Telecommunications provider Secure Fortress has joined PLUS Markets. The company placed some 110.5 million shares at 13p each. Its clients include the United States Department of Defence, federal agencies and private institutions.
Telecommunications provider Secure Fortress has joined PLUS Markets. The company placed some 110.5 million shares at 13p each. Its clients include the United States Department of Defence, federal agencies and private institutions.
US-based Secure Fortress provides lines of communication to protect information systems. Its chief product is Fortress, a cabling system for high security environments.
The company acquired Zephyr Communications and SF1, which is based in London, after it was incorporated in January 2007. The company is looking to make further acquisitions.
Chief executive Alexandre Clug joined Secure Fortress after private investment fund Duncan Capital Partners, which he helps manage, bought Zephyr in 2006. Clug owns a 5 per cent stake in the company, while chairman Richard Berman owns an 8.8 per cent interest.
