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TheStreet Open House

Commtouch Completes Acquisition Of FRISK Software Antivirus Business

MCLEAN, Virginia, October 2, 2012 /PRNewswire/ --

Commtouch ® (NASDAQ: CTCH), a leading provider of cloud-based solutions for security companies and service providers, today announced it has closed the purchase of Iceland-based FRISK Software International's antivirus business, as of October 1, 2012.

     (Logo: http://photos.prnewswire.com/prnh/20120501/529254 )

The acquisition dramatically accelerates Commtouch's antivirus roadmap and enables the company to more quickly provide the most advanced antivirus technology utilizing the combined resources of both organizations. It also helps support the launch of private label antivirus solutions for the OEM and service provider markets while also enhancing the company's SaaS capabilities.

Additionally, it also allows both companies to combine resources and support the upcoming launch of version 7 of the F-PROT Antivirus product that features unrivaled heuristic detection capabilities. The latest version of F-PROT Antivirus is set to feature new capabilities that harness the specialties of both FRISK Software and Commtouch, resulting in F-PROT's most advanced solution to date. It will also include rebranding capabilities and multilingual support in eight languages.

"We're extremely pleased to announce the completion of our acquisition of FRISK Software's antivirus business," said Shlomi Yanai, CEO at Commtouch.  "This acquisition illustrates our commitment to offering the latest protection technologies and the best detection on the market. The operational synergies and key intellectual property that FRISK Software brings allow Commtouch to accelerate its antivirus strategy and offer an industry-leading private label antivirus application that both vendors and service providers can use to differentiate themselves from competition. The acquisition of FRISK Software is yet another example of how we're building an even stronger Commtouch with unmatched expertise and clear growth prospects."

For more information on Commtouch, FRISK Software and the acquisition, visit http://www.commtouch.com.

About Commtouch

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