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Ottawa, Ontario, Canada, 06/24/2008 – Engate Technology Corporation, a leading anti-spam supplier and pioneer of next generation network profiling anti-botnet security solutions, today announced that it has been chosen by AlwaysOn as one of the 2008 OnHollywood Top 100 Private Companies. The OnHollywood 100 is a power list of the top private emerging technology companies. Engate was selected by the AlwaysOn editorial team along with a panel of venture capitalists, investment bankers and industry analysts, based on a set of five criteria -- innovation, market potential, customer adoption, media buzz and investor value creation.
"This year's OnHollywood 100 represents the brightest thought leaders in technology and it’s emerging companies like Engate where innovative solutions are born,” said Tony Perkins, founder and CEO of AlwaysOn. “This year we were inundated with nominations from leading companies, and it’s heartening to know that tomorrow’s technology visionaries are here today. My congratulations to Engate and each winner - these are the companies that we predict will have the greatest market traction, strongest innovation and most game-changing approaches this year.”
“We’re very pleased that the editors of AlwaysOn have selected Engate as one of the Top 100 Private Companies for 2008,” said Wil Cochran, CEO, Engate Technology. “AlwaysOn is a powerful media brand so this validation is a strong affirmation of our significant market potential, rapidly growing customer base, and emerging leadership in the anti-botnet and anti-spam market.”
Botnets are the Largest Online Threat Today
The business of botnets is fueling a $67.2 billion dollar cybercrime industry, according to FBI and Government Accountability Office (GAO) surveys. A botnet is a network of hacked computers (bots) that are controlled from a central computer, called a command-and-control (C&C) server, which are used to disseminate commands to the bots for nefarious purposes. Botnets are one of the most dangerous online security threats today where 40% of the 800 million computers unsuspectingly distribute spam, steal private data, launch crippling denial-of-service attacks, and spread new infections.
Engate’s Anti-Botnet Solution Stops Botnets with Industry-leading Accuracy
Engate has pioneered a permanent solution to the spam crisis by eliminating the ability of botnets and spammers to hide their true identity. As a “Map of the Internet”, Engate’s advanced network profiling technology delivers unprecedented real-time visibility into malicious sources from around the world. Engate’s anti-botnet solution employs patented network profiling, source verification, and anti-forgery techniques to identify and block email-borne botnet attacks in real-time and at the network level before the message is transmitted to the private email server and has a chance to compromise IT resources, drain network bandwidth, consume storage, and waste user productivity. Engate ensures preemptive and immediate protection against any creative tactic that may arise now or in the future.
OEMs Deliver the Highest Accuracy in the Market with Engate
With a leading vision of the email security market, Engate delivers incremental value to security software, appliance, router, firewall, and UTM vendors by augmenting their multi-layer security strategy with a deeper layer of anti-botnet security. Engate’s unique network profiling technology empowers OEM vendors to achieve industry-leading 99% accuracy with the lowest rate of false positives – improving customer renewals and competitive conversions.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Website at: onhollywood.goingon.com/.
About Engate Technology Corporation
Engate Technology Corporation is a leading anti-spam supplier and pioneer of next generation network profiling and connection management security solutions for service providers and enterprises, and can be licensed to anti-spam software, security appliance, router, firewall, and unified threat management vendors. The company’s flagship product, Engate MailSentinel™, delivers preemptive SMTP connection level protection against all messaging threats. Engate’s Network Profiling Connection Management technology may be extensible to other protocols, such as Instant Messaging and Internet Telephony, delivering the best safeguard for today’s and tomorrow’s threats.
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