[July 22, 2009] Fortify Software: Fortify Software Experiences Strong Second Quarter Tweet London.,, Jul 22, 2009 (M2 PRESSWIRE via COMTEX) -- Fortify Software, the market leader in Software Security Assurance solutions, today announced a strong close to the second quarter 2009 with its highest quarterly earnings to date. The quarter was marked by a 60 percent increase in revenue over the same quarter last year as well as continued customer growth company-wide. "Cyber security threats are greater today than ever," said Fortify CEO John M. Jack. "Companies are realizing that some of the worst data breaches they've witnessed to date are a result of hackers exploiting vulnerabilities in enterprise software. Fortify continues to provide our customers with market-leading technologies and security strategies to eliminate vulnerabilities in their enterprise and mitigate this risk." Highlights of the quarter include: Highest ever quarterly revenue, with a 60% increase in revenue over the same quarter 2008 Forty-nine new customer agreements with some of the country's leading businesses and government organizations, as well as continued expansion into the global financial services market Appointment of software security veteran, Pravir Chandra, as Director of Strategic Services, to further define Fortify's professional services strategy, training development, client service delivery and operations Release of Fortify 360 Version 2.0, Fortify's cornerstone software security suite, providing companies with a new dashboard for Software Security Assurance (SSA) Governance Release of Fortify's first two Software-as-a-Service (SaaS) offerings, Fortify Vendor Security Management and Enterprise Assessment Management, allowing companies to inspect the security of applications from commercial software vendors and deploy enterprise-wide basic security testing programs Strategic collaboration with HP to provide to help customers reduce their business risk by identifying, prioritizing and fixing critical security vulnerabilities across the application life cycle Additionally in Q2 Fortify hosted its first Executive Summit on cyber security with Former Secretary of State, Gen. Colin Powell, in Washington, D.C.The company was recognized by The Software & Information Industry Association (SIIA) with the CODiE Award for Best Software Testing Solution for its software security suite, Fortify 360. Fortify was also recognized by SC Magazine with the 2009 Readers Trust Award for Best Security Software Testing Solution. About Fortify Software, Inc. Fortify 's Software Security Assurance products and services protect companies from the threats posed by security vulnerabilities in business-critical software applications. Its software security suite-Fortify 360-drives down costs and security risks by automating key processes of developing and deploying secure applications. Fortify Software's customers include government agencies and FORTUNE 500 companies in a wide variety of industries, such as financial services, healthcare, e-commerce, telecommunications, publishing, insurance, systems integration and information management. The company is backed by world-class teams of software security experts and partners. CONTACT: Yvonne Eskenzi, Press Contact, Fortify Software, Inc Tel: +44 (0)20 71832 832 e-mail: [email protected] WWW: http://www.fortify.com ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected]. [ Back To TMCnet.com's Homepage ]