Netegrity Establishes Regional Headquarters in Singapore
Singapore, June, 2000 - Netegrity, Inc., (Nasdaq:NETE), the leading provider of e-commerce infrastructure solutions for secure portal management, today announced that it has established "Netegrity Asia Pacific Pte Ltd" in Singapore. Netegrity's Singapore headquarter has been established to meet the growing demands in this region for critical e-commerce infrastructure products.
According to a recent survey by Boston Consulting Group published in the Wall Street Journal Asian Edition, spending in Asia for e-commerce will grow from $3 billion in 1999, to approximately $25 billion by the year 2003.
Barry Bycoff, chairman and CEO of Netegrity said : "The Asian market will be a major focus for the development of business-to-business and business-to-consumer e-commerce. The huge growth in e-commerce within this region represents significant opportunity for Netegrity. We are committed to providing this market with the ability to quickly and securely conduct and manage their e-business initiatives."
Key Alliances in Singapore
In launching Netegrity Asia Pacific, Netegrity is working closely with a network of local resellers, integrators and development partners, a key factor in ensuring the success in the Asia Pacific market.
In Singapore, Netegrity is proud to announce that ECS Computers (Asia) is appointed as Netegrity's strategic partner in secure portal management solutions.
"We are excited to be working closely with Netegrity as its strategic partner in secure portal management solutions. ECS has a wide portfolio of leading edge products and the technical capabilities to help companies become e-corporations. With netegrity's SiteMinder, we can now offer an even more comprehensive integration among our portfolio of e-commerce enabling products and technologies to help customers implement their e-commerce infrastrucutres," said Mr Tay Eng Hoe, Managing Director, ECS Computers (Asia) Pte Ltd.
About SiteMinder
SiteMinder is an e-commerce infrastructure solution that provides secure portal management capabilities. with siteMinder, e-commerce sites have a platform for centralizing portal management and delivering a set of shared services for single sign-on and authentication management, entitlement management, distributed administration, and affiliate services. SiteMinder is a three-time winner of the Crossroads A-list Award from Open Systems Advisors, Inc. (OSA) which identifies the best new enterprise solutions. Used in corporations worldwide, SiteMinder is enabling secure e-commerce at companies such as Aetna, AMP Corporation, Compaq, General electric, GTE Internetworking, Ingram Micro, Merrill Lynch, PGA of America, Tandy Corporation, and Thomson Consumer Electronics.
About Netegrity
Netegrity is a global e-commerce infrastructure company that provides solutions for securely managing and personalising business-to-business, business-to-consumer, and intranet portals. Companies worldwide depend on Netegrity's products, services, and partners to bring their businesses to the web. Netegrity's flagship product, SiteMinder, provides companies with a proven, scalable, and reliable platform for centrally securing and managing e-commerce portals and their affiliates. Netegrity also maintains an extensive worldwide network of partners, distributors and resellers. Headquartered in Walthan, Mass., Netegrity also has offices throughout Europe and Asia, with European headquarters based in UK. Netegrity is a public company traded on the Nasdaq in the United States under the symbol NETE. More information can be found at www.netegrity.com.
