|By Business Wire||
|September 19, 2013 08:30 AM EDT||
PerspecSys Inc., the leader in cloud data protection and residency solutions for the enterprise, was named a Gold Stevie® Award winner in the 11th Annual American Business AwardsSM. The company received this honor for the latest version of its Cloud Data Protection Gateway in the “Best New Product or Service of the Year” category for Software-Cloud Application/Service.
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. This year, more than 3,200 nominations were submitted for consideration in a wide range of categories, including Most Innovative Company of the Year, Best New Product or Service of the Year, and Executive of the Year, and were judged by a team of more than 320 executives nationwide.
PerspecSys’ Gateway was recognized for its unique ability to give enterprises and public-sector organizations total control over their sensitive data enabling a safe, secure and compliant migration to the cloud, no matter where their cloud service provider is located. Using patent-pending technology, the PerspecSys Gateway intercepts sensitive data while it is still on-premise and replaces it with a random tokenized or encrypted value, rendering it meaningless should anyone outside of the company access the data while it is being processed or stored in the cloud. In addition, PerspecSys has the only solution that preserves cloud application functionality – even when data is tokenized or strongly encrypted – using encryption such as National Institute of Standards and Technology (NIST) listed FIPS 140-2 compliant modules. This allows end-users to keep full application functionality, such as the ability to search and sort data, send emails, and generate reports, while the enterprise ensures its data is secure and remains compliant.
“Protecting sensitive data in the cloud is one of the most important security and privacy imperatives facing global organizations, particularly in light of recent revelations regarding government surveillance programs including XKeyscore and PRISM,” said David Canellos, CEO of PerspecSys. “And data control is the key. Our Gateway is the first of its kind -- and the only solution today -- to deliver full data control plus full application functionality. This combination has helped companies and public sector organizations around the world, that otherwise wouldn’t be able to, take advantage of the cloud and all its benefits. We are delighted to be recognized for those achievements with this Gold Stevie award and we look forward to delivering continued value and innovation to our customers and community.”
“So many remarkable stories of success and innovation were told in the nominations submitted to this year’s American Business Awards,” said Michael Gallagher, president and founder of the Stevie Awards. “We congratulate all of this year’s Stevie Award winners, and thank them for the inspiration provided by their achievements.”
Details about The American Business Awards and the lists of Stevie Award winners who were announced on September 16 are available at www.StevieAwards.com/ABA.
PerspecSys Inc. is a leading provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted in enterprises and government agencies. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. PerspecSys accomplishes this for many large, heavily regulated organizations across the world by never allowing sensitive data to leave a customer’s network, while maintaining the functionality of cloud applications. Based in McLean, VA and Toronto, PerspecSys Inc. is a privately held company backed by investors that include Intel Capital, Paladin Capital Group, Ascent Venture Partners and GrowthWorks. For more information please visit www.perspecsys.com or follow on Twitter @perspecsys.
About the Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. A fifth program, the Asia-Pacific Stevie Awards, will debut this month. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.