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Shred-it to target UAE's USD 234 million infotech market

  • United Arab Emirates: Saturday, October 16 - 2004 at 09:48
  • PRESS RELEASE

Shred-it, the UAE's leading secure document destruction solution provider, plans to target the Emirates' USD 234 million infotech market (source: IDC) for its services.

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"The I.T. industry, which handles a great amount of confidential client and technical information, is prone to competitive and identity theft and will greatly benefit from our sensitive information disposal service," said Stuart Mansbridge, General Manager, Shred-it, Dubai.

"The UAE 's infotech industry figures very strongly among the Gulf countries, with events like GITEX placing it on the international map and IDC projecting software spending in the Emirates to cross US$245 million by 2007. Companies need to realise the potential damage that information theft can cause in such a fast-growing competitive industry."

Shred-it has already signed up with HP, Cisco and Motorola in the UAE and plans to further expand its infotech client base.

"I.T. solutions companies often have access to confidential client information, which, if in the wrong hands can destroy client confidence. To avoid this, most companies opt for hard- to -guess passwords and disposal of important documents. They often overlook CDs and DVDs that may contain client data, technical or business strategies.

"Shred-it can destroy even discs into small strips using cross-shredding techniques. We help clients assess what constitutes confidential information and which departments need to be careful about document disposal."

Shred-it places locked security consoles in client offices where staff can drop important documents. Shred-it representatives will then empty the contents on a fixed schedule and destroy it on-site, ensuring secure disposal.
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Notes and media contacts

About Shred-it:
Shred-it has grown to be one of the world's largest on-site document destruction companies. 125,000 clients on five continents from large banks and hospitals to one-person enterprises use Shred-it for the protection of their most vital asset — information. Shred-it has provided solutions to the world's most information-sensitive industries, including law enforcement, government, healthcare, financial services, technology and manufacturing sectors.

Competition in the new world economy has moved the safeguarding of confidential information to the forefront of business priorities. Worldwide, there is a growing consciousness on the part of businesses to increase competitive advantage by minimizing the risk of embarrassment, liability and loss of trade secrets. Shred-it's system of secure document destruction and disposal has pioneered the shredding industry.

For further information: Jonathan MacPherson, MCS/Action FZ LLC,PO Box 20970,Dubai.Tel: +971 (0)4 390 2960,Fax: +971 (0)4 390 8161.

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