Vericept Data Loss Prevention Solution Named as Finalist for the 2007 MITX Technology Awards
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BOSTON, May 15 -- Vericept, a leading provider of information leakage prevention solutions to maintain compliance, defend customer data, and protect intellectual property announced today that it has been named a finalist for the 4th Annual MITX Technology Awards. The MITX What's Next Forum & Technology Awards recognize innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving these advancements. The Massachusetts Innovation & Technology Exchange (MITX) is the region's premier association for thought leadership, technology trends, business networking, and professional training and development.
Vericept's Data Loss Prevention Solution mitigates internal risk by providing enterprise-wide discovery, classification and prevention of the information exchanged inside and outside an organization. Vericept's detection technology discovers 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.
"We are honored that we have been recognized as a finalist in the 2007 MITX Awards and believe it is a testament to the value that Vericept's products bring to the marketplace," said Dave Parkinson, President and CEO of Vericept Corporation. "This recognition further validates our ongoing efforts to develop market leading technology designed to provide customers with a complete and comprehensive solution for preventing data loss."
"The regional economy is showing real strength, and it's in no small part due to the resurgence in the technology sector and the innovation that fuels so much of the growth," said Kiki Mills, Executive Director of MITX. "The MITX Technology Awards are a wonderful opportunity to recognize the companies that are leading the way and to celebrate their accomplishments and that of the entire technology community."
Vericept will be recognized with the other finalists in the data management category at an awards ceremony attended by the region's top technology and business professionals. Winners will be announced at the ceremony at the Four Seasons Hotel in Boston on Tuesday, June 5, 2007. This year's keynote speaker and special honoree is Tim Berners-Lee, director of the World Wide Web Consortium.
The ceremony is preceded by the What's Next Forum. The topic, What's Next for The Device Web - Emerging User Experiences, will be a forward-looking discussion about the exciting new world that will provide consumers with a range of new, very rich experiences.
The MITX What's Next Forum & Technology Awards are sponsored by Backbone Media, Lewis PR, Microsoft, Oracle and Technology Review.
About Vericept
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.
About MITX
Established in 1996, MITX - the Massachusetts Innovation & Technology Exchange (MITX: "my-techs") is the industry and professional organization where technology, marketing and digital media intersect. Reaching more than 6,000 professionals in New England, MITX is a dynamic and growing community for thought leadership, building business relationships and professional training and development. Members of the MITX community take advantage of events, sponsorships, speaking opportunities and networking to make meaningful business connections and exchange innovative leadership, management and technical ideas. With more than 60 events each year, MITX provides its members with the opportunity to promote their companies to targeted audiences. MITX events also provide a valuable forum for networking to source potential business leads, partnerships, ideas, funding and other likeminded peers in the industry. MITX is headquartered in Cambridge. For more information please go to www.mitx.org
Source: Vericept Corporation
CONTACT: Amy Goodman of MITX, +1-617-871-2155 x203, amy@mitx.org; or Nina Piccinini of Vericept Corporation, +1-303-268-0531, nina.piccinini@vericept.com
Web site: www.mitx.org/
Web site: http://www.vericept.com/
