Industry Veterans Named to Lead New Offices in Australia, Hong Kong, Japan
and
India as Channel Grows to More Than 50 Partners
SEATTLE, Leading SSL
VPN technology company
Aventail is aggressively expanding its direct and channel presence in the
Asia
Pacific region. The company has opened four new sales support offices since
the start of
2005 in Australia, Hong Kong, Japan and India.
Asia currently accounts for 15 percent of Aventail
's worldwide appliance
revenue, up from 10 percent at the start of 2004., and ST Electronics in Singapore
. The Aventail Asia Pacific team also supports the company's managed
services partners, which utilize
Aventail's technology platform as the basis
for their own managed SSL VPN services.
Aventail
Japan has been launched under the management of Kazunari Tanaka,
an experienced sales executive with
extensive knowledge of Internet
technologies and building channels in the Japan market. Tanaka has
managed
sales operations in Japan for leading Japanese and multinational technology
companies
, including Sun Microsystems, Autodesk, and Vignette.aventail.
About Frost + Sullivan
Frost + Sullivan, a global growth consulting company, has been partnering
with clients to support
the development of innovative strategies for more than
40 years.frost.
The APAYcard platform
is being built to include capability to process
China Domestic Pin Debit transactions, which comprise
the majority of card
transactions in China today.
With APAYcard now deployed and in use in
Japan, Asia Pay is in the process
of identifying additional merchants in Japan to either convert
to transaction
processing via Asia Pay or to provide processing for new Japan retail merchant
locations
. Processing through APAYcard is extremely fast, very secure, and fully
featured. Systems, hardware
, and personnel are now
in place to enable Asia Pay to commence delivering service to clients.
top asia
SEATTLE and HONG KONG, According to Asia
Payment Systems, Inc. "By
enabling processing for both
Domestic China Debit Cards as well as
International Credit and Debit Cards, we are carving out a
very wide business
area for ourselves and our partners.:
http://www.
Asia Pay's mission
is to be a national provider of world-class third-party
processing services in China to bankcard
-accepting merchants, issuers of bank
credit cards, issuers of petroleum station retail cards, and
issuers of
merchandise and other retail cards.kong groups
Aventail's expansion in Asia comes as analysts
are forecasting strong
overall growth for SSL VPN revenue in the Asia Pacific region. Select companies
among
Aventail's fast-growing base of customers and service provider partners in the
region include
AT+T Japan, Hyundai Mobis in Korea, Korea Telecom Freetel
(KTF), NextCom, SANYO Corp. To find out
what Aventail customers like Aetna, DuPont, Office
Depot, Sanyo, and TNT already know about Aventail
's SSL VPN, go to
http://www.
The APAYcard processing system is based on Asia Pay's middleware
that
provides seamless connectivity to banks in China via taking XML messaging from
the retail
POS system and routing over IP to banks.
"The China APAYcard development is going well and we
hope to be able to
provide processing services in Q1 of 2005 to our rapidly growing prospective
client
roster," said Matt Mecke, President + CEO of Asia Payments.
"Asia Payments' IP-based solution
allows retailers to be independent of
financial organizations and able to go to market for card-processing
discount
rates, and thereby reduce their cost of doing business and add to the bottom
line. For
more information,
visit http://www.ereleases.kong groups
Lee has more than
10 years experience in the networking
and security industries and worked
several years for one of Hong Kong's largest system integrators
. Aventail's appliances and managed services
deliver secure, seamless access from anywhere, to any
application, on any
device. For more information, visit
http://www.
About Asia Payment
Systems, Inc.japan top
This announcement builds on Aventail's continuous global expansion, which
now
includes offices across North America, Europe and Asia as well as new
operations in Latin America
.
Aventail Asia Pacific New Team Members
Dickens Lee Tung Nam recently launched Aventail
's Hong Kong office,
managing sales and support for the Greater China region.
About Aventail
Aventail is the leading SSL VPN product company and the authority on
clientless anywhere secure
access. Major
service providers such as AT+T, MCI, Sprint, SITA SC, and Bell Canada have
built
their SSL VPN managed service businesses on Aventail's SSL VPN
technology.com. Other product and
company names mentioned are the
property of their respective owners and are mentioned for identification
purposes only.
