Bloor Research Identified CREDANT Technologies as a Global Leader in Encryption and Enterprise Data Protection Markets

CREDANT Positioned Solidly in "Champion" Segment
DALLAS--(Business Wire)--
CREDANT Technologies, a market leader in data protection solutions, today
announced that European independent IT analyst firm Bloor Research has found
that CREDANT has made significant gains in the two markets it serves and is
building on that momentum.

In its latest market updates, Bloor classifies CREDANT as a "champion" in the
Data Encryption market and an "innovator" in the Enterprise Data Protection
market. In comparison to last year, CREDANT`s position moved significantly
closer to the center, representing very high scoring across categories in 2009.

"While protecting over five million devices worldwide, we`ve proven that our
solutions are robust with features, easy to use and a must-have in the
increasingly compliant-centric world we live in," said Michael Callahan, CREDANT
Technologies, Vice President and Chief Marketing Officer. "Our patented, data
centric, policy-based, centrally-managed software continues to deliver solutions
to our customers and lead the market."

The Bloor report emphasizes the importance of these services in a difficult
economy. Bloor Research Analyst Nigel Stanley believes that "thinking
strategically and preventing data loss, organizations will be better placed to
ride out the current recession," and that encryption services should be "very
high on any IT security professional`s agenda."

"We are seeing the Enterprise Data Protection market mature as leading vendors
such as CREDANT enhance their offerings and start to deliver solutions that
really address the issue of protecting organizational data. It is exciting to
see how vendors have stepped up to the mark and have begun to solve this complex
problem, " said Nigel Stanley, Practice Leader of IT Security at Bloor Research.

About Bloor Research

Founded in 1989 Bloor has maintained a consistently high standard, acknowledged
by international press and other industry analysts and commentators as being
some of the most authoritative work on computing and business issues. Bloor
analysts combine their deep knowledge of technology with current trends and
drivers in business to assess appropriate technologies and their suitability for
businesses now and in the future. They also combine this knowledge and the
information gained from interviews with customers and vendors to provide
cross-the-industry views for our framework. The Bloor approach to analysis is
based around the Bullseye open research framework from the Bullseye Foundation
to ensure rigorous, accurate and consistent analysis and clear and meaningful
visualization of market segments and solutions.

About CREDANT Technologies

CREDANT® Technologies is the market leader in endpoint data protection
solutions. CREDANT`s data security solutions mitigate risk, preserve customer
brand, and reduce the cost of compliance, enabling business to "protect what
matters." CREDANT Mobile Guardian is the only centrally managed endpoint data
protection solution providing strong authentication, intelligent encryption,
usage controls, and key management for data recovery. By aligning security to
the type of user, device, and location, CREDANT permits the audit and
enforcement of security policies across all computing endpoints. Strategic
partners and customers include leaders in finance, government, healthcare,
manufacturing, retail, technology, and services. CREDANT has been recognized by
Inc. magazine as the #1 fastest growing security software company in 2008 and
2007; was selected by Red Herring as one of the top 100 privately held companies
and top 100 Innovators; and was named Ernst & Young Entrepreneur of the Year®
2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital
(NASDAQ:INTC), and Cisco Systems (NASDAQ:CSCO) are investors in CREDANT
Technologies. For more information, visit www.credant.com.

CREDANT Technologies
Shar Carpenter, 972-306-0276
press@credant.com

Copyright Business Wire 2009