Verdasys CEO Seth Birnbaum Named Finalist in Ernst & Young 2009 Entrepreneur of the Year Award

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Tue May 19, 2009 9:00am EDT

WALTHAM, Mass.--(Business Wire)--
Verdasys, Inc., the leading supplier of data security solutions for information
protection across the Global 2000, today announced that CEO Seth N. Birnbaum has
been named a finalist in the prestigious Ernst & Young 2009 Entrepreneur of the
Year Award for the New England region. 

This annual award recognizes exceptional entrepreneurs in various industries on
a regional, national and global level. Birnbaum was selected as an enterprise
software finalist from more than 90 nominations received in several categories
from other New England-area entrepreneurs. As a 2009 regional award winner,
Birnbaum would be eligible to participate in the national Ernst & Young
Entrepreneur of the Year awards, which will take place in Palm Springs, CA on
November 11-15, 2009. The awards are the culminating event of the Ernst & Young
Strategic Growth Forum, the nation`s most prestigious gathering of high-growth,
market-leading companies. 

Ernst & Young`s recognition of Birnbaum`s entrepreneurial leadership comes on
the heels of another strong year in which Verdasys added over 50 new Global 2000
customers, deployed its market leading information risk management product,
Digital Guardian to over 90,000 users at its largest single deployment site and
grew revenue over 140% year over year. In addition, Verdasys launched its newest
information risk management solution, SiteTrust which extends Digital Guardian
beyond the enterprise, securing data and transactions to partners, customers and
ultimately consumers. 

Verdasys continues to strengthen its position as the leading provider of
information risk management solutions to the Global 2000 and has been recognized
by various associations recently being named a finalist in the Small Business
Association of New England`s search for Innovative Company of the Year.
Companies serious about information protection chose Verdasys. 

"While being recognized as an Ernst & Young Entrepreneur of the Year award
winner is a personal honor, it would not be possible without the entrepreneurial
spirit, dedication to the company and high risk tolerance provided by the entire
Verdasys team," said Seth Birnbaum, CEO of Verdasys. "This is the largest group
of spiritual founders a company has ever had - it transcends passion, makes me
doubly proud and excited about our future." 

About Verdasys

Verdasys solutions protect proprietary and sensitive data and the integrity of
business processes essential for Global 2000 companies to successfully compete
in today`s highly collaborative and mobile environments. Digital Guardian is a
centrally managed data security platform that discovers, classifies, monitors,
controls and encrypts sensitive information at rest, in use and in motion across
desktops, laptops, mobile devices, email, Web transactions, terminal servers and
enterprise applications. Our customers are the global leaders in financial
services, insurance, technology, manufacturing, and healthcare industries around
the world. Companies serious about information protection chose Verdasys. 

Verdasys is headquartered in Waltham, MA. 

For more information, please visit http://www.verdasys.com. 





Verdasys, Inc.
Bill Munroe, 781-902-7843
bmunroe@verdasys.com

Copyright Business Wire 2009

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