21 March 2010
MFT to facilitate secure transfer of business information, provide an alternative to legacy systems in the region

Al-Falak Electronic Equipment & Supplies Co., a leading provider of technology-based end-to-end solutions in the Middle East, has announced that it has entered into a strategic partnership with Axway, the Business Interaction Networks company, to provide managed file transfer (MFT) solutions to the region's companies as a more economical and advanced alternative to legacy systems.

Under the terms of the agreement, Al-Falak will be authorized to deploy Axway MFT solutions to help Middle Eastern companies monitor file transfers across the web, thus reducing the possibility of data loss and significantly enhancing business transactions.

"Our business alliance with Axway allows us to offer a viable and preferable alternative to the legacy solutions currently in place that no longer meet the needs of today's evolving business standards. This partnership gives us an opportunity to reinvigorate the market and offer businesses the ability to gain control of their data while reducing costs," said Bob Hall, Regional Sales Manager, Software Products Division, Al-Falak. 

"As the Middle East is expanding its technology adoption, companies located in this region are looking to leaders such as Axway and Al-Falak to provide them with MFT solutions that enhance visibility, improve governance and solidify community management. Working with Al-Falak enables us to expand our MFT reach into new markets across the globe and provide organizations with the ability to conduct flawless business interactions," added Tristan Corsi, Vice President, Indirect Distribution - EMEA, Axway.

Many organizations are still using unsecure tools such as File Transfer Protocol (FTP) and Secure File Transfer Protocol (SFTP) to handle complex file and data sharing requirements, making it difficult for them to manage the transfer of information between disparate entities.  Companies can no longer rely on home-grown or outdated systems to transfer mission-critical business information online in today's fast-paced and security-sensitive world.  Ensuring that business interactions are flexible and secure is critical for the successful exchange of data, both inside and outside the organization.  Now, companies can move information as part of planned and unplanned processes, regardless of size and complexity, between trading partners, suppliers and customers across different formats, applications and technologies while keeping up with regulatory standards.

Al-Falak and Axway will be exhibiting together at Middle East Financial Technology conference (MEFTEC) 2010, the world's leading financial technology event for emerging markets. The event will be held from April 20 to 21, 2010 at the Bahrain International Exhibition Centre in Manama, the Kingdom of Bahrain. 

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About Axway
Axway is the Business Interaction Networks company -- the only provider in the market today to manage, run, secure, and monitor all of your business interactions, including email, files, messaging, services, events, and processes. Serving over 11,000 organizations in more than 100 countries, Axway facilitates the multi-enterprise transactions, processes and integration that accelerate business by eliminating the barriers between vendors, customers, departments, partners and suppliers. Axway's comprehensive offerings include business-to-business integration, managed file transfer, secure email, business activity monitoring, enterprise application integration, service-oriented architecture, business process management, track & trace and identity validation solutions. Axway provides professional and managed services, as well as cloud computing and Software-as-a-Service (SaaS) offerings. Headquartered in Phoenix, Arizona, Axway's global presence spans 20 countries.

About Al-Falak Software Solutions Division (SPD)
Al-Falak Software Solutions division (SPD) was setup in 1988 to source and distribute software products to the major markets in the Arabian Gulf. Since then, Al-Falak SPD has grown into one of the Gulf's major software vendors and represents a number of the world's leading software houses like Compuware, Serena, Vanguard, Axway, Halcyon, QSL, Rocket Software, Beta Systems, Williams Data Systems and IBM. This division is responsible for providing software solutions for mainframe, distributed, and client/server systems.

Its offerings include:

•           Change Management

•           Security Products

•           Testing & Data Management

•           Performance Monitors

•           E-Business Solutions

http://www.alfalakspd.com/

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© Press Release 2010