SOURCE: nuBridges, Inc.

December 16, 2008 09:30 ET

nuBridges Named to Georgia's Mid-Market Fast Forty

Atlanta-Based Technology Company Focuses on Business Fundamentals and Capitalizes on New Market Opportunities to Achieve Honor

ATLANTA, GA--(Marketwire - December 16, 2008) - nuBridges, a leading provider of software solutions for data protection and secure B2B business process integration, announced today that it has been named to Georgia Trend Magazine's Georgia's Mid-Market Fast Forty, a list of the fastest growing middle market businesses in Georgia. Common success factors among the finalists include a diversified customer base, solid financial position, commitment to quality service, employment growth and strategic acquisitions.

"nuBridges is proud to be included in the Fast 40, and proud of our track record of sustained growth in revenues and employment," said Paul Olson, nuBridges CEO and president. "Our approach is to combine conservative fiscal policies with a profitable core business and aggressive pursuit of emerging market opportunities."

The Georgia-based technology company cites an example of its ability to capitalize on new market opportunities. Data security mandates issued by credit card companies now require large retailers to meet specific technology requirements to protect the consumer credit card numbers they store and process. Recognizing an opportunity to leverage its core data protection expertise and technology, the Company introduced its nuBridges Protect™ software solution in 2005 to help retailers comply with the mandates. Today, nuBridges Protect secures millions of credit card numbers for many of the most prominent retailers in the United States and the market is now expanding to encompass the insurance, financial services and hospitality sectors, which also store and process large amounts of sensitive data.

"Our solutions address a vital business concern that impacts a wide range of industries -- protecting confidential consumer, employee and business information from theft and accidental loss, and securely sharing that information among trusted e-Business stakeholders," commented Olson. "We're optimistic about the future as we take our solutions to a broadening marketplace."

To be eligible for inclusion in the Georgia's Mid-Market Fast 40, companies had to have annual revenue between $15 million and $1 billion, be headquartered in Georgia and demonstrate positive employee and revenue growth over the past three years. Companies were rated based on a weighted growth rate; 75 percent toward revenue growth and 25 percent toward employee growth. Overall, the list-makers have a combined average growth rate of 94 percent.

According to Georgia Trend Magazine, the companies selected to Georgia's Mid-Market Fast forty "consistently focus on business fundamentals so they are not over-extended and can now utilize their strong balance sheets to acquire competitors if strategically advantageous to improve market share, new technology, or customer diversity."

Kip Plowman, partner-in-charge of Cherry, Bekaert & Holland's Atlanta office, sponsor of the Georgia's Mid-Market Fast Forty, said, "The leaders of these companies clearly maintain an optimistic outlook of continued growth and credit their success to industry specialization and motivated employees."

About nuBridges

nuBridges is a leading provider of software and managed services to protect sensitive data at rest and in transit, and to transfer data internally or externally with end-to-end security, control and visibility. nuBridges encryption, key management, managed file transfer and B2B integration solutions are used to comply with security mandates and to digitally integrate business processes among enterprises, systems, applications and people. Over 3,000 customers depend on nuBridges secure eBusiness solutions to encrypt millions of credit cards, exchange billions of dollars in B2B transactions and enable countless business-critical file transfers, including Wal-Mart, Amazon.com, Timberland, American Eagle Outfitters, Belk, Bon Ton, John Deere, Wachovia, Sun Trust, AIG, CheckFree, Bank of America and Verizon. nuBridges is headquartered in Atlanta, Georgia, USA. More information is available at www.nubridges.com.

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