Paramount Defenses Inc. Named Finalist for 'Most Innovative New Company' at RSA Conference 2007
IT Security Infrastructure Protection Pioneer Selected To Compete for Coveted "Most Innovative New Company" Title at World's Leading Information Security Conference and Exposition
Newport Beach, CA, Jan. 24, 2007 - (PRNewswire) Paramount Defenses Inc. today announced that it has been selected to participate in the RSA™ Conference 2007 Innovation Station. A limited number of private companies have been selected by a distinguished panel of judges comprised of leading venture capital investors, chief security officers and industry experts, to participate in this very special opportunity.
The company will showcase the world's first access entitlement assessment solution, the Gold Finger, at the Innovation Station pavilion on the expo floor, and compete for the "Most Innovative New Company" title at the RSA Conference, Feb. 5 –9, 2007 at San Francisco's Moscone Center.
The judging panel includes Asheem Chandna of Greylock Partners, Herbert H. Thompson of Security Innovation, Ted Schlein of Kleiner Perkins Caufield & Byers, Renee Guttmann-Stark of Time Inc., and Michael Barrett of PayPal. The Innovation Station "Showdown" will be held on Feb. 6 from 12 noon to 1:50 pm in the Burgundy Room 123 (Moscone North.) The judging panel evaluated each entrant based on the market potential for the company's products, the significance of the company's technology innovation, the quality of the management team, and the overall commercial viability of the company.
The winner will be named the "Most Innovative New Company" at RSA Conference 2007.
"RSA Conference 2007 Innovation Station program will identify the most innovative emerging company in the information security industry. Our judging panel has selected participants based on their product innovation, promising business model, as well as potential market impact," said Sandra Toms LaPedis, area vice president and general manager of RSA Conferences. "Paramount Defenses Inc. was selected based on its ability to not only meet the outlined criteria, but has also shown the capability to advance the industry with innovative technology."
Paramount Defenses Inc. is engaged in the development and delivery of the world's first dedicated platform independent IT security infrastructure protection solution.
The company is the brainchild of Sanjay Tandon, formerly Program Manager for Active Directory security at Microsoft Corporation (2001 - 05). From the White House to the British Houses of Parliament and from Corporate America to the business corridors of Asia, as the foundation of a Microsoft Windows Server based IT infrastructure, Active Directory is the foundation of IT security infrastructures at over 80% of organizations worldwide.
The company also develops select innovative security solutions aimed at solving pervasive security problems. Gold Finger, its first product, built on patent pending technology, helps organizations combat excessive access, one of the leading causes of information security breaches around the world, by identifying access entitlements conferred upon employees, administrators, guests, and other stakeholders across the enterprise, at the touch of a button.
Quoting Tandon "Gold Finger was designed to significantly simplify and increase security - at the touch of a button, you can instantly determine precisely what any user in the company can do, or how many people in the company can compromise the CEO's identity, and so on. That's invaluable information, delivered at the touch of a button."
Access entitlement assessment is an essential information security risk management capability as it empowers organizations to identify and eliminate excessive access based vulnerabilities before they can be exploited to inflict damage.
Paramount Defenses Inc will unveil the Gold Finger v1, at the RSA Conference to an audience of over 15,000 attendees at the Innovation Station pavilion at booth 1348.
For more information on Paramount Defenses and Gold Finger, please visit www.paramountdefenses.com
For more information on the RSA™ Conference 2007, please visit: http://www.rsaconference.com/2007/US/content/additional/innovation/
About Paramount Defenses Inc.
Paramount Defenses Inc., headquartered in Newport Beach, CA, is a privately held information security company engaged in the development of the world's first dedicated IT security infrastructure protection solution.
About the RSA Conference
RSA Conference is helping drive the security agenda worldwide with annual events in the U.S., Europe and Japan. Throughout its 16 year history, RSA Conference has consistently attracted the world's best and brightest in the field, creating opportunities for conference attendees to learn about IT security's most important issues through first-hand interactions with peers, luminaries and both emerging and established companies. As the IT security field continues to grow in importance and influence, RSA Conference plays an integral role in keeping security professionals across the globe connected and educated. For more information and conference dates, visit www.rsaconference.com.
Paramount Defenses Inc.
Gold Finger is a trademark of Paramount Defenses Inc. RSA and the RSA Conference logo are either registered trademarks or trademarks of RSA Security Inc. in the United States and/or other countries. All other marks are trademarks of their respective companies.
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