Veracode CEO Matt Moynahan to Discuss Independent Software Assessment at Department of Homeland Security Forum


BURLINGTON, MA--(Marketwire - October 1, 2007) -


WHO:          Matthew Moynahan, President and CEO, Veracode, Inc.

WHAT:         Software Assurance Forum, hosted by the Department of
              Homeland Security (DHS) and the Department of Defense (DoD)

WHEN:         Tuesday, October 2, 2007 from 1:40 p.m. - 2:00 p.m. EDT

WHERE:        McLean Hilton
              7920 Jones Branch Drive
              McLean, Virginia 22102

DESCRIPTION:  As software applications grow in complexity and size -- with
              multi-tier layers that are developed by geographically
              distributed workgroups or by offshore developers, the
              likelihood of flaws and exploitable vulnerabilities also
              increases. Government agencies are increasingly concerned
              about the risks that these complex commercial and custom
              developed applications can pose to military and civilian
              infrastructure. This application security challenge is
              further exacerbated by the lack of separation of duties
              between the developer and the testers, as well as the lack
              of standards and metrics available to quantify the potential
              risk posed by vulnerable applications.

              In this presentation, Moynahan will discuss how automated,
              independent assessments allow organizations to evaluate the
              operational risks of internally developed applications, as
              well as externally procured applications and components.

              Moynahan will also participate in the "SwA EcoSystem Panel"
              on Wednesday, October 3, 2007 from 1:30 p.m. - 2:50 p.m.
              EDT.

About Veracode

Veracode is the industry's first provider of automated, on-demand application security solutions. Created by a world-class team of application security experts, the company delivers services to identify software flaws introduced through coding errors or malicious intent. Veracode's core service, SecurityReview® uses patented binary code analysis and dynamic web analysis that is uniquely able to inspect entire application inventories, including components, and does not require companies to expose their valuable source code. Enterprises can now protect their intellectual property while preventing attacks allowed by vulnerabilities in applications.

As the most accurate and comprehensive solution, Veracode makes it simple and cost-effective to implement application security best practices and reduce operational costs related to manual reviews. Whether a company is developing applications internally, purchasing software or integrating code from partners, Veracode's SecurityReview provides insight to the security level of your applications. Outsourcing code analysis to Veracode is the easiest way to secure your software. With a pragmatic approach to application security, Veracode helps you fix what matters most to your business.

Based in Burlington, Mass., Veracode is backed by .406 Ventures, Atlas Venture and Polaris Venture Partners. www.veracode.com

Contact Information: Media Contacts: Rachel Labas Lois Paul & Partners 781-782-5783 rachel_labas@lpp.com