SOURCE: Voltage Security

May 11, 2005 15:01 ET

Voltage Security Selected as a Red Herring Top 100 company

Voltage's Breakthrough Solutions for Enterprise Privacy Management Recognized for Innovation and Success by Red Herring Editors

BELMONT, CA -- (MARKET WIRE) -- May 11, 2005 -- Voltage Security, (www.voltage.com), a global leader in enterprise privacy management, today announced that it has been named one of the Red Herring 100 Private Companies of North America.

"Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof," said Red Herring editor-in-chief Joel Dreyfuss.

"Voltage Security's enterprise privacy management solutions lead the way for financial, healthcare, pharmaceutical and government customers to manage the privacy of information flowing into and out of their organizations," said Sathvik Krishnamurthy, president and CEO of Voltage Security. "Compliance regulations and the impact of privacy breaches are driving companies to put in place solutions for policy-based secure business communication that are easy to use and manage -- especially for end users."

Voltage Security products and services feature breakthrough technology called Identity-Based Encryption (http://www.voltage.com/technology/ibe.htm) or IBE. IBE greatly simplifies the process of protecting private digital communications by using a common identity, such as an email address, as a public key. Unlike traditional PKI encryption systems, with IBE, no certificates need to be managed and no pre-enrollment in the system is required. Voltage solutions typically require no end-user training, can be easily managed by central administration and can provide policy-based encryption from the "edge of the network" for a totally automated solution.

Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California.

About Red Herring Spring

Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed "The Dynamics of Disruptions," Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring.

About Red Herring

Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.

About Voltage Security

Voltage Security, Inc. provides the market-leading Voltage Enterprise Privacy Management Platform, a breakthrough foundation for securing information flowing inside and outside an organization. Based on a revolutionary mathematical breakthrough called IBE, or Identity-Based Encryption, the Voltage Enterprise Privacy Management Platform greatly simplifies the use and administration of traditional security systems. Voltage Security markets its own enterprise solutions including the Voltage IBE Gateway™, Voltage SecureMail™ and Voltage SecureFile™, and partners with other leading companies such as FrontBridge and CipherTrust to serve the expanded security needs of the enterprise. Third-party and corporate developers can secure customer applications with the Voltage IBE Toolkit™. Voltage Security customers include leading corporations and governmental agencies from around the globe including Waterfield Mortgage, QVC Japan, NTT and Hitachi. For more information please visit http://www.voltage.com.

Voltage SecureMail, Voltage SecureFile, Voltage SecurePolicy Suite, Voltage IBE Gateway Server and Voltage IBE Toolkit are all either trademarks or registered trademarks of Voltage Security, Inc. All other product names and trademarks are the property of their respective owner.

Contact Information

  • Contact:
    For Voltage Security:
    Julie McHenry
    Communication Insight, LLC
    jmchenry@comminsight.com
    +1 (650) 504-6655

    or

    Wasim Ahmad
    Vice President of Marketing
    Voltage Security, Inc.
    wasim@voltage.com
    +1 (415) 279-4594