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TWST: May we start with a short introduction to your company?
Mr. Miller: Secure Data in Motion, Inc., now doing business as Sigaba, was
founded in early 2000 as a company beginning to sell a secure messaging platform
for the global environment and focused on building applications, specifically
secure e-mail and secure instant messaging clients. That was in and around a
time when there were lots of information sharing problems and there continues to
be many problems around how people communicate securely over the public domain
or the public Internet. In order to achieve that, the company built a server
side technology that allows different types of encryption with a patented key
management process to occur in order to secure these IP or Internet Protocol-
based applications.
The Company is backed by Liberty Partners, a New York based leveraged venture
capital fund. They are the sole investor from an outside perspective. Sigaba's
Executive Chairman of the company is Robert E. Cook, who is also an investor in
the company and has had many successful investments over the years, including
WebMethods, VM Software, Systems Center, Roadshow.
The company currently is headquartered in San Mateo in Silicon Valley and has
offices in the Washington DC area, New York City, Chicago, and San Diego. We
currently serve the federal government in their cross domain information-sharing
problems of how to securely communicate from the Department of Homeland Security
to the first-responder organizations. We also serve financial services companies
such as Bank of America, Fidelity and Key Bank, all of which are key customers
of ours, as well as in the healthcare and in insurance spaces. TWST: What contributions do you derive individually from the commercial and
government side?
Mr. Miller: In revenues, it's actually still pretty even as far as revenues for
the year, good growth around the federal sector and growth in and around the
financial services and healthcare communities. A lot of current customers are on
an upgrade path buying additional technologies as well as new customers, in all
the markets, buying what we call secure messaging today.
Tickers included in this excerpt: PVT
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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