F-Secure aims for solid growth in Indian market

Expansion on all fronts from service providers to consumers, mobile and corporate markets

Apr 4, 2006

Building on a firm foothold established a decade ago, F-Secure has announced its intention to expand its presence and operations in the Indian subcontinent. Already in February, F-Secure opened its India subsidiary in Mumbai followed shortly thereafter by a sales office in Delhi.

While F-Secure’s business focus in India has been principally with enterprise customers working through a network of local distributors and resellers, the establishment of a subsidiary will support the company’s strategy to now also target consumers and Small and Medium-sized Enterprises, mainly by working together with the Internet Service Providers in the region. Mobile Anti Virus will also be an important part of F-Secure’s offering as the 3G market picks up speed.

Speaking about the burgeoning Indian market, Risto Siilasmaa, President and CEO of F-Secure Corporation said: “F-Secure’s global strategy is to offer security as a service to our customers and we wish to now bring this successful model to the Indian market as well. The way to do this, I believe is to offer high quality, reliable and affordable data security services to ordinary Indian consumers. Figures from analysts suggest explosive growth in the DSL market alone and we want to be there to offer those millions of consumers a safe and secure online experience.”

About F-Secure Corporation

F-Secure Corporation protects consumers and businesses against computer viruses and other threats from the Internet and mobile networks. We want to be the most reliable provider of security services in the market. One way to demonstrate this is the speed of our response. According to independent studies in 2004, 2005 and 2006 our response time to new threats is significantly faster than our major competitors. Our award-winning solutions are available for workstations, gateways, servers and mobile phones. They include antivirus and desktop firewall with intrusion prevention, antispam and antispyware solutions, as well as network control solutions for Internet Service Providers. Founded in 1988, F-Secure has been listed on the Helsinki Exchanges since 1999, and has been consistently growing faster than all its publicly listed competitors. F-Secure headquarters are in Helsinki, Finland, and we have regional offices around the world. F-Secure protection is also available as a service through major ISPs, such as France Telecom, TeliaSonera, PCCW and Charter Communications. F-Secure is the global market leader in mobile phone protection provided through mobile operators, such as T-Mobile and Swisscom and mobile handset manufacturers such as Nokia. The latest real-time virus threat scenario news are available at the F-Secure Data Security Lab weblog at http://www.f-secure.com/weblog/

For more information, please contact:

Risto Siilasmaa
CEO, President
Mobile: +358 (0)40 050 2510
Fax: +358 (0)9 2520 5001
Email: firstname.lastname@f-secure.com