DUBLIN, Oct. 14 /PRNewswire/ -- Sysxnet Ltd trading as Sysnet, headquartered in Dublin, Ireland, is pleased to announce its strategic partnership with GTX Partners LLC. Sysnet is a worldwide provider of information security assurance and payment card industry compliance services.
"We are very excited to welcome the expert knowledge of the electronic payments industry that GTX Partners bring to Sysnet," said Tom Moynagh, managing director at Sysnet. "The electronic payments security market offers significant opportunities, particularly in emerging markets such as Russia and the Middle East, and this partnership will enable Sysnet to take full advantage of those opportunities and realise its international expansion goals."
Edward Grzedzinski, co-founder and former chief executive officer of NOVA Information Systems, Inc., is managing partner of GTX Partners LLC. Both Grzedzinski and Erik Toivonen of GTX Partners LLC will join Sysnet's board of directors.
"This is an exciting time in Sysnet's development and we are very pleased to be part of the team," said Grzedzinski. "Erik and I look forward to assisting Sysnet in the successful implementation of what is both a challenging and rewarding business development plan."
About Sysnet
Established in 1989, Sysnet is a leading provider of information security assurance and payment card industry compliance services worldwide. Sysnet offers a range of professional security services, including its proprietary web based compliance management product Securus, to a wide variety of businesses including Acquirers, International banks and government departments. Sysnet is a market leader in IS0 27001 services, vulnerability management and audit and assessment consulting through the Payment Card Industry Data Security Standards (PCI DSS) program. Headquartered in Dublin, Sysnet has established relationships with Banks, Service Providers and Merchants in over 30 countries worldwide.
About GTX Partners LLC
Formed in 2009, GTX Partners LLC provide capital and strategic business development support to early- and mid-stage companies operating in the payment card industry. Together, Edward Grzedzinski and Erik Toivonen represent nearly 60 years experience in the business. Their working relationship began in 2001 at NOVA Information Systems.
www.sysnet.ie
SOURCE Sysnet
Sysnet
CONTACT: Sysnet Media: Sandra Higgins, Marketing Manager, Sysnet, +353(0)87 624 3160, shiggins@sysnet.ie; GTX Partners Media: Edward Grzedzinski,Managing Partner, +1-678-534-8289, egrzedzinski@gtxpartners.com
