Veracode Is Excellence Award Finalist in 2008 SC Magazine Awards Program

BURLINGTON, MA--(Marketwire - December 21, 2007) - Veracode Inc., the leading provider of on-demand application security testing solutions, today announced that it has been recognized as a finalist in the SC Magazine Awards program for outstanding achievement in IT security. Veracode was named a finalist in the Excellence Award Rookie Security Company of the Year category.

"SC Magazine's distinguished panel of award judges have recognized Veracode's leadership and contributions to the world of IT security," said SC Magazine Editor-in-Chief Illena Armstrong. "Our judges recognize that Veracode and these companies provide businesses with the best tools in the industry to fight the battle for a more secure enterprise."

The annual SC Magazine Awards have recognized security's key contributors and outstanding products for more than a decade. As the industry's preeminent award program, individuals, brands and products shortlisted address not only the challenges prominent today, but also the emerging threat landscape of tomorrow.

"Veracode is honored to receive this nomination from SC Magazine's editorial panel of judges," said Matt Moynahan, CEO of Veracode. "This recognition demonstrates Veracode's role in taking application security mainstream and making it easy and cost-effective for companies to write more secure code and assess third-party risk."

Winners will be announced at an exclusive awards event to be held in San Francisco on April 8, 2008.

About SC Magazine

SC Magazine provides IT security professionals with in-depth and unbiased information through timely news, comprehensive analysis, cutting-edge features, contributions from thought leaders and the best, most extensive collection of product reviews in the business. By offering a consolidated view of IT security through independent product tests and well-researched editorial content that provides the contextual backdrop for how these IT security tools will address larger demands put on businesses today, SC Magazine enables IT security pros to make the right security decisions for their companies. The brand's portfolio includes the SC Magazine Awards, SC Directory, SC Magazine Newswire and SC Magazine IT Security Executives Forums.

About Veracode

Veracode is the leading provider of on-demand application security testing solutions. Created by a world-class team of application security experts, the company delivers services to identify software flaws introduced through coding errors or malicious intent. Veracode's core service, SecurityReview uses patented binary code analysis and dynamic web analysis that is uniquely able to inspect entire application inventories, including components, and does not require companies to expose their valuable source code. Enterprises can now protect their intellectual property while preventing attacks allowed by vulnerabilities in applications.

As the most accurate and comprehensive solution, Veracode makes it simple and cost-effective to implement application security best practices and reduce operational costs related to manual reviews. Whether a company is developing applications internally, purchasing software or integrating code from partners, Veracode's SecurityReview provides insight to the security level of your applications. Outsourcing code analysis to Veracode is the easiest way to secure your software. With a pragmatic approach to application security, Veracode helps you fix what matters most to your business.

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

Contact Information: Contact: Rachel Labas Lois Paul & Partners 781.782.5787 rachel_labas@lpp.com