SOURCE: Exobox Technologies Corp

Exobox Technologies Corp

April 20, 2010 16:23 ET

Exobox Named "Cool Vendor" by Leading Analyst Firm

Vendors Selected for the "Cool Vendor" Report Are Innovative, Impactful and Intriguing

HOUSTON, TX--(Marketwire - April 20, 2010) - Exobox Technologies Corp. (OTCBB: EXBX), a leading provider of Data Loss Detection solutions, today announced it has been included in the list of "Cool Vendors" in the Cool Vendors in Cloud Security Services, 2010(1) report by Gartner, Inc.

The report presents findings such as "The demand for flexible, responsive security solutions continues to drive intense interest in cloud-based security service offerings, especially for cost-constrained enterprises that lack the resources to implement software solutions themselves." and that "Cloud-based security service offerings are evolving rapidly to meet the challenges of emerging threats, such as those presented by social media, the need to protect intellectual property rights, and rigorous security requirements for confidential or otherwise sensitive data."

"We are extremely pleased about this industry recognition from Gartner," said Floyd H. Griffith, CEO of Exobox. "Being designated a 'Cool Vendor' by a leading analyst firm reflects our continued commitment to develop industry-leading technologies for security and risk management. We look forward to bringing other new and innovative technologies to the market." 

About Exobox
Exobox Technologies Corp. develops information risk management and security solutions that help organizations protect and recover their most valuable information assets. It is committed to its vision to create a more secure environment for the information-centric community through the development of new technologies and security services. Exobox is headquartered in Houston, Texas. For more information on Exobox, visit www.exobox.com.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding and others set forth in the Company's report on Form 10-K for fiscal year 2009 filed with the Securities and Exchange Commission.

Cool Vendor Disclaimer
About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

(1) Gartner "Cool Vendors in Cloud Security Services, 2010" by Ray Wagner, John Girard, Earl Perkins, John Pescatore 14 April, 2010.