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Quest Software Makes Strategic Investment in SecureAuth Corporation

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^{Published in Science and Technology on Tuesday, February 8th 2011 at 4:01 GMT by Market Wire}  

IRVINE, CA--(Marketwire - February 8, 2011) - SecureAuth Corporation, the emerging leader in [ identity enforcement ] for cloud and on-premise applications, VPN resources, and mobile devices, today announced that Quest Software (NASDAQ: [ QSFT ]), a leading provider of management solutions that simplify and reduce the cost of managing IT for customers worldwide, has made a strategic investment in the company. This investment solidifies a relationship between the two companies who are committed to ensuring secure, simple access to applications on-premise, in the cloud, and from any device, including smartphones.

"Quest has transformed IT management across physical, virtual and cloud environments. By investing in SecureAuth, which offers a fresh, unique approach that enables enterprises to securely and efficiently migrate to the cloud, we are helping to drive greater IT efficiencies for our mutual customers," said John Milburn, vice president and general manager, Identity and Access Management at Quest Software.

According to a recent Forrester survey, password proliferation is largely being driven by the increased adoption of Web 2.0, cloud, and software as a service (SaaS) with 58% of organizations surveyed using two or more SaaS-based business applications, and 19% using six or more. Another factor is increased employee mobility. Today, 56% of organizations officially allow employee-owned smartphones to connect to the corporate network. Unfortunately, these transformations have also led to identities and passwords being stored in disparate user directories that introduce security risks, management complexity, and loss of control.

"We are excited about our relationship with Quest. Our goal from day one was to make it simple and secure to access applications and resources. We have achieved that goal with a solution that integrates [ 2-factor authentication ], [ SSO ], and shares Quest's [ directory centric vision of identity and access management ]," stated Craig Lund, co-founder and CEO at SecureAuth. "Our product was architected to support today's computing environment and is literally transforming how organizations [ ensure compliance ], increase user productivity, and maintain control of both their user's identities and access to applications, no matter where those resources reside."

About SecureAuth Corporation

SecureAuth is the market leader in identity enforcement for cloud, web, and VPN resources. SecureAuth makes it safe for organizations of any size to extend their enterprise to the cloud by simplifying access, reducing the risk of unauthorized access, phishing, and the misuse of portable enterprise identities. Unlike other SSO and authentication products, SecureAuth is known world-wide for its all-in-one Identity Enforcement Platform, SecureAuth IEP that delivers the industry's first integrated 2-Factor Authentication, SSO, and IdM for less than the cost of a token-based solution. Strategic partners and customers include leaders in finance, government, healthcare, manufacturing, retail, technology, and services. Visit [ www.gosecureauth.com ] for additional information.

About Quest Software, Inc.

Quest Software (NASDAQ: [ QSFT ]) simplifies and reduces the cost of managing IT for more than 100,000 customers worldwide. Our innovative solutions make solving the toughest IT management problems easier, enabling customers to save time and money across physical, virtual and cloud environments. For more information about Quest solutions for [ application management ], [ database management ], [ Windows management ], [ virtualization management ], and [ IT management ], go to [ www.quest.com ].

SecureAuth, SecureAuth IEP and the SecureAuth logo are registered trademarks of SecureAuth Corporation. All other products or company names mentioned herein are trademarks or registered trademarks of their respective owners.

(i) A Forrester Consulting Thought Leadership Paper Commissioned by VeriSign (Symantec), "Enhancing Authentication To Secure The Open Enterprise," December 2010