Ounce Labs Achieves Record Growth in Q1 2009

Outstanding Results Fueled by Strong Customer Demand, New Government Wins

WALTHAM, Mass., May 19 /PRNewswire/ -- Ounce Labs, the industry leader in
enterprise static application security testing (SAST), today announced record
revenue growth for the first quarter of 2009. Year-over-year quarterly
bookings grew 52 percent following the company's record growth in 2008. Ounce
attributes its growth to new customers, expanded engagements with existing
customers, momentum for its Assessment-as-a-Service (A3S) offering, its
expanding network of worldwide service and technology partners, and increased
reach into the government sector.

"Application security has quickly become an executive-level priority as more
businesses understand the link between secure software and data protection,"
said David Mitchell, senior vice president, IT Research, Ovum. "Businesses are
feeling the pressure to secure their applications - whether those applications
are off-the-shelf, built in-house or by outsourcers - but not all businesses
have the same resources, especially when it comes to funding and IT security
specialists. Providing solutions that address these shortcomings will be
critical for the next generation of application security solutions."

In addition to strong demand for Ounce's A3S service offering, additional Q1
2009 highlights include:

-- An expanded Ounce partner community, with the addition of more than 10
technology and service partners, including The Security Consortium
(TSC)
and Nexor, and an extended footprint in Europe and the Middle East.
-- Ounce positioned in the Leaders Quadrant in Gartner's inaugural
"Magic Quadrant for Static Application Security Testing
(SAST)" report.
-- Ounce named a "Champion" in analyst firm Bloor Research's
"Application Security Market Update."
-- A completely overhauled Ounce Labs Web site.
-- Debut of the Ounce Community Forum for security practitioners around
the
globe.

-- The establishment of Ounce CTO Jack Danahy's Blog, Suitable
Security.

"In these challenging economic times, customers have the difficult task of
ensuring security and managing risks across their organizations, and must also
do more with less," said Gary Jackson, president and CEO, Ounce Labs. "Our
continued success is the direct result of maximizing our customers' budget
dollars while reducing the risks associated with insecure software by
delivering a cost-effective source code analysis tool that hardens their
applications to help protect their sensitive data."

Ounce Labs' flagship product, Ounce 6, is the only comprehensive, enterprise
static application security testing (SAST) solution that meets the demands of
enterprises committed to eliminating business-critical vulnerabilities in
software. It scans code quickly and prioritizes risk and offers remediation
action advice down to individual lines of vulnerable code across entire
enterprise application portfolios. Ounce's innovative pricing model, announced
in 2008, which provides the industry's most cost-effective solution for
application security, helped strengthen Ounce's strong Q1 2009 results.

About Ounce Labs, Inc.
Ounce Labs' industry-leading Static Application Security Testing (SAST) suite
brings enterprise-wide awareness of business critical vulnerabilities. With
this ability to identify and prioritize issues, organizations have the
information they need to address their greatest risks. Ounce's patented source
code analysis delivers the scalability and automation to help organizations
such as EDS, IBM, Intel, and Lockheed Martin strengthen application security
and protect confidential information. Ounce also helps organizations to verify
regulatory and policy compliance, addressing PCI DSS, FISMA, HIPAA and others.
For more information, please visit www.ouncelabs.com.

Ounce Labs is a registered trademark of Ounce Labs, Inc. in the United States
and other countries. Other product or service names mentioned herein are the
trademarks of their respective owners.

MEDIA CONTACTS:
Jennifer Sullivan Mark Daly
Ounce Labs Davies Murphy Group
781.547.7013 781.418.2411
jennifer.sullivan@ouncelabs.com ounce@daviesmurphy.com
http://www.ouncelabs.com http://www.daviesmurphy.com

SOURCE Ounce Labs

Jennifer Sullivan of Ounce Labs, +1-781-547-7013,
jennifer.sullivan@ouncelabs.com; or Mark Daly of Davies Murphy Group,
+1-781-418-2411, ounce@daviesmurphy.com, for Ounce Labs