Boston high school senior Paloma Stanley, distraught and hours away from missing her graduation on June 14 because she couldn’t afford to pay $700 for a school laptop she lost a month ago, was saved by a gift from an unexpected source. CREDANT® Technologies, a software company that specializes in protecting information stored on notebook computers and handheld devices, offered to pay the bill just in time to allow Stanley to walk across the stage at Hancock Hall with the rest of her graduating class.

“Fifteen hundred notebook computers are lost or stolen every day in the U.S. and this time one of them was a young student. We focus on protecting data stored on these computers to protect organizations from the threat of brand damage, legal liability, and major regulatory violations,” said CREDANT Technologies President and CEO Bob Heard. “When we heard about Paloma’s loss, we immediately related to the severity of her consequence. We felt that this would be a great opportunity to help a deserving young woman while educating an entire group of students about protecting notebook computers.”

Stanley, 18, borrowed one of 30 laptops Boston Community Leadership Academy in Brighton makes available to students to finish a term paper she thought would be the last barrier to her graduation. She last saw it about a month ago when she forgot the laptop in a hurry to catch a bus home to Dorchester.

Driven by school policy, principal, Nicole Bahnam, had no choice but to prevent Stanley from graduating unless she could pay a $300 down payment on the $700 computer before the June 14 graduation. Stanley lives on her own and works 20 hours a week at a local movie theatre. She already had been accepted to college but would not have been able to attend until the debt was paid because the school holds all transcripts and will not issue a diploma.

“We can’t thank CREDANT enough,” said Boston Community Leadership Academy Principal Nicole Bahnam. “I’ve watched Paloma work for the last five years to really turn her life around. This is so wonderful.”

About CREDANT Technologies
CREDANT® Technologies is the market leader in providing security software that enables organizations to protect and control mobile devices throughout the enterprise. With CREDANT security, organizations minimize risk and ensure regulatory compliance while benefiting from the increased productivity mobility provides. CREDANT Mobile Guardian protects corporate data on smartphones, notebook computers, tablet PCs and PDAs with directory-integrated and centralized security policy management. Strategic partners and customers include Global 2000 companies such as Cisco Systems, CommonTime®, CUNA Mutual, EDS, Extended Systems, Good Technologies, HP, IBM Global Services, Intel, Intermec, Microsoft, PalmOne, PalmSource, Schindler Elevator, Symbol and U.S. Army Medical Command. CREDANT is recognized as the visionary leader in mobile data protection and has been selected by Red Herring as one of the top 100 privately held companies and one of the top 100 Innovators for 2004. 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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