[MD1] Aladdin Knowledge Systems Acquires eSafe Technologies
TweetFollow Us on Twitter

[MD1] Aladdin Knowledge Systems Acquires eSafe Technologies

For Immediate Release

Aladdin Knowledge Systems Acquires eSafe Technologies, a Leader in Internet
Security Innovation

Aladdin's New Internet Security Unit to Provide Market-Leading Internet
Security Solutions

New York; Tel Aviv, Israel, Dec. 8th, 1998 -- Aladdin Knowledge Systems
Ltd. (NASDAQ: ALDNF), a global leader in the field of software information
security, today announced the signing of an agreement to acquire the assets
of EliaShim Ltd. and its subsidiaries, US-based eSafe Technologies Inc. and
eSafe Europe (together "eSafe"). eSafe is the producer of the award-winning
eSafe Protect suite of Internet security products. As a result of the
acquisition, Aladdin will form an Internet Security Unit with eSafe at the
core focused on developing integrated "desktop-to-gateway" Internet
security solutions.

eSafe will be issued 1,240,000 Aladdin shares and will receive an
additional $6.5 million in cash. Additional amounts not exceeding $5
million may become payable based on eSafe revenue performance in 1999.
Aladdin expects to take a one-time charge for R&D in process and other
transaction related expenses in its coming Q4 financial reports. The
closing of the transaction is subject to customary conditions and
approvals.

eSafe anticipates sales of approximately $5 million in 1998.

Aladdin's newly formed Internet Security Unit will integrate Aladdin's
market-leading technology with eSafe's "Desktop-to-Gateway" security
solutions, enabling companies to make free and unfettered use of the
Internet as a vital business tool, safely and effectively. This will
provide major benefits to present and future customers.

"This is the first stage in our strategy to leverage Aladdin's leadership
position and expertise in software security into the broader Enterprise
Internet Security market," said Yanki Margalit, CEO of Aladdin Knowledge
Systems. "The new Internet Security Unit brings together two industry
players whose market-leading technologies, infrastructural resources and
talent will provide our customers with robust, complete and affordable
Enterprise Internet Security solutions."

Shimon Gruper, founder and president of eSafe, commented, "There is
unquestioned synergy between Aladdin and eSafe. Aladdin's products are
outstanding in the way they facilitate or deny access to digital content,
and eSafe has been acknowledged to be the number one solution for
protecting against unwanted intrusions from hostile data. Together, they
will offer an unrivaled suite of solutions for the safe and secure use of
the Internet."

eSafe - Meeting Internet Security Threats

eSafe's development is directly linked to the Internet which has become the
main focus for many businesses, providing the commercial and communications
framework within which they carry out a wide range of activities such as
data analysis, e-mail and e-commerce. The Internet's rapid growth has
produced enormous benefits, but it also exposes users to a wide range of
new threats. Particularly dangerous are "Vandals" - hostile Java Applets
and malicious ActiveX controls which execute without any user-intervention
- revealing to the initiator of the "vandal" sensitive information such as
passwords or account details, transferring funds or silently dialing high
tariff phone numbers, and other developing Internet-borne threats of a
criminal nature.

eSafe's innovative approach which combines malicious code detection at both
the gateway and the desktop with anti-virus protection, real time access
monitoring and an integrated management system, has been widely recognized
for its leadership, as demonstrated by its recent selection as PC
Magazine's Editor's Choice in the Internet Security Utilities category.

What Partners Say

Internet Security Systems (ISS)::
"We are looking forward to working with eSafe as part of Aladdin in our
Adaptive Network Security Alliance," said Tom Noonan, President and Chief
Executive Officer of Internet Security Systems. "Bringing together
Aladdin's software security expertise with eSafe's award-winning content
security software will be to the advantage of the corporate customer and
will offer interesting possibilities for industry partnerships." What the
Analysts Say

Forrester Research:
Securing Java And ActiveX", published June 1998 concluded with the
following key points:

Hostile Java and ActiveX applets pose serious security risks, which will
become widespread in two years

By year 2000, 72% of Fortune 1,000 companies will be reliant on Java and
ActiveX as part of their intranet and extranet infrastructure, exposing
themselves to malicious code infection that could cause damage that would
bring a business to its knees

