WESTMINSTER, Colo. , July 17 /PRNewswire-FirstCall/ -- Digital Info Security Company (DISC) (Pink Sheets: DGIF) is pleased to announce that it has executed an asset purchase agreement with BeCompliant Corporation (BCC) to purchase its SecurScan email archiving and compliance business.
The purchase includes BCC's SecurScan software, code and customer base. Current SecurScan customers, including several large financial services, banking and insurance firms representing over 10,000 email archiving users, will benefit from the enterprise support structure that DISC already has in place as a hosted solutions provider.
DISC and BCC also signed a software licensing agreement, which allows DISC to offer additional options to users of DISC's PolicyBridgeII(TM) email solution, including SecurWrap API content filtering and SecurServer email encryption software. This integrated solution for email surveillance, compliance, archiving and encryption can be offered as a hosted, managed, or an appliance solution, depending on the needs and infrastructure of a given organization.
The SecurScan acquisition is another step forward for DISC in becoming a consolidator in the email compliance market. DISC purchased FLI Technologies, an email archiving and service group in 2005, and DISC purchased PolicyBridge(TM) email compliance technology and associated customer base from Patron Systems in 2007.
ABOUT DIGITAL INFO SECURITY COMPANY
DISC is an Automated Service Provider (ASP) that provides outsourced IT services such as Remote Data Backup, Email Compliance, Instant Message Archiving & Compliance, Electronic Discovery, Email Encryption, Encrypted Online File Storage and other IT solutions to all sizes of businesses.
ABOUT BECOMPLIANT CORPORATION
BeCompliant solutions enable enterprises to ensure compliance with regulations and protect themselves against intellectual property or business critical data leakage.
SAFE HARBOR STATEMENT
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Terminology such as "anticipate," "believes," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by the Company.
SOURCE Digital Info Security Company