Allgress Selected as SINET 16 Innovator to Present at 2012 SINET Showcase

Allgress,a leading provider of Business Risk Management Solutions, today announced that it has been selected as a SINET 16 Innovator. Allgress will present on the topic of using Business Risk Intelligence to identify and mitigate security threats during the 2012 SINET Showcase. The event will be held October 25th at the National Press Club in Washington D.C., supported by the U.S. Department of Homeland Security Science & Technology Directorate. The Security Innovation Network (SINET) initiatives are designed to advance innovation and enable collaboration between the public and private sectors to defeat global cybersecurity threats.

Eighty emerging technology companies applied and were carefully vetted in a two-stage process by theSINET Showcase Steering Committee for the opportunity to present innovative and potentially disruptive cybersecurity solutions to an audience of representatives from defense, homeland security, intelligence and civilian federal agencies as well commercial, investment and research communities. Allgress will be one of sixteen companies presenting on stage.

“Every year the quality of companies applying to present as a SINET 16 Innovator continues to impress the Showcase steering committee. Since 2010 we have received hundreds of applications in our efforts to advance innovation, lead change and build trusted global collaboration models between the public and private sectors to defeat cybersecurity threats. We are confident that by raising the awareness of Allgress and other finalists’ capabilities, there will be an enhanced opportunity to impact the most pressing technology needs of the Federal Government and private industry – and, ultimately, the protection of our nation’s Critical Infrastructure and Command and Control systems. In this light, I am excited to announce the class of 2012 SINET 16 Innovators,” said Robert Rodriguez, Chairman and Managing Principal of SINET.

“Cyberattacks continue to evolve at an ever increasing rate which impact companies from the perspective of a triple threat - a combination of financial, reputational and regulatory risks. The ability to quickly identify, communicate and remediate impending cybersecurity events is critical to all organizations. Allgress is proud to have been selected by the respected SINET Showcase Steering Committee as an innovator in advancing technology to identify cyber risks quicker with less complexity. Allgress Business Risk Intelligence visually communicates the impact of an incident in an easy to understand way so business leaders, in addition to Information Technology audiences, can justified appropriate resources and budget,” said Jeff Kushner, Vice President, Marketing for Allgress.

For more information about attending and to register for the 2012 SINET Showcase on October 25th and the half-day SINET Workshops on October 24th, visit http://www.security-innovation.org/Showcase_2012-Register.htm

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About Allgress 
Since 2008, Allgress has been providing Enterprise Business Risk Intelligence (BRI) solutions that automate governance, risk and compliance management, enabling Global 2000 organizations to reduce risk, achieve business objectives while providing rapid business justification. Customers derive value in days instead of months by streamlining implementation, automating manual tasks and providing operationally efficient management of the entire Governance, Risk and Compliance process.

Powered by the patented Allgress Business Risk Intelligence infrastructure, Allgress’ products and solutions provide customers an automated method of harvesting data from any information source, analyzing the risk and communicating the ongoing status in a business context so it’s easily understood by IT and business stakeholders. This comprehensive view of enterprise-wide security and risk posture enables customers to make intelligent security and compliance investment decisions as well as align security and compliance programs with top business objectives. For more information visit http://www.allgress.com

About the Security Innovation Network™ 
The Security Innovation Network™ (SINET) is a community builder and a strategic advisor whose mission is to advance innovation and enable global collaboration between the public and private sectors to defeat cybersecurity threats. SINET’s public-private partnership events are supported by the U.S. Department of Homeland Security Science & Technology Directorate. SINET’s affiliate, The SINET Group, offers Advisory Services and a Membership Program that offers its social collaboration tool - The SINET Exchange. Through these activities, SINET has helped build thousands of relationships and delivered value across a broad spectrum of the security community to include builders, buyers, researchers, and investors. The SINET team consists of former leaders from the Intelligence, DoD, DHS, and Silicon Valley communities. For more information visit http://www.security-innovation.org.