Palisade Systems Celebrates Banner Year in 2008 With DLP Industry Innovations, Prestigious Industry Award Win

DLP Pioneer Builds Upon Successes of Previous Year to Start 2009 With A Bang

Press contact:
Jeremy Pepper
Director, Public Relations and Social Media
888.824.0720
jeremy.pepper@palisadesystems.com

AMES, Iowa (Mar. 5, 2009) - Palisade Systems, a leading provider of data loss prevention solutions, today announced several business highlights that constituted a banner year in 2008 and continued success in the beginning of 2009.  Several of the achievements garnered by the company over the past year include:

  • Being named “Best Small Software Company” at the Technology Association of Iowa’s 2009 Prometheus Awards, a prestigious and extremely competitive “who’s who” of Iowa’s burgeoning tech industry.
  • The appointment of Monty Holloway as Vice President, Sales and Channels, along with the establishment of Palisade’s Dallas, Texas sales operation.
  • The release in February 2008 of PacketSure 7.0, which included major upgrades to Palisade’s award-winning DLP appliance.
  • Palisade’s inclusion in the Gartner Group’s 2008 Magic Quadrant of the top data loss prevention vendors.
  • The addition of many new enterprise customers to Palisade’s diverse client base, including Meredith Corporation, one of the nation’s leading media and marketing companies.
  • The establishment of an all-new channel program, which has resulted in over 700% growth of the channel division and 130 new channel partners in Q1 of 2009.
  • The founding of Palisade’s unique-to-the-industry free Secure Assessment Program, which uses PacketSure to perform in-depth five-day assessments of organizations’ networks, and then provides them with a customized report that helps them gain an understanding of the compliance violations and data leakage from activity inside their networks.
  • A 2008 Q4 revenue increase of 130% over the same period in 2007.

“Looking back on 2008, I am pleased to report that Palisade Systems saw tremendous growth in its product offerings, channel program, customer base, and personnel,” said Kurt Shedenhelm, president and CEO of Palisade Systems. “As a result of these successes, we have already begun 2009 very strongly and are poised to continue moving forward with a variety of new product announcements, partnerships, and other initiatives in 2009.”


About Palisade Systems, Inc.
Palisade Systems, Inc., is the leading pioneer of enterprise content security and data loss prevention (DLP) solutions, with over 800 domestic and global customers. Palisade's patented DLP product, PacketSure, is the industry's only all-in-one appliance that can be installed and running in less than one hour; a cost savings to customers of hundreds of thousands of dollars. PacketSure helps organizations proactively secure intellectual property and private client information from leaking outside the network, define and enforce access to internal network resources, and enforce compliance with federal privacy and industry security regulations. Palisade Systems customers include prominent clients in healthcare, financial services, insurance industries, along with universities and school districts. For more information, please visit http://www.palisadesystems.com or contact Palisade's sales department at 1.888.824.0720.