nCircle Announces Continued Revenue Growth, Profitability and Expansion into Latin America



    SAN FRANCISCO, April 20 /CNW/ -- nCircle, the leader in automated
security and compliance auditing solutions, today announced revenue growth of
33% year over year for the quarter ending March 31, 2009. The results mark the
company's third consecutive quarter of profitability and kicks off the
company's eighth consecutive year of revenue growth. nCircle grew in all
regions during Q1, most notably in its Europe, Middle East and Africa (EMEA)
region with 235% growth year over year. nCircle also announced that it is
expanding its global footprint with new partners signed in Latin America.
    

    (Logo:  http://www.newscom.com/cgi-bin/prnh/20051214/SFW028LOGO)

    
    Complementing operations in EMEA, Asia Pacific and Australia, nCircle has
recently expanded into Latin America. nCircle signed partnerships with
Excelerate Systems in Mexico City, Mexico and with SEFISA which operates in
Guatemala, Honduras, Costa Rica and El Salvador. Excelerate Systems works with
the 40 largest enterprises in Latin America with geographic coverage in
Mexico, Brazil, Colombia, Puerto Rico, Argentina, Venezuela, Chile and Peru,
covering approximately 80% of Latin America's GDP. SEFISA has selected nCircle
to provide the infrastructure platform for its new Vulnerability Management
SaaS offering in addition to reselling nCircle Suite360 on-premise solutions
to customers in the region.
    

    
    "nCircle continues to demonstrate an innate ability to innovate and grow,
even through two recessions during the past decade," stated Abe Kleinfeld,
CEO, nCircle. "Our unrelenting commitment to developing forward-thinking
solutions that deliver high value to our customers continues to pay dividends
for our customers, partners, investors and employees."
    

    
    During Q1, nCircle Suite360(TM) continued to expand as the world's most
comprehensive suite for automated security risk and compliance auditing.
Recent highlights include:
    

    --  Suite360 Intelligence Hub(TM), nCircle's powerful IT governance, risk
        and compliance (ITGRC) analytics and reporting solution, now includes
        automated asset value assignment, saving valuable time and delivering
        an order of magnitude improvement in prioritizing security and
        compliance remediation tasks.
    --  Configuration Compliance Manager(TM) (CCM), the world's leading
        agentless configuration compliance management solution, now delivers
        support for virtualized environments enabling enterprises to audit
        hypervisors and virtual machines.
    --  WebApp360(TM) for web application scanning now features expanded
        coverage for OWASP Top Ten security flaws.
    --  nCircle's independent, agentless auditing solutions now scan for over
        25,000 conditions across global networks, enabling customers to
        discover, assess and remediate all networked assets to improve
security
        and achieve compliance.


    About nCircle Suite360
    
    nCircle provides the world's most comprehensive suite of solutions for
agentless security and configuration auditing. nCircle's solutions combine the
broadest discovery of networked systems and their operating systems,
applications, vulnerabilities and configurations with advanced analytics to
help enterprises reduce security risk and achieve compliance. nCircle's
solutions include IP360(TM) for vulnerability and risk management,
WebApp360(TM) for web application vulnerability auditing, Configuration
Compliance Manager (CCM)(TM) for configuration auditing and file integrity
monitoring, Certified PCI Scan Service(TM) for on-demand self-service PCI
scanning, and Suite360 Intelligence Hub(TM) for IT governance, risk and
compliance (ITGRC) reporting and analytics.
    

    About nCircle
    
    nCircle is the leading provider of automated security and compliance
auditing solutions. More than 4,000 enterprises, government agencies and
service providers around the world rely on nCircle's proactive solutions to
manage and reduce security risk and achieve compliance on their networks.
nCircle has won numerous awards for growth, innovation, customer satisfaction
and technology leadership. nCircle is headquartered in San Francisco, CA, with
regional offices throughout the United States and in London and Toronto.
Additional information about nCircle is available at www.ncircle.com.
    

    
    nCircle is a registered trademark of nCircle Network Security, Inc. All
other registered or unregistered trademarks are the sole property of their
respective owners.
    




    




For further information:

For further information: Shelley Boose of Shev Rush PR, +1-408-398-6987,
for nCircle Network Security, Inc. Web Site: http://www.ncircle.com

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NCIRCLE NETWORK SECURITY, INC.

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