Tumbleweed Receives Best Vendor Rating in the Latest Email Encryption Report by Leading Analyst Firm
May 22 2006 - 9:00AM
Business Wire
Tumbleweed(R) Communications Corp. (NASDAQ:TMWD), a leading
provider of email security, managed file transfer, and identity
validation appliance and software products, today announced that it
has received a "Positive" rating in the latest Gartner MarketScope
Email Encryption report. To view the entire report, please visit:
http://www.tumbleweed.com/products/mailgate/gartner_marketscope.html
"We are very pleased to receive a 'Positive' rating in this Gartner
MarketScope report. We feel these findings confirm that Tumbleweed
continues to provide one of the industry's most effective e-mail
security solutions available," said John Thielens, CTO of
Tumbleweed Communications. "Our mission is to provide the best
e-mail security tools possible to meet the challenges of data
privacy protection, regulatory compliance, and protection of
intellectual property for our customers. We are excited to be
recognized by Gartner for our efforts." This MarketScope report
focused on a specific e-mail encryption market -- the gateway
encryption market, in which no desktop software is required by
sender or receiver. Gartner continues to see the majority of user
demand for specific solutions in this market. Gartner states that
gateway e-mail encryption is an emerging security market estimated
at less than $40 million to $50 million in revenue worldwide at
this time. According to the Gartner report, within this space,
vendors that offer e-mail security functionality -- such as spam,
antivirus and content filtering -- and e-mail encryption, and that
also possess more extensive resources from a large existing
enterprise installed base, which they can sell e-mail encryption to
as an add-on functionality, are best-poised for longer-term
viability. Gartner reviewed a total of seven email encryption
vendors in the report, basing results on criteria including
customer experience, market understanding and product strategy, as
well as other criteria. Gartner defines a "Positive" rating as
meaning that a vendor has demonstrated strength in specific areas,
but is largely opportunistic and recommends that existing customers
continue incremental investments, while potential customers should
put this vendor on a short list of tactical alternatives. SAFE
HARBOR STATEMENT Tumbleweed cautions that forward-looking
statements contained in this press release are based on current
plans and expectations as of the date of this press release, and
that a number of factors could cause the actual results to differ
materially from the guidance given at this time. These factors are
described in the Safe Harbor statement below. Except for the
historical information contained herein, the matters discussed in
this press release may constitute forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially from those projected, particularly with respect
to the functionality and performance of Tumbleweed's products. In
some cases, forward-looking statements can be identified by
terminology such as "may," "will," "should," "potential,"
"continue," "expects," "anticipates," "intends," "plans,"
"believes," "estimates," and similar expressions. For further
cautions about the risks of investing in Tumbleweed, we refer you
to the documents Tumbleweed files from time to time with the
Securities and Exchange Commission, particularly Tumbleweed's Form
10-K filed March 16, 2006 and Form 10-Q filed May 10, 2006.
Tumbleweed assumes no obligation to update information contained in
this press release. Although this release may remain available on
Tumbleweed's website or elsewhere, its continued availability does
not indicate that Tumbleweed is reaffirming or confirming any of
the information contained herein. Gartner MarketScope The
MarketScope is copyrighted 2006 by Gartner, Inc. and is reused with
permission. The MarketScope is an evaluation of a marketplace at
and for a specific time period. It depicts Gartner's analysis of
how certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor, product
or service depicted in the MarketScope, and does not advise
technology users to select only those vendors with the highest
rating. Gartner disclaims all warranties, express or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose. About
Tumbleweed Communications Corp. Tumbleweed provides security
solutions for email protection, file transfers, and identity
validation that allow organizations to safely conduct business over
the Internet. Tumbleweed offers these solutions in three
comprehensive product suites: MailGate(R), SecureTransport(TM), and
Validation Authority(TM). MailGate provides protection against
spam, viruses, and attacks, and enables policy-based message
filtering, encryption, and routing. SecureTransport enables
business to safely exchange large files and transactions without
proprietary software. Validation Authority is the world-leading
solution for determining the validity of digital certificates.
Tumbleweed's enterprise and government customers include ABN Amro,
Bank of America Securities, Catholic Healthcare West, JP Morgan
Chase & Co., The Regence Group (Blue Cross/Blue Shield), St.
Luke's Episcopal Healthcare System, the U.S. Food and Drug
Administration, the U.S. Department of Defense, and all four
branches of the U.S. Armed Forces. Tumbleweed was founded in 1993
and is headquartered in Redwood City, Calif. For additional
information about Tumbleweed go to www.tumbleweed.com or call
650-216-2000. Tumbleweed, the Arrows logo, MailGate,
SecureTransport and Validation Authority are either registered
trademarks or trademarks of Tumbleweed Communications Corp. in the
United States and/or other countries. All other trademarks are the
property of their respective owners.
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