• JV will launch $100m fund
• Fund to invest in Middle East, Turkey and North Africa

WASHINGTON/ABU DHABI, May 14 – U.S. private investment company Paladin Capital Group and Abu Dhabi-based investment company Invest A.D. have established a private equity joint venture that will channel investments into the Middle East and North Africa (MENA) region and Turkey.

The joint venture between Paladin Capital (Middle East) Limited, a company registered in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority, and Invest A.D., a subsidiary of the Abu Dhabi Investment Council — a leading sovereign wealth fund — plans to launch a $100 million fund to tap growing global investor interest in new emerging markets growth opportunities.

The joint investment team has identified a strong deal pipeline in the Middle East, North Africa and Turkey, a region that is expected to see GDP growth of 4.7 percent this year and 3.8 percent in 2013*.

“Small- and medium-size companies are the backbone of the region’s economy, and they are hungry for capital to expand, operationally and geographically, in the process creating jobs and increasing profits” said Mr. Michael Steed, Founder and Managing Partner of Paladin Capital Group and Chairman of Paladin Capital (Middle East) Limited.

“As they move to the next level, their prospects are excellent, given that MENA economies are set on a strong growth trajectory, and are performing well considering the uncertain global backdrop”.

“Companies in the MENA region are looking for stable and respected partners to help them achieve their ambitions, not just with capital, but with expertise and international business networks,” said Invest A.D.’s Chief Executive Officer, Mr. Nazem Fawwaz Al Kudsi.

“The Paladin-Invest A.D. partnership delivers weighty international experience, an excellent deal making track record, and a deep boots-on-the-ground knowledge of the region’s public and private sectors,” he added.

The joint venture’s advisory board includes leading figures, such as former NATO Supreme Allied Commander General Wesley Clark, former Senior White House Advisor Richard Clarke, and former Chairman of the US Democratic National Committee Terry McAuliffe.

Paladin Capital Group is a leading multi-stage private equity firm with offices in Washington, D.C., New York and Dubai, UAE that provides funding to growing companies. Across the globe, from Silicon Valley to Brazil, Paladin invests in “best-of-breed” companies with technologies, products, and services that meet the challenging demands of commercial, federal, and international customers. Paladin is comprised of individuals with a proven track record of financial expertise and technical competence. Collectively, Paladin’s investment professionals have completed over 125 direct and co-investments transactions in a wide range of industries. Paladin has approximately US$ 1 billion of committed and invested capital across multiple funds and has invested in over 50 portfolio companies.

Invest A.D. – the Abu Dhabi Investment Company – was founded in 1977 and is owned by the Abu Dhabi Investment Council, a sovereign wealth fund owned by the Abu Dhabi government. With headquarters in Abu Dhabi, and offices in Dubai, Istanbul and Casablanca, Invest A.D. specialises in growth markets in the Middle East, Turkey and Africa. After 35 years of experience in these markets, the company has acquired the deep experience and wide networks necessary to identify and access real opportunity for its international clients. Its team of professionals has a strong track record in the Middle East and Africa and is fully acquainted with the nuances of a complex but immensely promising region.

*Source: IMF World Economic Outlook – April 2012.

Ends

For further information please contact:

Dominic Whiting in Abu Dhabi, +971 56 174 0293, Email:  investad@brunswickgroup.com

Tom Williams in Washington, +1 (202) 393 7337, Email:  twilliams@brunswickgroup.com

About Invest A.D.

Established in 1977, Invest A.D. is a leading Abu Dhabi government-owned financial services company, focused on tapping the growth markets of the Middle East and Africa. Invest A.D. offers investors access to both private equity and listed equity opportunities in these regions, blending international best practice with intimate knowledge of the markets, networks and dynamics of each country.

www.investad.com

About Paladin Capital Group

With offices in Washington, D.C., New York, New York and Dubai, United Arab Emirates, Paladin Capital Group is a leading multi-stage private equity firm providing capital and strategic guidance to growing companies.  The firm focuses on companies with products and services that are “dual use” in nature, serving both commercial and government customers.    Paladin has approximately US$1 billion dollars of committed capital across multiple funds and has invested in over 50 portfolio companies.

http://www.paladincapgroup.com

“بَلادِن كابيتال جروب” وشركة أبوظبي للاستثمار تطلقان مشروعًا مشتركًا للملكية الخاصة

• إطلاق صندوق استثماري بقيمة 100 مليون دولار من خلال المشروع المشترك
• الصندوق سوف يستثمر في الشرق الأوسط وتركيا وشمال أفريقيا

واشنطن/ أبوظبي، 14 مايو 2012:

أعلنت شركة الاستثمار الأمريكية “بَلادِن كابيتال جروب” وشركة أبوظبي للاستثمار – والتي تتخذ من العاصمة الإماراتية مقرًا لها – عن قيامهما بتأسيس مشروع مشترك للملكية الخاصة بهدف حفز تدفق الاستثمارات إلى منطقة الشرق الأوسط وشمال أفريقيا وتركيا.

