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Cybersecurity trust company archTIS (ASX:AR9) has won another fillip for its secure government sharing and collaboration platform Kojensi Gov, signing a reseller agreement in New Zealand.

At a glance

  • archTIS (ASX:AR9) has expanded into New Zealand, signing a reseller agreement for Kojensi Gov with TEAM Asparona
  • The move is the latest step in archTIS’ aggressive go-to market strategy and follows recent endorsements from the Australian government
  • AR9 shares rose 4.4 percent on the news to 9.5c, a two-week high

Established software services provider TEAM Asparona, which works with the New Zealand government and also has a presence in Europe and the US, will accelerate commercialisation of the product in both governmental and non-government sectors in New Zealand.

Kojensi Gov allows parties to share and collaborate on highly sensitive and classified information. The software gives government and their industry partners the ability to define access to information at a highly granular level.

The reseller agreement follows archTIS’ roadshow of the technology to a number of key NZ government agencies in the past month.

Daniel Lai, managing director of archTIS, said it was a big win for the company.

“The New Zealand public sector represents a real growth opportunity for us given its close alignment to our ongoing work with federal government stakeholders in Australia,” he said.

“TEAM Asparona know our product intimately, and align closely with our strategy of finding best-of-breed partners to help identify increased commercial opportunities. They are well-placed to capitalise on growing market appetite for our trusted cloud-based offering as we accelerate towards the next phase of growth for Kojensi Gov.”

This content is produced by Star Investing in commercial partnership with archTIS. This content does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.