NEW YORK , February 10 /PRNewswire/ -- Orsus(R), the pioneer and innovator in the field of Situation Management, a comprehensive and unique approach that coordinates the interaction between people, alerting sources and responses, reaffirmed its leading position in the Situation Management market by acquiring the IP assets of Cinario Ltd., an Irish-based leader in Intelligent Operational Risk Management Systems and recently closing on an investment round.
The acquisition of Cinario provides Orsus with an expanded reach in the
United Kingdom and strengthens its position in the intelligent operational
risk management systems market. Cinario, founded in 2002, has a client list
that includes Tesco, the largest British retailer, ASDA, a subsidiary of the
American retail giant Wal-Mart, Dixons, Johnson Controls,
Cinario's former Chief Executive Officer, Charlie Sherlock , and Chief Technology Officer, John Breen , will join Orsus' management team. Orsus is also currently working towards migrating Cinario's existing customer base from the Cinario Enterprise Manager software, a workflow management, integration and monitoring solution, to Situator from Orsus.
"I am excited to join Orsus. We have long recognized Orsus as the world leader in our field with a strong US and international dominance. The two leading companies in this field coming together create a powerhouse of risk and situation management solutions and customers. In addition Orsus' very strong financial position allows for a level of expansion which we simply could not have achieved by ourselves in Cinario," said Charlie Sherlock , Managing Director, Orsus UK. "My coming on board allows me deliver significant additional business benefits to my Cinario clients through the use of Situator."
The recent financial investment in Orsus was made by existing internal investors of the company. The funds facilitated the acquisition of Cinario and will enable Orsus to further strengthen its growing U.S. operations and expand business territories in the United Kingdom , South Africa and in Europe , and invest in research and development of its flagship product, Situator.
"We are pleased to have the executive management team of Cinario join Orsus, enabling us to strengthen our presence and expand upon the capabilities of Situator," said Gil Weiser , Chief Executive Officer of Orsus. "In addition, the new round of funding by existing investors of Orsus shows their commitment to continuously strengthening the company by expanding our geographical reach, growing existing business and investing in new technology."
Situator is a comprehensive Situation Management software platform that delivers clarity and control to enterprise control rooms - enabling better coordination of the interaction between people, alerting sources, and responses.
Situator is available and fully supported in North America and around the world through a network of security and safety integrators. For more information, or to request a Situator demo, please visit http://www.orsus.com or contact Orsus at email@example.com.
Orsus is a pioneer and innovator in developing Situation Management software solutions; a comprehensive and unique approach that coordinates the interaction between people, alerting sources and responses.
Orsus' flagship offering, Situator, is the leading Situation Management software platform in the market, possessing the best integration technology available. Situator enables situation planning, response and analysis for the security, safety and crisis management markets where the risk of human error can lead to financial loss, injury and damage to public image.