ATLANTA, Jan. 31 /PRNewswire/ -- S.P.I. Dynamics, Inc., the leading provider of web application security software and services, is pleased to announce that for the second consecutive year the company has received Hot Company status from Info Security Products Guide, the world's leading publication on security-related products and technologies. SPI Dynamics is the only web application security company to appear on the list two years in a row.

Selected from an industry analysis of more than 500 prominent info security vendors around the world, this prestigious honor comes to SPI Dynamics based upon a stern selection criteria of 4Ps, namely Products, People, Performance and Potential behind the company's growing success. The Hot Companies selection also helps raise the bar significantly for the industry to provide end-users with effective and deployable protective solutions against the next generation of highly sophisticated and blended attacks. The evaluation process also included strong entrepreneurial spirit, seasoned executives with relevant experience, clear understanding of the security market, products and solutions that are positioned to take advantage of the emerging market opportunities, well developed revenue-growth model and clearly planned expansion strategies.

"Security is now one of the top three issues with almost every organization around the world including at an individual level where identity thefts have increased rapidly over the past few months," said Rake Narang, Managing Editor of Info Security Products Guide published by Silicon Valley Communications. "Vendors that are building their success strategy based on the four pillars of strength, mainly the 4Ps under which we have evaluated security vendors of all sizes around the world, are the ones that are best positioned to keep your digital resources secured in 2007. SPI Dynamics is a key player in web application security and we are pleased to have them once again on our distinguished list of Hot Companies."

"We are delighted to receive the "Hot Company" recognition by Info Security Products Guide for the second year in a row," said Brian Cohen, President and CEO, SPI Dynamics. "This award is another validation for our leadership position within the web application security space. SPI Dynamics maintains a successful strategy of serving our over 950 customers' needs through industry collaboration, dedicated research and a clear focus on the defining and leading the next generation of application security technology."

About Silicon Valley Communications Awards

Info Security Products Guide, published by Silicon Valley Communications, plays a vital role in keeping end-users informed of the choices they can make when it comes to protecting their digital resources. It is written expressly for those who are adamant on staying informed of security threats and the preventive measure they can take. You will discover a wealth of information in this guide including tomorrow's technology today, best deployment scenarios, people and technologies shaping info security and independent product evaluations that facilitate in making the most pertinent security decisions. The Info Security Products Guide Awards recognize and honor excellence in all areas of information security. To learn more, visit http://www.infosecurityproductsguide.com/ and stay secured.

About S.P.I. Dynamics, Inc.

SPI Dynamics delivers a comprehensive suite of products and services (http://www.spidynamics.com/products/index.html) that help to identify and remediate web application and web services security vulnerabilities found at key stages throughout the web Application Lifecycle. SPI Dynamics solutions enable security professionals, QA testers, and developers to work together to assess, analyze, and remediate web applications and web services for security vulnerabilities, and verify compliance with over 20 security policies like SOX, HIPAA and PCI. The Company's unique approach, utilizing patent-pending Intelligent Engines(TM) technology combined with the largest web application security vulnerability knowledgebase in the industry, delivers unparalleled speed and accuracy. SPI Dynamics' research and development team, SPI Labs, is widely recognized as one of the world's leading authorities on web application security and risk management. The Company counts over 950 customers among Global 2000 enterprises, including over 90 U.S. Federal accounts. SPI Dynamics' strategic partners include Microsoft, IBM, Hewlett-Packard, CSC and Visa. SPI Dynamics is privately held with headquarters in Atlanta, Georgia. For more information, visit http://www.spidynamics.com/ or call (866) 774-2700.

Intelligent Engines is a trademark of S.P.I. Dynamics, Inc. Product or service names mentioned herein are the trademarks of their respective owners.

CONTACT: Michelle Schafer of Merritt Group, +1-703-390-1525, or mobile,
+1-703-403-6377, or [email protected], for S.P.I. Dynamics, Inc., or
Ashley Vandiver of S.P.I. Dynamics, Inc., +1-678-781-4841, or mobile,
+1-404-432-8657, or [email protected]

Web site: http://www.spidynamics.com/
http://www.spidynamics.com/products/index.html
http://www.infosecurityproductsguide.com/

• Where Is The Intuitive Web?