New Management at the British Stonewood Group reveals two-fold growth despite tough Economic Climate

Stonewood Group, the leading designer and manufacturer of accredited hardware encryption solutions, has grown two-fold in the past 15 months, under the leadership of Brendan Forster. The company has achieved record revenues and received a further injection of capital through an over-subscribed rights issue funded exclusively by the Company’s own board, illustrating the Group’s confidence. This, along with the release of its “Eclypt” range of products, currently undergoing HMG certification, will accelerate its sustained growth.

Chris McIntosh, who previously served as a Stonewood Electronics non-executive board member has been appointed CEO. Gaining a vast amount of experience within the communications and information assurance environment as lieutenant colonel in the Royal Signals, Chris replaces Brendan Forster who has assumed the role of Stonewood Chairman, where as majority shareholder, he will continue to influence at a strategic level.

“We remain focused on investing in the very best personnel and core infrastructure to allow us to meet and shape future military, government and corporate security requirements. Stonewood is ideally positioned to champion, and safeguard the data needs of Government, Defence and global corporations via its trusted accredited solutions,” said Stonewood Chairman, Brendan Forster.

About the Stonewood Group: www.Stonewoodgroup.co.uk
The Stonewood Group is an innovative solutions-driven company that designs and manufactures the industry leading FlagStone and Eclypt ranges of hardware encrypted drives.

Trusted globally by Governments, Defence, Law enforcement agencies as well as the world’s foremost financial, banking and medical corporations, the FlagStone range is widely-recognised for its fit and forget, tamper proof and fully secure solution for data encryption.

They are Operating System independent and require no specialist IT knowledge in order to operate them; they are completely transparent to the end user and have no adverse effect on computer performance.

FlagStone has now evolved into Eclypt, with an array of new and improved features making it even more user-friendly and flexible to suit each and every individual organisation, without compromising the level of data protection.

MS Windows User Account Management software, support of up to 128 User Accounts and configurable password length and login attempts are just some of the features that Eclypt has to offer.

Zara Gibb
Management Supervisor
Peppercom Europe
The Timber Yard
107 Drysdale Street
London N1 6ND
Tel: +44 (0)20 7033 2660
Fax: +44 (0)20 7900 2928
E: zgibb {at} uk.peppercom(.)com
Mobile: 07957 129 339