Vericept Receives Impact Award for Best Overall Solution at the 2007 MITX Technology Awards
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4th Annual Awards Honor Technology Innovation in New England
BOSTON, June 12 /-- Vericept Corporation, a leading provider of information leakage prevention solutions to maintain compliance, defend customer data and protect intellectual property, announced today that they were awarded an Impact Award for Best Overall Solution at the 2007 MITX Technology Awards. The MITX Technology Awards, presented by the Massachusetts Innovation & Technology Exchange, recognize innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving those advancements.
"We have been extremely impressed with the breadth and quality of the nominations this year. They show incredible innovation across a variety of sectors and highlight the vitality of our local technology community," said Kiki Mills, Executive Director of MITX. "As we continue to enjoy a surge in technology investments in New England, we are proud to showcase the contributions our community is making to global technology development."
The Impact Award for innovative technology is awarded to a technology that has had a significant impact by creating an innovative overall solution in delivering the technology. The best overall solution Impact Award recognizes a company whose innovative technology has made a significant impact on the entire industry. Vericept's Data Loss Prevention solution exemplifies this by helping organizations mitigate one of the fastest growing Internet security threats -- data loss.
Vericept is the only data loss prevention company that provides organizations with a comprehensive solution that defines, identifies and enforces sensitive information in motion, at rest and in use. Vericept's unparalleled detection technologies automatically discover sensitive information based on company policy while business operations continue in real-time. After discovery, Vericept classifies and protects critical information against unauthorized distribution even when modified or reformatted. The Vericept solution allows companies to mitigate violations of regulatory compliance, intellectual property loss and customer data loss, whether malicious or inadvertent.
"This recognition validates the innovation and dedication to our product line, and we are honored to receive this award from MITX," said Dave Parkinson, President and CEO of Vericept Corporation. "Our Data Loss Prevention solutions lead the market in helping organizations to demonstrate and streamline compliance, detect and prevent the leakage of Customer Data and prevent the leakage of digital assets. We are extremely committed to delivering the best solution in the marketplace for protecting today's businesses against any and all forms of data loss."
More than 200 of the region's top technology and business professionals attended the MITX Awards ceremony. The event also included a keynote address by Tim Berners-Lee, director of the World Wide Web Consortium (W3C), who was inducted into the MITX Innovation Hall of Fame last night, as well as a panel forum on "What's Next for the Device Web -- Emerging User Experiences." The 2007 MITX Technology Award sponsors were Adobe, Backbone Media, Inc., Lewis PR, Microsoft, Oracle and Technology Review, Inc.
About Vericept Corporation
Vericept Corporation is the leading provider of comprehensive compliance and data loss prevention solutions. Vericept mitigates internal risk by providing enterprise-wide discovery, classification and prevention of the information exchanged inside and outside an organization. Vericept's patent- pending classification suite delivers the highest degree of accuracy and lowest instance of false positive events available in the marketplace. Only Vericept offers comprehensive solutions for data at rest, data in motion, and data in use at the endpoint, providing visibility and control of sensitive data across all forms of traffic, including email, webmail, IM, P2P, and FTP. Vericept's technology is deployed in over 750 organizations worldwide and protects billions of pieces of communication every day. Vericept is a privately held company with major operations in Waltham, MA and Denver, CO.
For additional information, please visit the company's Web site at www.vericept.com/ or call 800.262.0274.
About MITX (http://www.mitx.org/)
Established in 1996, MITX-the Massachusetts Innovation & Technology Exchange (MITX: "my-techs") is the leading trade association focused squarely on the intersection of digital technology, marketing and media. Reaching more than 6,000 professionals in New England, MITX is a dynamic and growing community for making meaningful business connections and exchanging innovative ideas. Members of the MITX community take advantage of professional and business development and marketing opportunities, including award recognition programs, sponsorships, speaking opportunities, networking and more than 60 events each year.
Source: Vericept Corporation
CONTACT: Nina Piccinini of Vericept Corporation, +1-303-268-0531, nina.piccinini@vericept.com; or Amy Goodman of MITX, +1-617-871-2155, x203, amy@mitx.org
Web site: www.vericept.com/
http://www.mitx.org/
