AVPT AVEPOINT INC

AvePoint Grows U.S. Public Sector Business Amid Demand for Digital Collaboration Security Solutions

AvePoint Grows U.S. Public Sector Business Amid Demand for Digital Collaboration Security Solutions

Leadership team expands with the appointment of Kevin Briggs to Vice President of Public Sector

JERSEY CITY, N.J., Nov. 29, 2022 (GLOBE NEWSWIRE) -- (NASDAQ: AVPT), the most advanced SaaS and data management platform provider, today announced the appointment of Kevin Briggs to Vice President of U.S. Public Sector supporting customers in education, federal, state and local governments. Briggs joins amid strong revenue and SaaS growth, , and will accelerate support for U.S. public sector organizations who face complex challenges in the cloud.

Briggs brings two decades of experience in the federal government space to AvePoint. He previously held leadership positions at Microsoft, Qualtrics and Lockheed Martin across finance, business development and sales. His expertise in strategic planning, business operations and driving key growth initiatives will support AvePoint’s goal of expanding business in the U.S. public sector.

"With heightened attention and demand for digital collaboration security and data management technologies, especially in regulated industries like the U.S. government, it is an exciting time to join AvePoint,” said, Kevin Briggs, Vice President of Public Sector, AvePoint. “Our Confidence platform, which includes three product suites for Control, Fidelity and Resilience, helps to solve critical and time-sensitive challenges, and I am eager to reach more U.S. public sector organizations to protect and optimize their digital environments.”

Today, AvePoint empowers more than 1,000 U.S. public sector organizations – including every cabinet of the federal government, all four branches of the Department of Defense, and more than 400 local governments and municipalities – to manage SaaS platforms and provide data protection, compliance and management. Further, AvePoint intends to expand MaivenPoint, its SaaS modern learning product line, to more universities and institutions of higher learning in the U.S. as this is a critical area of focus.

Additionally, AvePoint continues to invest in certifications that make it easier for U.S. public sector agencies to accelerate their adoption of cloud services with confidence. AvePoint is and is moving towards compliance with StateRAMP, TX-RAMP, and authorizations for DoD Impact Levels 5 and 6 to support regulations and Federal guidance such as the and .

AvePoint also and demonstrated conformance to the International Organizations for Standardization’s (ISO) information security management system (ISMS) audit using the and 27017:2015 frameworks as well as certification against , Trust, Assurance and Risk (STAR) Level 2.

To learn more about the AvePoint public sector business, please visit .

About AvePoint

Collaborate with confidence. AvePoint provides the most advanced platform for SaaS and data management to optimize SaaS operations and secure collaboration. More than 9 million cloud users rely on our solutions. Our SaaS solutions are also available to managed service providers via more than 100 cloud marketplaces, so they can better support and manage their small and mid-sized business customers. Founded in 2001, AvePoint is a five-time Global Microsoft Partner of the Year and headquartered in Jersey City, New Jersey. For more information, visit .

Disclosure Information

AvePoint uses the website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint's business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of AvePoint’s most recent Quarterly Report on Form 10-Q, its registration statement on Form S-1 and related prospectus and prospectus supplements, and in its subsequent filings made to the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations.

Media Contact

Nicole Caci

AvePoint



(201) 201-8143



EN
29/11/2022

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