Dublin, Ireland & Houston, Texas
Datac Control International Ltd (www.dataconline.com)
a leading supplier of secure SCADA and Automation Systems today
announces that it has spun out it's highly successful RealFlex
SCADA software business into a separate entity. This Company,
with offices in Ireland, the USA and Russia will trade under the
name "RealFlex Technologies Ltd."
The spin out is expected to generate new business
opportunities and build on existing synergies within the industry.
The new entity has also announced that it
has successfully completed a private round of fundraising. Datac
retains an interest in the business.
New CEO of RealFlex Technologies Ltd, Sean
Dunne commented "The spin out and funding provides the company
with the resources to grow our successful software business into
one of the leading suppliers of secure, robust scada software
internationally. The investment will be used to expand the sales
organisation and to further develop our technology This Company
will to take a large share of a growing SCADA software market"
Denis Curtin has joined the Company as Chief
Technology Officer after filling a similar position in Datac.
RealFlex's flagship product, RealFlex 6, is
a next generation automation software. RealFlex 6 uniquely combines
the true real-time multi-tasking QNX® Neutrino® operating system
with a Microsoft Windows based HMI providing the best of both
worlds to utility managers.
In the current climate of increasing cyber
terror, utilities are seeking new ways to improve the security
of their control systems infrastructure. RealFlex 6 is a secure,
robust and powerful system that manages real-time, historical,
alarms, events, displays and user databases.
According to Cyril Kerr, CEO of Datac "The
spin out of our scada software allows the management to focus
on the building of an already successful scada business with customers
in 40 + countries into a market leader. Our customers are genuinely
concerned about security issues as they relate to corporate governance
and RealFlex's unique technology addresses these concerns".
RealFlex Technologies Ltd has a number of
channel partners worldwide and will actively be seeking additional
distributors for their products.
For further information on RealFlex Technologies
Ltd, visit www.realflex.com
Contact Details: Sean Dunne
Chief Executive Officer
RealFlex Technologies Ltd
Tel: +353 (0)61 308884
Tel + 1 281 348 2341
E-mail: sdunne@realflex.com
Web: www.realflex.com