BindView Expands Government Team as Federal, State and Local Agencies Move to Secure IT Infrastructures.Business Editors/High-Tech Writers HOUSTON--(BUSINESS WIRE)--Jan. 29, 2003 New Federal Sales Director and Security Consulting Partner Support Growing Momentum in Government Sector BindView Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BVEW BVEW Binary View ), a leading provider of security management solutions, announced the addition of Peter G. Otis as director of federal sales, reporting to David Flame, vice president sales and field operations for the Americas, and a partnership with DynTek, Inc. (NASDAQ: DYTK), a leading provider of security consulting and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to U.S. state and local government. These moves expand BindView's presence within federal, state and local government agencies. According to IDC's December 2002 North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Internet Security Spending Report, security has taken center stage in government IT priorities. The report indicates that the federal government is planning a 56 percent increase in spending on IT security technology to reach $4.2 billion in 2003, from $2.7 billion in 2002. BindView's product families, including bv-Control, bv-Admin and Policy Center, provide comprehensive security solutions that help government agencies and organizations secure their systems and attain full compliance with security regulations. "Spending reports and compliance initiatives point to a significant market opportunity for security vendors," stated David Flame at BindView. "In Peter Otis, we have found the leadership and experience needed to continue our momentum and sustain growth in our government sector business. His efforts are further supported by BindView's award-winning solutions, which were first to be certified by the Joint Interoperability Test Command The Joint Interoperability Test Command (JITC) is a United States military organization that tests technology that pertains to multiple branches of the armed services and government. There is a facility in Fort Huachuca, Arizona and in Indian Head, Maryland. (JITC JITC Joint Interoperability Test Command (formerly Joint Interoperability Test Center) JITC Joint Interoperability Test Center (obsolete; now Joint Interoperability Test Command) ) under the Security Technical Implementation Guide A Security Technical Implementation Guide or STIG is a methodology for standardized secure installation and maintenance of computer software and hardware. The term was coined by DISA who creates configuration documents in support of the United States Department of Defense (STIG)." Otis joins BindView's office in the federal district bringing 12 years of government sales and management leadership to the team. Prior to BindView, Otis was vice president and senior federal sales executive at Intrusion, Inc., an intrusion detection and vulnerability assessment provider, and also tenured ten·ured adj. Having tenure: tenured civil servants; tenured faculty. Adj. 1. tenured with American Systems Corp and LTV LTV See: Loan-to-value ratio Aerospace. DynTek Partnership Aids State and Local Agencies with FISMA FISMA Federal Information Security Management Act of 2002 FISMA Federal Information System Management Act Compliance As federal agencies continue their push to eliminate system vulnerabilities, state and local agencies are also being required to ensure compliance with security threat prevention regulations such as the Federal Information Security Management Act (FISMA). BindView announced today a relationship with security services provider DynTek to jointly deliver solutions for compliance. "State and local governments are queuing priorities to lock down their IT infrastructures," said Michael Stoeger, director of alliance partnerships for BindView. "Combining BindView's leading security-management technology with DynTek's security-consulting and government expertise, yields a comprehensive solution that can be scaled and tailored to the unique needs of agencies, helping to protect them against ever-evolving external and internal security threats." DynTek and BindView will jointly conduct a free Webinar, March 11, at 9:00AM Central Standard Time, titled "Security Policy and Compliance Measurement." The partners will also launch a series of in-depth workshops on the same topic to be conducted in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Sacramento, Detroit, and Austin in March. For registration information visit BindView's website at www.bindview.com. "Partnering with BindView is a fantastic opportunity for our organization and enhances our value proposition to our customers," said Denny Denniston, DynTek's senior vice president of business development. "Together, we offer state and local governments a best-in-class approach to securing their information-technology systems and applications, including comprehensive solutions for vulnerability assessment, configuration management, policy creation, enforcement and verification." About DynTek DynTek is a premier provider of technology and management solutions to the state and local government sector. The company offers a comprehensive solution, which includes consulting, security, systems integration, application development, legacy integration, support and management services. DynTek's solution has enabled major government entities in 17 states to enhance customer service, increase efficiency and improve access to government functions. DynTek's highly experienced vendor-certified technical consultants and accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. security professionals assist IT managers with a sensible, affordable plan to protect their networks and systems from both electronic and physical security threats. The company's security services include external and internal penetration testing, network risk assessments, remediation services and prevention strategies. For more information, visit www.dyntek.com. About BindView Corporation BindView Corporation, the worldwide leader in providing host-based vulnerability assessment software, delivers proactive security management solutions to help safeguard computer systems and networks from security breaches before they occur. Unlike traditional approaches, the company's solutions work from the inside out to help protect business systems from both internal and external threats, thus reducing business risks. BindView's suite of cross-platform software and associated services help secure, automate and reduce the costs of managing information technology infrastructures. More than 20 million licenses of our solutions have been shipped worldwide to approximately 5,000 companies, including more than 80 of the Fortune 100 and 24 of the largest 25 U.S. banks. Contact BindView via e-mail at info@bindview.com or visit BindView's World Wide Web Site at http://www.bindview.com. BindView can also be reached at (800) 749-8439 or at (713) 561-4000. Statements in this news release not based on historical fact are "forward-looking" statements pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results could differ materially because of factors such as the demand among state- and federal-government customers for products and services of the kind described in the release and the availability of government funds for purchasing such products and services. Other such factors include the risk factors and other matters described from time to time in BindView's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filings, Form 10-Q Form 10-Q See 10-Q. filings, and other periodic filings with the Securities and Exchange Commission. Editors Note: BindView product names used in this document are trademarks, which may be registered in one or more jurisdictions, of BindView. The names of products of other companies mentioned in this document, if any, may be the registered or unregistered trademarks of the owners of the products. |
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