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ARCHTIS LIMITED — Capital/Financing Update 2019
Mar 11, 2019
64413_rns_2019-03-11_047791a0-012b-4100-9898-4d9c126aaa7e.pdf
Capital/Financing Update
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12 March 2019 ASX Announcement
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Beta Program with AGD expands to Aged Care Royal Commission, doubling users
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The Commonwealth Attorney General's Department (AGD) has expanded its existing Kojensi Gov Beta Program to include the Commonwealth Government’s Aged Care Royal Commission
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The expanded Program doubles the number of users and significantly expands the use case of the Kojensi Gov offering
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Provides strong validation of the Kojensi Gov product offering and demonstrates the value attributed to the offering by the AGD
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Process to certify Kojensi Gov’s handling of information up to PROTECTED classification is currently underway and will significantly expand its potential customer base once granted
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Formal commercial launch of Kojensi Gov remains on track for H1 2019
archTIS Limited (ASX: AR9, archTIS or the Company), the cyber security company specialising in protecting sensitive information, is pleased to announce that the Commonwealth Attorney General’s Department (AGD) has expanded its existing beta evaluation program of Kojensi Gov (Beta Program) to the Aged Care Royal Commission.
Expanded Program validates Kojensi Gov offering
The expanded Beta Program demonstrates another use case for Kojensi Gov and the unmet demand that exists in the market for secure content and collaboration of classified or sensitive commercial information.
The number of users participating in the Beta Program has now doubled, with the additional cohort providing further valuable feedback on the usability of the interface and utility of Kojensi Gov features. Importantly, the Beta Program’s expansion provides strong validation of the value the AGD has placed on the offering and significantly increases the exposure of Kojensi Gov’s unique, secure information management platform to another high profile group.
Kojensi Gov Certification process to hold PROTECTED level data underway, expanding customer base In parallel with the Beta Program, Kojensi Gov is currently undergoing a certification process to permit the holding of classified information up to the PROTECTED level. Once received, the certification will significantly expand the company’s potential customer base with the certification process expected to be completed in April 2019.
Final stages underway ahead of Kojensi Gov commercial release
Since listing in September 2018, the Company has focused on commercially launching its products into a market that is demanding a solution for the secure collaboration and sharing of valuable information. The Beta Kojensi Gov certification process to hold PROTECTED level data marks the final stages of preparing Kojensi Gov for commercial release.
archTIS LIMITED ACN 123 098 671 Level 3, 10 National Circuit, Barton ACT 2600, Australia Tel: +61 2 6162 2792 www.archtis.com
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Our execution has been focused on two activities:
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Finalising product development and the release of a commercial version of the Kojensi Gov platform.
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Building and executing our "go to market" strategy by establishing a network of strategic partners.
The board and management team has been very active in establishing a network of important strategic partners, which include the likes of Oracle, Axiomatics, Vault, Deloitte and DXC. Already, this partner network has identified and is pursuing multiple commercial opportunities for the Company, both locally and internationally. This scope of the opportunities being generated through this network further validates the market opportunities archTIS has identified for Kojensi Gov and clearly demonstrates that there is an unmet need for the archTIS platform both within Australia and overseas.
archTIS Managing Director, Daniel Lai said:
“I am very pleased that the Attorney General’s Department has expanded the Beta Program to the Aged Care Royal Commission. This indicates one of the many use cases for Kojensi Gov in the market that requires secure trusted information sharing and collaboration. Most importantly archTIS is pleased that, such an important event as the Aged Care Royal Commission which demands the highest standards and integrity, sees that potential in our product.”
Investors:
Daniel Lai Managing Director E: [email protected]
Media:
Daniel Paperny E: [email protected] T: 0433 339 454
About archTIS Limited
archTIS Limited (ASX:AR9) is an award winning, Canberra-based cyber security company established in 2006 focused on protecting sensitive information. It has an established Services business providing consulting and system integration services for government clients and a Solutions business which has leveraged the Company’s cyber security expertise to develop the Kojensi suite of technology products. Kojensi is unique because it treats security and information sharing as one issue, allowing teams to collaborate and share information securely, while avoiding sensitive data exposure or unauthorised access.
For more information, please visit www.archtis.com.
archTIS LIMITED ACN 123 098 671 Level 3, 10 National Circuit, Barton ACT 2600, Australia Tel: +61 2 6162 2792 www.archtis.com