For Immediate Release
SKYBOX SECURITY NAMED A RED HERRING 100 WINNER
Award Recognizes the 100 Private Technology Firms in North America
Driving the Future of Technology
San Jose, CA — May 22, 2006 — Skybox® Security, Inc., the leader in Security Risk Management (SRM), today announced that it has been selected as a winner of the annual “Red Herring 100 North America” award by Red Herring magazine. After receiving more than 1,000 submissions and nominations, Red Herring’s editorial staff rigorously evaluated Skybox Security through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. To view the full list, please visit www.redherring.com.
As one of the winners, David Batista, CEO of Skybox Security, will present an overview of the company at the exclusive Red Herring Spring 2006 CEO summit, May 23-25 in Monterey, California, where a select group of 300 technology entrepreneurs, investors, and corporate developers will gather to be the first to meet this next wave of technology innovators.
Innovative technologies and business plans
“With venture capital flowing again, we’re seeing a lot of new companies taking on the established players with ground-breaking technologies and innovative business plans,” said Joel Dreyfuss, Editor-in-Chief of Red Herring. “The Red Herring 100 North America companies, among them Skybox Security, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories.”
“On behalf of our employees and customers, Skybox is honored to be named one of the top 100 privately-held companies in North America and to receive this prestigious award from Red Herring. This award validates our business and product strategy as evident by strong customer acceptance and continued industry recognition,” said David Batista, Skybox president and chief executive officer.
Skybox Security pioneered the science of risk quantification for IT infrastructures and is driving the advancement of the IT Security Risk Management (SRM) as an industry best practice. The company has secured investments from many of the industry’s most high-profile venture capital firms and an impressive list of Global 2000 customers. Skybox View has recently been named Best Security Solution for Financial Services by SC Magazine; Hottest Company by Info Security Products Guide; Gartner Cool Vendor in Security; Best of the Best Security Product by Network Magazine; Tester’s Choice by Secure Enterprise Magazine; and Product of the Year by Information Security Magazine.
More than just buzz
Red Herring’s lists of top private companies are an important part of the renowned magazine’s tradition of identifying new and innovative technology firms and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as some that would change the way we live and work. The Red Herring 100 North America companies are at the forefront of the technologies that are changing our lives in profound ways.
Honoring the best
To honor the Red Herring 100 companies, Red Herring has invited their CEOs and founders to present at its Red Herring Spring 2006 conference, a forum for technology’s most exciting companies, and to share their insights on the future of innovation and the entrepreneurial journey. Scheduled to take place at the Hyatt Regency Hotel in Monterey, this intimate, invitation-only conference will explore “The Pursuit of Disruption” and how it spawns unexpected opportunities, novel alliances, and great success stories.
About Skybox Security, Inc.
Skybox® Security pioneered the science of quantifiable security risk analysis and is driving the advancement of the Security Risk Management (SRM) market. The company’s award-winning product Platform, Skybox View™, is the first and only software solution to create a virtual model and staging environment of an organization’s network security and access profile.
This virtual model can be safely attacked, changed and analyzed for the purpose of improving the security profile of the network as well as validating the impact of proposed network changes within defined policies. The result is a more secure network, operational efficiency and reduced IT workload. Skybox View Platform supports two major applications - Skybox Secure™ and Skybox Assure™ - through a modular, scalable Platform. Additional news and information about the company is available at www.skyboxsecurity.com.
About Red Herring Spring 2006
Red Herring Spring 2006 will assemble 300 of the continent’s most innovative and successful CEOs, investors, and corporate developers and feature a dynamic group of over 100 speakers that are pushing and breaking the boundaries of the business of technology. Themed “The Pursuit of Disruption,” it will be held May 23-25 in Monterey, California. Please contact Michael Felber at 650.428.2900 or email mfelber@redherring.com to request an invitation to attend the event. More information is available online at www.herringevents.com/rhspring06.
About Red Herring Magazine
Red Herring magazine is a sophisticated insider's guide to the business of technology, featuring unparalleled insights on the emerging technologies driving the economy, from the Internet to wireless communications and digital entertainment. Red Herring's journalists report on how innovation and entrepreneurship are transforming business and how the business of technology is transforming the world, providing readers with a deep understanding of venture capital and capital markets. Recognized as an essential resource in today's fast-changing business world, Red Herring gets the right answers before anyone else even thinks to ask the questions. More information on Red Herring is available on the Internet at www.redherring.com.
Skybox Security contact: Leslie Kesselring, leslie@kesselring.net
Red Herring Spring contact: Michael Felber, mfelber@redherring.com
Media Relations contact: Xenia von Wedel, xenia@terpin.com
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