Application Security, Inc. Named to Deloitte Technology Fast 50

Business Wire, Oct 27, 2008

Database Security and Compliance Leader Continues Accelerated Growth, Reflects Critical Market Requirement for Powerful, Automated Database Controls

NEW YORK -- Application Security, Inc., the leading provider of database security solutions for the enterprise, has been named to Deloitte's prestigious Technology Fast 50 Program for New York, New Jersey and Connecticut, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies. Deloitte LLP, one of the nation's leading professional services organizations, ranked companies based on the percentage revenue growth during the five-year period from 2003-2007.

Deloitte's Technology Fast 50 is the latest accolade for Application Security, Inc. this year, as the company was also named to Inc. Magazine's list of fastest-growing private American companies, the Inc. 5000.

"The threat environment is increasing, and data security is a priority," said John Ottman, president and CEO of Application Security, Inc. "Our growth as a company is driven by our ability to help companies ground their mounting compliance and security requirements in industry best practice. More than 1,000 global organizations have deployed our software to keep their enterprise data safe, secure and compliant."

"Deloitte's New York, New Jersey and Connecticut Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Kevin Buckley, Technology Fast 50 program director, Deloitte Services LP. "We applaud the successes of Application Security, Inc. and acknowledge it as one of the very few to accomplish such a fast growth rate over the past five years."

To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 2003 and $5,000,000 in 2007; be headquartered in New York, New Jersey or Connecticut; and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues, or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.

Companies from the regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Application Security, Inc.

Application Security, Inc. (www.appsecinc.com) is the leading global provider of database security solutions for the enterprise. Application Security, Inc.'s products - the industry's only complete database security solution - establish controls on sensitive data in the most demanding environments around the world. Application Security, Inc. delivers up-to-date database protection that grounds compliance and security efforts where sensitive data lives. The company was named to Inc. Magazine's 2007 (Inc. 500) and 2008 list of America's Fastest Growing Private Companies, and was also named to the 2008 Deloitte Technology Fast 50 by Deloitte & Touche.

About Deloitte

As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

DbProtect is a trademark of Application Security, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners.