GUARDIANEDGE POSTS RECORD QUARTER FOR ENTERPRISE DATA PROTECTION SOFTWARE

Top Tier Customers, Significant Channel Growth and Increased Momentum Put GuardianEdge in Leadership Position for Enterprise Data Protection

SAN FRANCISCO – October 23, 2007 - GuardianEdge, the leading provider of endpoint data protection for enterprises and government agencies, today announced that it posted a record quarter for software revenues in the third quarter of fiscal year 2007, ending Sept 30th. Additionally, the company maintained significant growth by increasing its revenue by 50% over the first three quarters in 2006. This success is based on an increasing demand for the GuardianEdge suite of centrally-managed endpoint data protection solutions from enterprise organizations and government agencies including customers in financial services, manufacturing, education, healthcare, insurance, consumer online, federal, state and local agencies and more.

GuardianEdge has secured multiple brand-name customers across virtually every major industry. A few examples include:

  • Federal: three of the largest U.S. federal agencies each with over 100,000 seats, including the Department of Energy
  • Consumer and online:  America Online
  • Healthcare: Providence Health & Services, Scripps Health, Group Health Cooperative, the University of Pittsburgh Medical Center, North Oaks Health System and Oakwood Healthcare
  • Financial Services: two of the top–five North American insurance providers, two of the largest banks on Wall Street, Lincoln Financial, Members 1st Credit Federal Credit Union, and Vancity, Canada's largest credit union, with $12.3 billion in assets, 363,000 members, and 57 branches
  • State & Local Departments: the California Department of Health, a 10,000-employee leader in California state health services, and the County of San Diego
  • Manufacturing and distribution:  leading companies such as FMC, Atmos Energy, the largest pure natural gas distributor in the United States, Anixter International, the world’s leading distributor of communication products, electrical and electronic wire & cable.

“The growth and business success of our company over the last several quarters is a result of an intense focus on building out our portfolio of leading edge data protection solutions, developing the right team to execute our vision and sticking to the things that matter including customer service and our financials,” said Alan Fudge, chief executive officer for GuardianEdge. “We are placing a heavy emphasis on increasing distribution channel and international revenues.”

As major proof of the company’s outstanding financial performance and solid execution, the company was highlighted in the Gartner Group’s Magic Quadrant™ as the most improved vendor in the industry and recently announced that over the past year it has experienced a record channel revenue growth of more than 150 percent. To date, GuardianEdge has one of the strongest customer portfolios and product suites in the industry.

“Our top priority at Lincoln Financial Group has always been to provide the highest protection for our customer data. We took a hard look at data loss risk three years before news stories of lost data were commonplace,” said Pat Lefemine, Chief Information Security Officer, Lincoln Financial Group.  “With the support of our senior business leaders, we committed to whole disk encryption on all our laptops and field office computers. That decision three years ago has paid for itself many times over by saved notification costs, brand reputation, and by living up to our customer promise of protecting their identity and confidential information. GuardianEdge was the solution we chose then, and they remain our solution today. We’ve been very happy with their product.”

“With GuardianEdge installed on all of our notebook PCs, we have an invaluable asset for mitigating the risk of proprietary data loss for our mobile workforce,” said Joe Rumpler, IT shareholder, Clark, Schaefer, Hackett & Co.  “The Active Directory Integration and Centralized Management capabilities of GuardianEdge are especially useful in enabling us to implement an advanced security solution that demonstrates our commitment to client privacy and confidentiality -- and, as such, plays an important role in differentiating us from our competitors.”

About GuardianEdge
GuardianEdge is the leading provider of endpoint data protection for the enterprise. More than two million users around the world depend on GuardianEdge solutions to safeguard sensitive and proprietary information, to ensure compliance with regulations for maintaining consumer privacy and to enable secure enterprise mobility. The company’s endpoint data protection solutions have been deployed by leading organizations including Lockheed Martin Corporation, Deutsche Bank AG and Humana Inc., as well as numerous agencies in the U.S. departments of Veteran Affairs, Defense, State and Education. For more information, please visit www.guardianedge.com.

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