Damballa Selected as SINET 16 Innovator and Will Present at 2012 SINET Showcase

Industry and Federal Government Leaders Collaborate to Defeat Cybersecurity Threats

ATLANTA--(BUSINESS WIRE)--Damballa Inc., the company transforming the fight against cyber threats, today announced that it has been selected as a SINET 16 Innovator. Damballa will present its advanced threat protection solution during the 2012 SINET Showcase to be held October 25^th 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.

“Threats are lurking in corporate networks today despite many layers of security, and bring-your-own-device initiatives (BYOD) only make securing the enterprise more difficult”

Eighty emerging technology companies applied and were carefully vetted in a two-stage process by the SINET 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 as commercial, investment and research communities. Damballa 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. We are confident that by raising the awareness of Damballa 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.

“Threats are lurking in corporate networks today despite many layers of security, and bring-your-own-device initiatives (BYOD) only make securing the enterprise more difficult,” said Val Rahmani, CEO of Damballa. “Damballa technology is unique in its network behavioral analysis approach to protecting organizations against targeted, advanced malware threats. It is an honor to have been selected by such a prestigious group of industry experts as a SINET 16 Innovator in cutting-edge technology to identify cyber risks.”

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

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About Damballa

Damballa is a pioneer in the fight against cybercrime. Damballa provides the only network security solution that detects the remote control communication that criminals use to breach networks to steal corporate data and intellectual property, and conduct espionage or other fraudulent transactions. Patent-pending solutions from Damballa protect networks with any type of server or endpoint device including PCs, Macs, Unix, smartphones, mobile and embedded systems. Damballa customers include mid-size and large enterprises that represent every major market, telecommunications and Internet service providers, universities, and government agencies. Privately held, Damballa is headquartered in Atlanta. http://www.damballa.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 www.security-innovation.org.