FOR IMMEDIATE RELEASE

Versasec Opens Singapore Office to Serve Growing Asia-Pacific Business

Industry Expert Yin Hong Lee Joins Smart Card Management Systems Company to Run New Office

Stockholm, Sweden, December 4, 2017 -- Versasec, the leader in smart card management systems, today announced the opening of its new Singapore office serving resellers, customers and prospects in the Asia-Pacific region.

The new Singapore office is Versasec's second office opened in 2017, and joins the company's existing locations in Dubai, the US, Germany, France, the UK and company headquarters in Sweden. Versasec's new Singapore location gives Versasec global, round-the-clock coverage for its popular identity and access management solutions.

"Our Asia-Pacific client and reseller list is expanding quickly, and we wanted to ensure they will have local representation from Versasec," said Joakim Thorén, Versasec's CEO. "Having feet on the street in Singapore positively impacts our ability to win new projects and implement them throughout the Asia-Pacific region."

Yin Hong Lee is Versasec's first hire in the Singapore office, and he will strengthen the sales and business development team in the region. He reports to William Houry, Versasec's VP of Sales. Mr. Lee is an experienced sales engineer with in-depth knowledge of the Asia-Pacific security and access market. He is familiar with all aspects of smart card technology and public key infrastructure (PKI) and has implemented many two-factor identification projects during his career.

Prior to joining Versasec, Mr. Lee worked as a sales engineering manager at Checkmarx. Prior to Checkmarx, he held a sales engineer position at GlobalSign, Inc. and consulted for Netrust Pte Ltd.

About Versasec

Versasec is the leading provider of state-of-the-art, highly secure identity and access management solutions. With its flagship product, vSEC:CMS, Versasec eases the deployment of physical and virtual smart cards for enterprises of any size. Versasec's solutions enable its customers to securely authenticate, issue and manage user credentials more cost effectively than other solutions on the market.

Versasec maintains its mission of providing solutions that are affordable and easy to integrate, coupled with first-class support, maintenance, and training. Versasec customers include HSBC, Tieto, Raiffeisenbank, Hornbach, Daimler, Alstom, European Commission, Qualcomm, eBay, Saudi Aramco, IMF, L'Oreal and Cleveland Clinic Abu Dhabi. Versasec has offices in Sweden, New York, Dubai, Singapore, the United Kingdom, France and Germany.

Versasec's products and services can be purchased and delivered worldwide through an extensive reseller network and via the Versasec web site: https://versasec.com. Follow us on Twitter (@versasec), LinkedIn (@versasec) and Facebook (@versasec).

PR Contacts: For Versasec, Marianne Dempsey, Rainier Communications
Email: versasec@rainierco.com, Phone: +1 (508) 475-0025, ext. 115.

2018-07-18: Difficulty securing mobile devices and tired of using #SMS as a primary security solution to protect corporate date… https://t.co/dvTUS0hMaS

2018-07-17: #vSECCMS now works with @IdentivInc's uTrust SmartID Secure Access Credential, improving security options for gov't… https://t.co/Z5RmfXKutc

To download Versasec software, please register below and approve the End-User License Agreement

We are always looking for new exceptional persons to join our team! Click here to find out more about our job openings