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Paramount Defenses Named to Fast Company Magazine's "Fast 50 Readers Favorites of 2008" List of World's Most Innovative Companies

IT Security Infrastructure Protection and Access Assessment Pioneer Amongst Fast Company Magazine's Top-50 Most Innovative Companies of the World Reader's Favorites List

Newport Beach, CA, Aug. 01, 2008 - Paramount Defenses Inc. today announced that it has been named to Fast Company Magazine's "Fast 50 Readers Favorites of 2008" List of World's Most Innovative Companies, in recognition of its demonstrated innovation in the global information security space.

Fast Company, an award-winning business magazine, illuminates the evolution of business through a unique focus on the most creative individuals in the marketplace, and it is read by more than 750,000 successful executives in industries across the globe.

Every year Fast Company magazine highlights the most innovative companies worldwide that take business to new creative heights. FastCompany.com features additional companies, nominated by its readers that also embody these ideals.

For 2008, over 120 companies including Microsoft Corporation, Mozilla, Salesforce.com, Citrix Systems, Research in Motion, FedEx, Sun Microsystems, Progressive Insurance and Waggener Edstrom were nominated for the competition. In the end, Fast Company magazine's readers chose the Top-50 Most Innovative companies for 2008, placing a high premium on companies that demonstrate significant innovation. Paramount Defenses made the Top-50 list for 2008.

Paramount Defenses, a valued Microsoft partner in the global security space, offers innovative Active Directory security focused solutions that extend Microsoft's offerings in the Identity & Access management space, and help customers enhance the security of their Microsoft Windows Server based IT infrastructures.

"We're honored to be included on Fast Company's Top-50 list" said Sanjay Tandon, Founder and CEO of Paramount Defenses Inc. "Our inclusion on the list reflects our focus on innovation in the global information security space and reflects the hard work and success of our people."

From Mozilla, the developer of the world famous Firefox web browser to the multi-billion $ Citrix Systems, the Fast 50 Readers Favorites of 2008 list recognizes companies that are championing innovation in today's globally competitive business world. Fast Company Readers include over 7,50,000 successful executives in industries across the globe. The Top 50 Readers Favorites were selected from a list of over 120 finalist companies. Actual rankings were determined by vote by a panel of editors and writers. Paramount Defenses was ranked 22.

For more information on Fast Company Fast 50 competition, please visit http://www.fastcompany.com/fast50_08

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.

Contact: Jacqueline Williams
jacqueline@paramountdefenses.com
Paramount Defenses Inc.
949-468-5770

Gold Finger is a trademark of Paramount Defenses Inc. Microsoft, Windows and Active Directory are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. All other marks are trademarks of their respective companies.

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