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Innovation, Expansion and Channel Growth Highlight First Anniversary of ThreatTrack Security

April 9, 2014

Launch of ThreatSecure platform, office opening in D.C. area and growing partner community lead to successful, profitable first year for cybersecurity firm

CLEARWATER, Fla., April 9, 2014 /PRNewswire/ — In its first year as an independent company, ThreatTrack Security has successfully expanded its operations and solutions portfolio to better serve the most pressing cybersecurity needs of enterprises and government agencies. The development and recent launch of ThreatSecure(TM)- the industry’s first solution to provide real-time detection and endpoint remediation of advanced malware threats – is the culmination of the company’s strategy to empower organizations of all sizes to protect themselves from the world’s most sophisticated malware.

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“We set out a year ago to build a nimble and innovative cyber-defense firm to help organizations defend themselves from advanced malware attacks evading traditional security solutions,” said Julian Waits, Sr., president and CEO of ThreatTrack Security. “By putting a focus on product innovation, recruiting top executive leadership, expanding our operations and focusing on the growth of our partner community, we’ve already delivered cutting-edge solutions to the market and are positioning the company for long-term growth and success.”

In addition to developing new technologies that meet evolving cybersecurity needs, ThreatTrack Security continues to focus on strengthening VIPRE, the company’s well-established endpoint protection and antivirus solution. ThreatTrack Security grew its VIPRE business sales by 20% year-over-year. VIPRE antivirus technology now defends more than 10 million endpoints around the world, with the largest VIPRE customer protecting more than 70,000 endpoints.

ThreatTrack Security succeeded in many areas during its first year, including:

Cybersecurity Innovation

    --  Launched ThreatSecure, an advanced malware protection platform and the
        industry's first solution to combine advanced threat detection with
        closed-loop remediation on the endpoint. Available first as email
        security appliance, ThreatSecure provides real-time detection and
        automated remediation of APTs, targeted attacks and Zero-day threats.
    --  Launched ThreatAnalyzer 5, the latest version of the industry's leading
        malware analysis sandbox featuring more than 30 enhancements, including
        improved behavioral analysis capabilities, simulated reboot
        countermeasures for sandbox-evading malware and a redesigned user
        interface for improved workflow.
    --  Introduced VIPRE Business Premium and VIPRE Antivirus Business versions
        6.5, the industry's first endpoint protection suites with integrated
        support for Windows Server Hyper-V security management.
    --  Released VIPRE Email Security for Exchange 3.6, featuring multiple
        adaptive technologies to better protect users from spam and email-borne
        threats.

Global Reach

    --  The Clearwater, Fla.-headquartered company also expanded to the
        Washington, D.C. area in August 2013 to attract additional cybersecurity
        development and sales talent, and better serve its federal government
        customers. Used by defense, law enforcement and civilian agencies,
        ThreatTrack Security solutions are a critical component of the U.S.
        cybersecurity infrastructure. The company now has offices in Florida,
        Virginia, the United Kingdom, Spain and the Philippines.
    --  Added dedicated Sales resources for the financial services and
        government markets, supporting customers in sectors most often targeted
        by cybercriminals.

Experienced Leadership

    --  Appointed Stewart Curley to the post of Chief Financial Officer
    --  Appointed Dipto Chakravarty to the post of Executive Vice President of
        Engineering and Products

Channel Growth

    --  Implemented a channel-centric go-to-market strategy, including a new
        partner program and realignment of the sales organization to better
        collaborate with and enable resellers.
    --  Grew sales revenue by nearly 40% through solution providers, and more
        than doubled sales through key distribution partners, creating a more
        efficient and profitable partner ecosystem.
    --  Began recruiting partners to add advanced malware defenses - including
        ThreatSecure and ThreatAnalyzer - to their solutions portfolios and
        enabling them to capitalize on the growing demand for more advanced
        cybersecurity.
    --  Added new OEM partnerships (including with Faronics and LabTech) to
        bring innovative cybersecurity solutions to their customers.

“As we move into our second year, the focus remains on innovation and building awareness about the need for layered security and automated remediation, which is the natural counterpart to malware detection in the battle to defend data and networks,” continued Waits. “We’re seeing tremendous adoption of our approach, and we’re just getting started.”

About ThreatTrack Security Inc.

ThreatTrack Security specializes in helping organizations identify and stop Advanced Persistent Threats (APTs), targeted attacks and other sophisticated malware designed to evade the traditional cyber-defenses deployed by enterprises and government agencies around the world. The company develops advanced cybersecurity solutions that Expose, Analyze and Eliminate the latest malicious threats, including its ThreatSecure advanced threat detection and remediation platform, ThreatAnalyzer malware behavioral analysis sandbox, ThreatIQ real-time threat intelligence service, and VIPRE business antivirus endpoint protection. Learn more at www.ThreatTrackSecurity.com

Disclaimer

Copyright © 2014 ThreatTrack Security, Inc. All rights reserved. All other trademarks are the property of their respective owners. To the best of our knowledge, all details were correct at the time of publishing; this information is subject to change without notice.

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SOURCE ThreatTrack Security


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