Bob Heard, founder, president and CEO of CREDANT Technologies, was named Ernst & Young Entrepreneur Of The Year® 2005 in the Realizing Business Potential category by professional services firm Ernst & Young LLP. Heard was selected from 22 finalists in the Southwest Area (North Texas/Oklahoma/Arkansas) by an independent panel of judges comprised of local business, academic and community leaders. The award was announced at a banquet on June 18, 2005 at the International Apparel Mart in Dallas.

In 2001, Bob Heard recognized that a new wave of mobile and wireless computing was emerging, and understood that mass adoption would not occur until the security of mobile information was assured. Austin Ventures funded CREDANT on September 17, 2001 during a period of national crisis and economic uncertainty. With Bob Heard’s leadership and the CREDANT team’s desire to succeed, the company has become the most recognized mobile security company, with over 65 employees and offices in Texas, California, Chicago, New York, Washington, DC and London.

“Our vision to make it safe for companies to use mobile computers to increase productivity has become a reality and it is an honor to be recognized by Ernst & Young for this achievement,” said Bob Heard, president and CEO, CREDANT Technologies. “Each week there is another story about how a high-profile company has successfully mobilized and our solutions are part of many of those stories – this would not have been accomplished without the passion, dedication and support of the entire CREDANT team.”

CREDANT exceeded 700,000 product licenses sold in the first quarter of 2005 and achieved a 100% customer renewal rate. Customers and partners include mobile market leaders such as Cisco Systems, CommonTime®, CUNA Mutual, EDS, Extended Systems, Good Technologies, HP, Intel, Intermec, Microsoft, PalmOne, PalmSource, Schindler Elevator, Symbol and U.S. Army Medical Command. CREDANT is recognized by Gartner as the visionary leader in mobile data protection and has been selected twice by Red Herring as one of the top 100 privately held companies and one of the top 100 Innovators for 2004.

To be eligible for this award, the entrepreneur must still be active in his or her company, employ fewer than 100 employees, have been in business for at least 3 years, be involved in the community and demonstrate strong sales growth. An essay about each nominee was submitted describing their unique or interesting use of computer technology to drive business processes that benefits the company, employees or customers.

Bob Heard will be eligible for consideration for the Entrepreneur Of The Year 2005 national program. Winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year, will be announced at the annual awards gala in Palm Spring, Calif. on November 19, 2005.

About The Ernst & Young Entrepreneur Of The Year® Program
The Ernst & Young Entrepreneur Of The Year Program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, Ernst & Young Entrepreneur Of The Year recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program honors entrepreneurs through regional, national and global award programs in over 100 cities and 35 countries.

About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to restoring the public's trust in professional services firms and in the quality of financial reporting. Its 100,000 people in 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young's core services of Audit, Tax, and Transaction Advisory Services. Ernst & Young practices also provide legal services in some parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to all the members of the global Ernst & Young organization.

About CREDANT Technologies
CREDANT® Technologies is the market leader in providing security software that enables organizations to control mobile devices and protect data that resides on smartphones, notebook computers, tablet PCs, PDAs, hard drives and USB fobs. With CREDANT security, organizations minimize risk and ensure regulatory compliance while benefiting from the increased productivity mobility provides. Reducing administration costs while enforcing security, the CREDANT solution provides the most automated and integrated mobile security infrastructure and supports the broadest number of mobile platforms with the industry's only centralized, Web-based management console. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital and Cisco Systems are investors in CREDANT Technologies. For more information, visit www.credant.com.

CREDANT, CREDANT Technologies, the CREDANT Technologies logo, and the Be Mobile Be Secure tagline are trademarks or registered trademarks of CREDANT Technologies. All other names, brands or products referenced are the service marks, trademarks, or registered trademarks of their respective companies.

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