Futurex Announces Corporate Restructuring with the Creation of the Xceptional Solutions Architect Group

BULVERDE, Texas, April 1 /PRNewswire/ – Futurex, an innovator in hardware data encryption and security solutions, announces the creation of its Xceptional Solutions Architect Group geared towards providing compliant ready solutions to meet customers’ growing business needs.

This new group is a result of the introduction of the company’s new Product Monitoring and Update Service and the creation of the Xceptional Support team. It’s another example of the high standards that have been established within the company to provide our customers with compliance based solutions.

“Our creation of the Xceptional Solutions Architect Group is another example of Futurex ‘pushing the envelope’ to keep up with the changing landscape of the marketplace and provide better service to our customers and business partners. It is a bold initiative to replace a sales model that has supported the company for over 25 years,” said Brett Smith, CEO and President of Futurex.

All Xceptional Solutions Architects will undergo extensive training and education and be industry certified security engineers. Futurex believes it is necessary to take this approach to adapt to the changing demands of today’s complex regulatory environment and omnipresent data security breaches. “Each of our Solutions Architects will obtain the highest industry certifications and be provided the best training available,” said Smith.

If an institution, merchant, or service provider fails to be industry compliant, they could be forced to pay an enormous amount in fees and fines. Additionally, the average cost of a data breach is over $6.5 million dollars, not to mention the cost of losing customers and impact on the company’s reputation. “It’s difficult to adequately address our customers’ data security requirements without the knowledge and expertise to understand their environment. We want to build trust with our customers by leveraging an extensive knowledge of the industry, mandates, and our technology,” said Chris Hamlett, Director of Engineering.

About Futurex (www.futurex.com)

Headquartered in Bulverde, TX, Futurex has provided hardware data encryption and security solutions to more than 15,000 financial institutions, retailers, merchant service providers and others on a global basis for more than 28 years. The company’s innovative Host Security Modules and Key Management Servers provide market leading technology for transaction based encryption, general purpose data encryption, as well as remote key management systems for both Point of Sale (POS) terminals and ATMs.

SOURCE Futurex