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Cyber-Ark Software Significantly Expands Reseller Network.


DEDHAM, Mass. -- Cyber-Ark Software Inc., the information security software company that develops and markets digital vaults for securing and managing highly-sensitive information within and across global enterprise networks, announced it has significantly expanded its reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers.  channel during the past twelve months. With the addition of 15 new dealers, Cyber-Ark is driving new sales volumes and increasing its presence throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . New resellers include GoSecure, Conexsys, Vigilar, Small World Technologies, Securetek, Network Plus, Global Network Security Consultants, IT Secur, Jacadis, Bright Plan IT, Stalwart Stalwart

A description of companies that have large capitalizations and provide investors with slow but steady and dependable growth prospects.

Notes:
The annual gain that would be viewed as the norm for investing in stalwarts is about 10% to 12%.
, PossibleNow, IST Secure, and United Technology Group.

Stringent governmental regulations and new information privacy legislation, along with a slew of highly publicized pub·li·cize  
tr.v. pub·li·cized, pub·li·ciz·ing, pub·li·ciz·es
To give publicity to.

Adj. 1. publicized - made known; especially made widely known
publicised
 network breaches, have enterprises seeking unparalleled levels of information security. Companies across a range of industries, from banking and finance to pharmaceutical sectors, are investing in Cyber-Ark's Vaulting vaulting

Gymnastics exercise in which the athlete leaps over a form that was originally intended to mimic a horse. At one time, the pommel horse was used in the vaulting exercise, with the pommels (handles) removed.
 Technology to manage and secure sensitive data throughout the information lifecycle. The company's solutions create safe havens Safe Havens is a comic strip drawn by cartoonist Bill Holbrook and syndicated by King Features Syndicate. Started in 1988, the strip is currently published in more than 50 newspapers.  that allow enterprises to both protect and share information over the Internet between discrete enterprises and manage critical information and passwords within a single network.

Cyber-Ark's strong reseller channel provides organizations across North America with expertise and local support for solving their most taxing security concerns. "Our reseller program is running full force," said Udi Mokady, founder, President and COO (Cell Of Origin) See mobile positioning.  of Cyber-Ark. "It's opening up more and more doors for our company, bringing our Vaulting solutions to a vast audience and securing the most critical data within enterprise organizations."

Some of Cyber-Ark's recent channel partners had the following to say about Cyber-Ark:

"Giving out super user passwords is a necessity for many companies," said Larry Bantle, President of Conexsys Communications. "But if those passwords are misused mis·use  
n.
Improper, unlawful, or incorrect use; misapplication.

tr.v. mis·used, mis·us·ing, mis·us·es
1. To use incorrectly.

2. To mistreat or abuse. See Synonyms at abuse.

Adj.
 or fall into the wrong hands, it leaves the organization immensely vulnerable. Cyber-Ark alleviates these concerns with a very secure repository for passwords and password objects, combined with a centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 password manager A password manager is software that helps a user organize passwords and PIN codes. The software typically has a local database or files that holds the encrypted password data. . Companies are taking considerable risk if they don't have a system like this in place."

"Cyber-Ark complements traditional identity management solutions," said Bill Cooper, President of Stalwart Systems Group. "Cyber-Ark's solutions have been built to allow customers to integrate their existing Identity Management solution into the Vaulting Technology and also increases this investment by providing administrative password protection."

"Sarbanes-Oxley regulations are giving risk managers the power to acquire technology for controlling access rights," said Chris Piecukonis, VP of Sales of Networks Plus Technology Group. "Cyber-Ark's Vaulting Technology gives executives the ability to demonstrate that they have strong measures in place to protect critical information--a key component of Sarbanes-Oxley compliance."

Cyber-Ark invests considerable resources to ensure the success of its channel partners. Cyber-Ark's reseller network provides both parties with significant presence in the market through joint Webinars, industry roundtables and education and training.

"It is imperative that we continue to grow these relationships and provide secure solutions that our customers and partners can trust," said Ron Zoran, Senior Director, Channels for Cyber-Ark. "This will also help broaden our scope of prospects through the existing relationships our resellers have. Being able to show our joint successes is a priority for me as we head into 2006 - showing the value Cyber-Ark brings to its partners will elevate el·e·vate  
tr.v. ele·vat·ed, ele·vat·ing, ele·vates
1. To move (something) to a higher place or position from a lower one; lift.

2. To increase the amplitude, intensity, or volume of.

3.
 the education of Vaulting solutions. "

Cyber-Ark and its resellers are working in partnership to educate businesses about this alternative approach to data security. The companies are participating in co-marketing activities to help companies solve the challenges of securing electronic information.

About Cyber-Ark

Cyber-Ark Software is an Information Security company that develops and markets digital vaults for securing and managing sensitive information within and across global enterprise networks. Based on it's patented Vaulting Technology(TM), Cyber-Ark's digital vault vault, ceiling over a room, formed in any one of a variety of curved shapes. Nature of Vaults


A vault is generally composed of separate units of material, such as bricks, tiles, or blocks of stone, so shaped or cut that when assembled they form a
 products include: The Inter-Business Vault, a secure infrastructure for cross-enterprise data exchange of highly-sensitive information; The Sensitive Document Vault, which allows enterprises to secure, store and manage highly-sensitive documents; and the Enterprise Password Vault, which provides solutions for secure storage and management of administrative, emergency and service account passwords. Today Cyber-Ark enjoys strong customer relationships with more than 150 Global 1000 companies around the world.

Founded by a group of leading military security experts and computer engineers, Cyber-Ark Software is privately held and backed by some of the world's most successful venture capitalists Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
, including Jerusalem Venture Partners, Seed Capital Partners (a SOFTBANK Affiliate), JP Morgan/Chase Partners and Vertex Management.

The Company is located in Dedham, Mass. and on the World Wide Web at www.cyber-ark.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 31, 2006
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