Netegrity Positioned in Leader Quadrant for Extranet Access Management
WALTHAM, Mass.--(BUSINESS WIRE)--July 12, 2004--Netegrity, Inc. (Nasdaq: NETE), a leading provider of identity and access management solutions, today announced that Gartner, Inc. has placed Netegrity in the Leader Quadrant of the 2004 Extranet Access Management Magic Quadrant report(1).
According to Gartner, leaders are vendors who are performing well today, have clear vision of market direction, and are actively building competencies to sustain their leadership position in the market. The Extranet Access Management Magic Quadrant acknowledges those software vendors who have developed strong identity administration, integration with user provisioning, and federated identity and Web services capabilities. Vendors must also have strong mind-share, ability to influence industry direction, and an installed base with growth in the past year.
According to the Gartner report, suite product presentations or integration with user provisioning and federated identity capabilities remain the primary functional differentiators in 2004.
Netegrity has maintained its position in the identity and access management market with:
-- End-to-End Identity and Access Management Solution - Netegrity provides customers with an end-to-end and integrated identity and access management solution consisting of access management, identity administration, and user provisioning.
-- Robust Identity Federation Technology - The Netegrity Universal Federation Architecture enables companies to securely share identity information across applications within the enterprise as well as to external partner companies by supporting a broad range of federation standards including Liberty, SAML, and WS-Security. With over 60 federation customers today, Netegrity has one of the largest numbers of federation customers in the market.
-- Strong Customer Base - Netegrity solutions are licensed for more than 350 million users at nearly 850 organizations, including over half of the Fortune 100. Netegrity's software is running some of the largest and most innovative identity and access management deployments, with over 100 customers who have licensed over a million users.
"Netegrity is very pleased with its position in the Leader Quadrant of one of the most respected market research tools," said Stephanie Feraday, vice president of marketing at Netegrity. "Netegrity continues to set itself apart from the competition as an application stack-neutral vendor with a comprehensive and integrated identity and access management solution."
About the Gartner Magic Quadrant
The Magic Quadrant is copyrighted June 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation 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 Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Netegrity
Netegrity, Inc. is a leading provider of security software solutions that securely manage identities and their access to enterprise information assets, letting business in while keeping risk out. Netegrity provides a comprehensive identity and access management product line for continuously evolving computing environments, including legacy, Web, and service-oriented architectures. Netegrity's flexible, standards-based offerings increase security, reduce administrative costs, and enable revenue enhancement. Supported by a network of over 1200 trained integration consultants and 300 technology partners, Netegrity solutions are licensed for more than 350 million users at nearly 850 organizations worldwide, including more than half of the Fortune 100. For more information, visit http://www.netegrity.com.
Netegrity, SiteMinder, IdentityMinder, TransactionMinder, and Universal Federation Architecture are trademarks or registered trademarks of Netegrity, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners.
Various statements in this release concerning Netegrity's future expectations, plans, and prospects constitute forward-looking statements for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors such as, but not limited to, general economic conditions, weakness in the global economy, increased operating expenses, our ability to develop and enhance our products and services or remain competitive in product pricing, competition in the marketplace, including competitors' sales strategies, development and performance of our direct and indirect sales channels, delays in product development, changes in customer and market requirements and standards, market acceptance of new products and technologies, and technological changes in the computer industry, as well as those risks more fully discussed in the Company's reports on file with the Securities and Exchange Commission including the Company's latest Form 10-K/A, Form 10-Q and any subsequent filings. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. While we may elect to update forward looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change and, therefore, you should not rely on any of these forward-looking statements as representing the Company's views as of any date subsequent to today.
(1)Magic Quadrant for Extranet Access Management, 1H04, Ray Wagner, June 29, 2004.
Contacts
Netegrity, Inc.
Jennifer Menard, 781-530-6202
jmenard@netegrity.com
or
Schwartz Communications
David Bowker, 781-684-0770
netegrity@schwartz-pr.com
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