سوف يقوم المشروع المشترك بين شركة “بَلادِن كابيتال” (الشرق الأوسط) المحدودة، وهي شركة مسجلة في مركز دبي المالي العالمي وتقع تحت إشراف سلطة دبي للخدمات المالية، وشركة أبوظبي للاستثمار التابعة لمجلس أبوظبي للاستثمار، أحد صناديق الثروات السيادية الرائدة، بإطلاق صندوق استثمار بقيمة 100 مليون دولار بهدف اقتناص فرص النمو في الأسواق الناشئة الجديدة، والتي باتت محط اهتمام متزايد من المستثمرين حول العالم.

هذا وقد قام فريق الاستثمار المشترك بين الشركتين بتحديد عدد من الصفقات المحتملة في منطقة الشرق الأوسط وشمال أفريقيا وتركيا، وهي منطقة يُتوقع أن ترى نموًا في الناتج المحلي الإجمالي بنسبة 4.7% خلال العام الحالي و 3.8% في العام 2013*.

وقال السيد مايكل ستيد، المؤسس والشريك المدير لشركة “بَلادِن كابيتال جروب” ورئيس مجلس إدارة شركة “بَلادِن كابيتال” (الشرق الأوسط) المحدودة في تعليق له:

“الشركات الصغيرة ومتوسطة الحجم هي العمود الفقري لاقتصاد المنطقة، وهي بحاجة ماسة لرؤوس الأموال من أجل التوسّع في عملياتها ورقعتها الجغرافية، وذلك بهدف خلق فرص العمل وزيادة الأرباح. وتتمتع هذه الشركات بفرص ممتازة مع انتقالها إلى مراحل أكثر تقدمًا في مسيرة نموها، حيث أن اقتصادات منطقة الشرق الأوسط وشمال أفريقيا مرشحة لفترة من النمو القوي، علمًا بأن أداءها الحالي جيد في ظل الظروف العالمية غير المستقرة.”

وقال السيد ناظم فوّاز القدسي، الرئيس التنفيذي لشركة أبوظبي للاستثمار:

“تبحث الشركات في منطقة الشرق الأوسط وشمال أفريقيا عن شركاء يتمتعون بالاستقرار والسمعة الطيبة لمساعدتهم على تحقيق طموحاتهم، ليس من خلال رؤوس الأموال فحسب، بل أيضًا عن طريق توظيف الخبرات والمعارف ضمن شبكات الأعمال الدولية. من هنا، تأتي هذه الشراكة بين شركة أبوظبي للاستثمار و ’بَلادِن‘ لتقوم بإيصال الخبرة الدولية الرزينة، وسجل ممتاز في إتمام الصفقات، ومعرفة عميقة بالقطاعين العام والخاص عبر دول المنطقة، تدعمها الزيارات الميدانية الشخصية لأعضاء فِرَقنا.”

ويتضمن المجلس الاستشاري للمشروع المشترك شخصيات بارزة أمثال القائد الأعلى السابق لقوات حلف شمال الأطلسي (ناتو) الجنرال ويسلي كلارك، وكبير مستشاري البيت الأبيض السابق ريتشارد كلارك، والرئيس السابق للحزب الديمقراطي الأمريكي تيري ماكوليف.

