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BURLINGTON, Mass., 28 April, 2008 – Veracode, provider of on-demand application security testing solutions, announced today that it has been the recipient of two 2008 SC Magazine Europe awards which recognize excellence in the information security industry. Veracode’s SecurityReview®, the first application security testing solution available as an on-demand service, was the winner in the Best Vulnerability Assessment Solution category. Veracode was also honoured to receive the SC Innovation Award for technology innovation in the IT security industry.

Now in its thirteenth year, these highly acclaimed and prestigious awards are designed to reward excellence and innovation in the IT security industry. Veracode and its SecurityReview service were among more than 300 entries submitted for the SC Magazine Awards Europe. The panel of judges included chief security officers as well as high level IT security executives. Veracode was presented with these accolades at the SC Magazine Awards gala dinner on Tuesday 22 April, 2008 at the Hurlingham Club in London.

“Veracode is the first company to address the application security challenge in two unique ways – by offering application security audits as a service and by inspecting application code at the same level at which it is attacked – namely the binaries,” said Matt Moynahan, CEO of Veracode. “It’s very gratifying to receive these awards because they not only validate our innovative approach to application security but also underscore the strides we are making to reduce our customers’ application security risk.”

Of the awards themselves, SC Magazine Editor Paul Fisher commented, "Tonight was fantastic. Our winners were chosen from some truly outstanding finalists. The judges had a tough time choosing the eventual winners. The industry is in great health."

About SC Magazine

SC Magazine is an unrivalled intelligence source for information security and risk professionals. Its readership includes FTSE 100 CISOs and CSOs who are relied upon to protect their businesses from the wide-ranging data threats that exist in the world today. Each issue of the magazine includes news and threat analysis, stats, features on the security issues that matter, and insightful columns from industry experts. The SC Interview, carried in every issue, profiles the key thinkers in information security, including the CEOs of the leading IT security vendors. Unique in its sector, SC also publishes comprehensive product reviews and group tests of IT hardware and software. SC is indispensable for anyone with an interest in information security and protecting their business.
For more information about the awards, see http://www.scmagazine.com/uk/awards/

About Veracode

Veracode is the world’s leader for on-demand application security testing solutions. Veracode SecurityReview is the industry’s first solution to use patented binary code analysis and dynamic web analysis to uniquely assess any application security threats including vulnerabilities and malicious code. SecurityReview performs the only complete and independent security audit across any internally developed applications, third-party commercial off-the-shelf software and offshore code without exposing a company’s source code. Delivered as an on-demand service, Veracode delivers the simplest and most-cost effective way to implement security best practices, reduce operational cost and achieve compliance without requiring any hardware, software or training.

Veracode has established a position as the market visionary and leader with awards that include recognition as a Gartner ‘Cool Vendor’ 2008, Info Security Product Guide’s “Tomorrow’s Technology Today Award 2008,” Information Security’s “Readers’ Choice Award 2008,” AlwaysOn Northeast’s “Top 100 Private Company 2008,” NetworkWorld “Top 10 Security Company to Watch 2007,” and Dark Reading’s “Top 10 Hot Security Startups 2007.”

Based in Burlington, Mass., Veracode is backed by .406 Ventures, Atlas Venture and Polaris Venture Partners.

For more information:

Jane Folwell
Folwell PR
Tel: 01344 845132
Mob tel: 07950 033370
Email: jane@folwellpr.co.uk



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