SOURCE: Safend


November 03, 2009 10:27 ET

Safend Named to the 2009 Israel Technology Fast 50

Ranked in the Top 10, Safend Is Recognized for Continued Growth and Innovative Security Solutions

PHILADELPHIA, PA and TEL AVIV, ISRAEL--(Marketwire - November 3, 2009) - Safend, a leading provider of endpoint data protection solutions, today announced that it was named Number 7 on the 2009 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel.

To determine the fastest growing companies, Deloitte reviewed fiscal year revenues over five years (2004-2008), calculated the revenue growth percentage over five years, and compared the growth of technology companies.

"We are pleased to be included in the 2009 Deloitte Israel Technology Fast 50 ranking," said Gil Sever, CEO of Safend. "Being ranked 7 out of 50 is a huge accomplishment. Safend's inclusion in the top 10 ranking reinforces our strategy and being recognized for corporate growth and revenue is especially significant during the recent economic situation we have all faced. We strive to offer our customers the most comprehensive data protection solutions available and look forward to expanding our capabilities to meet the always changing needs of the enterprise markets."

"We are proud to be included as a Fast 50 winner for the second year successively," said Avishai Fishman, CFO of Safend. "Safend has shown great growth over the past five years, showing a 1,632 percent growth rate. This proves that our approach to become a solution company and provide a full suite of solutions to protect several threats in the entire organization is paying off. We continue to increase our revenue and profitability side-by-side with our persistence to be the leading provider of endpoint data protection solutions."

Safend offers a suite of solutions that delivers complete visibility, control and protection of enterprise endpoints. Safend's Data Protection Suite allows for a productive environment without sacrificing security performance. The Suite features Safend Auditor, Safend Protector, Safend Encryptor and Safend Reporter, and is designed to offer an unprecedented level of enterprise data protection by combining data leakage technology with hard disk encryption, removable media encryption, and data analysis and reporting to ensure compliance with regulatory standards such as HIPAA, SOX, BASEL and PCI.

"Being one of the 50 fastest growing technology companies in Israel is an impressive accomplishment. We commend Safend for making the Deloitte Technology Fast 50 with a phenomenal 1,632 percent growth rate over five years," said Tal Chen, director in charge of the Deloitte Brightman Almagor Zohar Technology Fast 50 Program.

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 1,200 customers worldwide and 1.7 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

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