وتُعتبر شركة “بَلادِن كابيتال جروب” شركة رائدة في مجال الملكية الخاصة ذات المراحل المتعددة تقوم بتزويد الشركات النامية بالموارد المالية، ولديها مكاتب في العاصمة الأمريكية واشنطن، ونيويورك، ودبي. وتقوم “بَلادِن” بالاستثمار في أفضل الشركات من خلال التقنيات والمنتجات والخدمات التي تفي بمتطلبات العملاء التجاريين والحكوميين والعالميين في مختلف أنحاء العالم، من وادي السيليكون إلى البرازيل. وتتضمن “بَلادِن” العديد من الخبراء الذين يتمتعون بسجلات ممتازة في الخبرات المالية والكفاءات التقنية، حيث قام خبراء الاستثمار في الشركة مجتمعين بإتمام أكثر من 125 صفقة استثمارية مباشرة ومشتركة في العديد من الصناعات المتنوعة. وتمتلك “بَلادِن” حوالي 1 مليار دولار من رؤوس الأموال تم التعهد بها أو استثمارها عبر عدد من الصناديق، كما قامت بالاستثمار في أكثر من 50 شركة ضمن محفظتها.

أما شركة أبوظبي للاستثمار فقد تأسست في العام 1977 وهي مملوكة من قبل مجلس أبوظبي للاستثمار، أحد صناديق الثروات السيادية التابعة لحكومة أبوظبي. وتتخذ شركة أبوظبي للاستثمار من العاصمة الإماراتية أبوظبي مقرًا لها، كما أن لديها مكاتب في دبي وإسطنبول والدار البيضاء، حيث تتخصص الشركة في الاستثمار بالأسواق النامية في منطقة الشرق الأوسط وتركيا وأفريقيا. وقد نجحت الشركة على مدى 35 عامًا من الخبرة ضمن هذه الأسواق في اكتساب كل من الخبرة العميقة والعلاقات واسعة النطاق اللازمتين لتحديد واقتناص الفرص الحقيقية للعملاء الدوليين. ويتمتع الكادر المهني للشركة بسجل حافل في منطقة الشرق الأوسط وأفريقيا، بالإضافة إلى الدراية الكاملة بالفروقات الدقيقة التي تميّز مختلف الدول في منطقة واعدة جدًا على الرغم من التعقيدات السائدة فيها.

* المصدر:  تقرير آفاق العالم الاقتصادية لصندوق النقد الدولي – أبريل 2012.

انتهى    

نبذة عن “إنفست إيه دي”

تعتبر “إنفست إيه دي”، التي تأسست عام 1977، شركة خدمات مالية رائدة تابعة لحكومة أبوظبي، وتركز على الاستفادة من تنامي أسواق منطقة الشرق الأوسط وأفريقيا. وتعمل الشركة على تقديم الفرص الاستثمارية الفريدة من نوعها على صعيد الاستثمار في الشركات المدرجة والخاصة في منطقة الشرق الأوسط وأفريقيا، متبعةً نهجاً يعتمد على مزيج من أفضل الممارسات العالمية والمعرفة الغنية بالسوق المحلي والشبكات، والشؤون المتعلقة بالبلدان التي تعمل فيها.

www.investad.com

نبذة عن “بَلادِن كابيتال جروب”

وتُعتبر شركة “بَلادِن كابيتال جروب” شركة رائدة في مجال الملكية الخاصة ذات المراحل المتعددة تقوم بتزويد الشركات النامية بالموارد المالية، ولديها مكاتب في العاصمة الأمريكية واشنطن، ونيويورك، ودبي. وتقوم “بَلادِن” بالاستثمار في الشركات من خلال المنتجات والخدمات ذات الاستخدام المزدوج التي تفي بمتطلبات العملاء التجاريين والحكوميين. وتمتلك “بَلادِن” أكثر من 950 مليون دولار من رؤوس الأموال تم التعهد بها أو استثمارها عبر عدد من الصناديق، كما قامت بالاستثمار في أكثر من 50 شركة ضمن محفظتها.

http://www.paladincapgroup.com

للمزيد من المعلومات، يرجى الاتصال بـ:

دومينيك وايتينج +971 56 174 0293، بريد إلكتروني: investad@brunswickgroup.com

وجيه حلاوة+971 50 100 9207 ، بريد إلكتروني: investad@brunswickgroup.com

Through a Co-operative Research and Development Agreement (CRADA) with the NSA/CSS, as represented by the Information Assurance Directorate, Fixmo is actively engaged in various projects centered on mitigating mobile risk. Through the NSA Technology Transfer Program (TTP), Fixmo has driven the transition of powerful mobile risk management solutions from government off-the-shelf (GOTS) products to commercial off-the-shelf (COTS) products.

Fixmo offers a variety of mobile security and risk management products to government agencies at no charge including Fixmo Sentinel Desktop for BlackBerry and Android, Fixmo Sentinel Server Compliance Check (SCC) for BlackBerry Enterprise Server and now the Fixmo SafeZone Secure Browser and SafeGuard SDK for iOS and Android.

