Basingstoke, UK-based information security firm Zergo Holdings Plc, quoting increasing interest in the information security market, has moved back into the black this interim period. Pre-tax profits were at 237,000 British pounds against a 500,000 pounds loss last time. Revenue was also up 17% to nearly 5m pounds. The company has responded to Internet-related security opportunities in particular, with the development of CryptoLayer, the desktop component of the Zergo Secure Architecture, to be released early next year. Zergo’s order book exceeded 4m pounds at October 31, representing a 64% rise on last year. It also has two new contracts to boast of: it will suppply managed encryptors to Racal Network Services Ltd, to be used by HM Customs & Excise and within government local area networks. It also has a pact with the Department of Trade & Industry. No figures were given. As promised last half (CI No 2,984), Zergo continues to search for partnerships with which to exploit growth opportunities, and recently signed two strategic agreements. It is in league with Lloyds TSB Group Plc but details of the deal were not given. It also has a pact with Citymax Integrated Information Systems Ltd, a unit of Credit Suisse SA, to develop and market secure applications for the Internet. In line with stated company policy, Zergo is not paying a dividend.
