/n software to Acquire EldoS Corporation, makers of SecureBlackbox

July 15th 2016, Chapel Hill, NC - /n software inc. (www.nsoftware.com), a leading provider of professional Internet development tools and components, today announced the acquisition of EldoS Corporation, developers of SecureBlackbox and a wide range of data protection, secure storage, and file system virtualization technologies. Through this acquisition, /n software expands their award-winning lineup of integration and developer tools with an exciting array of new security and data protection capabilities.

Since inception in 1998 EldoS has grown from a group of talented security engineers, to a global provider of tools and components for file and network security. Their flagship product SecureBlackbox is a popular toolkit used for integrating strong data and communications security into custom applications. Moving forward, EldoS will continue as an independent business unit and brand extension of /n software.

"We are excited to welcome the EldoS Corporation team and the entire line-up of EldoS products to /n software," said Gent Hito, President & CEO at /n software. "The addition of EldoS will enable us to deliver new and exciting data protection, storage, and system virtualization tools to our customers. Their quality software products, highly-talented team members, and unique intellectual property will position us well to deliver next-generation security solutions for developers well into the future."

EldoS Corporation's family of software solutions and technologies are strongly aligned with /n software's strategy. The acquisition provides important components to expand /n software's capabilities in low-level data protection, storage, and virtualization. In addition, the EldoS portfolio is highly complementary to /n software's, offering cross-platform tools and components for developers using any platform or technology.

"While evaluating this acquisition, the future success of our customers was our highest priority." said Eugene Mayevski, CEO at EldoS Corporation. "Thankfully, /n software shares our deep commitment to software developers and our passion for protecting data. Joining /n software enables us to combine our best-of-breed security and data protection solutions with /n software's global presence and support services."

The former European offices of EldoS will continue to function as satellite offices for /n software and extending support services for customers throughout Europe. EldoS customers will continue to count on the same service and support from the customer team and contacts that they currently have, in addition to extended services from a US-based support team.

About EldoS Corporation
EldoS (www.eldos.com) specializes in development of security-related software components for low-level data protection, secure storage, and transfer. Founded in 1998 the EldoS family of security products are used in over 70 countries by a number of small to large-scale companies and organizations, including financial and military institutions.

/n software has acquired all IP and substantially all assets from Eldos Corporation Ltd. Eldos Corporation will remain as a distinct entity.