INDEPENDENT NEWS

Security Technology Alliance to Create a New Growth Industry

Published: Tue 13 Aug 2013 03:58 PM
MEDIA RELEASE
Security Technology Alliance to Create a New High Growth Industry For New Zealand and Significant Export Growth Opportunities
Wellington, 13 August 2013 – Innovative New Zealand-based high growth technology companies, Gallagher, Tait Communications, Wynyard Group and Endace, have come together to form the Security Technology Alliance (STA), a compelling new security proposition for global markets.
The companies that all have a proven track record of success and traction in global markets, together deliver different advanced solutions for managing criminal intelligence, cyber security, mission critical communications and physical security.
STA spokesperson Craig Richardson says that the STA has brought together successful technology companies to create a new high-growth and high-value industry category for New Zealand which will increase New Zealand’s security capability and help create a value driven economy.
“The STA is a focused and well-supported initiative aimed at expanding New Zealand’s security industry, capability and export earnings. Our companies complement each other’s strengths and joining forces creates a compelling new global market proposition in this high growth market.
“It’s these types of initiatives, in a hi-tech category that has the potential for significantly increasing export earnings, which will lift New Zealand’s profile as a country that is known for its technology and not just its cows and campervans.
“This is a research and development intensive, growing industry for New Zealand, that will attract new capital investment and also create and keep highly skilled technology workers here in New Zealand,” says Richardson.
The STA recently opened an office in Washington DC and has appointed former Department of Homeland Security Assistant Secretary for The Office for State and Local Law Enforcement, Mr Louis F. Quijas to the position of Senior Vice President Strategic Ventures.
Mr Quijas will promote the alliance capability globally and says that New Zealand is already recognised and respected for the important contribution its companies make internationally to the sector.
“There is a significant global market for security services and the STA will allow more New Zealand companies to create opportunities in global markets. Collectively the STA offering is world class and this is also why we want to promote New Zealand’s broader expertise and leverage the combined capability internationally,” says Mr Quijas.
Mr Quijas says that the STA serves as a critical conduit for global markets to access New Zealand security technology and with a growing membership it will provide global clients with an easy way to access a portfolio of trusted technology companies operating in the security sector.
“New Zealand has an important role to play globally in disrupting trans-national crime and corruption and the STA provides a platform for global markets to leverage alternative technology options as well as empowering New Zealand to increase its share of export revenues from this growing sector.”
All STA members have been well supported by the New Zealand Government, including through New Zealand Trade and Enterprise and the Ministry of Business Innovation and Employment, which have supported the establishment of the STA as well as individual companies with research and development grants, getting technology to different export markets, and in-market advice.
While the STA has four recognised foundation members, the STA collaboration agreement allows for other qualified, export focused New Zealand security technology companies to join the alliance.
ENDS

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