Fortify Software Announces Definitive Agreement to Acquire Secure Software, Inc.


Acquisition Extends Fortify's Lead in the Software Security Market

PALO ALTO, Calif., Jan. 17 -- Fortify Software Inc., the market-leading provider of software security products that span the software development lifecycle, today announced a definitive agreement to acquire Mclean, Va.-based Secure Software, Inc. The acquisition of Secure Software extends Fortify's lead in the software security market by expanding its worldwide customer base and extending its presence in the greater Washington, D.C. area to better serve the federal market. The acquisition of Secure Software's technology, including its rights to CLASP (Comprehensive, Lightweight Application Security Process), expands Fortify's reach into the requirements & design phases of the software development lifecycle. It further strengthens Fortify's integration with IBM products, specifically the Rational Unified Process (RUP).

"Secure Software's technology protects some of the world's most important enterprises including CA and the Depository Trust and Clearing Corp. (DTCC)," said John M. Jack, CEO, Fortify Software. "Our customer growth is driving the expansion of our team, and Secure Software's people have the software security expertise to hit the ground running."

"We are very proactive in improving the knowledge and skills of our application developers related to information security and removing security-related vulnerabilities early in the application development lifecycle," said Jim Routh, Chief Information Security Office for the Depository Trust and Clearing Corporation. Jim added, "Secure Software has been a trusted partner, and we're confident that Fortify Software will continue to deliver the same value proposition of improving our software capabilities, providing our customers with highly resilient products and services."

Under the terms of the agreement, Fortify Software will acquire certain intellectual property, capital assets, and skilled resources belonging to Secure Software. Secure Software customers will be provided with the full range of support and professional services that Fortify's customers currently enjoy.

About Fortify Software, Inc.

Fortify Software products protect companies from the threats posed by security flaws in business-critical software applications. Its software security products, Fortify SCA, Fortify Manager, Fortify Tracer and Fortify Defender, drive down costs and security risks by automating key processes of developing and deploying secure applications. Fortify Software's customers include government agencies and Fortune 500 companies in a wide variety of industries such as financial services, healthcare, e-commerce, telecommunications, publishing, insurance, systems integration and information management. The company is backed by a world-class team of software security experts and partners. More information is available at www.fortifysoftware.com

Source: Fortify Software Inc.

CONTACT:
Kim Milosevich,
OutCast Communications,
+1-415-392-8282,
kim@outcastpr.com

Web site: www.fortifysoftware.com/

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