Arxan expands European operations after experiencing fivefold revenue growth in Europe

Appointment of senior executives in Europe and new Chief Financial Officer to oversee continued growth and commitment to region Bethesda, MD October 30, 2014 – Arxan Technologies,the industry-leading provider of application software security solutions, today announced that they have experienced a 300 per cent growth in their European customer base, and fivefold revenue growth since opening their European offices in 2011. To meet the growing demand for advanced application security technology to protect applications, Arxan has expanded its European team with the appointment of three regional sales managers. In addition, Arxan has recently appointed a new Chief Financial Officer. With more than 30 years of senior level finance, administrative and general management experience, Warren Barratt has joined Arxan as its Chief Financial Officer. Prior to Arxan, Warren was Chief Financial Officer for CyOptics, a leading provider of optical chips and related components for the optical networking and telecommunications industries, and for other emerging end market applications, such as defense and avionics, high performance computing, medical and security.  In his role as CFO, Warren will be drawing on his extensive experience in raising public and private capital, and managing merger and acquisition transactions and building and optimising corporate infrastructures as Arxan continues its rapid domestic and international growth. Joachim Haas has been appointed as Regional Sales Manager for Central Europe. Joachim is responsible for driving Arxan’s growth in the DACH region and across Eastern Europe.  Additional new members to the Arxan team include Paris-based Olivier Acoulon who will head up the sales team in Southern Europe and Rikard Kullenberg joining as the Sales Manager for the Nordic Region, who will be based in Stockholm. “Application security presents tremendous growth potential across both consumer and enterprise apps. According to a recent study from Vision Mobile, the flourishing mobile app economy has created more than one million jobs in Europe alone. Apps are the future but the security of applications is an area where there is still a lot of catching up to do”, says Mark Noctor, Director of EMEA Sales. “Arxan takes mobile application security to the next level. We turn untrusted application environments into ones in which customers and businesses can manage risk and conduct secure transactions and operations. Enabling the market with security is why I’m delighted to be expanding the Arxan team.” Arxan Senior Vice President, Worldwide Sales and Channels, Tom van Gorder said: “With increased adoption of mobile applications in the market comes a greater risk of tampering, hacking, and the insertion of malware or reverse-engineering of the app itself. Yet, as evidenced by the growth of our European business, is the fact that organisations are not only acknowledging these challenges but also tackling them head on with application security technologies that protect them against these risks at the binary level. The extensive knowledge and experience that comes from the addition of Joachim, Olivier and Rikard to our European team means Arxan is well-poised to provide leading advisory and security expertise to companies that seek to protect their applications against reputational and financial loss that can occur should an app be compromised.”   About Arxan Technologies Arxan provides the world’s strongest application protection solutions. Our unique patented guarding technology 1) Defends applications against attacks, 2) Detects when an attack is being attempted, and 3) Responds to detected attacks with alerts and repairs. Arxan offers solutions for software running on mobile devices, desktops, servers, and embedded platforms – including those connected as part of the Internet of Things (IOT) – and is currently protecting applications running on more than 300 million devices across a range of industries, including: financial services, high tech/independent software vendors (ISVs), manufacturing, healthcare, digital media,  gaming, and others. The company’s headquarters and engineering operations are based in the United States with global offices in EMEA and APAC.   Follow Arxan: Twitter: http://twitter.com/arxan Blog: http://blog.arxan.com  LinkedIn: http://www.linkedin.com/company/arxan-technologies Facebook: http://www.facebook.com/pages/Arxan-Technologies/290902575878   EMEA Media Contact:
éclat Marketing Kim Smith / Jenny Davis P: +44 (0) 1276 486000 E: arxan@eclat.co.ukJodi Wadhwa Arxan Technologies P:+1-301-968-4295 E: jwadhwa@arxan.com