(OTC Bulletin Board: APYM) there are 715+ million China
Pin-based Debit
Cards in China with an additional up to 60 million new Pin
Debit Cards being issued every year.com
This release was issued through eReleases(TM).com.kong hong
"Aventail is seeing incredible
market demand and opportunities for
aggressive growth across the Asia Pacific region, and we want
to provide
stronger support for our growing base of channel partners in the area," said
Michael
Ang, vice president, Asia Pacific, Aventail.
Aventail has hired industry veterans to head its
new offices, which will
work closely with Aventail's current and prospective channel partners in
the
region.
In Australia, Andrew Draper opened Aventail's new Melbourne office. Our discussions
with our partners
including SCRC Telecom and two of the largest 'Big Five' Chinese banks are
going
well and we hope to see the fruit of the Phase II APAYcard development
in the near future. We believe
APAYcard is unique and a clear winner for Chinese and
Japanese high-end merchants and their respective
acquiring banks," said Mecke.asia-pay.com
Asia Pay is a Nevada-incorporated company with
offices in Seattle, WA,
Beijing and Shenzhen in China, and in Hong Kong.
Matt Mecke
President + CEO
Tel: +1-866-877-APAY
Fax: +1-206-470-1150
ir@asia-pay.asia groups
Aventail
Expands Asia Sales and Support Operations With New Offices and Partners
Total market
revenues
for SSL VPN in Asia Pacific should increase from $29 million in 2004
to nearly $300 million in 2010
, according to a recent report by Himanshu
Sahasrabudhe, a senior analyst with Frost + Sullivan's
Technology Practice in
Singapore.
Ajay Kumar is building Aventail's channel and market in
India, a strong
emerging market in the region. Prior to joining Aventail, Kumar worked as a
sales
engineer with leading security-focused systems integrators in the
country, including Ramco Systems
and Blue Star. Aventail is positioned in the Leader quadrant in Gartner's 2004 SSL
VPN Magic Quadrant
and ranked as a Leader in the 2004 METAspectrum report on
SSL VPNs. Its advisory expertise integrates
growth consulting, growth
partnership services and corporate management training to identify and
develop
opportunities for clients. While serving clientele ranging from virtually
every Global
1000 to emerging companies, Frost + Sullivan's comprehensive
industry coverage includes a global
perspective of all vertical and horizontal
industries. Its unique coverage combines ongoing analysis
of markets,
technologies, econometrics, and demographics.
NOTE: Aventail, Aventail ASAP
, Aventail Smart SSL VPN, Aventail EX-1500,
Aventail EX-750, Aventail OnDemand, Aventail SA-1000,
Aventail SA-9000, and
their respective logos are trademarks, registered trademarks, or service marks
of Aventail Corporation. In China, APAYcard is now being customized to
provide China-specific
processing for multiple merchant projects which are now
underway, including the recently announced
Railway Ticket Counter pilot
project with SCRC Telecom ("China Railcom")."
Asia Payment Systems
announced that the system development for Phase I of
Asia Pay's proprietary APAYcard platform is
now complete and installed in
Japan, and the development for Phase II of APAYcard for use in China
is well
underway and expected to be completed Q1 of 2005. Asia Pay is developing a
credit card
processing network that provides clearing services to merchants,
oil companies, and financial Institutions
in China and in related markets
elsewhere in Asia.
Contacts:
Asia Payment Systems
, Inc.asia hong
These Aventail
offices are providing sales and technical support to the company's growing
channel
base in Asia, which now numbers more than 50 partners across the
region. The growth of this market
is being mainly fueled by Japan and
Australia, but in the coming years, apart from these two, contributions
from
South Korea, China and India are expected to increase as well, states the
Frost report.
Draper
brings over 10 years in sales and marketing in the Australian and New
Zealand data networking markets
and most recently was regional sales director
for Fortinet. Aventail was also recently awarded "Best
VPN" by SC Magazine.com.Asia Payments Systems Inc. Customized for Debit + Credit Cards in China
Once the APAYcard Pin Debit
customization is complete, Asia Pay will be able to process all International
Credit Cards as well as the 715+ million Domestic China Pin Debit Cards for
merchants across China
. In
addition, the company is continuing to identify sources of additional
financing to permit
the startup of nationwide operations in the China market.
top hong
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