AUSTIN, TX -- (Marketwire) -- 07/22/09 -- CoreTrace, the pioneer of client-based application whitelisting technology, today announced the close of the sixth consecutive quarter of record growth, making for a fertile first half of 2009. CoreTrace recorded more than a two hundred percent revenue growth over the same period last year and is poised for continued success given the game-changing advancements made to its award-winning BOUNCER technology, increased awareness of application whitelisting in the market and recognition by the industry for a change in how IT organizations protect against malware.
"CoreTrace is committed to leading the rational transition to application whitelisting," said Toney Jennings, president and CEO for CoreTrace. "IT organizations, analyst firms, and even traditional antivirus companies are taking to heart what we have been saying for the past few years -- that blacklist-based antivirus solutions are no longer effective. By breaking down the barriers to application whitelisting, most notably the ability to dynamically handle the addition of new applications and upgrades, CoreTrace's BOUNCER solution is being readily adopted by customers in multiple industries."
Industry recognition for CoreTrace's BOUNCER technology added to the company's momentum in the first half of 2009. CoreTrace was recently named to the exclusive AlwaysOn Global list of the top 250 private companies, and the company has been presented with numerous awards for best anti-malware solution, best antivirus solution, as well as best solution for SCADA / process control systems by Info Security Products Guide 2009 Global Product Excellence, Info Security Products Guide 2009 Tomorrow's Technology Today and Network Products Guide 2009 Best Products and Services.
CoreTrace has also received broad analyst support, as exemplified in the June Impact Brief written by Enterprise Management Associates (EMA). In the brief, Michael Montecillo, principal analyst covering security and risk management at EMA stated, "Endpoint anti-malware software is quite simply not up to the challenge of proactively meeting the current climate of sophisticated attacks against IT infrastructure... As organizations continue to experience issues relating to ineffective and bloated endpoint technologies, EMA fully expects CoreTrace to move closer to the forefront of endpoint security leaders."
High-profile viruses, including Conficker and Waledac, continue to wreak havoc, strengthening the case that reactive endpoint security strategies are broken and opening the door for proactive and more-effective solutions such as application whitelisting. Advances in CoreTrace's BOUNCER technology make way for a rational transition to application whitelisting for endpoint protection. CoreTrace is aggressively breaking barriers to whitelisting adoption with new features in BOUNCER 5.0, announced in June, which includes an industry-first ability to seamlessly allow and whitelist trusted ActiveX installations, improved memory protection, automated and streamlined deployments and efficient management capabilities, such as group security configurations. As the industry's most secure and IT-friendly whitelisting solution, BOUNCER 5.0 is a strong alternative to blacklisting-based antivirus technologies.
About CoreTrace
CoreTrace® is the pioneer of client-based application whitelisting. The company's award-winning and patented high-security, easy-change BOUNCER solution is at the forefront of the movement in next-generation endpoint control and security solutions. Unlike other application whitelisting solutions that are simply lockdown technologies, BOUNCER's "Trusted Change" capability enables IT professionals to predefine multiple sources from which users can safely install applications and have them automatically added to the whitelist -- all with minimal IT involvement. The result: full prevention of unauthorized applications, improved overall security, and lower total cost of ownership compared to alternative whitelisting and traditional blacklisting antivirus solutions. CoreTrace's customers include organizations in a wide variety of industries, such as energy, oil and gas, financial services, telecommunications, as well as government agencies.
CoreTrace is headquartered in Austin, Texas. For more information, please visit: www.CoreTrace.com. Our blog can be found at http://www.coretraceblogs.com/.
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