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ELEMENTAL SELECTED BY ALWAYSON AS TOP 100 PRIVATE COMPANY AWARD WINNER
Security Compliance Management Provider Chosen from Field of More Than 1,000 Companies for its Leading Market Traction, Innovation and Game-Changing Approach
SAN MATEO, Calif. - June 28, 2005 - Elemental Security, Inc. T, a company pioneering new technology in enterprise information security, today announced it has been chosen by AlwaysOn as one of the Top 100 Private Company Award winners. The AlwaysOn editorial team handpicked Elemental as an award winner based on a set of five criteria - innovation, market potential, customer adoption, media buzz and investor value creation.
The AlwaysOn 100 (AO 100) was selected from more than 1,000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The AO 100 consists of private companies at all stages of development, from early to late stage.
Elemental delivers the world's only product that unifies policy management, host configuration and network access control in one seamlessly integrated offering. For the first time, enterprises can easily express cross-platform security policies that affect individual computers and their behavior on the network, gather meaningful up-to-date information to compare to established metrics, and selectively enforce policies across a diverse, dynamic environment. Security compliance has become a top priority for enterprises due to pressures from increasing frequency and severity of security breaches, and from regulations such as Sarbanes-Oxley (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).
"The AO 100 companies are shaping today's web-driven, connected environment," said Tony Perkins, founder and editor of AlwaysOn. "We were inundated with nominations from leading companies, many of which I hope will appear on our list next year. My congratulations to each AO 100 winner - these are the companies which we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year."
"We are pleased to be recognized as a leader among the top private companies of today, and to be selected to AlwaysOn's Top 100 list," said Elemental CEO Peter Watkins. "Elemental continues to generate significant industry and enterprise interest. We provide visibility into enterprises' ever-changing computing environments, addressing increasing security and compliance issues, in a manner that has not been done before. It's exciting to see continued industry validation of our efforts, and Elemental's policy-based security solution."
The AO 100 will be honored at the AO2005: Innovation Summit at a VIP reception at 5 pm on July 19 at the Frances C. Arrillaga Alumni Center on the Stanford University campus in Palo Alto, Calif.
About AlwaysOn
AlwaysOn (AO) is transforming the communication business with its online blogging network, establishing it as a leader in the Open Media revolution. Borrowing from the underground traditions of blogging and social networking, AlwaysOn ( http://www.alwayson-network.com/) was launched in 2003. Today, AO's annual Summit @ Stanford and OnHollywood events, print "blogozine" and online services encourage direct collaboration between global thought leaders and technology insiders. No other media brand has dared to allow such openness among its readers and participants. AlwaysOn, LLC, is a privately held and virtually headquartered company born out of the heart of Silicon Valley.
About Elemental
Elemental Security is a pioneer in the Security Compliance Management market. Elemental's products address enterprises' need to centrally manage the security compliance of all computers in their environments. Elemental provides unified visibility and control to manage dynamic computing environments, enabling enterprises to satisfy compliance requirements and measurably improve their security. Founded in December 2002, Elemental is a privately held company backed by Bessemer Venture Partners, Mayfield, Sequoia Capital and Lehman Brothers Venture Partners. The company is headquartered in San Mateo, Calif., and has offices throughout the U.S. Go to http://www.elementalsecurity.com for more information.
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Elemental and the Elemental Compliance System are trademarks of Elemental Security, Inc.