Canon IT Solutions to Deliver Clavister Network Security Solutions to Japanese Market

Clavister (STO:CLAV) signs distribution agreement with Canon IT Solutions to deliver advanced, high performance security technologies to the Japanese market

Clavister, a leader in high performance network security, today announced a distribution agreement with Canon IT Solutions, a core company of the Canon Marketing Japan (Canon MJ) group.

Canon IT Solutions has a significant share of the $360M market in Japan for security appliance sales (according to IDC Worldwide Quarterly Security Appliance Tracker (http://www.idc.com/tracker/showproductinfo.jsp?prod_id=38), Q1 2015), and will initially sell and distribute Clavister’s next-generation security solutions to the Japanese SME sector, expanding to the enterprise market. Canon IT Solutions has secured an initial low seven-digit SEK order for Clavister solutions, with further significant orders anticipated.

Shinya Kondo, Executive Officer, Group Executive Security Solution Business Division at Canon IT Solutions commented: "Our partnership with Clavister will enable us to offer a solution that is clearly differentiated in the market. The innovative and advanced technology, in addition to the strong level of support and close relationship Clavister has demonstrated has been impressive, we feel confident that we will be successful with Clavister's offering.”

Canon IT Solutions will incorporate Clavister’s solutions into its existing solution portfolio in order to better meet the ever-increasing functionality and capacity demands of its customers. Canon IT Solutions chose to partner with Clavister following an in-depth evaluation of its solutions, which showed that their performance and feature set far exceeded that of rival products, making them ideal for meeting the rigorous requirements of the Japanese market. Clavister will invest in market-specific solution and services development to support the partnership with Canon IT Solutions.

"Japan is a key growth market for Clavister,” said Jim Carlsson, CEO at Clavister, "With Canon IT Solutions, we have definitely found a partner which matches all of our expectations as a high profile brand, and it is with great pride, honor and respect that we start this journey together. We believe the relationship will be a key contributor to Clavister’s future growth."

Canon IT Solutions, is a fully-owned subsidiary of the Canon MJ group which has over 18,000 employees worldwide and is one of the most influential system integrators and resellers of IT services in the Japanese market. Canon MJ group is rapidly increasing its efforts to consolidate its position as a leading security solution provider.

It is expected that the Clavister products will be introduced in Japan by Canon IT solutions in Q4 2015. The partnership agreement is a non-binding contract with regards to sales quantities, but is anticipated to have a substantial impact on Clavister's net sales in the region.

Clavister’s solutions range entry level next-generation firewalls (NGFW) in desktop-sized packages, to Virtual Series Gateways that enable the highest levels of throughput, offering six nines (99.9999%) availability for carrier-grade security in the most demanding network environments. Clavister recently introduced a range of solutions for mobile network operators to secure 4G and LTE networks, enabling mobile network operators to secure their networks against cyberattacks and data interception. Clavister solutions run on Intel Architecture, utilizing DPDK and hardware accelerators in order to achieve exceptional performance levels far in excess of products from other vendors.

About Clavister

Clavister is a leading supplier of security for fixed, mobile and virtual network environments. Clavister is offering small and medium enterprises, telecom operators and suppliers of "Cloud" solutions market-leading security solutions for facing today's security threats. The Clavister Holding AB share is listed on NASDAQ First North under the name of Clav and has approximately 5,400 shareholders. Remium Nordic AB is the company’s Certified Advisor. For more information about Clavister, visit www.clavister.com

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