Fixmo SafeZone is the first secure corporate workspace for iOS and Android that provides encrypted, contained and managed corporate email, browsing, documents and applications with a defense-grade security architecture that provides AES 256-bit encryption of data-at-rest and data-in-transit without relying on a Network Operations Center (NOC). Fixmo SafeGuard is a new app security SDK that is built on the same technology that is used in Fixmo SafeZone.

“Fixmo is proud to expand its offering of no-charge mobile security and risk management products for government agencies as part of our Co-operative Research and Development Agreement with the NSA/CSS,” said Rick Segal, CEO, Fixmo. “The Fixmo SafeZone Secure Browser and SafeGuard SDK provide powerful new tools to enable secure, managed and controlled access to behind-the-firewall applications from the latest iPhones, iPads and Android-based devices, at no additional cost.”

The Fixmo SafeZone Secure Browser is a fully contained and encrypted HTML-5 web browser that provides secure access to behind-the-firewall applications, content and documents on smartphones and tablets. The Secure Browser stays completely contained from the native browser on the device, ensuring a complete separation between personal and corporate data. It offers secure browsing on both iOS and Android devices using defense-grade FIPS 140-2 validated AES 256-bit encryption for all data stored within the browser and its local cache.

The Fixmo SafeGuard SDK enables government agencies to add defense-grade security, policy management and IT controls to their custom applications for iOS and Android. With Fixmo SafeGuard, developers can easily enhance their mobile applications with the same FIPS 140-2 validated AES 256-bit encryption, advanced access controls and IT policies that are inherent in the Fixmo SafeZone secure workspace solution. Once an application is updated and re-packaged using the Fixmo SafeGuard SDK, organizations can deploy it into the Fixmo SafeZone secure workspace and manage application policies using the Fixmo SafeZone or Fixmo Sentinel management console.

Government customers can learn more about the Fixmo SafeZone Secure Browser and SafeGuard SDK and sign up for a no-charge version at http://fixmo.com/products/safezone/government .

About Fixmo
Fixmo Inc. is the mobile risk management (MRM) company that helps organizations identify, mitigate and manage the risks associated with mobile devices in the workplace. The company’s MRM solutions enable protected and compliant mobile computing, helping organizations embrace a wide range of mobile devices and applications while maintaining system integrity, protecting confidential data and proving regulatory compliance. Fixmo’s MRM technology has been developed as part of a Co-operative Research and Development Agreement (CRADA) with the U.S. National Security Agency (NSA). Fixmo is headquartered in Sterling, Virginia and Toronto, Canada. Additional information on Fixmo can be found at www.fixmo.com.

A charitable effort that mobilizes Americans of all ages to “thank” our active-duty service men and women, ThanksUSA provides scholarships to the children and spouses of military personnel across all the Armed Forces, including the National Guard and Reserves and the families of the fallen and wounded. Applications will be accepted through May 15, 2012, online at www.ThanksUSA.org.

“We are thrilled to be offering scholarships to university, college, and vocational school students, marking our seventh year in this national campaign to thank our troops by giving the gift of education to their families,” said Bob Okun, chairman and CEO of ThanksUSA. “This year we are buoyed by new partners and events, including Hills Brothers Coffee, our Irish-American Awards, a country music benefit concert and the ‘Tennis Thanks the Troops’ campaign.”

