Xceedium Awarded Red Herring Top 100 Global Company
Award Recognizes the Top 100 Young, Privately Held Technology Companies in the World Based on Innovation, Performance and Management
Jersey City, NJ – Jan. 21, 2009 – Xceedium, the premier provider of entitlement management solutions that reduce the cost and complexity of controlling high-risk users, today announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies, first to 200 finalists, then to the top 100 winners of this global award. Evaluations were made on criteria such as financial performance, innovation, management, global strategy, and ecosystem integration. The announcement of the winners was made at the Red Herring Global 2008 event in San Diego from January 14-16, 2009.
"We were so pleased to announce Xceedium, Inc. as a Red Herring Top 100 Global Company," commented Red Herring publisher Alex Vieux. "Xceedium has proven to be a company excelling in the IT security space, and its ripples have turned into waves. It was difficult for us to narrow down, but we are pleased to have included Xceedium in our list of promising companies. We look forward to the changes it makes to its industry in the future."
This award reflects the innovation and market success of the Xceedium GateKeeper™, a hardened security appliance that centralizes and extends control of high-risk users beyond the application layer to all critical IT resources, enabling enforcement of policy, monitoring, logging, recording and comprehensive reporting of all user events for auditors. Enterprise and government clients rely on the Xceedium GateKeeper to balance implementation and validation of compliance controls with the need for operational efficiency.
"We are honored to win recognition as one of the 100 best young privately held companies in the world by a highly respected organization like Red Herring," said Cheryl Traverse, CEO at Xceedium. "This further validates that the market is increasingly aware of the dangers posed by high-risk users because of their skill and access to highly critical IT infrastructure. Companies value our innovative Xceedium entitlement management solution as a cost-effective way to control these users, satisfy audit and compliance requirements and maintain peak operational efficiency."
About Red Herring
Red Herring is a global media company, which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.
