Elemental Wins Best Enterprise Security Application at Softsummit 2005 Conference
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Elemental Recognized as Leading Security Vendor for Maximizing Value Delivered to Customers with its Security Compliance Management Product
SAN MATEO, Calif. - Oct. 11, 2005 - Elemental Security, Inc., an award-winning pioneer of new technology in enterprise information security, today announced that it has been recognized as having the best enterprise security application in SoftSummit's 2005 Summit Awards program, as determined by a panel of independent judges.
The first-annual Summit Award winners were announced yesterday during a special ceremony at the SoftSummit 2005 Conference, an event sponsored by Macrovision Corporation. The Summit Awards honor the software industry's leading vendors that deliver software applications that maximize value for their customers as well as their business, and enterprises that have maximized value from their software purchases.
"Many companies claim to be customer focused, whether those customers are internal end-users or external buyers," said Fred Amoroso, CEO of Macrovision. "The Summit Awards acknowledge those ISV's and enterprises that have found innovative ways to maximize the value that they deliver to their customers. There was fierce competition for this coveted award, but this year's winners stood head and shoulders above their competition in demonstrating excellence in customer focus, a core tenet of Software Value Management."
"Macrovision's SoftSummit is the premier conference for Software Value Management, and we are pleased to be recognized as the leading security vendor, and to receive its inaugural Summit Award," said Elemental CEO Peter Watkins. "Elemental continues to generate significant industry and enterprise interest for the value we provide customers with our security compliance software solution. We continue to be highly decorated with accolades from around the industry, and it's exciting to see further validation of our efforts and Elemental's policy-based, host-level approach to security compliance management."
The Summit Awards recognize vendors that enable new business models, foster mutually beneficial relationships with customers, and reduce the time and cost of developing and maintaining products, as well as enterprises that excel at serving their end-users while maximizing the return on their software investment. Out of 31 finalists, seven companies were selected as demonstrating the best in Software Value Management (http://www.softsummit.com/about_SVM.html) by an independent panel of judges. The judging panel included industry analysts and top editors from organizations including AMR, CRN, Forrester Research, Hurwitz & Associates, IDC, Illuminata, SD Times and the SIIA.
Elemental's award-winning product is the world's first solution that unifies policy management, host configuration and network access control in one seamlessly integrated offering. For the first time, enterprises can easily express cross-platform security policies that affect individual computers and their behavior on the network, gather meaningful up-to-date information to compare to established metrics, and selectively enforce policies across a diverse, dynamic environment. Security compliance has become a top priority for enterprises due to the pressures from increasing frequency and severity of security breaches, and from regulations such as Sarbanes-Oxley (SOX), the Payment Card Industry (PCI) Data Security Standard, and the Health Insurance Portability and Accountability Act (HIPAA).
About SoftSummit
SoftSummit is the premier conference for Software Value Management, which includes pricing, purchasing, licensing, and updating software. The event includes hundreds of executives from many of the world's largest software publishers, as well as Fortune 500 companies. Sponsored by Macrovision Corporation, SoftSummit 2005 is being held Oct. 10-11 at the Westin Hotel, Santa Clara, Calif. For more information or to register, visit www.softsummit.com .
About Elemental
Elemental is an award-winning pioneer in the Security Compliance Management market. Elemental's products address enterprises' need to centrally manage the security compliance of all computers in their environments. Elemental provides unified visibility and control to manage dynamic computing environments, enabling enterprises to satisfy compliance requirements and measurably improve their security. Founded in December 2002, Elemental is a privately held company backed by Bessemer Venture Partners, Mayfield, Sequoia Capital and Lehman Brothers Venture Partners. Red Herring and AlwaysOn awarded the company their Red Herring 100 and AlwaysOn 100 awards, respectively, which honor the top private companies of 2005. The company is headquartered in San Mateo, Calif., and has offices throughout the U.S. Go to www.elementalsecurity.com for more information.
