NYMITY NAMED "COOL VENDOR" BY LEADING ANALYST FIRM

Vendors selected for the "Cool Vendor" report are innovative, impactful and intriguing

TORONTO, May 19 /CNW/ - Nymity, a leading provider of privacy compliance tools, announced today that it has been included in the list of "Cool Vendors" in the Cool Vendors in Risk Management, Privacy and Compliance, 2011i report by Gartner, Inc.

"We consider our inclusion in the Cool Vendor report by Gartner confirmation of our mission to provide comprehensive privacy compliance and accountability tools that assist organizations with understanding their compliance criteria, maintaining an effective privacy program and being able to demonstrate both," said Terry McQuay, President of Nymity.  "With Nymity covering every region in the world, over 1300 subscribers and a large research team we know we are ready to assist our customers with their privacy compliance challenges today and into the future."

Recently, Nymity released an Accountability Reporting Tool that allows organizations to report the status of their privacy program based on the internationally endorsed Privacy Maturity Model from American Institute of Certified Public Accountants (AICPA) or the Canadian Institute of Chartered Accountants (CICA).  This tool allows organizations to quickly create reports structured on a common framework that can be based on department, division, location as well as organizational privacy risks. Reports can be shared with internal stakeholders, or if desired, with external stakeholders including Regulators, Privacy Commissioners, and Data Protection Authorities.

Also, Nymity has released a Privacy Newsletter Generator allowing organizations to quickly enhance their privacy awareness program to build a culture of privacy that reduces the risk of a privacy breach.

Nymity has several initiatives in the privacy compliance and accountability space and would encourage readers to visit www.nymity.com to learn more.

Cool Vendor Disclaimer

About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

i Gartner "Cool Vendors in Risk Management, Privacy and Compliance, 2011 by Carsten Casper, French Caldwell, Neil MacDonald, Kenneth Chin 15 April 2011.

SOURCE Nymity Inc.

For further information:

Nymity Inc.
416 572 2777
info@nymity.com

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Nymity Inc.

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