M.Tech to Offer Sourcefire Security Solutions to New Southeast Asia Territories
Kuala Lumpur, 30 January 2013 - Sourcefire, Inc. (Nasdaq: FIRE), a leader in intelligent cybersecurity solutions, today announced that it has signed a distribution agreement with M.Tech (Registered as M-Security Technology Sdn. Bhd in Malaysia) to market and distribute Sourcefire’s security solutions throughout Malaysia.
M.Tech is a leading regional distributor of IT Security, Application Delivery Network and Video Communication solutions, with operations in 15countires including Malaysia.
(L): Mr Ivan Wen, Country Manager of Sourcefire Malaysia. (R): Mr Tan Chong Huat, Country Manager of M.Tech Malaysia.
Increasing Requirement for Security Solutions across the Asia-Pacific
According to a recent report from IDC¹, the continuous maturing of the Asia-Pacific IT security market has seen a growing number of highly publicized security breaches and threat events. In response, the IT security appliance market in Asia Pacific is set to reach US$2.8 billion by 2015 in customer revenue, making Asia-Pacific the quickest and fastest growing region in the world.
Ivan Wen, Country Manager of Sourcefire Malaysia, shares that the recent findings from IDC confirm the increasing requirement for security solutions across the Asia-Pacific region.
“We are delighted to partner with M.Tech, which works with some of the top security vendors in the market. M.Tech’s established presence in Malaysia will allow Sourcefire to introduce our offerings to new potential markets in order to meet the emerging IT security demands.”
Tan Chong Huat, Country Manager of M.Tech Malaysia also shares, “We are pleased about the opportunity to expand our partnership across the Asia Pacific region with Sourcefire to include Malaysia. Sourcefire’s security offerings will be a valuable addition to M.Tech’s array of IT security solutions.”
Sourcefire and M.Tech will work together to further support companies in Malaysia seeking next-generation security technologies and solutions to address advanced malware. Collaboration between the two companies will include providing on-site sales, marketing as well as technical support to M.Tech’s reseller partners.
In addition, Sourcefire has also appointed M.Tech as its value-added distributor in other Southeast Asian countries including Singapore, Thailand, Indonesia, India and Hong Kong.
(1) IDC "Asia Pacific Security Appliance Quarterly Tracker" [December 2012].