Australia

Covatas proposed name change reflects renewed focus on CipherPoint Eclipse product

Covata Ltd (ASX:CVT) has despatched a Notice of Meeting for a change in the company name to Cipherpoint Limited.

The meeting will be held on Tuesday, December 17 at 9 am at Nexia, Level 16, 1 Market Street Sydney.

The company has requested shareholders to support the resolution for change of name as part of its rebranding and marketing relaunch.

CipherPoint Eclipse

CipherPoint Eclipse, Covatas data security and privacy compliance solution for Microsoft SharePoint, is unique in its ability to control access to data, keeping privileged IT administrators, and outside attackers that target IT-level access, from being able to view sensitive information.

The Eclipse product was further improved this year, with Covata extending the solution to be able to provide greater security for documents stored in Microsoft OneDrive and SharePoint Online.

Consistent with the name change, Covata has already launched its new website www.cipherpoint.com.

German presence

The company will shortly establish its presence in Heilbronn, Germany in December with two resources relocating from Sydney to service Covatas major Fortune 500 German customer, DHL, and to expand its business in the DACH Read More – Source