ArcSight Ranked Seventh in Deloitte Technology Fast 50 Program for Silicon Valley Software and Information Technology Companies
CUPERTINO, CA -- (MARKET WIRE) -- 11/10/08 -- ArcSight, Inc. (NASDAQ: ARST), a leading global provider of compliance and security management solutions that protect enterprises and government agencies, today announced it has been ranked seventh in the Deloitte Technology Fast 50 Program for Silicon Valley Software and Information Technology (IT) companies. ArcSight is the highest-ranking company named that continuously monitors for compliance violations, policy breaches, cybersecurity attacks and insider threats to protect corporate and government assets. It does this through its industry leading Security Information and Event Management (SIEM) solution. The Deloitte program recognizes the 50 fastest-growing software and IT companies in Silicon Valley, based on the percentage of revenue growth from the fiscal year ended 2003 to 2007.
This year's Silicon Valley Technology Fast 50 program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services - A Wells Fargo Company.
"Our growth is due to the market's strong response to our ArcSight ESM software platform, which solves a broad range of security issues across multiple markets by protecting the business, including the perimeter, network, computing infrastructure, business applications, data and users," said Tom Reilly, president and CEO of ArcSight. "Today, ArcSight products are used by or for more than 1,200 organizations to rapidly identify, prioritize and respond to compliance violations, policy breaches, cybersecurity attacks and insider threats."
"To rank on the Deloitte Technology Fast 50, companies must have strong revenue growth over five years," said Mark Jensen, managing partner, National Venture Capital Services, Deloitte & Touche LLP. "ArcSight has proven to be one of the fast-growing success stories in Silicon Valley, and we applaud their dedication to making their vision a reality."
To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in fiscal year 2003 and $5,000,000 in fiscal year 2007, be headquartered in the San Francisco Bay Area, and be a company that owns proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology or intellectual property in a unique way does not qualify.
About ArcSight
ArcSight (NASDAQ: ARST) is a leading global provider of compliance and security management solutions that protect enterprises and government agencies. ArcSight helps customers comply with corporate and regulatory policy, safeguard their assets and processes, and control risk. The ArcSight platform collects and correlates user activity and event data across the enterprise so that businesses can rapidly identify, prioritize, and respond to compliance violations, policy breaches, cybersecurity attacks, and insider threats. For more information, visit www.arcsight.com. (ARST-IR)
© 2008 ArcSight, Inc. All rights reserved. ArcSight and the ArcSight logo are trademarks of ArcSight, Inc.
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