SAN JOSE, Calif. – Jan. 26, 2012 – Vormetric, Inc., the leader in enterprise systems encryption and key management, today announced its third consecutive year of profitability, record revenues and accelerated customer adoption for the 2011 calendar year. The company grew revenues by 40 percent and nearly doubled its new customer acquisition rate year over year. Vormetric continued to expand its share of the large enterprise market with 15 of the Fortune 25 now using its technology. Customers use Vormetric to protect their databases and unstructured data against all types of attacks and meet regulatory compliance requirements for PCI DSS, HIPAA-HITECH and state data breach laws.

“As a result of high profile attacks by extremely sophisticated perpetrators, major corporations are proactively making the decision to encrypt and protect sensitive data in the enterprise with centralized key management and very tight access controls,” said Richard Gorman, president and CEO of Vormetric. “We are successfully providing our solution to all types of organizations including some of the largest companies in the world to protect their most important information.”

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SAN JOSE, Calif.–(EON: Enhanced Online News)–Vormetric, Inc., the leader in enterprise systems encryption and key management, today announced that technology visionary and serial entrepreneur Brian NeSmith has joined the company’s Board of Directors effective immediately. Mr. NeSmith led Blue Coat’s meteoric rise to market prominence and successful IPO as CEO and President, and was also CEO of IP Switching pioneer Ipsilon Networks which was acquired by Nokia. He will provide strategic counsel to Vormetric management.

“Brian is one of the most successful technology entrepreneurs of the internet era, and helped create several product categories in the enterprise market”

“Brian is one of the most successful technology entrepreneurs of the internet era, and helped create several product categories in the enterprise market,” said Richard Gorman, CEO ofVormetric, Inc. “His management and technology expertise, market vision, and industry contacts will play an instrumental role in helping Vormetric extend its leadership position in the data security market. We are fortunate to have Brian on Vormetric’s Board of Directors.”

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Oracle Veteran Jonathan Intner will Explain Data Security Pitfalls and How Database Administrators Can Avoid Them

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SAN JOSE, Calif.–(EON: Enhanced Online News)–Vormetric, Inc., the leader in enterprise systems encryption and key management, today announced Vormetric Key Management, a single solution for central control of encryption keys on an enterprise scale. For organizations with heterogeneous database platforms and an increasing number of encryption keys from disparate encryption systems, Vormetric reduces administration costs and security risks. This new solution extends existing key management technology used in Vormetric Data Security to Oracle and Microsoft SQL Server Transparent Data Encryption (TDE) systems, and custom applications with built-in encryption. Vormetric is deployed by the largest companies in the world today, including seven companies in the Fortune 20.

“Data Encryption for Compliance and Information Governance”

According to Gartner Inc., “Before jumping into potentially large and complex encryption projects, organizations should consider the available options and enforce a tactical and focused approach to encryption services to minimize the impact to systems, applications, and personnel and critical business processes, such as recovery scenarios… Furthermore, encryption deployments need to have centralized key management. Without key management, organizations will not have auditing capabilities and will lack the ability recover data where a key has been lost or a password has been forgotten.¹”

Vormetric Key Management provides encryption key lifecycle management and enables centralized management of millions of encryption keys and policies. The solution is offered as a Hardware Security Module (HSM) appliance that can secure all keys to ensure they are never lost or compromised, always available, and easy to restore.

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