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Leading Provider of Web Application Security Software Included in Top 100 Companies to Watch in 2001
Santa Clara, Calif. - November 15, 2000 -
Sanctum, Inc., the established leader in automated Web application
control and security software, today noted its inclusion in
Computerworld's list of the top 100 new companies to watch in 2001.
Winners were chosen from 10 key technology areas. Sanctum was named
among the top five companies in the Security category.
The Top 100 Emerging Companies list, which appears in the
magazine's November 13 issue, recognizes companies with
"advanced technology" and "competitive advantage" in market
segments which include Application Development Tools, ASPs,
Web Infrastructure, Mobile and Wireless, Security and
E-market Exchange. Companies were chosen based on technology,
innovation and positive signs of an ability to execute
business strategy.
"The IT industry is extremely competitive today. Companies
are fighting tooth and nail to gain the notice of IT leaders.
Only those companies that are truly innovative will stand out
in this market -- those that are taking risks and spearheading
change," said Maryfran Johnson, Editor-in-Chief of Computerworld.
"It's certainly gratifying to have a publication of
Computerworld's stature take note of our technology and
market leadership," commented Peggy Weigle, president and
CEO of Sanctum. "We've worked very hard to provide
eBusinesses with the security tools they need to protect
their digital assets from the growing threat of
application-level attacks. While we take great pride
in the success we've had in helping our customers create
a safe, trusted environment for doing business online,
it's extremely satisfying when such knowledgeable industry
watchers acknowledge the value and relevance of our work.
It's an honor to join the other successful companies on this list."
While most eBusinesses understand the importance of
security, too many stop at data encryption and firewalls,
providing little or no protection for the most vulnerable
points to any web site, the applications themselves. Sanctum's
Web application security software fills this large gap,
autonomously and intelligently securing and monitoring Web
application behavior to ensure that they do only what the
eBusiness intends them to do. Sites secured by Sanctum
are completely protected from the damaging effects of
application-level hacks, such as site defacement, stolen
goods, corporate espionage and/or compromised
customer information.
Sanctum's customer base includes industry leaders in
banking, retailing, finance, government and healthcare,
including companies like Yahoo, Quote.com and NetVision
(Israel's largest ISP).
About Sanctum, Inc. (www.SanctumInc.com)
Founded in 1997 and headquartered in Santa Clara, Calif.,
Sanctum, Inc. (formerly Perfecto Technologies) pioneered the market
for web application security and control software.
Sanctum's software works autonomously and continuously to
monitor how individuals interact with web applications. By
detecting and defending against any unauthorized behavior,
Sanctum prevents web application perversion, even if a site has
unknown security holes or flaws. Sanctum's customers include industry
leaders in banking, retailing, finance, government, and healthcare.
Privately held, Sanctum is funded by blue-chip venture capital firms
and industry leaders, including Sequoia Capital, Walden and
Intel Corporation. More information about Sanctum may be obtained
by visiting the Company's web site
www.SanctumInc.com or by
calling the Company directly at (408) 352-2000.
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AppShield is a trademark of Sanctum, Inc.
All other product names referenced are the property of their respective
owners and are hereby acknowledged.
For Immediate Release
Contact:
Diane Fraiman
Sanctum, Inc.
(408) 352-2000
[email protected]
Kevin Pedraja
Sterling Communications
(415) 749-6550
[email protected]
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