• Hills Bros. Homefront Heroes – Hills Bros. Coffee has partnered with ThanksUSA on a nationwide drive to help dozens more applicants win individual scholarship awards of $3,000 each. “Hills Bros. Coffee is proud to support the efforts of ThanksUSA and sponsor 50 scholarships for military families through the Hills Bros. Homefront Heroes campaign,” said Sarah Mullin, brand manager of Hills Bros. Coffee.
• Irish-American Public Service Awards – ThanksUSA held their inaugural Irish-American Public Service Awards in March, sponsored by the Blavatnik Family Foundation. The St. Patrick’s Day celebrations honored Representative Jerry Lewis (R-CA) and Governors Jim McDonnell (R-VA) and Martin O’Malley (D-MD) for their outstanding public service on the national stage and in their respective states and for their dedication to America’s service men and women.
• “Tennis Thanks the Troops” – The United States Professional Tennis Association (USPTA) and the United States Tennis Association Mid-Atlantic (USTA Mid-Atlantic) will jointly champion “Tennis Thanks the Troops” to benefit ThanksUSA. Over Memorial Day weekend and throughout the year, tennis enthusiasts will be able to participate in a number of tournaments and activities with a minimum donation of $5. “Tennis pros, players and fans will be giving back to our troops by enjoying the sport they love,” said Tim Heckler, CEO of USPTA. “Raising our rackets for our military heroes and their families is our way of showing how much we appreciate their sacrifices both in the world’s hot spots and at home.” The Bryan Brothers “Tennis Thanks the Troops” PSA will begin running on the Tennis Channel in April.
• Country Music Benefit Concert – The National Association of Broadcasters (NAB) and ThanksUSA will hold a concert in support of military families to kick off the NAB Show in Las Vegas in April. The concert will feature country music talents Rodney Atkins and a performance by Texas and Nashville singer-songwriter Lucas Hoge.
• Second Year Scholarships – This year marks the second year of scholarships in honor of the late Senator Ted Stevens and another generous donation from Kaplan University. “Military families have sacrificed tremendously during the last 10 years, and they ask for little in return,” said Scott Kilgore, senior vice president of military affairs, Kaplan University. “These scholarships will help enable them to pursue their educational goals. It’s an honor to work with ThanksUSA in providing this opportunity again in 2012.”

ThanksUSA was launched by two Virginia girls who wanted to thank our troops for defending our nation and its freedoms. Since its inception in 2006, the 501(c)(3) non-profit, has provided nearly $7.5 million in scholarship assistance to military families throughout all 50 states and the District of Columbia, with particular attention given to those whose loved one was killed or wounded in action.

“The generosity of the American spirit is wonderful. Every year individuals, foundations and our partner corporations make it possible to support our military families who give each of us so much through their selfless service,” said Michele Stork, executive director of ThanksUSA. “In 2012 we look forward to awarding up to 500 scholarships, totaling $1.5 million.”

Continued support for ThanksUSA’s education goals comes from donors including the ESA Foundation, Goldman Sachs Gives, Folds of Honor Foundation, No Greater Sacrifice Foundation, Lockheed Martin, Paladin Capital Group, the Apollo Group, the Rumsfeld Foundation, CSC, Intelligent Decisions, Kilpatrick Townsend & Stockton LLP and others.

For more information, eligibility requirements and to apply online, visit www.ThanksUSA.org.

About ThanksUSA

Founded in the fall of 2005, ThanksUSA, a non-partisan 501(c) (3) organization, is an effort to thank the men and women of our armed forces and their families for their service to the country with the gift of education. The organization provides need-based, post-secondary education opportunities to the children and spouses of active-duty status military personnel through competitive scholarships. For more information visit www.ThanksUSA.org.

And here’s why I am strident in my point of view—at the end of the day, the United States is grounded in the belief that rewarding accomplishment and achievement is right and good. We also accept that good people can fail despite their best efforts, and if they do, they should try again and we will support them. Resilience. Think Steve Jobs. We shouldn’t apologize for these beliefs and most of us don’t feel the need to.  This has been our common belief from the beginning of our days, and we will go back to it again when we regain our faith.  Facebook. Google. Apple. They are distinctly American-made companies. And as long as we maintain the environment that allowed those ideas and entrepreneurs to flourish, we will be fine, and no amount of espionage will undermine that.

But here’s the rub—maintaining the environment for innovation and entrepreneurship requires a more thoughtful discussion about policy than the dialogoccurring today.  As a country, our investment in basic research through our universities, labs, and government grant system is unparalleled. One essential element that has allowed our economy to thrive is that we have fostered the ability to commercialize that research into technologies that cause disruptive change in our society. Those new disruptive technologies then build around them an ecosystem of innovation (massive tsunamis) that creates lasting economic value.  The United States has owned that research-commercialization-innovation supply chain and we need to remain focused in our policy discussions on how to strengthen, not undermine, that process.  Everything from financial market regulation (or how Sarbanes–Oxley killed the IPO market), to tax policy (impact of capital gains tax rates on risk appetite), to immigration policy (current educate and discard rather than retain policy) can impact this innovation ecosystem.

I am frustrated that the media has not figured out how to engage in this debate responsibly.  But I believe it’s not too late. We have to restore confidence in our systems—in particular our political system and our financial system. That requires thoughtful engagement and discussion and a focused commitment to the mission of retaining/restoring our economic, thought, and technology leadership. And maybe it requires something that entrepreneurs, venture capitalist and technology companies are not always good at; aggressive insertion into the Washington media and policy dialog.  We have solved bigger problems as a country. We can solve this one too.

