SailPoint Triples Global 1000 Customer Base in 2009

AUSTIN, Texas, Feb. 2 /PRNewswire/ -- Global 1000 companies are placing more focus on managing IT risk related to identity data and ensuring corporate compliance, and many of them are turning to SailPoint IdentityIQ™ for their enterprise-wide identity governance needs. As a leader in this fast-growing market segment, SailPoint closed consecutive record-breaking quarters and tripled its customer base in 2009. SailPoint's marquee customer list now boasts 23 Global 500 companies, including: seven top tier global banks; two of the world's biggest property and casualty insurers; the largest global telecommunications provider; three of the top four U.S. managed healthcare providers; and two of the largest healthcare and biotechnology manufacturers in the world.

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"Last year, in the midst of a global recession, identity governance and risk management became an even higher priority for companies," said Mark McClain, CEO and cofounder of SailPoint. "Throughout the year, we strove to alleviate the pain companies are feeling as they try to address regulatory demands and mitigate security breaches; and they are trying to do this with reduced IT budgets and limited resources. As 2010 begins, we remain committed to delivering innovative solutions to our customers, and are focused on ensuring their ongoing success."

During 2009, SailPoint shipped IdentityIQ 4.0, which provides a business-friendly environment that makes it easy for business and IT staff to work together to create and customize business processes for identity management and then map IT controls to them. The company also began offering 30-Day Identity Risk Assessments, which provide companies with a consolidated view of user access across target applications and highlight areas of identity risk for increased scrutiny. SailPoint also introduced a broader range of deployment options, including a virtual appliance and a menu of managed services to streamline and simplify the process of buying, implementing and managing identity management solutions for companies.

Also in 2009, SailPoint was named to the InformationWeek Startup 50, a list of the top 50 emerging business technology companies. The Startup 50 companies were chosen by end user voting and InformationWeek's analysis of the company's ability to address critical challenges facing large enterprises, including securing networks, cutting costs and streamlining IT operations and business processes. Additionally, Info Security Product Guide named SailPoint IdentityIQ the winner of the 2009 Global Product Excellence award in Identity Governance. This Customer Trust award is also based on end user votes, and honors innovation and quality in information security products.

About SailPoint

SailPoint's award-winning identity governance software, SailPoint IdentityIQ™, helps organizations gain control over user access to critical systems and data, streamline costly IT compliance processes and reduce the risks of fraud, corporate data loss or theft and failed audits. SailPoint's customers are Global 1000 organizations, including 5 of the world's top 10 banks and some of the largest consumer, healthcare, insurance, manufacturing, and telecom companies. Founded in December 2005, SailPoint is based in Austin, Texas.

SailPoint, the SailPoint logo, IdentityIQ, and all techniques are trademarks or registered trademarks of SailPoint Technologies, Inc. in the U.S. and/or other countries. All other products or services are trademarks of their respective companies.

SOURCE SailPoint