RedSeal Systems Launches New Metrics-Driven Security Risk Management Technology


Company Launches at Burton Catalyst Conference; New SRM Architecture Will Be Showcased in San Francisco on June 15

SAN MATEO, Calif., June 12 /-- RedSeal Systems Inc., a developer of innovative security risk management software, today formally launched the company and its new security risk management technology enabling security to be managed as a business process. The company's first product was also announced in a separate release today.

Led by chief executive officer Joel Evanier, RedSeal's executive management team includes recognized networking, security and application luminaries from Cisco, Bell Labs, ISS, Sun Microsystems, Check Point Software and Juniper. To build its system, RedSeal secured more than $14 million in Series A financing from leading security investment venture capital firms Venrock Associates, Sutter Hill Ventures and Leapfrog Ventures.

"RedSeal has registered an extraordinary achievement in converting best practices theory into a manageable business process," said Ray Rothrock, managing general partner, Venrock Associates. "Joel and the RedSeal team have applied experience and thorough market research to meeting a true challenge for any IT professional: measuring security."

With today's launch, RedSeal is offering organizations of all sizes a practical, easily-deployed way to quantify network security, giving IT operations personnel, compliance managers, CIOs and CSOs a unified way to visualize security and risk. At the system's core is RedSeal's Adaptive Risk Analysis (ARA(TM)) engine that models and analyzes the configurations of complex networks, clearly identifying risk "hot spots." RedSeal's unique ARA(TM) architecture enables IT organizations to see dramatically faster results in return for minimum up-front effort.

"Any organization with more than ten firewalls and routers in place can derive near immediate benefits from deploying RedSeal's SRM solution," said Joel Evanier, chief executive officer for RedSeal. "We are pleased to announce our uniquely easy-to-use approach to risk quantification. With world-class expertise and the confident enthusiasm of our investors, we are excited to meet the security risk management needs of our customers in this rapidly growing market segment."

RedSeal's SRM is designed with functional roles in mind, allowing users to quickly locate network areas and key business assets that are the targets of threats and get precise guidance on the best places to preempt exposure. The risk metrics and remediation information from RedSeal can be used daily to maintain security at desired levels, while the system's reporting and auditing capabilities allow for tracking security efficiency over time, thereby helping guide compliance efforts and future technology investment.

"Effective enterprise security management requires metrics to track key indicators of security processes and deployed technologies," said Andrew Jaquith, senior analyst for the Security Solutions & Services Decision Service, Yankee Group. "Risk quantification tools can help enterprises measure their relative exposure. To satisfy business imperatives and assist with compliance initiatives, risk quantification tools must help firms identify those risks with the greatest potential impact. They must also fit into existing processes and integrate with the most common third-party technologies."

The RedSeal system is being demonstrated for the first time publicly at a corporate launch event during the Burton Group's Catalyst Conference in San Francisco on the evening of June 15.

About RedSeal Systems Inc.

RedSeal Systems develops innovative security risk management (SRM) software designed to streamline and automate the security management lifecycle. RedSeal's solutions enable companies to quantify overall security, assess critical areas of risk and validate that their security infrastructure successfully stops attacks. With RedSeal, enterprises can measure and reduce security risks, increase responsiveness to business demands, and reduce operational costs. More information can be found at www.redseal.net.

Source: RedSeal Systems Inc.

CONTACT: Dan Gould of SHIFT Communications, for RedSeal Systems,
+1-415-591-8428, or dgould@shiftcomm.com

Web site: http://www.redsealsystems.com/

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