Segue Software and Security Innovation Collaborate to Optimize Software Quality and Minimize Security Defects.
The security vulnerability of software applications is reaching epidemic levels. Common practices such as focusing on network security or performing cursory security testing are not enough to protect businesses from security breaches. That is why Segue Software (NASDAQ-SCM: SEGU), the leader in software quality optimization(TM) (SQO(TM)), and Security Innovation, the leading independent provider of application security services, today announced a joint solution enabling organizations to develop secure, high quality software applications. The solution is composed of Segue's industry-leading SQO solutions and Security Innovation's application security testing and training services.
Many organizations mistakenly assume that network security measures will curb the majority of attacks that take place against corporate systems. However, industry research has shown that nearly 70 percent of all attacks are against the application layer and not the network layer. Segue provides proven technology and expertise in testing for and identifying software defects and raising overall software quality. Security Innovation brings unmatched expertise in security defect testing and application security training. Together, Segue Software and Security Innovation can offer organizations an end-to-end solution for software and security defect testing and remediation, resulting in higher-quality, more secure applications. As a result, customers can reduce the number of security events, such as identity theft, data loss and network outages that tarnish public image and increase legal and compliance risk.
Segue is dedicated to delivering quality optimization solutions that ensure the accuracy and performance of enterprise applications throughout the entire software lifecycle. Traditionally, Segue's solutions accelerate the deployment of high-quality applications by integrating and promoting collaboration and information flow among all development, quality assurance and production stakeholders. Segue's solutions can also be extended to manage security testing issues.
Security Innovation's global customer base relies on the company's unparalleled security expertise in systematically analyzing the highly complex and layered applications dominating today's IT environments for possible sources of security vulnerabilities. The company also delivers custom and proven training to software developers on how to properly build and test applications before they are brought to market. Security Innovation is the first and only company to research and publish a methodology for finding security defects in software.
"Application security is a very challenging problem that directly impacts software quality; an application can perform perfectly - but still be very vulnerable to security threats. Security testing requires specialized knowledge, tools and expertise in order to adequately ensure an application is ready for full deployment," said Andre Pino, chief marketing officer, Segue Software. "We see a clear trend toward security testing falling more and more under the quality assurance umbrella. Together with Security Innovation, we can provide a comprehensive quality solution - encompassing security assessment - to our mutual customers."
"We are in the middle of a major shift in the decision-making process for end-user organizations as it pertains to buying or deploying an application," said Ed Adams, chief executive officer, Security Innovation. "It used to be that features were king and security was an afterthought during development and purchasing. Today, security is a deal breaker--a reality that has sent software vendors scrambling for ways to produce more secure applications. Together with Segue, we are offering a complete way for organizations to solve their traditional software quality and testing problems, while extending their capabilities to areas like secure coding, security vulnerability testing and security defect remediation."
The two companies will demonstrate the combined solution for customers during Security Innovation's annual Security Testing Challenge to be held at StarEast, on May 18-19. Segue's testing solutions will be in use at the Security Testing Challenge, demonstrating how security testing can be managed as part of an overall software quality assurance testing initiative.
About Segue Software
Segue Software, Inc. (NASDAQ-SCM: SEGU) is a global expert in delivering solutions to define, measure, manage and evolve software quality throughout the entire software application lifecycle. Segue's Quality Optimization (SQO) solutions help companies reduce business risk, ensure the deployment of high quality software and increase return on investment. Leading businesses around the world, including many of the Fortune 500, rely on Segue's innovative Silk family of products to protect their business service levels, competitive edge and brand reputation. Headquartered in Lexington, Mass., with offices across North America and Europe, Segue can be reached at +1-781-402-1000 or http://www.segue.com.
About Security Innovation
Security Innovation, Inc., is the leading independent provider of application security services. Dozens of leading organizations, including Aladdin, Harris Corporation, IBM, ING, Microsoft, SAIC, SAP, Symantec, VeriSign and a number of government agencies, rely on Security Innovation's expertise in application security testing and training to develop, evaluate and deploy more secure applications. More than 60% of the company's staff holds advanced degrees in computer science with 30% at the PhD level. The company is headquartered in Boston, Mass., with technical labs in Melbourne, Fla., Bozeman, Mont. and Brussels, Belgium. For more information about Security Innovation, visit www.securityinnovation.com or call +1.978.694.1008.
Segue, SilkTest and SilkPerformer are registered trademarks and Software Quality Optimization, SQO, SilkCentral and SilkElite are trademarks of Segue Software, Inc. All other marks are the property of their respective owners.
This Press Release may contain statements that are "forward-looking" statements under the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of the words "believe", "expect", "anticipate", "intend", "estimate", "assume", "outlook", "will", "should", and other expressions which predict or indicate future events and trends and which do not relate to historical matters. You should not rely on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors, some of which are beyond the control of Segue. These risks, uncertainties and other factors may cause the actual results, performance or achievements of Segue to be materially different from the anticipated future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements were based on information, plans and estimates at the date of this press release, and we do not promise to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes.
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|Date:||May 11, 2005|
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