Computerworld Names Sanctum Among Top 100 Emerging Companies in 2001; Leading Provider of Web Application Security Software Included in Top 100 Companies to Watch in 2001

Business Wire, Nov 15, 2000

Business Editors/High Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 15, 2000

Sanctum, Inc., the established leader in automated Web application control and security software, today noted its inclusion in Computerworld's list of the top 100 new companies to watch in 2001. Winners were chosen from 10 key technology areas. Sanctum was named among the top five companies in the Security category.

The Top 100 Emerging Companies list, which appears in the magazine's November 13 issue, recognizes companies with "advanced technology" and "competitive advantage" in market segments which include Application Development Tools, ASPs, Web Infrastructure, Mobile and Wireless, Security and E-market Exchange. Companies were chosen based on technology, innovation and positive signs of an ability to execute business strategy.

"The IT industry is extremely competitive today. Companies are fighting tooth and nail to gain the notice of IT leaders. Only those companies that are truly innovative will stand out in this market -- those that are taking risks and spearheading change," said Maryfran Johnson, Editor-in-Chief of Computerworld.

"It's certainly gratifying to have a publication of Computerworld's stature take note of our technology and market leadership," commented Peggy Weigle, president and CEO of Sanctum. "We've worked very hard to provide eBusinesses with the security tools they need to protect their digital assets from the growing threat of application-level attacks. While we take great pride in the success we've had in helping our customers create a safe, trusted environment for doing business online, it's extremely satisfying when such knowledgeable industry watchers acknowledge the value and relevance of our work. It's an honor to join the other successful companies on this list."

While most eBusinesses understand the importance of security, too many stop at data encryption and firewalls, providing little or no protection for the most vulnerable points to any website, the applications themselves. Sanctum's Web application security software fills this large gap, autonomously and intelligently securing and monitoring Web application behavior to ensure that they do only what the eBusiness intends them to do. Sites secured by Sanctum are completely protected from the damaging effects of application-level hacks, such as site defacement, stolen goods, corporate espionage and/or compromised customer information.

Sanctum's customer base includes industry leaders in banking, retailing, finance, government and healthcare, including companies like Yahoo, Quote.com and NetVision (Israel's largest ISP).

About Sanctum, Inc.

Founded in 1997 and headquartered in Santa Clara, Calif., Sanctum, Inc. (formerly Perfecto Technologies) pioneered the market for Web application security and control software. Sanctum's software works autonomously and continuously to monitor how individuals interact with Web applications. By detecting and defending against any unauthorized behavior, Sanctum prevents Web application perversion, even if a site has unknown security holes or flaws. Sanctum's customers include industry leaders in banking, retailing, finance, government and healthcare. Privately held, Sanctum is funded by blue-chip venture capital firms and industry leaders, including Sequoia Capital, Walden and Intel Corporation. More information about Sanctum may be obtained by visiting the Company's Web site at www.SanctumInc.com or by calling the Company directly at (408) 855-9500.

Note to Editors: AppShield and AppScan are trademarks of Sanctum, Inc. All other product names referenced are the property of their respective owners and are hereby acknowledged.