The Frost & Sullivan Best Practices Research Report evaluated available solutions for addressing the advanced nature of today’s cyber threats. The report states “to address this recurring concern, the Damballa Failsafe 5.0 solution was developed to offer a higher-grade security network protection. The solution embeds automated malware and behavioral analysis that dramatically augment its capacity to identify and track zero-day threats. The solution intelligently uncovers stealthy and hidden attacks masterfully avoiding any false positive alerts. Frost & Sullivan views this solution as a novel dimension to safeguard corporate networks.” The full report can be found at http://www.damballa.com/downloads/r_pubs/Frost&Sullivan-2011-Innovation-Award.pdf

Damballa Failsafe 5.0 is the most comprehensive, purpose-built solution for detecting and terminating hidden cyber threats in corporate networks. Damballa Failsafe hunts for undetected threats by correlating a variety of observed network behaviors to identify malware-infections on any type of server or endpoint device including PCs, Macs, Unix, iPads, smartphones and embedded systems. Damballa Failsafe 5.0 now includes automated malware analysis in its advanced threat detection capabilities. The new features inspect unknown, zero-day and targeted malware, identifying changes the malware would make to the targeted device and the malware’s intended communications.

“Our ability to correlate multiple behavioral indicators to rapidly and accurately pinpoint hidden infections is unequaled in the market,” said Stephen Newman, vice president of product management for Damballa. “Due to the automated nature of our solution and the speed at which we detect advanced threats our customers are reducing the cost of their overall detection and remediation efforts while responding quickly and effectively to network threats as they emerge.”

About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides the only network security solution that detects the remote control communication that criminals use to breach networks to steal corporate data and intellectual property, and conduct espionage or other fraudulent transactions. Patent-pending solutions from Damballa protect networks with any type of server or endpoint device including PCs, Macs, Unix, iPads, smartphones and embedded systems. Damballa customers include mid-size and large enterprises that represent every major market, telecommunications and Internet service providers, universities, and government agencies. Privately held, Damballa is headquartered in Atlanta. http://www.damballa.com

STERLING, Va., Jan 24, 2012 (BUSINESS WIRE) — Fixmo Inc., the mobile risk management (MRM) company, today announced its new Board of Advisors. Charter members include Mr. Bob Gourley, CTO at Crucial Point LLC; Mr. Wilson “Bill” Livingood, a 33-year veteran of the United States Secret Service and Sergeant at Arms (Ret.) of the United States House of Representatives for the 104th Congress; and Rear Admiral Arthur Lawrence, Assistant Surgeon General (Ret.) who last served in his over 37 year career as Director, Office of Security and Strategic Information, U.S. Department of Health and Human Services and previously served as the Deputy Assistant Secretary for Health Operations.

MRM brings together Mobile Security, Mobile Device Management, Corporate Data Protection, Mobile Integrity Management and Compliance Assurance into a single holistic solution to help customers stay protected and compliant while adopting new mobile technologies and embracing the bring-your-own-device (BYOD) trend.

“Mr. Gourley has a deep knowledge of the enterprise IT market segment through his R&D and concept development experience as a researcher at CTO Labs and editor at CTOvision.com. Admiral Lawrence has incredible experience promoting and protecting the medical and health security of the Nation as part of the Commissioned Corps of the United States Public Health Service. Mr. Livingood’s experience with the House of Representatives, its members and Capitol Hill is uniquely impressive. These three luminaries come together from unique backgrounds to form the ideal team for our Board of Advisors to help us grow our business across Government and Enterprise markets around the world in 2012,” said Rick Segal, Founder and CEO of Fixmo.

In addition, last month the company appointed Lieutenant General Kenneth Minihan (USAF-Ret.)–a former director of the National Security Agency and the Defense Intelligence Agency, and Mr. Frank Meehan–founder of INQ Mobile and former board member of Spotify and SIRI–to its Board of Directors while announcing the completion of a $23M Series C investment funding round.

Minihan and Meehan joined existing board members Rick Segal (CEO, Fixmo), Paul Conley (Principal, Paladin Capital Group), Chris Albinson (Managing Director, Panorama Capital), Jeffrey Grammer (Partner, Rho Canada), John Stewart (VP and CSO, Cisco) and William Crowell (former Deputy Director of the National Security Agency).