Blocking Java and ActiveX at the firewall is impossible as companies come
to rely on these technologies

To catch malicious code, users must deploy solutions that operate at both
the gateway and the desktop level IDC:
"Vandals, Viruses and eSafe", published April 1998 concluded with the
following key points:

Vandals, or malicious code applets, represent a very serious threat to
server and desktop security

Vandals-related risks will increase in 1999

Vandals have a criminal and destructive potential far in excess of viruses

Commenting on the transaction, IDC Analyst Chris A. Christiansen said: "The
Aladdin-eSafe combination offers customers a broad range of Internet
Security tools. Individually, eSafe provides a strong tool set for
pro-actively defending against hostile downloadable executables or
"vandals". Considering the proliferation of Java and ActiveX applications
in corporate environments, I strongly recommend that vendors and users
protect their sites against these risks in the near future."

Tamir-Fishman, the Israeli affiliates of Hambrecht & Quist, and Bank Boston
Robertson Stephens, advised Aladdin and eSafe, respectively, in this
transaction.

Aladdin Knowledge Systems is a global leader in the field of information
security. Aladdin's product lines include HASP and Hardlock, token-based
software security systems that ensure license compliance and provide
innovative licensing, trial and upgrading solutions for software developers
and publishers, and Privilege TM, a suite of Internet-prepared software
licensing and distribution tools. Aladdin has its headquarters in Tel Aviv,
Israel, with 5 international offices and distributors in more than 40
countries serving over 25,000 clients with more than 7 million tokens in
use worldwide. For more information, visit the Aladdin home page at
www.aks.com.

eSafe Technologies Inc., based in Seattle, WA, was founded in April 1997 as
the U.S. division of EliaShim Ltd., a leading supplier of technologically
innovative anti-vandal, anti-virus and security software to corporate and
government sectors worldwide. Formed in 1987, EliaShim provides unique
software solutions to more than four million customers worldwide, including
major banks, financial institutions and Fortune 500 corporations. Having
been recently picked as Editor's Choice by PC Magazine, eSafe Protect is
addressing Internet protection issues for the PC user. To learn more about
eSafe Technologies and its innovative security products, visit the eSafe
web site at http://www.esafe.com/ or call 1-888-772-3372.

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

Black Hole Joyrider (Games)
Black Hole Joyrider 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Guide your spacecraft through the gravity well of a powerful black hole using only your retro-thrusters and dwindling fuel... | Read more »
My Koi (Games)
My Koi 1.0 Device: iOS iPhone Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: My Koi is a beautiful and relaxing fish pond app. Customise and name each fish. Feed them daily. Watch them grow. Collect new fish.... | Read more »
Never Gone (Games)
Never Gone 1.0.2 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.2 (iTunes) Description: ###IMPPORTANT### Never Gone's HD art resources require devices with more than 1GB RAM, so please note that iPhone 4/4s, iPad 2/... | Read more »
INKS. (Games)
INKS. 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: From the makers of BAFTA-winning Lumino City comes INKS. INKS updates pinball for a new generation. It combines the joy of pinball with... | Read more »
How to maximise your profits in Bakery B...
Running a bakery can be an expensive venture. You’ll need to continuously upgrade your oven, your kitchen supplies, and even your ingredients to keep customers happy. Most of these renovations in Bakery Blitz cost a pretty penny, but we have a few... | Read more »
How to manage your time in Bakery Blitz
It can be tricky, especially when you risk burning your kitchen to the ground if you forget a cake in the oven, so make sure to use these time management tricks to keep your bakery running smoothly. Don’t collect the money right away [Read more] | Read more »
Model 15 (Music)
Model 15 1.0 Device: iOS iPhone Category: Music Price: $29.99, Version: 1.0 (iTunes) Description: The Moog Model 15 App is the first Moog modular synthesizer and synthesis educational tool created exclusively for iPad, iPhone and... | Read more »
How to deal with wind in Angry Birds Act...
Angry Birds Action! is a physics-based puzzler in which you're tasked with dragging and launching birds around an obstacle-littered field to achieve a set objective. It's simple enough at first, but when wind gets introduced things can get pretty... | Read more »
How to get three stars in every level of...
Angry Birds Action! is, essentially, a pinball-style take on the pull-and-fling action of the original games. When you first boot it up, you'll likely be wondering exactly what it is you have to do to get a good score. Well, never fear as 148Apps... | Read more »
The beginner's guide to Warbits
Warbits is a turn-based strategy that's clearly inspired by Nintendo's Advance Wars series. Since turn-based strategy games can be kind of tricky to dive into, see below for a few tips to help you in the beginning. Positioning is crucial [Read... | Read more »

