SOURCE: Safend

Safend

October 20, 2010 09:00 ET

Safend Named to the 2010 Israel Technology Fast 50

Ranked in the Top 5, Safend Is Recognized for Continued Growth and Innovative Security Solutions

PHILADELPHIA, PA and TEL AVIV, ISRAEL--(Marketwire - October 20, 2010) -  Safend, a leading provider of endpoint data protection solutions, today announced that they were named No. 5 on the 2010 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 (2005-2009), calculated the revenue growth percentage over five years, and compared it to the growth of other participating technology companies.

"We are pleased to be included once again in the 2010 Deloitte Israel Technology Fast 50 ranking," said Gil Sever, chief executive officer of Safend. "Being ranked consistently in the top 10 is a huge accomplishment. The achievement reinforces our strategy and being recognized for consistent corporate growth for the third time is a great indication for us and our customers and partners. 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 third year in a row," said Avishai Fishman, chief financial officer of Safend. "Safend has shown great growth over the past five years, showing a 1,958 percent growth rate. This further validates our approach to providing a full suite of solutions that protect against the many threats facing organizations today. We continue to increase our revenue and profitability side-by-side with our persistence to be the leading provider of endpoint data protection solutions."

"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 1,958 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, guarding against data loss and theft. Safend encrypts internal hard drives, removable storage and CD/DVDs and provides granular port and device control over all physical and wireless ports. Safend maps sensitive data and controls data flow through email, Web, external devices and additional channels. With more than 2,200 customers worldwide and 2.6 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:
    Mike Sullivan/Matthew Briggs
    978-474-1900
    Email Contact

    Eden Dvir
    Marketing & Business Development
    Technology Media & Telecommunications (TMT)
    Deloitte Brightman Almagor Zohar
    Direct: +972 (3) 608 5569
    Fax: +972 (3) 6094027
    Email Contact
    www.deloitte.co.il