Security vendor looks to Middle East for growth

Security software vendor McAfee has announced ambitious sales targets for the Middle East during the next 12 months. The firm hopes to realise 26% growth this year...

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By  Patrick Phelvin Published  November 18, 2003

Security software vendor McAfee has announced ambitious sales targets for the Middle East during the next 12 months. The firm hopes to realise 26% growth this year and a further 40% next year.

McAfee, which provides computer users with system protection, network protection and security policy management solutions, made the predictions at a launch of its 2004 range in Dubai today.

“Fortunately the global economic slowdown has not affected the IT and internet security market in the UAE, due to the aggressive efforts undertaken by the government to migrate business and governance to IT-led systems. McAfee has seen a substantial growth in operations with a year on year growth in revenues of 26% in the financial year 2003. The company has expanded its operations across the Gulf by nearly 50% and we expect the trend to continue next year,” said Gorashi Abdulrahman, distribution and channel account manager, Network Associates Middle East.

The company is about to embark on an ambitious marketing campaign with its channel sales partner Aptec Gulf, aiming to strengthen its presence in the retail sales area.

McAfee’s new range of protection products include the McAfee Security Centre, a free vulnerability health check toll that assesses a PC’s vulnerability across anti-virus exposure to hackers, privacy protection and spam risk.

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