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Comodo Acquires PSOFT


Thursday, 27 January 2005

Comodo Acquires PSOFT Positive Software (PSOFT) is the developer of H-Sphere, a scalable multi-server web hosting control panel that provides complete hosting automation for Linux, BSD and Windows2000/2003 platforms, offering an extensive, easy-to-use interface, a billing system, a “brandable” reseller product, and an integrated trouble ticket system.
PSOFT also develops CP+, a web based control panel for dedicated servers that supports most Linux & FreeBSD operating systems. CP+ offers a graphical interface for Admin, Domain Owner and End User levels, and complete functionality to manage the server and its components.

The merger represents the “perfect blending of corporate and technical philosophies,” according to Comodo President and CEO Melih Abdulhayoglu. “PSOFT adds seamlessly integrated hosting components to a growing and comprehensive online product offering.” He adds, “ Both companies have been actively engaged in the development of secure and robust business solutions, and the cost-effective offering of those solutions in the marketplace."

“The addition of PSOFT helps make Comodo unique among the competition in terms of scope, quality, and price points,” says Abdulhayoglu. “We now offer a complete and totally integrated line of Internet business solutions, and furthermore we have the ability to fully accommodate our partner-resellers in the web hosting industry with the kind of support they have come to expect from Comodo.”

PSOFT’s Igor Seletskiy will be retained in the capacity of Technical Director and will oversee the continuing development of H-Sphere and CP+.

Comodo, headquartered in Jersey City, NJ, provides cost-effective, comprehensive, secure and functional online business solutions. Other Comodo products include the TrustFAX online document manager, AssureBuy payment gateway, MegaCRM customer and sales management, iBranded website development and marketing interface and domain search, InstantSSL ( CAs ), and Trustix operating system and secure server and firewall appliances.

Comodo is the world's fastest growing provider of critical infrastructure solutions and can be reached at ( US ) +1 888-COMODO1


Source: i-Newswire


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