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Invincea Announces Major Revenue and Deployment Milestones, Names 17 New Clients

10/28/2013

Invincea, Inc., an innovator in the use of secure virtual containers for advanced malware threat detection, breach prevention and forensic threat intelligence, today announced that it reached major sales and deployment milestones in Q3 2013 with 200% quarter-over-quarter and year-over-year growth. The company's software is now deployed in nearly 10,000 organizations worldwide -- touching dozens of industry verticals such as energy, oil & gas, high tech, financial services, healthcare, retail, transportation, defense industrial, federal and state government agencies and companies of all sizes.

Invincea today also named 17 new enterprise clients including: The State of Colorado, Boston Financial Data Services, Kennebec Savings, Ballentine Partners, Bank Leumi USA, Shepherd Medical Center, the New York Police Department, New York City Police Pension Fund, General Atomics, Telos, the Federal Aviation Administration, the U.S. Library of Congress, the Department of Energy, the National Institutes of Health, the State of Georgia Emergency Management Agency, DRS Technologies and BAE Systems.

"Invincea is really changing the game in terms of combating user-targeted attacks," said Bruce Brody, CISO at DRS Technologies. "They help us combat spear-phishing and watering hole attacks, have the ability to spot zero-days in use in-the-wild and don't get in the way of our users. It isn't at all surprising to me that they are having this success in market."

In June 2013, Invincea became the first technology of its kind and the only anti-malware solution to ship straight from the factory on all Dell commercial devices including: Precision, Latitude, and Optiplex machines. The OEM deal announced by Dell is now shipping Invincea on more than 60 million devices globally over the next three years.

Today's announcement points to the company's emergence as the new standard in combating zero-day malware and Advanced Persistent Threats (APTs) on the endpoint and reinforces market analyst assessments of the company as the market leader in its sector; as well as recommendations for companies to seek out the types of controls Invincea delivers.

Forrester Research's Rick Holland recently recommended that organizations; "Don't just rely upon network security based controls that detect delivery of malicious code...use the new breed of endpoint solutions that detect exploitation of malicious code on the host." (Observations On The 2013 Verizon Data Breach Investigations Report, Forrester Research, Inc. blogs, April 22, 2013)

According to Neil MacDonald at Gartner, "By year-end 2016, 20% of enterprises will implement Windows containment mechanisms for end users handling untrusted content and code, up from less than 1% in 2013." (Technology Overview for Virtualization and Containment Solutions for Advanced Targeted Attacks, March 12, 2013)

"We believe Forrester and Gartner have it right in terms of understanding where the endpoint market is going," said Chris Smith, Vice President of World Wide Sales at Invincea. "But at the pace we are on now, I'd respectfully submit that Neil's projection of even dramatic growth of 20% enterprise adoption by end of 2016 may be a bit too conservative. We're literally seeing demand from every corner of the market -- including the smaller end -- and Invincea is poised to become the de facto standard in endpoint security in the not too distant future."

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