CREDANT Technologies Awarded Contract with Department of Defense Office of the Inspector General

DALLAS, TX, March 17, 2010 - CREDANT Technologies, the market leader in endpoint encryption solutions, today announced that it has been awarded a contract to provide endpoint encryption software and services for the Department of Defense Office of the Inspector General (DOD IG). The DOD IG provides oversight and prevention of fraud, waste, and abuse in the programs and operations of the Defense Department.

CREDANT Technologies will provide DOD IG with its security solution CREDANT Mobile Guardian, which ensures compliance with key mandates of government data protection requirements. The solution will safeguard data on all personal computers, including laptops and desktop systems while offering multiple levels of access, device, and end-user controls.

CREDANT Mobile Guardian will define and enforce data security policies from a single console across a variety of environments, both within and beyond protected networks. The solution will also provide the agency with audit reporting capabilities that demonstrate compliance with government data-breach notification laws.

"As the watchdog of the Defense Department, the DOD IG handles highly sensitive and protected information. CREDANT Technologies will help ensure that this information remains secure without data leaks or theft," said Pete Morrison, Vice President, North American sales for CREDANT Technologies. "We're proud that CREDANT Mobile Guardian can help the agency conduct its investigations while being totally invisible to users."

About CREDANT Technologies

CREDANT Technologies is the market leader in endpoint data protection solutions. CREDANT's data security solutions mitigate risk, preserve customer brand, and reduce the cost of compliance, enabling business to "protect what matters." CREDANT Mobile Guardian is the only centrally managed endpoint data protection solution providing strong authentication, intelligent encryption, usage controls, and key management for data recovery. By aligning security to the type of user, device, and location, CREDANT permits the audit and enforcement of security policies across all computing endpoints. Strategic partners and customers include leaders in finance, government, healthcare, manufacturing, retail, technology, and services. CREDANT has been recognized by Inc. magazine as the #1 fastest growing security software company in 2008 and 2007; was selected by Red Herring as one of the top 100 privately held companies and top 100 Innovators; and was named Ernst & Young Entrepreneur of the Year 2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital (NASDAQ:INTC), and Cisco Systems (NASDAQ:CSCO) are investors in CREDANT Technologies. For more information, visit http://www.credant.com