Record Sales Solidify M-Tech's Leadership in the Identity Management Market
Growing Demand for Solutions to Meet Regulatory Requirements and Reduce IT Support Costs Leads to Increased Revenue
Calgary, AB - June 23, 2005 - M-Tech Information Technology, Inc., a leading provider of identity management (IdM) solutions, is pleased to announce record sales in the first half of 2005. This upward trend is expected to continue for the remainder of 2005. Examples of large new customers include Blue Cross Blue Shield of South Carolina, University of Texas, Embry Riddle Aeronautical University, National Assembly of Wales, Compucom, JetBlue, Northrop Grumman and Merrill Lynch.
During the first six months of 2005, M-Tech has added several innovative new products to the Hitachi ID Management Suite. The expanded solutions have led to growing sales for the comprehensive enterprise identity management solution. The recently-released products have also improved M-Tech's brand awareness and market positioning as a leading innovator in the IdM market.
New products in the M-Tech Identity Management Suite include:
- ID-Org, an OrgChart management tool, (http://Hitachi-ID.com/news/rel_20050517.html).
- P-Synch/SSO, M-Tech's new single sign-on solution, (http://Hitachi-ID.com/news/rel_20050606.html).
"Rapid deployment and best-in-class customer service have always been our top priorities," says Gideon Shoham, M-Tech CEO. "Our innovative solutions are designed to minimize deployment, configuration, data-cleansing and process engineering costs, minimizing the need for costly consulting services."
Significant milestones that have been attained during the first half of 2005 include:
- A new, state-of-the-art training facility is now open at M-Tech's Headquarters and will be used to offer education programs to partners and customers.
- A new M-Tech office is now open in Frisco, Texas which will primarily serve M-Tech's Managed Service Provider (MSP) partners.
- Additional employees have been hired to meet growing demands for professional services, product development and sales volume.
- An expanded global partner network, including regional integrators around the world and government and military-focused resellers, particularly in the US and EU markets.
About M-Tech Information Technology, Inc.M-Tech is a leading provider of identity management solutions for the enterprise. The Hitachi ID Management Suite combines ID-Synch for user provisioning, P-Synch for password management, ID-Certify for regulatory compliance, ID-Access for self-service resource access, ID-Telephony for telephone password reset and Hitachi ID Automated Discovery for account cleansing and reconciliation. Combined, this suite offers a comprehensive, integrated identity management solution for mid-sized to global enterprises. M-Tech is the only identity management software vendor to consistently prove an ROI in three to six months. For more information on M-Tech and its products, please visit Hitachi-ID.com or call 1.403.233.0740.
Hitachi ID Systems, Inc.
500, 1401 1st Street S.E
Calgary, AB T2G 2J3
1.403.233.0740 ext. 324
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