Sygate Named To Red Herring 100 Top Private Companies

FREMONT, Calif. – May 11, 2004 – Sygate Technologies, the market leader of enterprise endpoint security solutions, today announced it has been named as one of the “Red Herring 100.” Red Herring 100 companies are the top private companies selected by the media company’s editorial team as those that have demonstrated outstanding achievements since their inception and represent the most instrumental players in leading the technology market. Conducting a thorough analysis of business models, size, profitability and technology, the Red Herring 100 has become the most prestigious list of its kind.

The Red Herring 100 recognition follows a succession of honors Sygate has received in the last year, strongly positioning the company to lead the security technology industry. Red Herring publisher Alex Vieux said the Red Herring 100 award has a tradition of identifying new and innovative technology companies and entrepreneurs. “At the Red Herring, we scour the industry to identify the best and brightest technology companies that are transforming the current markets and creating new ones,” said Vieux. “The Red Herring 100 is our annual list of the most promising private companies. Like Google, eBay, Salesforce.com, and other previous Red Herring 100 alumni, these 100 have the potential to become the next titans of technology.”

Red Herring editors carefully examined more than 500 private global companies´ business models, financials, and management teams. Red Herring’s unique approach of using both qualitative measurements and quantitative business metrics to assess a company´s potential sets it apart from other lists.

“Being chosen by the Red Herring as one of the top 100 private companies is a tremendous endorsement of our company, technology vision, and strategic approach to security solutions,” said John De Santis, CEO, Sygate. “As Sygate continues to set the standard for enterprise endpoint security, we are delighted to be recognized for our innovative technology and significant market success.”

Winners will be presented during the Red Herring Spring 2004 Conference to be held on May 18th – 20th in Monterey, California. A complete list of the Red Herring 100 Companies can be found at www.redherring.com/rh100.

About Sygate Technologies, Inc.
Sygate is the market leader of endpoint security solutions for the large enterprise. Using Sygate Secure Enterprise, the world’s largest organizations protect their networks, enforce business policies, and automate security practices to regain control of network security, reduce costs, and ensure compliance across the organization. Partnerships with industry leaders, including Hewlett Packard, Microsoft, Juniper Networks, Aventail, Nortel, Enterasys, Extreme Networks, and iPass, enable Sygate’s technology to operate seamlessly across multiple platforms and applications. Sygate Technologies is a privately held company headquartered in Fremont, California. For more information, please visit www.sygate.com or call (866) 308-8899.




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