SOURCE: Alert Logic

Alert Logic | Managed IT Security, Compliance Automation

October 21, 2010 08:00 ET

Alert Logic Ranked 146th Fastest Growing Company in North America on Deloitte's 2010 Technology Fast 500™

Attributes Its 700% Revenue Growth to Strong Demand for Network Security and Compliance Solutions via the Cloud

HOUSTON, TX--(Marketwire - October 21, 2010) - Alert Logic, the leading provider of log management, intrusion detection and cloud security solutions for enterprises and service providers, today announced that it ranked number 146 on Technology Fast 500™, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005-2009. Alert Logic grew 700 percent during this period.

Alert Logic's chief executive officer, Gray Hall, credits the company's cloud-based delivery model that offers affordable compliance and network security solutions with the company's strong, consistent revenue growth. Hall said, "More and more companies are interested in leveraging the full benefits of cloud computing and are turning to hosting companies and service providers for infrastructure services. We designed our company, our software and our go-to-market model to take advantage of this trend. As a result, service providers can quickly integrate our network security and compliance services into their managed services portfolios."

"Alert Logic and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth," said Phil Asmundson, vice chairman and Deloitte's U.S. technology, media and telecommunications leader. "Deloitte commends Alert Logic for this impressive accomplishment."

"Alert Logic has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™," said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit www.fast500.com.

About Alert Logic
Alert Logic delivers cloud-powered, managed solutions for IT security and compliance by combining patented technology and 24x7 monitoring by certified analysts. With over 1,000 enterprise customers, serviced directly by Alert Logic or through an IT service provider partner, Alert Logic's Threat Manager and Log Manager provide the best of intrusion detection, network vulnerability assessment, log management and security monitoring. Alert Logic enables users to improve their security posture and comply with regulations and mandates without any capital expense, internal IT resources or protracted implementation times. Alert Logic is based in Houston, TX and was founded in 2002. For more information, please visit http://www.alertlogic.com.

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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