Hopefully the Presentation / AGM will provide some clarification about the business relationships with NSC Global, Sematics & APCG?
At the time of signing T-Systems in March2015 it looked like doors would be opened.
Covata was spruiking SafeShare access to potential 6 million customers - however the presented idea that widespread use of Safeshare was imminent has stalled somewhat, obby. rough FA Timelime for st'ers
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4 December 2014
Covata Limited (ASX:CVT) and reseller partner NSC Global today announced its first major joint project, which delivers on the companies’ existing partnership, inked earlier this year. The project advances the European go to market strategy for the Covata Platform and marks the first major milestone in working towards a contractual agreement with T-Systems, a subsidiary of German based ICT Company Deutsche Telekom.
Covata Limited (Covata) and NSC executives, working within an existing agreement, have formed a tighter partnership to sell the Covata Platform and provide ongoing support and development of Safe Share and future products across Europe.
Covata recently opened an office in London and NSC have confirmed they will be putting additional sales, marketing, technical and operational support behind the delivery of the Covata Platform as a service throughout the region.
Trent Telford, Covata Founder and CEO affirmed,
“Our strategic partnership with NSC Global allows us to execute our vision of delivering game-changing enterprise security solutions to global marketplaces. The T-Systems market place will place Safe Share squarely in front of one of the largest enterprise customer bases in Europe. European companies are increasingly looking towards non USA software companies to provide Software as a Service domiciled on EU soil. This deal will deliver secure file sharing to those European enterprises.”
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18 March 2015
Covata Limited (ASX:CVT),
European partner NSC Global and top tier telecommunications company T-Systems have officially launched the Covata Safe Share cloud service into the T‐Systems Digital Division portfolio kick starting the first of many marketing campaigns scheduled for the product.
The launch of Safe Share as a service is targeted at T-Systems clients, including the top 400 enterprise companies and a further 7000 medium‐large sized companies that sit within Deutsche Telekom’s customer base. These companies together employ more than 6 million staff and will be able to subscribe to Safe Share to protect, control and secure their data in the cloud.
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20 March 2015
Covata Limited (ASX:CVT) (“Covata” or “the Company”)
has formalised partnership arrangementswith New York based consulting firm Sumatics, andAsia Principal CapitalGroup(APCG).
Covata is pleased to announce formal partnerships with both Sumatics and APCG to further advance its go to market strategy of commercialising the Covata Platform and Safe Share product.
Sumatics Growth Partnership
Covata has been working with Sumatics to develop its Original Equipment Manufacturer (OEM) channel to achieve the goal of ‘Covata Inside’ the product/s of other technology companies, by way of a ‘Revenue Producing Agreement’(RPA).
To this end, Covata, with the assistance of Sumatics, is in advanced discussions with a Fortune 100 Company in relation to a licensing distribution agreement for the Covata Platform and Safe Share Product.
Under the terms of the contract Covata has agreed to issue Sumatics options over 38,240,979 shares at a strike price of 27.4 cents per share upon the execution, by Covata, of the first RPA delivered by Sumatics.
&
APCG - Business Acceleration Partnership
Covata has entered into an agreement to recognise its long term and historically successful relationship with Asia Principal Capital Group.
APCG have played, and continue to play, a significant role in developing and building key relationships for CVT including having brought the NSC Global and Sumatics agreements to fruition. NSC Global is performing an important role in building the Telco/MSP channel model in Europe.
Mr Telford continued,
“I value the long standing strategic relationship we have with the team at APCG. Our shareholders are looking to ensure continued global growth from the company and APCG are helping us deliver this; as evidenced by NSC and Sumatics.”
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gltalt