“Expanding our board to include such esteemed executives in the security, government and mobility sectors will further diversify the talents of our board and its capabilities in 2012 and beyond,” added Segal. “Fixmo’s customers, employees and its stakeholders at large will benefit from the new ideas and fresh energy they will bring to Fixmo’s growing business and the expansion of the MRM category.”

About Fixmo

Fixmo Inc. is the Mobile Risk Management (MRM) company that enables government agencies, enterprises and end-users to identify, mitigate and manage the risks associated with mobile devices. Fixmo helps organizations understand their risks and implement solutions that manage those risks to the highest degree possible so that they can be confident and compliant while enabling the full potential of mobility. Its MRM products go beyond traditional mobile device management practices to continuously verify the integrity and configuration of mobile devices and apps, protect them from private data loss and security breaches, monitor and track regulatory compliance and prove it through enterprise reporting and auditability. The company’s solutions are built on a strong foundation of government partnerships and standards. Through the National Security Agency (NSA) Technology Transfer Program (TTP), Fixmo has commercialized and further advanced powerful MRM technologies initially developed by the U.S. Government’s National Security Agency. Fixmo is headquartered in Sterling, Virginia and Toronto, Canada.

For more information about Fixmo and mobile risk management visit www.fixmo.com.

SOURCE: Fixmo Inc.

Washington, D.C. – Paladin Capital Group, a leading multi-stage private equity firm based in Washington D.C., is pleased to announce the promotion of Dr. Paul Conley to Managing Director. Dr. Conley possesses a broad set of skills and deep experience base as an investor, entrepreneur and technologist and has been a key principal leading new investments for the firm. Paladin Capital Group also promoted Christopher Steed to Vice President from Senior Associate and Gibb Witham to Senior Associate from Associate.

“Paul’s knowledge and expertise covers the spectrum,” said Michael Steed, Paladin Capital Group’s founder and managing partner. “We continue to be inspired by all that Paul brings to the team, and we’re also thrilled to be promoting Christopher and Gibb.”

Since joining Paladin in 2007, Dr. Conley provides “hands on” support and oversight to Paladin’s portfolio. Before joining the team, Paul’s 15 years of technology and entrepreneurial experience saw him leading the effort to modernize mission critical software across more than 70 agencies in Washington D.C. He was the cofounder and chief executive of BrightScale, a Silicon Valley-based fab-less semiconductor company, and of Appfluent Technology, a business intelligence infrastructure software firm. Dr. Conley spent nearly a decade in various R&D roles in the fields of supercomputing, fluid dynamics, materials science, combustion physics and biomedical engineering – including post-doctoral work at Los Alamos National Laboratory. He earned his PhD in Computational and Applied Physics and an MS in Bioengineering from the University of California San Diego, as well as an MS and BS in Mechanical and Aerospace Engineering from the University of Virginia.

Christopher Steed joined Paladin in 2008 after working at Merrill Lynch. Mr. Steed holds his Series 7, Series 66 and Series 79 certifications and is licensed as an Investment Advisory Representative as well as an Investment Banking Representative with FINRA. He is also a member of the Chartered Alternative Investment Analyst Association. He graduated from Duke University with a BA in political science.

Gibb Witham joined Paladin in 2011 and focuses on early and growth stage investments in technology companies. Prior to joining the Paladin team, he worked as an engagement manager in IBM’s strategy consulting practice where he advised technology, life sciences and retail clients on growth strategies for emerging business units. Gibb graduated cum laude from Columbia University with a BS in chemical engineering.

Sterling, Va. – November 28^th, 2011 – Fixmo Inc., the mobile risk management (MRM) company, today announced it has closed a $23 million Series C round, led by new investor Paladin Capital Group. Horizons Ventures and Kleiner Perkins Caufield & Byers join as new investors; existing investors and management all participated in the round.

The funding will enable Fixmo to continue driving the emerging MRM market and expand its line of products that manage the risks associated with mobile devices and help organizations maintain and prove regulatory compliance. Fixmo’s MRM offerings are built on a strong foundation of government partnerships and standards, including a technology transfer agreement and collaborative research and development agreement (CRADA) with the U.S. National Security Agency (NSA).

As the round closes, Lt. Gen. Kenneth A. Minihan (US Air Force—Ret.) and Frank Meehan join Fixmo’s Board of Directors. Lt. Gen. Minihan, former director of the National Security Agency (NSA) and the Defense Intelligence Agency, is a managing director at Paladin Capital Group. Mr. Meehan is the founder of INQ Mobile and a former board member of Spotify and SIRI.

