“We are thrilled to continue to execute on our plan of indirect sales channels in specific, targeted markets and we feel that the potential in the Middle East and North Africa is outstanding given the current environment in cybersecurity and cryptocurrency security.” – Corby Marshall, CEO, Hilltop Cybersecurity
Kelowna-based Hilltop Cybersecurity has established a reseller agreement with Twin-Soft for its cryptocurrency-focused security products. The latter will sell Hilltop’s CryptoKEEP, CyberEPM, and Vauban solutions in the Middle East and North Africa markets.
The deal entails a renewable contract with “a minimum $1 million commitment of CYBX products to Twin-Soft’s Value Added Re-Sellers (VAR) and distributors”, according to a statement from the companies, which added that the commitment “is uncapped and has tremendous potential.”
While Twin-Soft is based in Virginia, the company says that its principle leaders have over 12 years of experience in the Middle East market. Commenting on the agreement, Twin-Soft founder Julie Holdren, who is now an executive with KoolSpan, attested that “[t]he demand in international markets for next generation cyber and cryptocurrency software products developed in North America is growing rapidly.”
News of the reseller agreement arrives on the heels of Hilltop’s announcement that it had received a letter of intent for an order, also valued at about $1 million, from a Tokyo-based organization focused on cryptocurrency mining and technology.