SOURCE: Network Chemistry

May 22, 2006 08:00 ET

Network Chemistry Named a Red Herring 100 Winner

Award Recognizes the 100 North American Private Technology Firms Driving the Future of Technology

REDWOOD CITY, CA -- (MARKET WIRE) -- May 22, 2006 -- Network Chemistry, the wireless security experts, today announced that it has been selected by Red Herring magazine as a winner of the annual "Red Herring 100 North America" award. This list of 100 privately held companies in North America recognizes those that play a leading role in innovating the technology business. To view the full list, please visit www.redherring.com.

As one of the winners, T. Paul Thomas, CEO of Network Chemistry, will present the company at the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where a select group of 300 technology entrepreneurs, investors, and corporate developers will gather to be the first to meet this next wave of disruptive technology companies.

Disruptive technologies and business plans

"With venture capital flowing again, we're seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans," said Joel Dreyfuss, Editor-in-Chief of Red Herring. "The Red Herring 100 North America companies, among them Network Chemistry, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories."

"Being recognized as a Red Herring 100 Winner affirms our leadership position in wireless security and acknowledges the strong market demand for our award-winning RFprotect solutions," said T. Paul Thomas, CEO of Network Chemistry. "Attacks on wireless networks, mobile laptops, and devices, as well as breaches of 'no wireless' policies, are quick and easy ways for hackers to compromise networks and for employees to jeopardize the security of confidential data. Network Chemistry sets the industry standard for delivering solutions to secure the mobile enterprise, and our award-winning RFprotect™ products are trusted by leading enterprises and government agencies worldwide."

Network Chemistry's patent-pending technology and RFprotect family of products provide a complete wireless threat protection solution that seamlessly integrates with enterprise network, WLAN, and security systems. RFprotect Distributed is a 24/7 wireless monitoring and intrusion prevention system for protecting against wireless threats in and around enterprise facilities. RFprotect Endpoint protects mobile devices on the road by actively enforcing policy to thwart threats and prohibit risky wireless configurations. RFprotect Scanner provides powerful, network-based vulnerability management focused on rogue wireless device detection and remediation. RFprotect Mobile is a portable laptop-based analyzer for automating site surveys, security assessments, and incident response.

More than just buzz

Red Herring's lists of top private companies are an important part of the renowned magazine's tradition of identifying new and innovative technology firms and entrepreneurs. Red Herring editors spotted companies such as Google and eBay in their early days as enterprises that would change the way we live and work.

After receiving more than 1,000 submissions and nominations, Red Herring's editorial staff rigorously evaluated Network Chemistry and the other contenders through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.

Honoring the best

To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology's most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore "The Pursuit of Disruption" and how it spawns unexpected opportunities, novel alliances, and great success stories.

About Network Chemistry

Network Chemistry is the industry standard for securing the mobile enterprise. The world's most successful enterprises and demanding government agencies trust Network Chemistry's wireless security solutions to prevent attacks, detect vulnerabilities, intrusions and policy violations, accelerate incident response, and conduct surveys for wireless LAN deployment planning. Network Chemistry has received numerous accolades, including being recognized as a Red Herring 100 company, receiving the top score in SC Magazine's "Wireless Security Group Test," as well as its "Global Award," and "5 Star Winner" honors; Network Computing's "Best Value," for two consecutive years; and 802.11 Planet's "Best of Show." The company is headquartered in Redwood City, California. For more information, visit www.networkchemistry.com or call 1-888-952-6477.

About Red Herring Spring 2006

Red Herring Spring 2006 will assemble 300 of the continent's most innovative and successful CEOs, investors, and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed "The Pursuit of Disruption," it will be held May 23-25 in Monterey, California. Please contact Michael Felber at 650.428.2900 or email mfelber@redherring.com to request an invitation to attend the event. More information is available online at www.herringevents.com/rhspring06.

About Red Herring Magazine

Red Herring magazine is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring's journalists report on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.

All product and company names herein are trademarks of their respective owners.

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