VW Credit, Inc. Chooses Watchfire's AppScan(R) to Lock Down Web Application Security; As Web Becomes Critical Tool for Automobile Financing, VW Credit, Inc. Takes Proactive Security Measures to Ensure Safety of Consumers and Dealers.

WALTHAM, Mass. -- Watchfire, the market-leading provider of Web vulnerability assessment software and services to help ensure the security and compliance of Websites, today announced that VW Credit, Inc., a wholly-owned subsidiary of Volkswagen of America, Inc., has chosen the Watchfire(R) AppScan(R) Web application vulnerability testing tool to lock down Website security.

"We are dramatically increasing our presence on the Web, making financing more convenient and efficient for VW Credit, Inc. customers and dealers alike, and security is a primary thought in every application we deploy," said Terry McCarthy, information risk manager for VW Credit, Inc. "Watchfire's AppScan is invaluable in its ability to not only catch security defects that could present a vulnerability before we go live with new Web applications, but it also audits our live Websites for new vulnerabilities and compliance reporting."

VW Credit, Inc.'s Web infrastructure provides financing for Volkswagen, Audi and Bentley vehicles, and contains customer-facing applications--many of which collect personal information such as loan application forms. In a competitive evaluation, VW Credit, Inc. selected AppScan over other tools because of the strength of the AppScan custom and compliance reporting, its comprehensive vulnerability assessment and remediation capabilities, in addition to its ability to integrate with VW Credit, Inc.'s internal processes. VW Credit, Inc. leverages AppScan, the industry's leading Web application vulnerability testing tool, throughout the entire application development lifecycle, from development to deployment and ongoing security audits.

AppScan identifies security vulnerabilities and provides comprehensive remediation tasks to address risks before they can become a security problem. This allows VW Credit, Inc. to validate Web application quality for new levels of security confidence, while also helping to ensure compliance. In addition, AppScan integrates smoothly with VW Credit, Inc.'s existing security processes and technology, including custom security and regulatory compliance reporting.

VW Credit, Inc. also uses AppScan to help with regulatory compliance. Regulations such as the Gramm-Leach Bliley Act (GLBA) require financial institutions to design, implement and maintain safeguards to protect customer information. AppScan scans Web applications within VW Credit, Inc.'s infrastructure, tests for security issues and provides actionable reports and recommendations to protect against the latest vulnerabilities and hacking techniques. AppScan assesses the level of vulnerability in Web applications so VW Credit, Inc. can be proactive in fixing new vulnerabilities, and provides auditing and reporting capabilities required by law.

"VW Credit, Inc. is a prime example of a financial corporation that puts a priority on security and privacy, building proactive measures into every step of application development to ensure the strongest customer and data protection," said Michael Weider, CTO, Watchfire. "VW Credit, Inc. clearly understands the importance of threat mitigation, and has put the processes and technology in place to identify, understand and rectify online risk with the strongest Web application security."

AppScan is the industry's first and leading Web application security testing tool, and the only one to provide comprehensive remediation tasks at every level of the application. The product's scanning capabilities, Zero-Day vulnerability updates, Configuration Wizard and actionable fix recommendations all combine to simplify ease of use, enhance user productivity, facilitate security compliance and protect the Web application infrastructure.

About VW Credit, Inc.

VW Credit, Inc. (VCI), a wholly owned subsidiary of Volkswagen of America, Inc. (VWoA) was founded in 1981 to function as the financial service arm of VWoA and is affiliated with Audi of America, Inc. and Bentley Motors, Inc. VCI, a captive finance company, services Volkswagen, Audi and Bentley customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit, Audi Financial Services and Bentley Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States and Canada.

About Watchfire

Watchfire provides Online Risk Management software and services to help ensure the security and compliance of Websites. More more than 500 enterprises and government agencies, including AXA Financial, SunTrust, HSBC, Vodafone, Veterans Affairs and Dell rely on Watchfire to audit and report on issues impacting their online business. Watchfire has been the recipient of several industry honors including the HP/IAPP Privacy Innovation Award, InfoSecurity Product Guide's Hot Security Company 2006, Computerworld's Innovative Technology Award, and "Recommended" rating by Computer Reseller News. Watchfire was named by IDC as the worldwide market-share leader in Web application vulnerability assessment software. Watchfire's partners include IBM Global Services, PricewaterhouseCoopers, TRUSTe, Microsoft, Interwoven, EMC Documentum and Mercury. Watchfire is headquartered in Waltham, MA. For more information, please visit www.watchfire.com.

Watchfire, WebXM, AppScan, PowerTools, the Bobby Logo and the Flame Logo are trademarks or registered trademarks of Watchfire Corporation. All other products, company names, and logos are trademarks or registered trademarks of their respective owners.