Veracode Named Winner of the Info Security Products Guide Tomorrow’s Technology Today Award 2008

Veracode SecurityReview® Selected a Winner in the Application Security Category

Burlington, Mass., April 22, 2008 – Veracode Inc., the leading provider of on-demand application security testing solutions, today announced that Info Security Products Guide, a Silicon Valley Communications publication and the world’s leading publication on security-related products and technologies, has named Veracode’s SecurityReview® a winner of the 2008 Tomorrow’s Technology Today Award. This prestigious award recognizes security vendors with advanced, ground-breaking network security solutions that are helping set the bar higher for others in all areas of information security. SecurityReview was selected by the editorial group of Info Security Products Guide based on technologies that are making the most positive impact on security in today’s highly sophisticated and blended attacks environment.

“In a time when hundreds of billons of dollars are spent every year purchasing and developing software, application security is paramount,” said Matt Moynahan, CEO of Veracode. “Veracode is unique in the application security testing space not only because of our service delivery model, but because we are able to inspect application code at the same level that it is attacked – the binaries. SecurityReview requires no access to source code, and provides organizations with the ability to continually analyze applications at any time in a secure, simple, and cost-effective manner.”

Veracode’s SecurityReview is the first application security testing solution available as an on-demand service, making it easy and cost-effective for organizations to produce and purchase more secure code. Veracode’s patented on-demand service is the industry’s only solution that can inspect the software executable (binary code) and find application vulnerabilities as well as malicious code such as hidden backdoors, providing the most thorough application security audit in the marketplace.

“Increased security awareness is helping organizations take a proactive approach to securing their digital resources,” says Rake Narang, editor-in-chief, Info Security Products Guide. “Probably nothing differentiates any product or solution more than the superior technologies that make them suitable for today’s needs while pro-actively being ready for tomorrow too.”

About Info Security Products Guide Awards

Info Security Products Guide, published from Silicon Valley, plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow’s technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that facilitate in making the most pertinent security decisions. The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. To learn more, visit www.infosecurityproductsguide.com and stay secured.

About Veracode

Veracode is the world’s leader for on-demand application security testing solutions. Veracode SecurityReview is the industry’s first solution to use patented binary code analysis and dynamic web analysis to uniquely assess any application security threats, including vulnerabilities and malicious code. SecurityReview performs the only complete and independent security audit across any internally developed applications, third-party commercial off-the-shelf software and offshore code without exposing a company’s source code. Delivered as an on-demand service, Veracode delivers the simplest and most-cost effective way to implement security best practices, reduce operational cost and achieve compliance without requiring any hardware, software or training.

Veracode has established a position as the market visionary and leader with awards that include recognition as a Gartner “Cool Vendor” 2008, Info Security Product Guide’s “Tomorrow’s Technology Today Award 2008,” Information Security “Readers’ Choice Award 2008,” AlwaysOn Northeast Top 100 Private Company 2008, NetworkWorld “Top 10 Security Company to Watch 2007,” and Dark Reading’s “Top 10 Hot Security Startups 2007.”

Based in Burlington, Mass., Veracode is backed by .406 Ventures, Atlas Venture and Polaris Venture Partners. For more information, visit www.veracode.com.

Contacts:
Jim Crook
Lois Paul & Partners
781.782.5734
jim_crook@lpp.com