Syncsort Advances Security Strategy with Acquisition of Townsend SecurityÔÇÖs IBM i Data Privacy Products

Acquired Products and New Reseller Agreement with Townsend
Security Strengthen SyncsortÔÇÖs IBM i Security Offering to Meet
CustomersÔÇÖ Critical Compliance and Data Protection Requirements

PEARL RIVER, N.Y.–(BUSINESS WIRE)–#BigData—Syncsort,
the global leader in Big Iron to Big Data software, today announced it
has signed a definitive agreement to acquire IBM i encryption,
tokenization, authentication, FTP and SIEM integration products from
Townsend Security, a Washington-state based provider of data privacy
software. Additionally, the companies are announcing a partnership
agreement for Syncsort to resell Townsend SecurityÔÇÖs Alliance
Key Manager product.

The acquired products handle key use cases for encryption of data at
rest, encryption of data in motion, SIEM integration, secure FTP and
two-factor authentications for IBM i. These products and the new
partnership further extend SyncsortÔÇÖs leadership in IBM i security and
high availability products, and address the encryption key management
needs of their enterprise customers. The two companies will work
together on new innovations in cross-platform encryption.

Townsend SecurityÔÇÖs Alliance Key Manager enterprise key management
solution for IBM i, IBM z, Windows and Linux supports key database and
cloud management platforms and complements the IBM i encryption and
authentication offerings Syncsort has acquired. Townsend Security serves
over 3,000 companies worldwide with NIST-validated and FIPS 140-2
compliant solutions to meet encryption and key management requirements
in PCI DSS, HIPAA, FISMA, GDPR and other regulations.

ÔÇ£The increased focus on data privacy, including new regulations like
GDPR, is raising pressure on IT to meet growing compliance requirements.
The addition of Townsend SecurityÔÇÖs IBM i products extends our unique
capabilities to help IBM i users tackle these challenges. The technical
and product direction of TownsendÔÇÖs security software is a natural fit
with SyncsortÔÇÖs IBM i security strategy, making the acquired solutions a
great fit for our Syncsort Assure product portfolio,ÔÇØ said Josh Rogers,
CEO, Syncsort. ÔÇ£Additionally, encryption and key management have become
a critical aspect of security and compliance management. Our partnership
with Townsend Security addresses these needs by helping enterprises
reduce risk, support business continuity and demonstrate compliance with
regulations like PCI DSS, HIPAA and GDPR.ÔÇØ

Townsend SecurityÔÇÖs Alliance Key Manager provides encryption key
management and encryption services to a wide set of relational database
solutions, big data solutions and blockchain platforms. With out of the
box integrations for the IBM i, Microsoft SQL Server, MongoDB, and a
wide variety of SDKs and client-side applications, enterprises can
easily protect private information.

ÔÇ£TodayÔÇÖs business environments require data be sent outside the
organization to partners, vendors and customers. This complicates
compliance strategies, and makes it increasingly difficult to prevent
the data getting into the wrong hands because of employee error or
malicious attacks,ÔÇØ said Patrick Townsend, Founder and CEO, Townsend
Security. ÔÇ£Syncsort, with their global market presence and channel and
direct sales organizations, will be a great partner in extending the
success of the IBM i security products, as well as our Alliance Key
Manager. Their focus on optimizing, assuring and integrating data,
provides a rich environment for innovation.ÔÇØ

The acquisition and partnership help Syncsort deliver on its ongoing
commitment to strengthening the IBM i platform and to companies that
rely on its performance and resilience to drive their businesses
forward. An additional delivery on this strategy, also announced
today, is new, internally-developed software that formats and
forwards IBM i machine log data to Splunk for advanced analytics to
support SIEM and ITOA initiatives.

Koley Jessen served as legal advisor to Syncsort.

About Syncsort

Syncsort is the global leader in Big Iron to Big Data software. We
organize data everywhere to keep the world working ÔÇô the same data that
powers machine learning, AI and predictive analytics. We use our decades
of experience so that more than 7,000 customers, including 84 of the
Fortune 100, can quickly extract value from their critical data anytime,
anywhere. Our products provide a simple way to optimize, assure,
integrate, and advance data, helping to solve for the present and
prepare for the future. Learn more at syncsort.com.

About Townsend Security

Townsend Security creates data privacy solutions that help organizations
meet evolving compliance requirements and mitigate the risk of data
breaches and cyber-attacks. Over 3,000 companies worldwide trust
Townsend SecurityÔÇÖs NIST and FIPS 140-2 compliant solutions to meet the
encryption and key management requirements in PCI DSS, GDPR,
HIPAA/HITECH, and other regulatory compliance requirements. Learn more
at www.townsendsecurity.com.

Contacts

Media:
SHIFT Communications
Sarah Babbitt, 617-779-1803
[email protected]
or
Syncsort
Incorporated
Michael Kornspan, 201-930-8216
Senior Director,
Corporate Communications
[email protected]
or
Townsend
Security
Luke Probasco, 360-359-4408
Director of Marketing
[email protected]