SOURCE: Ounce Labs

May 30, 2007 07:58 ET

Ounce Labs to Participate in TELUS Web Symposium on Web Application Security

Security Expert Jack Danahy to Discuss How to Protect Your Business From Application Vulnerabilities

WALTHAM, MA--(Marketwire - May 30, 2007) - Ounce Labs, the industry leader in application security risk management, today announced that the company's founder and Chief Technology Officer, Jack Danahy, has been invited to participate in a Web symposium on web application security sponsored by TELUS, a leading national telecommunications company in Canada.

The Web symposium will offer senior executives across multiple industries practical information to improve the security of their web-facing applications. Ounce Labs is the only company to be exclusively invited to participate in the symposium due in part to the Company's application security risk management solutions in helping companies protect confidential information from unintended disclosure.

The Web symposium will feature Jack Danahy, CTO and Founder of Ounce Labs, Inc., an expert in application security, and Dr. Richard Reiner, Chief Security and Technology Officer, TELUS Security Solutions, an internationally recognized authority on information and software security.

"Considering the increased frequency and success of attacks targeting vulnerable applications, it is clear that application vulnerability is today's biggest online threat," said Danahy. "As a rule, software is in an acceptably unknown state and organizations are looking to trusted partners like TELUS to help them understand and expose those issues. It will be educated software consumers that will drive a necessary revolution, bringing a new focus and responsibility for finding and fixing software vulnerabilities before they become major liabilities, and I am happy to help in any way with that education."

"As recent large-scale data breaches have shown, web sites and web-based applications can present a key business risk," said Reiner. "TELUS Security Solutions is proud to partner with Ounce Labs, a leader in software security, to help our customers assess their risk and take the necessary action to secure their web-based applications."

Ounce Labs offers the first vulnerability-assessment solution that enables enterprises to radically reduce the potential for security breaches by identifying, prioritizing and providing for remediation of application vulnerabilities across their entire IT infrastructure. These often-overlooked software vulnerabilities are what cyber criminals use to gain access to customer data and other confidential business information.

Details on the Web symposium include:

WHEN:   Friday, June 1, 2007
        11:30 a.m. - 12:30 p.m. EDT
         9:30 a.m. - 10:30 a.m. MDT
         8:30 a.m. -  9:30 a.m. PDT
WHERE: Register at http://promo.telus.com/cgi-bin/webinar_form.cgi

About TELUS

TELUS (TSX: T) (TSX: T.A) (NYSE: TU) is a leading national telecommunications company in Canada, with $8.8 billion of annual revenue and 10.8 million customer connections including 5.1 million wireless subscribers, 4.5 million wireline network access lines and 1.1 million Internet subscribers. TELUS provides a wide range of communications products and services including data, Internet protocol (IP), voice, entertainment and video. Committed to being Canada's premier corporate citizen, we give where we live. Since 2000, TELUS and our team members have contributed more than $91 million to charitable and non-profit organizations and volunteered more than 1.7 million hours of service to local communities. Eight TELUS Community Boards across Canada lead our local philanthropic initiatives.

About Ounce Labs, Inc.

Ounce Labs™ solutions enable organizations to identify, prioritize and eliminate business risk to the enterprise caused by software security vulnerabilities. With Ounce Labs, organizations strengthen application security, protect confidential information and verify compliance with both internal policies and industry mandates such as PCI, FISMA, HIPAA and others.

Ounce Labs' software analyzes application source code to provide the most complete and accurate analysis of application vulnerabilities and their relative priorities, enabling business users and IT professionals to optimize their resources on resolving the most critical issues.

Unique in its ability to scale across an organization's entire portfolio of applications, Ounce is used enterprise-wide by many of the world's most security-conscious organizations, including AT&T, EDS, IBM, Intel, Lockheed Martin, MFS, the U.S. Air Force, the U.S. Government Accountability Office, Unisys and VeriSign.

Led by senior executives with deep enterprise software and security expertise, Ounce Labs is headquartered in Waltham, Massachusetts, with regional offices throughout the U.S. For more information, please visit www.ouncelabs.com.

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