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Home » News & Press » News Articles » Ibas signs global agreement with a large Swedish company

Ibas signs global agreement with a large Swedish company

Ibas has entered into a global agreement with a large Swedish company for the secure erasure of data on all PCs that the company will phase out globally in the period to October 2005. This agreement is the largest to date that Ibas has signed within its Expert Erasure business area and has a minimum value of NOK 2 million.

Safe erasing is the only way
The job of erasing absolutely all information on a hard disk with existing operating systems is extremely complicated. Alternatives such as "Format," "fdisk" and normal erasing commands do not remove information that is stored on your computer. These commands only change the structure on the disk, so it is still possible to recover the data with available program tools. The agreement with Ibas guarantees that the thousands of customer's computers to be scrapped annually will not pose a security threat for the company.

Breakthrough in Sweden
"The agreement represents a breakthrough for our data erasure concept in Sweden, and we think that the agreement will serve as a solid reference for us to influence many Swedish businesses who have not as yet taken the security risk seriously. The selection of Ibas as supplier takes place after a thorough evaluation by the customer of a range of alternatives, and we look forward to a very constructive partnership. The public and private sectors in Norway have up to now been much better at using reliable data erasure methods compared to Sweden. Although the security risk is the same, the explanation may possibly be that the Swedish privacy laws are not as strict when it comes to erasing personal data as compared to the Norwegian privacy laws," says Henning Hansen, President and CEO Norman ASA.



For more information, please contact:
Bjørn Arne Skogstad, President and CEO Ibas
phone: +47 62 81 10 00, e-mail: bjoern.arne.skogstad@ibas.no


Facts about Ibas AS
The data security company Ibas, established in 1978, is one of the world's leading companies in Data Recovery and Data Erasure with Computer Forensics as an emerging business area. The Group's Head Office is located in Kongsvinger, Norway, with subsidiaries, distributors and partners worldwide. For more information, please visit
www.ibas.com
News
20 per cent growth for Ibas in 3rd quarter
Ibas Holding ASA increased its turnover by 20.3 per cent to NOK 25.4 million in the third quarter of 2004. Pre-tax profit came to NOK 4.0 million in the third quarter against NOK 3.8 million in the same period of 2003. The third quarter 2004 yielded the company's best-ever interim results.
Kroll Ontrack completes acquisition of Ibas Holdings
Kroll Ontrack Inc., the data recovery and legal technologies subsidiary of Kroll Inc., the global risk consulting company, has completed the acquisition of Ibas Holdings ASA, a leading Norwegian-based provider of data recovery, data erasure and computer forensics services. Effective today, Ibas becomes a holly-owned subsidiary of Kroll Ontrack AS, a newly-formed Norwegian entity.
 

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