Waterfall Security Solutions Continues to Expand Into the Oil and Gas Market

TEL-AVIV, Israel, July 12, 2010 /PRNewswire/ -- Waterfall Security Solutions Ltd (Waterfall) reported today that it has finalized an operational implementation at Petroleum & Energy Infrastructures Ltd (PEI), a leading oil products and infrastructure company.

PEI's Chief Information Officer commented that "Our networks and facilities are serving the nation's energy infrastructure. Providing real-time monitoring information out of these networks is an important business and operational need. Waterfall's Security Gateway, inherently supporting SCADA protocols and industrial applications, enables us to achieve this, without the risk."

Petroleum & Energy Infrastructures Ltd. is the leading corporation for oil products infrastructures in Israel. Fully owned by the Israeli government, the company provides state-of-the-art fuel oil infrastructure services to the country's entire energy market. Though serving a national mission, PEI is an economic entity that functions according to market forces and changing conditions in the international arena.

The company's activities span the full spectrum of infrastructure services, from export and import, to supply, storage and piping of fuel to all parts of Israel, as well as handling crude oil and refined products.

"We are happy to serve PEI's security and regulatory needs with our unique technology and solutions," said Lior Frenkel, Co-Founder and CEO of Waterfall Security Solutions. "Security risks for Oil and Gas infrastructures , facilities and pipelines are becoming more prevalent in the form of cyber terror and cyber threats. We see an increasing demand for our top security solutions from this market."

Waterfall's patented cyber security solutions enable Utilities and Infrastructures to fulfill their business needs of updating headquarters and other entities with real-time production information from the industrial networks, without exposing these networks to the risks and threats of cyber-attacks, cyber terror and hacking from the external, less secure networks.

About Waterfall Security Solutions:

Waterfall Security Solutions Ltd. is the leading provider of Unidirectional Security Gateways(TM) and data diodes for Control networks, SCADA systems, Remote Monitoring and Segregated Networks. Waterfall's security solutions assist Utilities and Critical Infrastructures to easily and comfortably achieve compliance with NERC-CIP, NRC, NIST and other regulations as well as cyber-security best practices.

Waterfall's products have been deployed in many utilities, critical national infrastructures, mission critical environments and homeland security agencies throughout North America, Europe and Israel. Waterfall's offerings include support to leading industrial applications, such as: OSIsoft PI(TM) Historian, GE Proficy(TM) iHistorian, the Siemens SIMATIC(TM) and the GE OSM(TM) remote monitoring platforms, and leading industrial protocols, such as: OPC, Modbus, DNP3 and ICCP. More information about Waterfall can be found in the company's website at: http://www.waterfall-security.com

    Waterfall contact information:
    Web: http://www.waterfall-security.com
    Tel: +1(646)727-7276
    Email: [email protected]

SOURCE Waterfall Solutions Ltd