February 12, 2008 – GigaTrust Acquires Austin-Based Pinion Software
Acquisition Broadens GigaTrust’s Enterprise Rights Management Software and Expands Market Reach
GigaTrust now can offer Microsoft’s Windows Rights Management Services-enabled support for native software applications
Herndon, VA—February 12, 2008—GigaTrust, the leader in Enterprise Rights Management (ERM) solutions, announced today the acquisition of the assets of Pinion Software, a privately held software company based in Austin, Texas. With the acquisition, GigaTrust now can offer a wider set of RMS-enabled solutions.
“I have been impressed with Pinion’s technology since it was first introduced to the ERM industry in 1998,” said Bob Bernardi, chairman and CEO of GigaTrust. “This acquisition strengthens our client software products, vertically expands our solutions into new markets and brings a wealth of patented technologies and solutions into the GigaTrust portfolio.”
Intelligent Rights Management, the core of GigaTrust’s solution, is a suite of software products that embraces and extends RMS. GigaTrust helps its customers take RMS beyond the enterprise network by offering solutions that enable secure content supply chain collaboration which is persistently protected – at rest, in transit and in use.
“Joining GigaTrust enables us to better serve our customers and continue to expand our business,” said Darryl Worsham, Pinion Software president and CEO. “We are eager to capitalize on GigaTrust’s extensive worldwide network of customers and partners.”
The acquisition was completed January 31, 2008. Terms were not released.
Pinion has implemented its patented rights control technology to a variety of applications. The technology is also used to control screen scraping applications such as SnagIt and has been implemented for customers such as Haliburton, Lockheed Martin, and Tyco Thermal. The combination of Pinion’s products and GigaTrust’s technology positions GigaTrust as the clear leader in the ERM industry.
GigaTrust is a cutting-edge provider of email and content security software products serving customers in both the public and private sectors. GigaTrust is the only provider of the Intelligent Rights Management™ solution, which combines innovative, next-generation content security technologies built on the foundation of Microsoft Windows Rights Management Services. GigaTrust’s Intelligent Rights Management solution enables secure anyoneto- anyone collaboration by persistently protecting content (at rest, in transit, or in use). GigaTrust’s family of products/services are easy to use, easy to deploy, and completely transparent to the author or recipient of the email or content. GigaTrust’s products/services include security solutions for email and document protection, automated external user provisioning, web content, network file shares, e-discovery enablement, and the Blackberry mobile device. GigaTrust is headquartered in Herndon, Va., and with regional offices throughout the United States and is a Microsoft Gold Partner. For more information about GigaTrust, visit www.gigatrust.com.
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