Price Scanner via MacPrices.net

12-inch 128GB iPad Pros on sale for up to $10...
B&H Photo has 12″ 128GB WiFi iPad Pros on sale for up to $100 off MSRP, each including free shipping. B&H charges sales tax in NY only: - 12″ Space Gray 128GB WiFi iPad Pro: $899 $50 off MSRP... Read more
Global Tablet Sales Slump Continues, iPad’s F...
Another miserable showing for the global slate tablet category in calendar Q1/16, with global tablet shipments falling another 1ten percent to 46.5 million units during the according to Strategy... Read more
Revel Systems to Showcase iPad POS Platform w...
Revel Systems, specialists in iPad Point of Sale management solution for brick-and-mortar retail, food businesses and more, today announced that it will showcase its innovative iPad Point of Sale... Read more
13-inch 2.5GHz MacBook Pro on sale for $999,...
B&H Photo has the 13″ 2.5GHz MacBook Pro on sale for $999 including free shipping plus NY sales tax only. Their price is $100 off MSRP. Read more
Apple refurbished 2015 iMacs available for up...
Apple now has a full line of Certified Refurbished 2015 21″ & 27″ iMacs available for up to $350 off MSRP. Apple’s one-year warranty is standard, and shipping is free. The following models are... Read more
Indian Smartphone Market Grows Annually by 12...
India’s smartphone market grew by 12 percent year-over-year, with 24.4 million units shipping in Q1 2016. The top five vendors stayed the same, with Samsung in the lead, followed by Micromax, Intex... Read more
Get Notifications When Your Friend’s Phone Ba...
Calgary, Canada based Stonelight Pictures has announced the release of Battery Share 1.0.1, its new utility for iOS 9 supported devices. The company notes that people are spending more time on their... Read more
11-inch 1.6GHz/128GB MacBook Air on sale for...
Amazon has the current-generation 11″ 1.6GHz/128GB MacBook Air (sku MJVM2LL/A) on sale for $749.99 for a limited time. Their price is $150 off MSRP, and it’s the lowest price available for this model... Read more
Price drops on clearance 2015 13-inch MacBook...
B&H Photo has dropped prices on clearance 2015 13″ MacBook Airs by up to $250. Shipping is free, and B&H charges NY sales tax only: - 13″ 1.6GHz/4GB/128GB MacBook Air (MJVE2LL/A): $799, $200... Read more
Mac minis on sale for up to $100 off MSRP
B&H Photo has Mac minis on sale for up to $100 off MSRP including free shipping plus NY sales tax only: - 1.4GHz Mac mini: $449 $50 off MSRP - 2.6GHz Mac mini: $649 $50 off MSRP - 2.8GHz Mac mini... Read more

Jobs Board

*Apple* Retail - Multiple Positions (US) - A...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
Restaurant Manager (Neighborhood Captain) - A...
…in every aspect of daily operation. WHY YOU'LL LIKE IT: You'll be the Big Apple . You'll solve problems. You'll get to show your ability to handle the stress and Read more
Automotive Sales Consultant - Apple Ford Linc...
…you. The best candidates are smart, technologically savvy and are customer focused. Apple Ford Lincoln Apple Valley is different, because: $30,000 annual salary Read more
Restaurant Manager (Neighborhood Captain) - A...
…in every aspect of daily operation. WHY YOU'LL LIKE IT: You'll be the Big Apple . You'll solve problems. You'll get to show your ability to handle the stress and Read more
Simply Mac *Apple* Specialist- Service Repa...
Simply Mac is the largest premier retailer of Apple products in the nation. In order to support our growing customer base, we are currently looking for a driven Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.