WinMagic Market Share Leader in Japanese Disk Encryption Market, ITR Market View Shows

MISSISSAUGA, ONTARIO, CANADA – 1 December 2014 -WinMagic Inc., the global innovator in disk encryption, today announced it is the market share leader in the Japanese disk encryption market, according to data from Japanese information technology research firm ITR. WinMagic’s 43.8 percent share in 2013 more than doubled its closest competitor, according to a recent ITR Market View report. ITR projects WinMagic will own more than half the Japanese market by the end of 2014, with a 51.4 percent share.

“With heightened attention to data security, given high profile breaches worldwide, numerous organizations are evaluating their data encryption solutions, and they are finding WinMagic’s approach to be flexible, highly secure and not invasive to a company’s computing plans or the productivity of its employees,” said Mark Hickman, COO at WinMagic. “What is especially impressive about the ITR Market View data is that our growth continues to accelerate despite other well-advertised encryption methods, such as Microsoft BitLocker. Organizations clearly see how our solution is unique in its ability to centrally manage multiple encryption schemes, such as BitLocker, and the numerous efficiencies our solution provides, based on many years of innovation in the market.”

 According to ITR, the Japanese disk encryption market in 2013 surpassed 400M Yen (approximately US$4M) and is expected to grow 17.5 percent in 2014.

 

About WinMagic Inc.

WinMagic Inc. provides the world’s most secure, manageable and easy-to–use data security solutions. WinMagic’s SecureDoc is a comprehensive encryption and security management product that can manage data security across the enterprise. By encrypting entire disks, specific files or folders locally or on the network as well as mobile devices and removable media, SecureDoc secures your data wherever it is stored, providing enterprise grade data security policy and key management across all operating systems such as Windows, Mac OS, Android and Linux. SecureDoc is trusted by thousands of enterprises and government organizations worldwide. Our solutions help organizations to minimize business risks, meet privacy/regulatory compliance requirements, and protect valuable information assets against unauthorized access. With a full complement of professional and customer services, WinMagic supports over 6 million SecureDoc users in more than 80 countries.

For more information, please visit www.winmagic.com, call 1-888-879-5879 or e-mail us at info@winmagic.com.

WinMagic, SecureDoc, SecureDoc Enterprise Server, Compartmental SecureDoc, SecureDoc PDA, SecureDoc Personal Edition, SecureDoc RME, SecureDoc Removable Media Encryption, SecureDoc Media Viewer, SecureDoc Express, SecureDoc for Mac and SecureDoc Central Database are trademarks and registered trademarks of WinMagic Inc., registered in the US and other countries. All other registered and unregistered trademarks herein are the sole property of their respective owners. © 2014 WinMagic Inc. All rights reserved.

                                                       

Press Contacts:

Nina Korfias
MSLGROUP
781-684-0770
winmagic@mslgroup.com

Angel Massey-Singh
Vice President, Marketing
WinMagic Inc.
+1 (905) 502-7000 x3221
angel.ms@winmagic.com