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Applied Security: Company History

In 1998, Klaus-Peter Breitenbach, Volker Röthel and Frank Schlottke, the three CEOs of Applied Security (apsec), and their team began developing innovative software products and individual IT security solutions in the areas encryption, digital signatures and authentication. The goal was to help companies fight against security holes and data thieves. As it turned out, it was the right idea at the right time.

In the second year of operations, the trio managed to convince the investors of the 3i Group at the "Catapult" competition in Europe to receive additional funding. Equipped with five million German deutschemarks in venture capital, apsec developed its own product line and met its next entrepreneurial milestone in 2003, by winning a major contract the Bavarian government (Förderpreis der bayrischen Landesregierung). This contract tasked the company with the development of a transparent document encryption system. The system developed for this contract provided the basis for fideAS® file enterprise – which is now used to address Data Loss Prevention needs and is available to more than 85 percent of the European market.

fideAS®: Trust Applied Security!

The fideAS system was created and developed in-house by the cryptography specialists at apsec and is integral to six different applications available to European customers.

Today, the Company has expanded its offering to include fideAS® health, a system for secure data exchange and fideAS® sign for legally binding electronic signatures. fideAS® file enterprise is used for the transparent encryption of data and files.

Award Winning Solutions

In 2007 and 2008, fideAS® file enterprise and sign won the innovation awards of the "Initiative Mittelstand", an initiative for medium-sized businesses. apsec’s customers also approve of the systems. The company continues to grow and succeed, as more and more businesses seek us out for solutions to their data loss prevention needs. Their customers include banks and financial systems, health insurance companies and governmental authorities, among others.

International Demand

Data theft knows no bounds. That is why Applied Security has now become internationally successful. The formation of apsec UK in London, apsec UAE in Dubai and apsec US Incorporated in Grand Rapids, Mich. has laid the foundation for global growth. Distributors in Austria, Poland and the Netherlands have already been contributing to apsec’s "cross-border" business success for some time.

The Company is systematically building upon our history of success. With the fideAS® product line, apsec is working to become the leading international provider for Data Loss Prevention solutions – as a reliable partner for businesses and governments around the world.