Panda Security Sponsors Hispania Formula 1 Racing Team for 2011

ORLANDO, Fla., March 10, 2011 /PRNewswire/ -- Panda Security, the Cloud Security Company, and Hispania Racing, the only Spanish team competing in Formula 1, have reached an agreement by which the Spanish multinational will become a technical sponsor of the racing team during the 2011 season.

The agreement will enable Panda Security to provide security solutions and VIP support services to protect Hispania Racing's IT infrastructure (for both the team's office and mobile computers). Additionally, the F1 team will include the Spanish multinational logo on all its sponsorship materials and give it preferential access to various activities and services during the 2011 season.

Thanks to the agreement, Hispania Racing will enjoy Panda Security's cutting-edge cloud-based security service, Panda Cloud Protection. This solution provides near real-time protection against the more than 63,000 new viruses, worms, Trojans and other security threats that appear every day. Collective Intelligence, Panda Security's unique cloud-computing technology, automatically analyzes, classifies and disinfects 99.4 percent of all new malware strains.

Panda Cloud Protection will protect Hispania Racing's servers, corporate email and Internet traffic on the company premises, as well as remote computers moving around the world during the 2011 F1 season. Panda Cloud Protection will centrally take care of network management and maintenance while monitoring the racing team's security in real-time. Also, Panda will protect the team's network perimeter with Panda GateDefender Integra.

According to Juan Santana, CEO of Panda Security, "Hispania Racing is a fantastic team, and is the only Spanish team participating in Formula 1. We are extremely happy to announce this sponsorship agreement and are sure their 2011 season will be a success. We are very proud to protect the Spanish team's IT infrastructure with Panda's protection technologies which are fully developed in Spain. Our solutions' ease of use and deployment, together with their extraordinary cloud-based detection capabilities against new computer threats, and high-speed and performance have been essential in reaching this agreement."

Jose Ramon Carabante, Hispania Racing President, stated, "For us it is very important to have the support of a leading security company like Panda Security in our second season in F1. We are working towards consolidating the project we started last year, and it is fundamental for us to establish strong alliances with leading companies like Panda Security. This agreement will undoubtedly serve to meet one of our main objectives: to promote Spain all over the world through the powerful platform provided by Formula 1."

About Hispania Racing

With Jose Ramon Carabante at the head of the team, Hispania Racing Team-HRT F1 Team became the first ever Spanish outfit in history to take part in the Formula 1 World Championship. Hispania Racing made its debut in March of 2010 at the Bahrain circuit. After 19 intense and competitive races, with Bruno Senna, Karun Chandhok, Sakon Yamamoto and Christian Klien as drivers, the Spanish team was able to finish the Constructors Championship in eleventh place.

For the 2011 season, with the Italian, Vitantonio Liuzzi and the Indian, Narain Karthikeyan, behind the wheel of the new F111, a car completely assembled by Jose Ramon Carabante's team, Hispania Racing aims to establish itself amongst the biggest and best constructors in Formula 1, contributing to the growth of the "Spain" brand and helping to increase its international recognition.

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 every day, guaranteeing corporate customers and home users the most effective protection against Internet threats with minimum impact on system performance. Panda Security has 61 offices throughout the globe with US headquarters in Florida and European headquarters in Spain.

Panda Security collaborates with Special Olympics, WWF and Invest for Children as part of its Corporate Social Responsibility policy.

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

SOURCE Panda Security