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PerspecSys Honored as Gold Winner in the 4th Annual 2012 Golden Bridge Awards for Cloud Security Innovations

MCLEAN, Va.--(BUSINESS WIRE)-- PerspecSys Inc. has earned the prestigious Gold status in the Golden Bridge Awards for its Cloud Data Protection Gateway. The coveted annual Golden Bridge Awards program encompasses the world’s best in organizational performance, product and service innovations, programs and campaigns and executives and management teams from every major industry in the world. Organizations including public and private, for-profit and non-profit, and new start-ups are eligible to submit, and more than 40 judges representing a broad spectrum of industry voices participated. Winners were announced last evening at the Golden Bridge Awards dinner and presentation in San Francisco, California.

PerspecSys was chosen at the top winner by Golden Bridge in the Cloud Security Innovations category because its Cloud Data Protection Gateway eliminates two of the biggest barriers that prevent companies from embracing cloud computing: data security and control. The PerspecSys Gateway uses a unique, patent-pending combination of technology that lets enterprises and public-sector organizations secure sensitive data when using popular cloud applications such as Oracle CRM On Demand and Salesforce.com, and meet critical legal and industry data privacy and regulatory compliance requirements – a combination other cloud data security solutions cannot match.

The PerspecSys Gateway works by intercepting sensitive data while it is still on-premise, replacing the data with a random tokenized or encrypted value, rendering it meaningless should anyone outside of the company access the data while it is being processed or stored in the cloud. In addition, the PerspecSys solution offers the differentiated ability to preserve SaaS functionality – even when the data is tokenized or strongly encrypted – using encryption such as National Institute of Standards and Technology (NIST) listed FIPS 140-2 compliant modules. With PerspecSys, end users have access to features and functions such as ability to search and sort data, send email, and generate reports – even on sensitive data that has been obfuscated.

“PerspecSys is truly honored to be named a winner by the Golden Bridge Awards for our cloud data security solution,” said David Canellos, CEO of PerspecSys. “And we’re gratified to see the topic of cloud security at the forefront of these global business awards. As more and more enterprises and public sector organizations push toward cloud adoption, a majority of them are running into roadblocks when it comes to data security, residency and compliance. PerspecSys was created to remove those roadblocks and this award is recognition of our success to-date and the exciting opportunities ahead to help accelerate cloud adoption worldwide.”

About the Golden Bridge Awards

Golden Bridge Business and Innovation Awards are an annual industry and peers recognition program honoring the best companies in every major industry from large to small and new start-ups in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America. Awards categories include, Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns from all over the world. Learn more about The Golden Bridge Awards at www.goldenbridgeawards.com

About PerspecSys

PerspecSys Inc. is a provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted throughout the enterprise. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. PerspecSys accomplishes this for many large, heavily regulated companies across the world by never allowing sensitive data to leave a customer’s network, while maintaining the functionality of cloud applications. Based in Toronto, PerspecSys Inc. is a privately held company backed by leading investors including Intel Capital and GrowthWorks. For more information please visit www.perspecsys.com or follow on Twitter @perspecsys.

Racepoint Group
Brittany M. Falconer, 617-624-3242
perspecsys@racepointgroup.com

Source: PerspecSys Inc.