Panda Security Joins ASCII Group's Solution Alliance Network

BETHESDA, Md., Feb. 25 /PRNewswire/ -- The ASCII Group, Inc. (ASCII), the nation's oldest and most established community of independent managed service providers, system integrators and solution providers welcomes a new addition to their growing Solution Alliance network – Panda Security. This alliance will provide additional benefits and education for the ASCII community of resellers targeting the growing IT security market.

"We continue to add more benefits for the ASCII community at large. Panda Security recognizes the market value of the ASCII community and we are proud to have them join the Solution Alliance network," said Alan D. Weinberger, founder, chairman and CEO of ASCII.

Panda Cloud Protection: Easy Management with Hosted Web Console

Panda Security's cloud-based security solution Panda Cloud Protection allows resellers to more easily and efficiently manage protection for an unlimited number of customers from one Web-based console, from anywhere in the world. Panda Cloud Protection removes the cost associated with managing hardware, personnel and other resources dedicated to antivirus protection by placing the infrastructure into the cloud, all while maintaining a high level of security for PCs, laptops, servers and email traffic. Resellers that are interested in expanding their business to the quickly growing market of managed services can easily do so with Panda Cloud Protection because it allows them to generate security reports for clients as an additional service, and provides more flexibility in terms of margins and servicing due to its web-based management console.

World Class Partner Program

Panda Security's partner program features the industry's most comprehensive benefits for value added resellers and managed service providers. Partners receive enhanced deal registration, which constitutes a 10 percent margin incentive for partners who bring in new sales leads, regardless of whether or not they actually close a deal with a new customer. They also benefit from renewal protection that guarantees up to 30 percent commissions when licenses or service agreements renew. The company's limited time Win/Win program promises that Panda will give a deal of similar size from its legacy licenses when resellers bring in a deal with 50 seats or more, giving resellers two deals for one. In addition, the program is frequently enhanced with new marketing and training support through its partner portal, which includes promotions, rebates, and customizable marketing materials designed to stimulate sales and ensure partner profitability.

Award-Winning Technology and Partner Program

Panda Security has been recognized by the industry's leading publication, ChannelWeb for its superior security, channel program and executive team. Recent awards include:

• 20 Coolest Cloud Security Vendors, Jan. 2010
• 25 Most Innovative Channel Executives of 2009, Nov. 2009 (Juan Santana)
• 20 Hot Security Products for SMB's, May 2009 (Panda Managed Office Protection)
• Recommended Seal , May 2009 (GateDefender Performa)

"Panda Security is 100 percent dedicated to the channel, and our partnership with the ASCII Group will help us reach the best partners in the market," said Rick Carlson, president of U.S. operations, Panda Security. "We are looking forward to working with the ASCII Group on providing best-in-class cloud security solutions that empower resellers to innovate and grow."

About The ASCII Group, Inc. (ASCII)

The ASCII Group, Inc., headquartered in Bethesda, Maryland, was established in 1984, with additional offices in Canada, India, and the UK. ASCII is the largest paying community of independent computer resellers in the world with more than 2,000 members and system wide end-user sales of approximately $10.5 billion. ASCII provides technology tools, products and services to assist independent information technology resellers increase profits, reduce costs, and grow their respective businesses. The Company can be reached at (800) 394-2724, or at www.ascii.com.

About Panda Security

Founded in 1990, Panda Security is the world's leading provider of cloud-based security solutions with products available in more than 23 languages and millions of users located in 195 countries around the world. Panda Security was the first IT security company to harness the power of cloud computing with its Collective Intelligence technology. This innovative security model can automatically analyze and classify thousands of new malware samples per day, guaranteeing corporate customers and home users the most effective protection against Internet threats with minimum impact on PC performance. Panda Security has 56 offices throughout the globe with U.S. headquarters in Florida and European headquarters in Spain.

For more information, visit http://www.pandasecurity.com/

SOURCE Panda Security