Reston, VA and Burlington, Mass. – September 28, 2009 – PlaSec, innovator of physical access control solutions, and Veracode Inc., provider of the world’s leading Application Risk Management Services Platform, today announced that the PlaSec Collaborative Platform version 1.9 has received the VerAfied security mark. This achievement demonstrates that PlaSec has taken due care in developing secure software which has been independently evaluated for vulnerabilities against industry standards such as the OWASP Top 10 and SANS-CWE Top 25.

PlaSec’s Collaborative Platform is the only physical access control solution to earn the VerAfied security mark, providing independent verification of PlaSec’s code and quantifying application security risk in the application. The PlaSec Collaborative Platform enables convergence between physical access and native IT security applications resulting in a greatly simplified and cost-effective solution. PlaSec’s products form the basis for enterprise and government physical access control policies and customers can be assured of the security of this key component of their access programs.

“The VerAfied security mark demonstrates our continued commitment to providing secure access control solutions,” said Terry Neely, Founder and President of PlaSec. “Implementing an application security program with Veracode lowers our operational costs by embedding security into the product. Customers trust us to secure their critical physical access infrastructure and require proof that our solutions are secure. Veracode enables us to demonstrate that our software has been independently assessed against industry standards for software assurance.”

“Customers are demanding independent proof that the software they are purchasing is secure,” said Matt Moynahan, CEO of Veracode. “Given the rapidly growing threat posed by insecure software, PlaSec has established a leadership position in the market by demonstrating the security quality of their solution through Veracode’s SecurityReview® service. Customers have a choice when making software purchasing decisions and achieving the VerAfied security mark provides a unique differentiator for PlaSec and shows their deep commitment to responding to an increasingly important customer concern.”

The VerAfied security mark is a quality indicator for the security level of applications and software components. Achievement of the VerAfied mark validates the software provider’s commitment to improving software security. Veracode’s ratings are independent, completely transparent and based on industry accepted standards for software assessment from NIST, CWE and CVSS against vulnerability benchmarks such as the OWASP Top 10 and CWE-SANS Top 25.

A listing of software vendors who have achieved the VerAfied mark is available at:

http://www.veracode.com/ratings

About Veracode

Veracode provides the world’s leading Application Risk Management Platform. Veracode SecurityReview‘s patented and proven cloud-based capabilities allow customers to govern and mitigate software security risk across a single application or an enterprise portfolio with unmatched simplicity. Customers include the world’s largest and most security aware organizations in every industry. Recognized as a Gartner “Cool Vendor,” The Wall Street Journal’s “Technology Innovation Award,” The Banker’s “Information Security Project of the Year” with Barclays, SC Magazine’s “Best Vulnerability Assessment Solution,” Information Security “Readers’ Choice Award,” and AlwaysOn Northeast’s “Top 100 Private Company,” Veracode is Software Security Simplified™. For more information, visit www.veracode.com.

Beth Cossette
Lois Paul & Partners
781-782-5715 Beth_Cossette@lpp.com