Clavister Enhances Presence in Brazil with CISB Membership

STOCKHOLM. 2015-01-15, by Nikolas Georgii

Following a series of deals in Brazil Clavister joins the Swedish-Brazilian Research and Innovation Centre (CISB) to enhance profile in the country  

 

Clavister (Nasdaq: CLAV), a leader in high-performance network security, has joined the Swedish-Brazilian Research and Innovation Centre (CISB) to further enhance its market presence in Brazil.

Having secured a breakthrough order for its next-generation firewall solutions in 2014 leading to a number of further deployments by Brazilian authorities at regional and national levels, Clavister views Brazil as a key strategic market and is aiming for further growth in the country in 2015.

The CISB is an international initiative with connection to Industry and Education tasked with identifying, developing and supporting research and development projects involving advanced technologies in a wide range of sectors in both Sweden and Brazil. With members including SAAB, Scania, Volvo and The Royal Institute of Technology (KTH) the CISB is working to enhance trade between the two countries, and drive greater collaboration on a wide variety of solutions.  

Jim Carlsson, CEO of Clavister commented: “As part of our strategy to grow our presence and service existing clients in Brazil our membership of the CISB is vital. Clavister’s involvement in the bilateral activities between Brazil and Sweden will enable us to further develop our solutions and enable more Brazilian organisations to access our state of the art network security solutions.”

Magnus Svärd, Global account manager said:  “Collaboration is essential in the cyber security market and Clavister’s CISB membership corresponds well with our strategy to further develop solutions targeted at the Brazilian market, and support activities to help Brazil become self- sufficient in the field of cyber security. Our technology is now well positioned to help achieve this in the fields of telecommunications, Government or expansion and Wi-Fi networks.”  

The announcement follows on from Clavister taking a leading role in the Brazil Smart Cities Project in partnership with the KTH Royal Institute of Technology and Saab, amongst others.  The project will focus on delivering secure wireless networks at 1600 locations, which will be used by 30 million people across the country.

International expansion into Brazil and other markets including Japan have been critical to Clavister’s recent success. The company’s financial results for August – October 2014, reported sales growth of 53% year on year during the period, compared with third quarter growth of 31%.