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Patron Systems Launches PolicyGate(TM) Email Policy Gateway
18 October 2005Patron Systems, Inc. ("Patron") (OTC: PTRS), a provider of information security solutions offering homeland security and regulatory compliance to corporations, municipalities, counties, and states, today unveiled PolicyGate(TM), a comprehensive email policy gateway providing email archiving, secure messaging, supervision, and electronic discovery for regulatory compliance and corporate governance. PolicyGate(TM) will be showcased at the National Regulatory Services (NRS) Fall Compliance Conference held at The Loews Miami Beach Hotel in South Beach, Florida from October 18th - 20th. PolicyGate(TM) is a field-proven, highly scalable email compliance solution designed for regulatory compliance and email management. PolicyGate(TM) was purpose-built to the exacting standards of SEC 17a-4 and NASD 3010/3110 requirements. PolicyGate(TM) also has broad applications in the public sector for management of Freedom of Information Act (FOIA) requests and administration of electronic Open Meetings Act (OMA) policies. Moreover, PolicyGate(TM) is designed to enable government agencies to comply with the privacy standards which are prescribed by the Office of Justice Programs. PolicyGate(TM) brings to market several unique features, all of which are highly valued by commercial and public sector customers:
-- Highly Scalable Architecture -- ability to execute pre-review or post- review scanning on large volumes of email -- Tiered Policy Structure -- allows unique policies to be applied to discrete groups of users within the enterprise -- Robust Set of Available "Policy Actions" -- Block -- "non-compliant" messages can be blocked from delivery -- Wrap -- sensitive or confidential material can be automatically protected with a rights-managed encryption wrapper that ensures information is not leaked through error or malicious intent. -- Route -- email is forwarded to designated mailboxes based on policy -- Return -- "non-compliant" messages can be returned to the sender with pre-scripted messages -- Archive Management -- message and attachment storage management with a purge utility for retention expiration -- Discovery -- all archives are easily searched using a combination of 22 query-able categories plus free text searches -- Reporting -- easily generates reports for rapid response to regulatory inquiries, Freedom of Information Requests (FOIA) and internal audits -- Internal Mail Support -- allows capture of internal MS Exchange and Lotus Notes/Domino email -- Multi-lingual support -- the open lexicon supports many languages including the double-byte character set for Japanese
"Patron is expanding from a strong installed base in the financial services sector to applications in the public sector. This expansion is consistent with our business plan and we are pleased with the market reception," said Bob Cross, Patron's Chief Executive Officer. "PolicyGate offers our customers the benefits of six years of experience in the compliance market and we are pleased to bring PolicyGate to market with such strong customer support." "Patron's PolicyGate is clearly on the leading edge of solutions in the market place today. Having recently conducted an exhaustive evaluation of available solutions in this space, PolicyGate is an ideal solution for investment advisers and broker-dealers to manage the regulatory compliance of their email and other electronic communication," said Peter A. Savarese, Esq, a securities attorney with the Hamburger Law Firm LLC and Senior Counsel at MarketCounsel, a leading national business regulatory compliance consulting firm located in the New York metropolitan area. "PolicyGate can also play a vital role in implementing policies designed to manage workplace risks, such a sexual harassment, which could lead to litigation and, in the event of litigation, complying with discovery requests for electronic records."
About Patron Systems Founded in 2002, Patron Systems was established to provide software solutions to corporations, public safety organizations, local and state governments, and federal governmental agencies. The Patron portfolio focuses on the most critical asset of the enterprise -- its intellectual property -- providing continuous, layered, security for data in motion, data in applications, and data at rest. Further information is available at http://www.patronsystems.com .
Forward-Looking Statements This release may contain statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current estimates and projections about Patron Systems' business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Such factors include, but are not limited to, the Company's ability to execute effectively its business plan and acquisition strategy, changes in the market for information security solutions, changes in market activity, the development of new products and services, the enhancement of existing products and services, competitive pressures (including price competition), system failures, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantages. These and other risks are described in the Company's filings with the Securities and Exchange Commission, which should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The Company assumes no obligation to update information concerning its expectations.
Source: PR Newswire
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