DALLAS, Aug. 20 /PRNewswire/ -- Inc. magazine today ranked CREDANT Technologies the No. 1 fastest-growing security company on its 27th annual Inc. 500 list of the fastest-growing private companies in the U.S. The list is the most comprehensive look at the most important segment of the economy -- America's independent-minded entrepreneurs. Companies such as Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle and hundreds of other powerhouses gained early exposure as members of the Inc. 500. With three-year revenue growth of 1,9073 percent, CREDANT Technologies ranked No. 3 in the Dallas-Fort Worth area and No. 98 overall.

"If you want to find out which companies are going to change the world, look at the Inc. 500," said Inc. Editor Jane Berentson. "These are the most innovative, dynamic, fast-growing companies in the nation -- the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition."

CREDANT's strong growth during the past three years is due to the rapid adoption of its centrally managed, data-centric security software that helps prevent data leakage. From laptop and USB encryption to CD-DVD recorders, iPods and Smart Phones, CREDANT's award winning encryption software protects the data on over 4.5 million devices worldwide for more than 650 enterprises and government agencies, including 50 of the Global 5000. Organizations of all sizes rely on CREDANT to ensure security compliance, protect their brand and enhance IT and user productivity.

Since its founding in 2001, CREDANT has expanded from 6 to 135 employees with offices throughout the United States and Europe and distributors worldwide. CREDANT CEO and Founder Bob Heard credits the company's continued strong growth to its exemplary team of people and the market adoption of CREDANT's endpoint data protection vision: aligning security policies with the flow of data to ensure corporate and regulatory compliance. "We are honored to be included in the Inc. 500 and ranked as the No. 1 fastest-growing privately held security company in the U.S. for the second year in a row," stated Heard. "Our goal has always been to deliver the most comprehensive data protection solution to assure the highest security compliance at the lowest total cost of ownership (TCO) for any organization. Being acknowledged by Inc. magazine is a testament to the acceptance of our vision, our product innovation, and the dedication of our team." The company is poised for continued growth as CREDANT's innovative security solutions help more and more organizations control data leakage and mitigate data breaches.

The 2008 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 26 - September 30), reported aggregate revenue of $13.7 billion and median three-year growth of 1,046%. Total sales for Inc. 500 companies were 14 percent below last year's combined revenue of $16 billion; still, it was a stellar year for many companies. Not only did sales for this year's top 50 growers outstrip those of last year's top 50 by $541 million, but this year's fastest 50 also boasted a staggering 47 percent jump in average three-year growth from last year's top of the class. Additionally, the 2008 Inc. 500 companies were engines of job growth, having created more than 51,414 jobs since those companies were founded. The surge in oil and a booming tech sector is driving growth in Texas, which is home to 43 Inc. 500 companies this year. The Lone Star state is second only to California and ties Southern California by adding five more companies.

Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc5000.com.

About Inc. magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (http://www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 724,110, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

About CREDANT Technologies

CREDANT(R) Technologies is the market leader in end-point data protection solutions. CREDANT's data security solutions preserve customer brand and reduce the cost of compliance, enabling business to "Protect What Matters." CREDANT Mobile Guardian is the only centrally managed endpoint data protection solution that provides strong authentication, intelligent encryption, usage controls, key management and data recovery. By aligning security to the type of user, device and location, CREDANT ensures the audit and enforcement of security policies across all computing endpoints. Strategic partners and customers include leaders in finance, government, healthcare, manufacturing, retail, technology, and services. CREDANT was selected by Red Herring as one of the top 100 privately held companies and top 100 Innovators for 2004, and was named Ernst & Young Entrepreneur Of The Year(R) 2005. Austin Ventures, Menlo Ventures, Crescendo Ventures, Intel Capital and Cisco Systems are investors in CREDANT Technologies. For more information, visit http://www.credant.com.

CREDANT Technologies, CREDANT, the CREDANT Technologies logo, and the "We Protect What Matters." tagline are registered trademarks of CREDANT Technologies, Inc.

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