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File Security Innovator FinalCode Designated a 2015 'Cool Vendor' by Gartner

SAN JOSE, Calif., June 2, 2015 (GLOBE NEWSWIRE) -- FinalCode, Inc., the innovator in enterprise file security for a connected world, announced today it has been named a 'Cool Vendor' by Gartner, Inc. Each year, Gartner offers Cool Vendor designation to select companies in several different technology classifications that offer innovative, impactful and intriguing solutions in their industry.

"It is a great honor that FinalCode is included in the Gartner 2015 Cool Vendor report, as I consider the inclusion a confirmation of our unique value proposition of providing IRM control that includes physical deletion of files whenever and wherever they go," said Toshio Dogu, founder and CEO of Digital Arts. "FinalCode has a great opportunity to finally solve long-standing issues around file sharing and security for small business, enterprises and government agencies."

Among Gartner's key findings in the Cool Vendor report* was that, "Digital documents are very easy to share, but once you share them, you lose all control over who else might receive them, which is a big problem. With the right cloud-based tools, you can both distribute documents easily and control their distribution." In addition, the report recommends, "Departmental managers must recognize the opportunities and risks in document-centric cloud services. Teams and individuals will find them a very quick and easy way to manage company information, but you must work with the IT organization to prevent them from creating security risks and a confusing mess that others will be left to clean up."

"Companies need next-gen defenses and audit-capable measures to reduce data leakage risks concerning shared files that have sensitive, confidential and regulated data," said Gord Boyce, CEO of FinalCode, Inc. "I believe being named a 2015 Cool Vendor by Gartner affords FinalCode recognition of our innovative approach, which enables organizations to readily protect and gain greater usage control over files being shared internally and through cloud-based storage and collaboration platforms."

FinalCode is the name for both the file security platform and the Silicon Valley-based company that is bringing the solution to the global market. FinalCode's innovative file security platform is designed to enable businesses to easily and comprehensively protect their shared sensitive files wherever they go within and outside their network – a well-known, global and enormous exposure for data leakage, compliance, reputation and liability risk. The solution provides seamless encryption and extensive usage controls including the ability to remotely delete files, while integrating within a user's existing file sharing workflow and allowing the user to work in the application they are accustomed to.

Since the solution works with a company's existing enterprise content management, cloud-based file storage and collaboration systems, FinalCode is currently building its network of channel partners that will help introduce their solution to the market. The company is also developing strategic partnerships with leading ISVs in specialized application and file collaboration markets.

* 2015 report by Gartner, Inc., "Cool Vendors in Print and Imaging," Published 23 April 2015. Analyst(s) Michele C. Caminos, Ken Weilerstein, Tomoko Mitani.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About FinalCode, Inc.

FinalCode offers organizations the ultimate means to secure sensitive files wherever they go within and outside the corporate network. Available as a SaaS, virtual appliance or hybrid offering, FinalCode delivers enterprise-grade file security that works with popular applications, file storage, devices, cloud and content management systems and across all communication channels: trusted, untrusted, private or public. The solution allows for user-defined and corporate policy-enforced file security with an extensive array of granular controls and the ability to remotely delete files. The company's patented CryptoEase™ technology streamlines file security and encryption processes without requiring the user to remember passwords, and by dramatically reducing key management overhead, makes implementation of FinalCode rapid and scalable. Headquartered in San Jose, California, FinalCode offers its solutions through its global network of authorized partners. Learn more at http://www.finalcode.com.

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©2015 FinalCode, Inc. is a privately held Delaware corporation. FinalCode, CryptoEase and the FinalCode logo, are trademarks or registered trademarks of FinalCode. Other names mentioned may be trademarks of their respective owners.

CONTACT: Media contact: Deb Montner Montner Tech PR 203-226-9290 dmontner@montner.com

Source: FinalCode