MRM: Managing Risk and Compliance to Enable the Full Potential of Mobility

MRM is an emerging category of technologies that empower organizations to identify, mitigate and manage the risks associated with mobile devices, including financial risk due to regulatory non-compliance; reputational risk resulting from security breaches and violations; and competitive risks from intellectual property and data leakage. MRM helps organizations go beyond traditional mobile device management (MDM) practices, which have primarily relied on risk avoidance or control tactics that limit how devices can be used by employees, to help them exercise the full potential of mobility while protecting corporate data and ensuring regulatory compliance.

Using a “risk mitigation” philosophy, Fixmo MRM enables organizations to support a wide range of mobile devices and confidently embrace the “bring your own device” (BYOD) trend by taking a holistic approach to MDM, corporate data security and mobile application management (MAM), and fusing them with comprehensive integrity monitoring and verification, malware prevention, risk intelligence and IT compliance reporting. Fixmo MRM gives organizations the tools they need to ensure the mobile devices on their corporate network start, and remain, in a trusted and compliant state and that they can prove compliance with internal policies and government regulations.

“We are seeing rapid adoption of smartphones and tablets by the enterprise, and a large portion of this is driven by employee liable devices. Only 30.1% of US companies expressly ban the use of mobile devices not issued by IT,” said Chris Hazelton, Research Director, Mobile & Wireless for 451 Research. “Many of today’s device management tools focus on the physical risk – devices that are lost or stolen. While lost or stolen devices are the most frequent type of mobile security breach today, IT must also address the increasing risk of digital threats that are targeting both employee and corporate liable devices in the enterprise. In this way enterprise security and end-user productivity can be balanced while ensuring data security and organizational compliance.”

Fixmo’s mobile risk management offerings—which currently include Fixmo Sentinel and the new Fixmo SafeZone secure container—continuously monitor and verify the configuration and integrity of mobile devices and infrastructure, protect corporate data from loss or theft and provide powerful reporting and analytics tools that help organizations prevent potential threats and prove regulatory compliance. In 2012 the company plans to expand its offerings with additional MRM solutions for carriers, consumers, enterprises and government agencies.

“There is a rapidly growing need for organizations to heighten their risk management practices around mobile devices to ensure they are maintaining compliance with security policies and government regulations,” said Rick Segal, Founder and CEO of Fixmo. “This round of funding is critical for Fixmo as we continue to drive the MRM market while extending our offerings into new market segments and geographies. We are very proud to have these top-tier venture partners and such prominent individuals on our board. Their expertise and direction will be invaluable.”

Fixmo will be demonstrating their MRM solutions as a Platinum Sponsor at the Financial Services-Information Sharing and Analysis Center (FS-ISAC) Fall Summit from November 29^th through December 1^st at the Gaylord Resort and Convention Center in Washington, D.C.

About Paladin Capital Group

With offices in Washington, D.C., New York, New York and Dubai, United Arab Emirates, Paladin Capital Group is a leading multi-stage private equity firm providing capital and strategic guidance to growing companies in the IT, telecommunications and alternative energy sectors.  The firm focuses on companies with products and services that are “dual use” in nature, serving both commercial and government customers.    Paladin has over $950 million dollars of committed capital across multiple funds and has invested in over 50 portfolio companies.

http://www.paladincapgroup.com

About Fixmo

Fixmo is the Mobile Risk Management (MRM) company that empowers enterprises and government agencies to identify, mitigate and manage the risks associated with using mobile devices for business and personal use. Fixmo helps organizations understand their risks and implement solutions that mitigate and manage those risks to the highest degree possible so that they can be confident and compliant while enabling the full potential of mobility. Fixmo’s MRM solutions continuously verify the integrity and authenticity of mobile devices and apps, protect them from private data loss and security breaches, monitor and track regulatory compliance and enable them to prove their adherence through enterprise reporting and auditability.

Fixmo solutions are built on a strong foundation of government partnerships and standards. Through a technology transfer agreement, Fixmo’s products have been built on a foundation of MRM technologies initially developed by the U.S. Government’s National Security Agency (NSA) and its Fixmo SafeZone solution has received FIPS 140-2 certification. Fixmo is headquartered in Sterling, Virginia and Toronto, Canada.

http://www.fixmo.com