Identity Management Provider M-Tech Experiences Record Growth in 2004 (email this article)

Company Signs 70 New Customers as Demand for Market Leading Identity Management Solutions Increases

CRM Headline News

Calgary, AB – October 6, 2004 – M-Tech Information Technology (Company Profile, Past Stories, Case Studies), Inc., a leading provider of identity management solutions, today announced a record increase in the number of sales for its Identity Management solutions, during the first three quarters of 2004. M-Tech has added 70 organizations to its growing customer roster from industries such as retail, pharmaceuticals and government.

Along with acquiring a record number of customers in the last nine-months, the company bolstered revenues and expanded its sales, business development and professional services departments to handle the increased demand from its customers and prospects. M-Tech has also added a number of international partners to meet the requirements of global companies who are now adopting the company’s state-of-the-art identity management solutions. To date, the company is working with eight of the largest Managed Service Providers (MSP) in North America to help grow M-Tech Identity Management Suite, including ID-Synch for user provisioning and P-Synch for password management.

“The record number of new customers in 2004 demonstrates that M-Tech continues to be a leading independent vendor within the identity management market space,” said Gideon Shoham, CEO of M-Tech. “From our direct sales to our partner programs, the company has seen significant growth across the board. Our executive team is extremely proud of the work that our employees have done and we look forward to continued company growth and expanded industry adoption of our identity management solutions.”

Some of the leading companies who have selected M-Tech solutions in 2004 include: Abercrombie & Finch, New York City Department of Corrections, Centura Health, Credit Lyonnais Americas, Barclays Bank, Symbol Technologies, Neiman Marcus Group, Marathon Oil, State of Louisiana, The Weather Channel and many other organizations and government municipalities.

In order to meet needs resulting from M-Tech’s rapid corporate growth, the company recently relocated to its brand new 41,000 square foot building. The new M-Tech owned facility was designed exclusively to create an environment for product R&D, client and partner training, staff development, and long term expansion.

About M-Tech Information Technology, Inc.
M-Tech is a leading provider of identity management solutions for the enterprise. The M-Tech Identity Management Suite combines ID-Synch® for user provisioning, P-Synch® for password management, ID-Certify to provide regulatory assurance, ID-Access for self-service resource access, ID-Discover for account clean-up and reconciliation, and ID-Telephony™ for telephone password reset. Combined, these products offer a comprehensive identity management solution for mid-sized organizations to global enterprises. M-Tech is the only identity management software vendor to consistently prove an ROI in three to six months.

M-Tech’s customers include Ford Motor Company, Sears Roebuck, Kimberly-Clark Corporation, United Technologies Corporation, Wendy’s International, NCR Corporation, Schering-Plough Pharmaceuticals, Symantec, Cadence Design Systems, Washington Mutual, Pfizer, Best Buy, Bristol-Myers Squibb, MetLife, Maytag, Pitney Bowes and more. For more information on M-Tech and its products, please visit mtechIT.com or call 403.233.0740.

 2004 M-Tech Information Technology, Inc. All rights reserved. M-Tech, M-Tech IDM Suite, P-Synch, ID-Synch, ID-Access, ID-Discover , ID-Telephony, AdMax and ID-Certify, are trademarks or registered trademarks of M-Tech Information Technology, Inc. in the United States, Canada, and all other countries. All other marks, symbols and trademarks are the property of their respective owners.
 

Editorial Contact:
Sascha Neth
M-Tech Information Technology
403-233-0740 ext. 281
sascha_neth@mtechIT.com