Electrolux Extends Partnership with Pointsec to Ensure Data Security Across Desktops and Mobile Devices

Newmarket, UK, January 31, 2005 – Pointsec, the worldwide de facto standard for mobile device security, today announced it has extended its partnership with Electrolux AB, the world’s largest producer of appliances and equipment for kitchen, cleaning, and outdoor use. Electrolux has placed an additional order with Pointsec to protect sensitive data stored on desktops and laptops. The order is valued at £318,000 of which £276,000 has been recognised in Q4 2004.

“As businesses embrace mobile technology, the risks associated with storing information on those devices increase,” said Peter Larsson, CEO of Pointsec. “At the same time, legislation stipulating the protection of personal data is becoming more rigorous. Enterprises such as Electrolux that are storing sensitive information at the end points of their networks – on mobile devices that are easily lost or stolen, are now further strengthening regulatory compliance by protecting that data.”

Legislation such as Sarbanes-Oxley, California Senate Bill 1386, the Gramm-Leach-Bliley Act, and The Data Protection Act make the encryption of sensitive information – such as personal data of customers – more important than ever before. Pointsec has designed its industry-leading security solution to be strong, non-intrusive, quick, and seamless, ensuring that confidential data stored on any kind of portable computing device remains proprietary and secure.

“We recognize that the loss, theft, or unauthorized access of one of our mobile devices exposes not only the confidential data stored on it, but also risks revealing passwords, logon ids, or other credentials that could jeopardize our entire network,” said Ingrid Udén-Mogensen, Electrolux Group Information Security Director. “We want to provide users with a secure environment where they can live up to the responsibility for information security put on them. At the same time key recovery processes must be excellent not to jeopardize the user workplace. That’s why we are confident in partnering with Pointsec as our vendor of choice for mobile device security across our enterprise.”

Pointsec delivers a trusted solution for automatic data encryption that extends enterprise security to the end points of the network. The company specializes in security solutions that enable the enterprise to take full advantage of today’s mobile workplace, thereby removing the worry that critical data or important credentials will go unprotected. With Pointsec, only authorized users are granted access to private company information, whether in the office or in the field.

For further information please contact:
Magnus Ahlberg – MD of Pointsec Tel: 01638 555082 or email
magnus.ahlberg@pointsec.com

About Electrolux
The Electrolux Group is the world’s largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden tractors. Every year, customers in more than 150 countries buy more than 55 million Electrolux Group products for both consumer and professional use sold under famous brands such as AEG, Electrolux, Zanussi, Frigidaire, Eureka and Husqvarna. In 2003, Electrolux had sales of SEK 124 billion and 77,000 employees.

About Pointsec
Pointsec is the global market leader in mobile data protection with the security certified Pointsec product family, and the Nordic leader for Digital Identity solutions. The Pointsec solutions are developed for large organizations, and guaranteed to easily deploy and scale to thousands of users. By securing sensitive information stored on workstations, laptops, PDAs, smartphones, and removable media, enterprises and government organizations can protect and enhance their image, minimize risk, shield confidential data, guard information assets, and strengthen public and shareholder confidence. Pointsec’s customers include blue chip companies and government organizations around the world. Founded in 1988, Pointsec Mobile Technologies AB is a wholly owned subsidiary of Protect Data AB, publicly traded (PROT) on the Stockholm stock exchange. The company has four U.S. offices and 11 EMEA offices. Pointsec can be found on the web at www.pointsec.com.

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