Europe's Largest Independent Supplier of Global Tourism Products
to the Travel Industry Chooses Citadel Hercules(R)
Vulnerability Management Solution
SAN JOSE, Calif., Feb. 15 /PRNewswire-FirstCall/ -- AT THE RSA CONFERENCE
-- Citadel Security Software Inc. (Nasdaq: CDSS), a leader in enterprise
vulnerability management and policy compliance solutions, announced today that
it has received an order from Gullivers Travel Associates (GTA), an (US)$800
million travel services firm based in the United Kingdom. This order further
expands Citadel's presence in the newly entered international marketplace.
The contract for Citadel's flagship product, Hercules, is expected to be
delivered during Citadel's first quarter of 2006.
"GTA is a household name in much of Europe. They consistently handle
sensitive customer data, and they've recognized the value of securing the most
vigilant vulnerability management solution available to protect that data --
Citadel's Hercules," said Steve Solomon, CEO, Citadel Security software. "We
look forward to furthering this important customer's success in enhancing the
security of its systems."
Travel organizations are often leaders in finding innovative and effective
means to minimize security risks and ensure an efficient way to audit policies
and track compliance. Hercules provides organizations an effective means of
protecting network assets against all five classes of vulnerabilities --
unsecured accounts, unnecessary services, misconfigurations, backdoors and
software defects -- across a multi-platform, multi-device environment.
With a library of over 25,000 tested vulnerability remedies across Windows
and UNIX platforms and interoperability with industry leading network scanners
and vulnerability assessment tools, Citadel provides businesses the ability to
avoid problems, resolve security issues in real time and cut down on the time
to remediation. Hercules permits the import and aggregation of vulnerability
data reported from multiple sources as well as the opportunity to review,
approve, customize resolutions and then systematically deploy vulnerability
remedies.
About Citadel Security Software Inc.
Citadel Security Software Inc. delivers security solutions that enable
organizations to manage risk, reduce threats and enforce compliance with
security policies and regulations. Citadel's proven architecture provides a
business process to manage the increasing volume, frequency and complexity of
cyber security attacks. Citadel combines the world's largest active library of
remediations spanning all classes of vulnerabilities with a proven delivery
methodology to dramatically streamline vulnerability management and security
compliance and provide ROI from the first use. Citadel solutions are used
across the Department of Defense, at the Veterans Administration, and within
other government and commercial organizations. For more information on
Citadel, visit http://www.citadel.com, or call 888-8CITADEL.
Safe Harbor/Forward-looking Statements:
This press release may contain forward-looking statements that are
intended to be subject to the safe harbor protection provided by Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These statements relate to future events or future financial
performance and involve known and unknown risks and uncertainties that may
cause actual results or performance to be materially different from those
indicated by any forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as "forecast," "may," "will,"
"could," "should," "anticipate," "expect," "plan," "believe," "potential" or
other similar words indicating future events or contingencies. Some of the
things that could cause actual results to differ from expectations are: the
economic and geopolitical environment; changes in the information technology
spending trends; the uncertainty of funding of government and corporate
information technology security projects; the variability of the product sales
cycle, including longer sales cycles for government and large commercial
contracts; the uncertainty that the company's prospective deals will result in
final contracts; the potential changes in the buying decision makers during a
customer purchasing cycle; the complexities in scope and timing for
finalization of contracts; the fluctuations in product delivery schedules; a
lack of Citadel operating history; uncertainty of product development and
acceptance; uncertainty of ability to compete effectively in a new market; the
uncertainty of profitability and cash flow of Citadel; intellectual property
rights and dependence on key personnel; economic conditions; the continued
impact of terrorist attacks, global instability and potential U.S. military
involvement; the competitive environment and other trends in the company's
industry; the effects of inflation; changes in laws and regulations; changes
in the company's business plans, including shifts to new pricing models that
may cause delays in licenses; interest rates and the availability of
financing; liability, legal and other claims asserted against the company;
labor disputes; the company's ability to attract and retain qualified
personnel; and the potential for adjustments to the amounts in previously
presented unaudited financial tables as a result of the completion of the
audit process. For a discussion of these and other risk factors, see the
company's Annual Report on Form 10-KSB for the year ended December 31, 2004
and the company's Quarterly Report on Form 10-Q for the quarter ended
September 30, 2005. All of the forward-looking statements are qualified in
their entirety by reference to the risk factors discussed therein. These risk
factors may not be exhaustive. The company operates in a continually changing
business environment, and new risk factors emerge from time to time.
Management cannot predict such new risk factors, nor can it assess the impact,
if any, of such new risk factors on the company's business or events described
in any forward-looking statements. The company disclaims any obligation to
publicly update or revise any forward-looking statements after the date of
this report to conform them to actual results.
Editors Note: Citadel is a trademark and Hercules(R) is a registered
trademark of Citadel Security Software.
SOURCE Citadel Security Software Inc.
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Related links: http://www.citadel.com
CONTACT: Robert Humphrey of Citadel Security Software Inc., +1-214-750-2438, rhumphrey@citadel.com; or Sandy Levine of Advice Unlimited, +1-301-924-0330, slevine@adviceunlimited.net, for Citadel Security Software Inc.
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