28 May 2002 - TruSecure Corporation announced that it has received the 2002 Hot 100 Award, UPSIDE’s annual award recognizing excellence and innovation among the hottest technology industry companies. UPSIDE unveils the 2002 Hot 100 Award winners in the June 2002 issue of the magazine and online at UPSIDE.com.
Adam Joseph, president and CEO of TruSecure Corporation said: "This award is just further validation that 2001 was a signature year for TruSecure. We raised an impressive round of mezzanine financing during one of the toughest private equity environments in almost a decade, demonstrated significant organic growth, and completed an important strategic acquisition. The year has solidified the company as an information security bellwether."
Press release: http://www.net-security.org/press.php?id=803
29 May 2002 - In the third quarter (January - March 2002) of the current fiscal year 2001/2002 Utimaco Safeware achieved a revenue of Euro 5,6 million. Due to the withdrawal of the loss-making business units Network Security and Security Modules, decided on 31 January 2002, this represents in total a decrease in revenues compared to the same period of the previous year (Euro 8,9 million). In the core business units a revenue of Euro 4,6 million was achieved in the third quarter, compared with the corresponding quarter of the previous year (Euro 4,4 million). In the first nine months of the current fiscal year the revenue in the core business increased by 13 per cent to now Euro 16,3 million (previous year: Euro 14,4 million). This development approves the concentration on the profitable core business units Personal Device Security, Digital Transaction Security and System House, which was decided in the course of the re-organisation.
Press release: http://www.net-security.org/press.php?id=804
29 May 2002 - Sophos announced that the Football Association (FA) has purchased Sophos Anti-Virus to protect it against over 73,000 computer viruses, worms and Trojan horses. The FA has also chosen to install the latest addition to the Sophos product suite, Enterprise Manager, to deliver continuous updates direct from Sophos against the very latest malware threats.
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