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Santa Clara, Calif. - May
17, 2000 - Perfecto Technologies, the established leader in
automated Web application control and security software, today
announced that it has been recognized by UPSIDE magazine as one of
its Hot 100 Private Companies. Selected on the basis of excellence
and innovation by UPSIDE editors and an advisory panel of venture
capitalists, financial analysts and market researchers, Perfecto
earned its award in the Internet infrastructure category.
"We
are extremely proud to have been recognized by UPSIDE magazine,"
said Peggy Weigle, CEO of Perfecto. "We are committed to
consistently providing eBusinesses the means to effectively
strengthen the security of their Web applications. To receive
recognition from one of that industry’s most notable publications is
a clear indication of our success."
"We evaluated hundreds of
great companies spanning a broad range of Internet-related market
segments, and are pleased to recognize Perfecto among this year’s
winners," said David Bunnell, UPSIDE CEO and editor. "We look
forward to watching the progress of all of the UPSIDE Hot 100 Award
winners over the next year or so, and hope they continue being
newsmakers as they move from being privately held to possibly
becoming publicly traded companies."
Perfecto was one of only
100 companies singled out by UPSIDE editors and the advisory panel.
More than 1000 companies were nominated this year for the UPSIDE Hot
100 Awards, which were judged on the company’s technological
achievements, customer acceptance of products or services, financial
performance, industry partnerships, financial backing, management
savvy and marketing. The complete list of the UPSIDE Hot 100 Award
winners is published in the June issue of UPSIDE, and can be found
online at http://www.upsidetoday.com.
Perfecto’s
flagship product, AppShield, is the first automated solution capable
of protecting eBusiness applications from malicious hacker attacks.
Based on Perfecto’s innovative Policy Recognition Engine and
Adaptive Reduction Technology, AppShield makes it nearly impossible
for hackers to take advantage of common security loopholes; either
in the application code or within widely used third-party products
such as web servers. AppShield can be installed quickly, needs
little configuration and does not require modification to either
existing eBusiness applications or
third-party
software.
About
Perfecto Technologies
Founded in 1997 and headquartered in Santa Clara, Calif., Perfecto Technologies
is the leader in Web Application Security Management software. AppShield, Perfecto
Technologies flagship product, is the first to provide extreme security for
customer-facing applications in dynamic Web site environments. Perfecto Technologies
has customers in many sectors including, banking, e-tailing, finance, government
and healthcare. Privately held, Perfecto Technologies is funded by blue-chip
venture capital firms and industry leaders, including Sequoia Capital, Walden
and Intel Corporation. More information about Perfecto Technologies may be obtained
by visiting the Company's Web site at
www.perfectotech.com or by calling the Company directly at (408) 855-9500.
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For Immediate Release
Contact:
Diane Fraiman
Perfecto Technologies, Inc.
(408) 855-9500
[email protected]
Kevin Pedraja
Sterling Communications
(408) 441-4100
[email protected]
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