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Cryptomathic Opens Office in Sophia Antipolis

- 24  September  2013

e-security solutions provider, Cryptomathic, today announces the expansion of its international footprint with the opening of an office in France, located in Sophia Antipolis in Nice. The new operation, which will be headed up by Morten Landrock, Cryptomathic's Executive Vice President of Europe Middle East and Africa (EMEA), is Cryptomathic's fifth office.

The new office puts the company in close proximity to its growing customer base in Southern Europe. The enhanced regional presence allows Cryptomathic to strengthen the support it can offer to both new and existing customers in the region including major banks. Cryptomathic's solutions already provide the e-security for over 60% of the payment cards currently issued in France.

Morten Landrock, who has served at Cryptomathic for over 10 years, is responsible for growing its EMEA business, which is currently the biggest market for the company in terms of revenue. Speaking about the launch of the Sophia Antipolis office, Morten comments: "As new and innovative technologies like mobile payments and cloud security continue to gain traction in Southern Europe and globally, it is important for Cryptomathic to be close to its customers to support the successful implementation of their solutions.

"Sophia Antipolis is home to many of the world's largest high-tech companies and is renowned for its concentration of R&D intensive companies, making it the obvious choice for Cryptomathic's new office in the region. I'm delighted with the expansion we are making in EMEA while still managing to make waves and grow our business worldwide. We opened our first US office in 2011, which is already proving to be a great success. In the coming year we plan to open a Singapore-based operation to support our growing Asian customer base and we are also looking to open an office in Dubai in the not too distant future.  Cryptomathic has a highly skilled team working across its international offices and I'm pleased to be able to spend more time in Southern Europe as well as in our UK-based innovation centre."

Established more than 25 years ago, Cryptomathic was one of the first companies in the world to provide e-security solutions to businesses across a wide range of industry sectors. Today, Cryptomathic is a market leader in providing solutions across areas including key management, EMV, digital signatures and virtual smart cards. Cryptomathic has a global customer base of more than 300 companies and governments, including multinationals, such as card payment processors and payment schemes.

Cryptomathic is attending World Smart Week from 24-27 September in Sophia Antipolis - stand 22. Visit the stand to find out more about Cryptomathic and receive demonstrations on the technology.