archTIS expands into New Zealand, shares hit two-week high
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Special Report: Cybersecurity trust company archTIS has expanded into New Zealand, signing a reseller agreement for its secure collaboration platform Kojensi Gov.
TEAM Asparona, a key software services provider to the New Zealand government, will oversee accelerated commercialisation of the product in both governmental and non-governmental sectors in New Zealand.
Kojensi Gov is the first of a suite of products archTIS (ASX:AR9) is developing that allows parties to share and collaborate on highly sensitive and classified information.
The software allows government and their industry partners to define access to information at a highly granular level.
The reseller agreement follows archTIS’ roadshow of the technology to a number of key NZ government agencies in the past month. Shares were boosted by 4.4 per cent on the news, to a two-week high of 9.5c.
archTIS says Kojensi Gov is a perfect companion to TEAM Asparona’s content-as-a-service platform ContentWorX, which provides government clients with record and information management services. TEAM Asparona will offer Kojensi Gov to new and existing clients.
Daniel Lai, managing director of archTIS, said there had been an identified need for collaborate across NZ government departments at a classified level.
“The New Zealand public sector represents a real growth opportunity for us given its close alignment to our ongoing work with federal government stakeholders in Australia,” he said.
“TEAM Asparona know our product intimately, and align closely with our strategy of finding best-of-breed partners to help identify increased commercial opportunities. They are well-placed to capitalise on growing market appetite for our trusted cloud-based offering as we accelerate towards the next phase of growth for Kojensi Gov.”
James Fowler, TEAM Asparona’s CEO, said he had already strong demand for Kojensi Gov in his dealings with NZ government agencies.
“We have seen growing demand for secure collaboration solutions in recent years, particularly in the government market,” he said.
“In line with our commitment to select best-of-breed solutions for our customers, we recognised that Kojensi Gov represents an exciting combination of leading-edge innovation and archTIS’ extensive experience in the defence and secure agency sectors.”