SOURCE: Safend

Safend

February 23, 2010 09:00 ET

Safend Announces 35 Percent Revenue Growth for 2009 and Significantly Increases Customer Base

Endpoint Data Protection Leader Records Substantial Revenue Growth, Expands Solution Offering and Is Honored With Industry Awards

PHILADELPHIA, PA and TEL AVIV, ISRAEL and LUXEMBOURG--(Marketwire - February 23, 2010) -  Safend, a leading provider of endpoint data protection solutions, today announced impressive growth and momentum in 2009, including an over 35 percent increase in revenue and significant additions to its customer base, bringing the total to 2,000. The company also surpassed 2.5 million licenses in over 40 different countries around the globe.

"Safend continued to see success based on the strength of our complete solution offering and commitment to customer and partner satisfaction," said Gil Sever, Safend CEO. "2009 was a significant year for the company in which we introduced new products, increased our customer base around the world and won top ratings at product evaluations conducted by leading industry magazines. We continue to be dedicated to helping our customers protect their confidential data from any possible leakage or loss. We look forward to a rewarding 2010 for both Safend and its customers."

 "2009 was a great year for Safend in terms of customer adoption and software license sales," said Avishai Fishman, CFO of Safend. "Due to significant investments in U.S. and European operations, we were able to accomplish major business goals."

Product Development
Last year, Safend significantly advanced its Data Protection Suite by adding new content inspection and filtering solutions, Safend Inspector and Safend Discoverer

Safend Inspector enforces a data-centric security policy across multiple channels, including email, web (HTTP, HTTPS), FTP, external storage devices, CD/DVD burners, PDA devices, file repositories, print screen, local printers and network printers, without disrupting legitimate business processes or harming end user productivity.

Safend Discoverer helps indentify gaps in data protection and compliance initiatives, and provides insight into what policies should be implemented using other components of the Safend Data Protection Suite. This tool provides multiple data identification techniques which can be used individually or in combination to create actual data classifications.

The addition of Safend Inspector and Safend Discoverer in combination with the other Safend Data Protection Suite solutions, provide seamless, end-to-end data protection for the enterprise and provides a comprehensive solution for all the organization's data protection needs, with a single endpoint agent.

Industry Accolades
This past year, Safend received industry awards and global recognition and praise from several respected organizations, including the SC 5 Stars and Best Buy Award, Info Security Products Guide Tomorrow's Technology Today, Deloitte EMEA Fast 500 and the 2009 Frost and Sullivan European Technology Innovation Awards. In addition to the industry awards, the company was also named in Gartner's Magic Quadrant for Mobile Data Protection and was recognized by the Butler Group.

About Safend
Safend is a leading provider of endpoint data protection solutions that protect against corporate data loss by offering comprehensive products for data encryption and port and device control. The Safend Data Protection Suite encrypts internal and external hard drives, removable storage and CD/DVDs and provides granular control over all physical, wireless and removable media devices, ensuring compliance with regulatory data security and privacy standards. With more than 2,000 customers worldwide and 2.5 million licenses sold, Safend's solutions are deployed by multinational enterprises, government agencies and small to mid-size companies across the globe. For more information, visit www.safend.com.

Contact Information

  • Contact:
    Rebecca Parkhurst/Mike Sullivan
    PAN Communications
    978-474-1900
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