Vericept Aquires Black White Box
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Denver, Colorado– June 20, 2005 - Vericept Corporation, the leading provider of Intelligent Compliance and Content Protection Solutions, today announced that it has signed an agreement to acquire Black White Box, a leading provider in delivering control and management of end-point devices, in a combined cash and stock transaction. “The addition of Black White Box's technology is strategic to Vericept's future. This technology is an integral component of our overall strategy to further grow our leadership position in the Compliance and Content Protection space,” said Tery Larrew , President and CEO of Vericept Corporation. “We are constantly researching market opportunities and emerging technologies and this acquisition allows us to solve our customers' additional needs for a comprehensive content protection solution.” Black White Box's solutions will provide Vericept with the ability to deliver content-based security to endpoint devices, such as laptops, workstations and USB drives. Customers will now have the ability to manage data in motion as well as data at rest on the network and on end-user devices, to help prevent inappropriate downloading or sharing of information. This protection can extend to mobile devices such as: laptops, USB thumb drives, iPods used as hard drives, CD burners and more. The combination of technologies will also provide a centralized policy management console which will integrate with Vericept's Adaptive Policy Management™ system. “Customers currently implementing Vericept's solutions feel a great sense of control over their data; however, they are still concerned with information potentially leaving the network on end-point devices such as laptops and USB drives where there may still be significant exposure," said Larrew. "With the integration of Black White Box's technology, we can now control data at the network level as well as the end-point level which ensures protection from all sensitive data potentially leaving an organization.” “We have been working very hard over the past few years to develop a solution for helping organizations to control and manage their Information Systems at the end-point,” said Shaun McNerney, CEO of Black White Box. “By joining forces with Vericept, we can now provide our combined base of customers with the broadest solution in the industry for delivering comprehensive content protection solutions. Vericept is a proven leader in this space and we view this acquisition as a growth opportunity which will provide our technology with maximum exposure in a highly emerging market.” About Black White Box Black White Box delivers software that improves an organization's control and management of end-point systems. Black White Box's software products precisely communicate IS configuration, operation, and environment; its solutions deliver high value by solving significant productivity and security challenges. About Vericept Corporation Vericept Corporation is the leading provider of Intelligent Compliance and Content Protection Solutions. Designed for any-sized organization to manage the business risk inherent in Internet and electronic communications that can lead to business disruption, Vericept's intelligent content monitoring platform enables an organization to prevent losses to valuable information assets and protect its brand and reputation. Vericept's unique contextual linguistics engine provides never before seen visibility to multiple forms of business risk including regulation compliance violations, corporate governance concerns, internal policy infractions, information leaks, and unacceptable Internet use across all forms of Internet traffic, including Web, email, chat, IM, P2P, FTP, bulletin board postings and telnet in real-time without requiring an increase in resources. As the leader in information privacy and compliance management, Vericept monitors more than 2 million workstations across more than 600 customers worldwide. Vericept is a privately held company headquartered in Denver , Colorado . For additional information, please visit the Company's Web site at www.vericept.com or call 800.262.0274.
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