For Immediate Release

CMP MEDIA'S NETWORK MAGAZINE NAMES SKYBOX SECURITY INNOVATION OF THE YEAR

Skybox View Security Risk Management Solution Named a Double Innovation Awards Winner: Innovation of the Year and Most Visionary in the Security Category

PALO ALTO, CA - May 2, 2005 - CMP Media LLC's Network Magazine announced the Innovation Award Winners, an impressive mix of the most outstanding and distinctive products and/or services. Skybox® Security's Security Risk Management (SRM) solution was named innovation of the year - one of the most prestigious and eagerly anticipated honors.

The company's flagship product, Skybox® View, was selected as the "best of the best" from among 32 winners spanning ten technology categories. The Skybox enterprise software was also named most visionary in the security category. Other winners include AMD, Cisco, IBM, Microsoft Novell and Sun.

"The companies honored with the 2005 Network Magazine Innovation awards are true innovators that we believe change the rules of the game for not just the immediate moment, but within the years ahead, and give us a glimpse into the future of IT. These are innovations that will enable IT organizations to substantially better meet the needs of their business to create a business-optimized IT network," said Art Whittman, editor-in-chief for Network Magazine.

Skybox View introduces a security risk management and analytics platform that gives security officers the visibility they need to answers two critical questions: How effective are corporate security controls? Can we quantify the risks to current and future business processes? Skybox is defining the IT SRM category, which is emerging as the complete process of understanding threats, prioritizing vulnerabilities and understanding the impact of proposed changes or patches on the target systems in order to limit damage from potential attacks. IT SRM solutions integrate multiple information sources and technologies required to achieve measurable, repeatable and predictable risk management programs.

"We are honored to receive this award from the highly respected experts of Network Magazine and further establish the SRM category, transforming security into a business process," said David Batista, president and CEO, Skybox Security.

Added David Greenfield, executive editor of Network Magazine, "Skybox View soaks up infrastructure and security device configurations, correlates vulnerability scan results, maps links and dependencies among devices, and incorporates the dollar value of critical assets. It uses this data to model threats, run attack simulations, and analyze the impact of successful penetrations. The result is a demonstrable evaluation of your security controls and a justifiable price tag on potential exposures."

For the complete story in the May issue of Network Magazine, click here.

About Network Magazine

The award-winning Network Magazine (http://www.networkmagazine.com), published by CMP Media LLC, Manhasset, N.Y. is the one publication to consistently expose readers to emerging technologies, provide real-world examples of technology and product adoption, and explore the impact of cost justification, regulatory issues, and best practices. Network Magazine delivers 125,000 IT Architects who determine the technology choices of corporate America.

About CMP Media LLC

CMP Media LLC (www.cmp.com) is a leading integrated media company providing essential information and marketing services to the entire technology spectrum-the builders, sellers and users of technology worldwide. Capitalizing on its editorial strength, CMP is uniquely positioned to offer marketers comprehensive, integrated media solutions tailored to meet their individual needs. Its diverse products and services include newspapers, magazines, Internet products, and research, direct marketing services, education and training, trade shows and conferences, and custom publishing.

About Skybox Security

Skybox® Security, Inc. is the leader of next-generation Security Risk Management (SRM) solutions. The company's flagship product, Skybox® View, is the first enterprise software platform that raises vulnerability assessment, threat analysis, remediation planning and change management to the business risk level where it belongs. By combining business impact analysis and simulation with vulnerability data and network modeling, enterprises can continuously maintain risk-resilient networks, reduce regulatory compliance exposures and shrink the window of exposure from months to hours.

With Skybox View, security professionals can take a disciplined approach to measure business risk exposure, understand effectiveness of remediation alternatives, justify mitigation efforts (ROI) and minimize damage from attacks while lowering operating cost. By enhancing current best practices and internal controls with automated risk management analysis, the security, network and business units can work more effectively as a team. Skybox solutions have been successfully deployed at highly respected Global 2000 companies worldwide.

Founded in 2002, the company is headquartered in Palo Alto, California and is backed by Benchmark Capital, Lightspeed Venture Partners, Carmel Ventures and Mofet Technology Fund. For more information visit http://www.skyboxsecurity.com .

 

Contact:

Leslie Kesselring
Kesselring Communications, LLC for Skybox Security
leslie@kesselring.net
503-656-2847

Fuaud Yasin
CMP
fyasin@cmp.com
516 562-5146

 

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