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M-Tech Expands to Meet Growing Demand

M-Tech Mercury Information Technology, Inc. is pleased to announce a major expansion to meet growing demand for its password management products. This expansion includes:

 * New staff in product engineering, customer  support and sales.
 * Acquisition of new office space for immediate use.
 * Commencement of work on a new, even larger head office location.
 * New offices across North America.
 * Plans for new offices in Europe and Asia.

M-Tech's CEO, Mr. Gideon Shoham, said, "We are experiencing a sharp increase in product inquiries, evaluations and licenses sold.  This includes significant growth in business with Fortune-500 companies and similarly large non-profit organizations world-wide."  He added that M-Tech attributes this increase to a maturing market segment, combined with increased desire on the part of large organizations to contain end-user support costs.

Mr. Shoham said that M-Tech has recently opened several branch offices, with offices now serving customers in the following locations:

 * Vancouver, BC, Canada
 * Los Angeles, CA
 * Dallas, TX
 * Philadelphia, PA
 * New York, NY
 * Washington DC
 * Atlanta, GA
 * Chicago, IL

M-Tech currently serves customers overseas remotely and with the help of its global partners.  Plans are now underway to extend support for global customers through new offices at:

 * London, England
 * Frankfurt, Germany
 * Hong Kong

Mr. Shoham added that M-Tech had been able to fund its growth using operating revenues: "Our profitability and careful management allow us to meet the increased demand without incurring business risk for ourselves or our customers."

About M-Tech

M-Tech is a computer security and e-support products and services company. We make security software to streamline user authentication, improve user service and reduce user support costs. Our products improve the security of network systems and lower their operating costs.

To find out more about M-Tech, visit http://www.m-tech.ab.ca/.


About P-Synch

M-Tech's flagship product, P-Synch, is the leading password management solution. With over 2 million users in 400 organizations world-wide, P-Synch manages more passwords for more users on more systems than any other product on the market.

To find out more about P-Synch, visit www.psynch.com.

 
Editorial Contact:
Karine Aviv
M-Tech Mercury Information Technology
403-233-0740 ext 229
karine@psynch.com
 
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