenny Green
GK Investor Relations
Tel:
(US) 1-866-704-6710
(Int'l) +972-3-607-4717
