AvePoint Introduces Public Preview of AvePoint Confide to Secure and Simplify External Collaboration

JERSEY CITY, N.J., Nov. 28, 2023 (GLOBE NEWSWIRE) -- AvePoint (Nasdaq: AVPT) today announced the public preview of the next generation of AvePoint Confide, the Company’s secure collaboration solution purpose-built to enable organizations to securely engage with partners, vendors, clients, and other outside parties directly through Microsoft 365. As a launch partner, AvePoint is among the first companies to feature advanced in-product integrations with SharePoint Embedded.

“We believe organizations need a modern business solution to manage and secure collaboration at scale to address digital workplace enablement,” said John Peluso, Chief Product Officer, AvePoint. “AvePoint Confide transforms external collaboration by giving users the Microsoft 365 experience they want and trust, while ensuring IT and compliance officers have air-tight control over their most sensitive information, especially when working with additional parties.”

AvePoint Confide enables employees to quickly and effectively work with external collaborators in easy to navigate project rooms, tailored for specific business needs that seamlessly integrate with the Microsoft 365 productivity tools they work with every day, while providing granular security, compliance, and governance features tailored to IT and risk management needs. With the public preview of the next generation of AvePoint Confide, powered by SharePoint Embedded, admins and operations teams will have even tighter integrations with Microsoft 365 security and compliance features, including:

1. Enhanced Visibility and Accountability: User-based file and login activities and metadata in AvePoint Confide are easily accessible in Microsoft 365 audit logs and reports, enhancing visibility and creating deep integration with Microsoft 365 DLP and other document-level protections and compliance processes.
2. Unified Security and Access Policies: Access to AvePoint Confide can now be protected by the customers’ own Microsoft Entra ID Conditional Access Policies for enhanced protections such as MFA, Terms of Service and other organizational access protections.
3. Guaranteed Confidentiality: Enterprise-grade security and compliance running on Microsoft Azure that ensures access to content in AvePoint Confide complies with organizations’ broader approach to access control and conditional access. Enhanced co-authoring capabilities, even when using the desktop Office, ensures collaborative content never has to leave AvePoint Confide, so organizations maintain confidence that highly sensitive information is secure.
   

“Microsoft 365 transforms how organizations connect, collaborate, and drive productivity, and AvePoint Confide extends these capabilities to enable secure external engagements well beyond the firewall,” said Richard Riley, General Manager, Low Code and Content Services, Microsoft. “We look forward to AvePoint Confide providing our joint customers with new ways to work securely with partners and customers worldwide.”

To learn more and participate in AvePoint Confide’s public preview, visit our website.

About AvePoint

Collaborate with Confidence. AvePoint provides the most advanced platform to optimize SaaS operations and secure collaboration. Over 17,000 customers worldwide rely on our solutions to modernize the digital workplace across Microsoft, Google, Salesforce and other collaboration environments. AvePoint's global channel partner program includes over 3,500 managed service providers, value added resellers and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit www.avepoint.com.

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 and its registration statement on Form S-1 and related prospectus and prospectus supplements filed with the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. 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.

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