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Aveska named Red Herring 100 North America Award Winner

05.19.2008
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WALTHAM, MA – May 19, 2008 – Aveksa, Inc. (www.aveksa.com), the market-leading provider of enterprise access governance solutions, today announced that it has been recognized by Red Herring as one of the top 100 private technology companies in North America. Companies named to the 2008 Red Herring 100 North America list were selected on the basis of technology innovation, quality of management, breadth of partners and customers, and depth of financial backing.

“Having received more than 800 submissions, it is clear that we are witnessing a new outburst of creativity,” says Joel Dreyfuss, editor-in-chief of Red Herring. “With venture capital flowing again, it’s exciting to see technology innovators and business investors collaborate to create disruptive technologies. The Red Herring 100 North America companies are impressive up-and-comers, and definitely the ones to watch.”

“The Red Herring 100 has a noteworthy history of recognizing industry-changing companies, and Aveksa is honored to be among this year’s list of winners,” said Arun Oberoi, CEO of Aveksa. “This recognition provides strong validation for the efforts of our company in delivering innovative solutions to address the business risks associated with providing users access to information resources. Aveksa was the only enterprise access governance vendor among the winners, which further validates our leadership position in this space.”

Red Herring’s annual lists of top private companies are an important part of its tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work. This year’s winners were announced at Red Herring’s annual North America conference in San Jose, Calif.

Last month, Aveksa was also named a Laureate by the Computerworld Honors Program and a Northeast 100 Top Private Company award winner by AlwaysOn.

About Aveska

Aveksa provides the most comprehensive, enterprise-class, access governance, risk management and compliance solution. Aveksa automates the monitoring, reporting, certification and remediation of user entitlements and roles; enables role discovery and lifecycle management; and delivers unmatched visibility into the true state of user access rights. With Aveksa, business, security and compliance teams can effectively collaborate and enforce accountability. Our growing customer base includes leading global Fortune 2000 organizations in financial services, healthcare, retail, transportation and manufacturing. For more information, go to www.aveksa.com.

About Red Herring

Red Herring is a global media company which unites the world.s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

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