OUNCE LABS EXTENDS APPLICATION SECURITY LEADERSHIP WITH WORLD-WIDE EXPANSION

Company Opens New Office in Europe; Launches Premier International Partner Program and Appoints Respected Industry Veteran to Lead International Operations

RSA Conference Europe 2007 - LONDON---Ounce Labs, the industry leader in software risk analysis, today announced the expansion of its presence in Europe, the Middle East and Africa (EMEA) and the opening of a new office in London, which will serve as the company’s international headquarters. As companies around the world recognize the need for increased visibility and elimination of data vulnerabilities within their software applications, Ounce Labs is poised to meet the demand for its products and services from international customers.
The company has also launched the Ounce Global Alliance designed to extend the company's market reach by facilitating integrated partner relations and provide an optimal level of service for customers world-wide. Designed to be the security industry’s leading alliance program, it will deliver Ounce’s enterprise-class source code analysis solutions to global partners dedicated to eliminating business risk caused by software security vulnerabilities. Partner program members will be able to leverage localized sales and technical support as well as education and marketing to successfully grow new market opportunities.

“With strong operations in North America and a growing multi-national customer base, we're aggressively expanding our footprint with the establishment of our EMEA headquarters,” said Hugh Scandrett, CEO of Ounce Labs. “We will continue to grow our international presence in order to provide our existing and future customers the highest level of service and support.”

David Curran has been named as Vice President of International Sales, with executive oversight of sales, marketing and customer service. Curran brings more than fifteen years of international sales, management and business development experience to Ounce Labs. He has developed EMEA sales operations that have created sustainable market advantage and company value for several early and mid-stage venture-backed software companies. Prior to Ounce Labs, Curran served as Vice President Sales EMEA for Ultimus, Inc., where he grew the company into one of the leading business process management vendors in the region.

“Europe has been at the forefront in persuading organizations to take strong steps to protect personal privacy. As companies around the world wrestle with issues of regulatory compliance and information security, they’re realizing that in order to solve the problem, they need to go straight to the application - straight to the source,” said Curran. “Ounce Labs has been a pioneer in application security and risk management and I look forward to providing the highest levels of customer success as we expand our international customer and partner base.”

Ounce Labs will be present at RSA Conference Europe 2007, Booth #58. The event, being held October 22-24th will take place at ExCel London. Ryan Berg, Chief Scientist and co-founder of Ounce Labs will present the following sessions at the RSA event:

• “The Application Security Debate: Tools and Techniques” - Tuesday, October 23 at 2:00 pm ET  - Platinum Suite 1
• “Trust, But Verify: Certify That Your Outsourced Applications Are Secure” - Tuesday, October 23 at 3:35 pm ET - South Gallery
• “SecondLife vs Real Life: Privacy Concerns in Online Environments” - Wednesday, October 24 at 11:00 am ET - Platinum Suite 5/6/7

About Ounce Labs, Inc.
Ounce Labs' solutions enable organizations to identify, prioritize and eliminate business risk to the enterprise caused by software security vulnerabilities. With Ounce Labs, organizations strengthen application security, protect confidential information and verify compliance with both internal policies and industry mandates such as PCI, FISMA, HIPAA and others.

Ounce Labs' software analyzes application source code to provide the most complete and accurate analysis of application vulnerabilities and their relative priorities, enabling business users and IT professionals to optimize their resources on resolving the most critical issues.

Unique in its ability to scale across an organization's entire portfolio of applications, Ounce is used enterprise-wide by many of the world's most security-conscious organizations, including AT&T, EDS, IBM, Intel, Lockheed Martin, MFS, the U.S. Air Force, the U.S. Government Accountability Office, Unisys and VeriSign.

Led by senior executives with deep enterprise software and security expertise, Ounce Labs is headquartered in Waltham, Massachusetts, with regional offices throughout the U.S. For more information, please visit www.ouncelabs.com.

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Media Contacts:

Jake Messier
Ounce Labs
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Email Contact
http://www.ouncelabs.com

Brenda Menard
Davies Murphy Group
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