July 29, 2009
Cenzic
Thwarting a Down Economy, Cenzic Announces Record Growth, Continues Leadership in the Web Application Security Assessment Market
Impressive Growth, Increased Customer Adoption, Industry Accolades and Technology Innovations Among Highlights
Cenzic Inc., the leading provider of Web application vulnerability assessment and risk management solutions, today announced completion of its seventeenth quarter of consecutive revenue growth and the doubling of its customer base from last year. Cenzic continues to build strong momentum in 2009 with recent update releases to its cloud-delivered Web application security solution (ClickToSecure) as well as software (Hailstorm Enterprise ARC) offerings aimed at both the enterprise and the SMB markets. It is evident that Cenzic is positioned for continued success throughout 2009, as current economic conditions lead to an increase in cybercrime, which is driving strong demand for security software.
In part, this market leadership can be attributed to Cenzic's relentless commitment to innovation and staying ahead of industry trends. The company recently released ClickToSecure® 6.0 and Cenzic Hailstorm Enterprise ARC® 6.0, new versions of its flagship products that add to both its cloud-delivered and on premise software offerings. Additionally, Cenzic continues to expand the SmartAttack(TM) Library, with weekly updates for newly identified security threats to its coverage, as well as adding the ability to provide reporting and vulnerability correlations with U.S. Government's CVE and CWE standards. Cenzic's patented technology, cross-licensed earlier in the year with IBM, is the most innovative solution in the industry. Cenzic is also the only solution to assess Web applications across the entire Software Development Lifecycle (SDLC) including deployed applications in production.
'We're excited by our achievements over the first half of the year,' said John Weinschenk, CEO of Cenzic. 'The strong quarters, coupled with the addition of new customers and innovative product releases clearly demonstrates our ability and commitment to leading the Web application security market. Cenzic's recent product releases around cloud-delivered and on-premise security have allowed the company to keep pace with timely security needs, while providing customers the flexibility they need, especially in today's budget-constrained world, to do more with less. This has allowed us to offer options for enterprises of all sizes, from small and medium-sized businesses to large corporations.'
Customer growth doubled with the addition of many large and small companies using either Cenzic's software or service solution, and the company bolstered its Web application security solutions through strategic relationships and integrations with industry leaders including Armorize, Scitum, Imperva, and Rational ClearQuest. In addition, thought leadership efforts continue through the support of organizations such as OWASP and SANS, and in keeping its momentum for giving back to the community, Cenzic continues its No Website Left Behind(TM) program with free offerings for University computer science programs and to charities. Cenzic publishes its popular Trends Report revealing the most prominent types of Web application vulnerabilities and overall trends within the market. The Cenzic Web Application Security MythBusters podcast series also featured many prominent industry heavyweights including Carlos Solari, former CIO of Whitehouse, Jerry Dixon, Former Head of Cyber Security at the Department of Homeland Se
curity, Marcus Sachs, Executive Director of Government Affairs for National Security Policy at Verizon, among others.
Cenzic has continued to make strides as the industry leader with accolades for its Web application security suite. In May, InfoSecurity Products Guide, a leading publication on security-related products and technologies, named Cenzic ClickToSecure®, winner of the 2009 Tomorrow's Technology Today Award in the managed security service category. In March, Cenzic received the 2009 Network Products Hot Companies award for Hailstorm Enterprise ARC, as well as its SaaS offering ClickToSecure ARC.
Cenzic will be exhibiting at the Black Hat conference in Las Vegas from July 28th through July 30th.
About Cenzic
Cenzic is the next-generation Web application security assessment and risk management solutions leader. The Cenzic suite of application security solutions fits the need of any company from remote, Cloud Computing (ClickToSecure®), for testing one or more applications, to a full enterprise-wide solution (Cenzic Hailstorm® Enterprise ARC) for effectively managing application security risks across an enterprise. Always an innovator, Cenzic has integrated Hailstorm with VMware to enable testing of production Web applications through virtualization -- making Cenzic the only company in the industry with a complete solution for assessing Web applications in all stages from development to production. In addition, Cenzic solutions, targeted at financial services, e-retail, high-tech, energy, healthcare and government sectors, are the most accurate, comprehensive and extensible in the industry, empowering organizations to stay on top of unrelenting application security threats.
Contact:
Tami Casey
Kulesa Faul for Cenzic
(650) 340-1984
Email Contact