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August 5, 2014

SecureData enhances capability and builds on its Intellectual Property through investment in Paterva

MAIDSTONE, Kent – Complete security services provider, SecureData is proud and pleased to announce its acquisition of 25% of ordinary stock of Paterva (Pty) Ltd, the South African registered maker of the Maltego software suite.

'Maltego', built by Paterva, is a powerful suite of software tools used for data mining, link analysis and data visualization, giving the user the ability to extract large volumes of data from diverse sources and then analyze it to understand the patterns and relationships it reveals. In the modern digital age these techniques are used to convert data into information and thereby extract concrete value that can be used for effective decision-making.

"This investment fits perfectly into the 'Assess-Detect-Protect-Respond' framework that drives the way we design, sell and deliver our services. It's also perfectly aligned with our broader goal of building shareholder value by buying or building unique Intellectual Property assets that support our service offerings." says Etienne Greeff, CEO of the SecureData Group of companies.

"Maltego is a highly regarded and popular platform used extensively in Open Source Intelligence Gathering, Infrastructure Analysis for Penetration Testing, Cyber Attack Analysis, Fraud Detection and Investigation, Security Intelligence, Information Security Management, Research and more. It's a significant and growing contender in the intelligence and analytics space and likely to start taking significant market share over the next two years", says Greeff.

The Paterva investment builds on the acquisition of Assessment, Security Intelligence and Response outfit SensePost at the start of 2014. As a part of this transaction SensePost also undertakes to be accredited as an Approved Maltego Service Provider - authorised to provide integration, consulting, support and training for the Maltego tools with full endorsement, support and assistance directly from Paterva. This partnership between SensePost and Paterva builds on the companies' shared roots and intellectual heritage and injects the broader SecureData group with an enviable body of Intellectual Property, Human Capital and Information Security Skills and Experience, making the group a formidable player in its space.

The stake in Paterva is a minority investment only and the software company's operations will continue uninterrupted as before. Greeff points out, however, that SecureData does hope to build this fledgling investment into a more substantial partnership over the next two to three years.