Edward Ching, Senior Technology Analyst at Rodman and Renshaw, Discusses Security Industry Trends in Interview With SecurityStockWatch.Com
RYE BROOK, N.Y.--(BUSINESS WIRE)--July 21, 2004--An exclusive interview with Mr. Edward Y. Ching, Senior Technology Analyst at Rodman and Renshaw, LLC, is available at www.SecurityStockWatch.com.
In describing recent developments and trends in the security industry, Mr. Ching said, "I would expect consolidation to continue in the security sector especially within the enterprise security software market. In my opinion, the primary driver for consolidation is the ongoing cycle of penetrating new markets such as secure messaging (i.e. anti-spam/anti-phishing) to offset the decline in maturing markets such as anti-virus."
"I believe that the current need for heightened security measures should continue as geopolitical events such as the U.S. war on terror escalates, no matter which political party is in office. I think that it is safe to say that the events of September 11, 2001 have changed the public's attitude towards homeland and corporate (IT & physical) security forever. Security is no longer treated as a nuisance but as a welcomed preventative measure," Mr. Ching added.
The complete text of the interview, over 2,200 words, is available at http://www.securitystockwatch.com/investmentTrendsRR.html
The following 5 firms, discussed by Mr. Ching, all have Market Outperform Ratings.
TELECOMMUNICATION SYSTEMS, INC. (NASDAQ: TSYS - News) - Provides data network software solutions for wireless carriers and government. Also, provides high-end communication equipment for government and resells wireless device solutions to enterprises.
ZIX CORPORATION (NASDAQ: ZIXI - News) - Provides solutions that protect organizations from viruses, spam, and electronic attack, as well as enabling secure electronic communications such as e-mail encryption, e-prescribing, and Internet-based healthcare service.
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