Dramatic Growth Attributed to Mounting Enterprise Concerns Over Smartphone Data Security; New Customers Include Fortune 500 Companies and Federal Agencies
McLean, VA - July 18, 2006 - Trust Digital, a leading provider of enterprise software solutions targeted at securing handhelds, PDAs, and smartphones, reported its best quarter in corporate history, with second quarter revenues increasing over 700 percent over the same period in 2005. Additionally, first half year revenues increased nearly 300 percent over the same period last year. The company attributes this dramatic growth to the rapidly emerging enterprise requirement that corporate data residing on smartphones be protected.
New customers include:
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The United States Marine Corps selected Trust Digital to secure the mobile devices maintained by their field medics.
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One of the world's largest pharmaceutical companies enlisted Trust Digital to protect their mobile devices with endpoint security and policy compliance.
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Two executive branch agencies and a state government purchased Trust Digital software to protect proprietary data from loss, theft, and/or breach. Trust Digital software encrypts data at rest to the FIPS 140-2 standard.
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A United States Air Force command purchased an enterprise-wide license, selecting Trust Digital software as its smartphone device security standard.
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A leading title insurance company selected Trust Digital to secure their employees' Treo 650 devices in an effort to meet Sarbanes-Oxley governed data security requirements.
"Trust Digital's business continues to grow ahead of plan, with marquee brands and government agencies adopting our smartphone software to protect their mission-critical corporate data," said Nick Magliato, CEO of Trust Digital. "Our competitive advantage continues to grow, with our customers, prospects, and partners testifying that Trust Digital provides the most efficient and effective means available to enforce mobile security policies across any device, any application, and any network."
About Trust Digital
Trust Digital is the leading provider of mobile security software, securing enterprise data that resides at the edge of the network where smartphones, handhelds, and PDAs have access to corporate information. By implementing Trust Digital's policy-based software solution, corporations eliminate the regulatory and financial risks associated with the accidental or malicious disclosure of data through unsecured PDAs and handhelds. Trust Digital's customer base includes Government organizations, as well as leading Financial Services and Healthcare companies. For more information, please visit our website, www.trustdigital.com.