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Credant Ranked Number 248 Fastest Growing Company in North America on Deloitte’s 2010 Technology Fast 500

DALLAS October 26th 2010 - Credant Technologies, the trusted experts in data protection, today announced that it ranked number 248 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009.

Credant Technologies grew 369 percent during this period. Bob Heard, chief executive officer and founder said "The fact is a thumb sized USB drive that costs $50 can now contain the names of every person on the planet. The implications of that device being lost or stolen are immense. As a result, our customers look for expertise and specialization to insure their critical information is protected regardless of location, user or computing device. We now serve over 900 companies’ worldwide, protecting data on over 7 Million laptops, USB drives and smart-phones. Our growth and revenue reflects this success and we are proud to be ranked in Deloitte’s Technology Fast 500™.”

Heard continued “Our customers, employees, and partners must also be congratulated in receiving this recognition as they have all been the primary reason for our continued company growth inspite of difficult economic times in the past couple of years. We are excited about the future with new partners and innovative products being introduced. We expect to see an even more positive future for Credant Technologies during 2011.”

“Credant Technologies and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. "Deloitte commends Credant Technologies for this impressive accomplishment.”

“Credant Technologies has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.

For additional detail on the Technology Fast 500 including selection and qualifying criteria, visit www.fast500.com.

About Credant Technologies

Credant Technologies is the market leader in endpoint data protection solutions. Credant's data security solutions mitigate risk, preserve customer brand, and reduce the cost of compliance, enabling business to "protect what matters." Credant has been recognized by Inc. magazine as the #1 fastest growing security software company in 2008 and 2007; was selected by Red Herring as one of the top 100 privately held companies and top 100 Innovators; and was named Ernst & Young Entrepreneur of the Year® 2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital (NASDAQ:INTC), and Cisco Systems (NASDAQ:CSCO) are investors in Credant Technologies. For more information, visit www.credant.com.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Press contact:
UK Contact
Yvonne Eskenzi
Eskenzi PR
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Press contact:
US Contact
Shar Carpenter
Phone: 972-306-0276
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