wombatsecurity | April 23, 2013

Wombat Security Technologies Extends its Leadership in the Security Awareness Training Market with Product Innovations, Record Sales Growth and New Executive Appointment

Anti-phishing and cyber security awareness leader launches industry-first products, adds marquis companies to growing customer list and adds customer service veteran

Pittsburgh, PA – April 23, 2013 – Wombat Security Technologies (Wombat), a leading provider of cyber security awareness and training solutions, today announced key Company updates including industry-first products, the addition of marquis companies to its growing list of world class customers, and the appointment of customer service veteran Molly Bissell to its executive team. Wombat continues to extend its leadership position in the anti-phishing education and security awareness and training market, one of the fastest growing information security market segments. Wombat is driving the market forward by delivering innovative products that help businesses educate employees how to avoid growing cyber security threats and ultimately strengthen their company's security posture.

"We are seeing tremendous momentum on all fronts of the company," said Joe Ferrara, President and CEO of Wombat Security Technologies. "Wombat maintains its leadership position within the anti-phishing and cyber security awareness market because we offer the most comprehensive solution to train and test employees about phishing attacks and other cyber security issues, and we continue to innovate in areas that are of great concern to our customers, the Chief Security Officers."

Wombat continues to see triple digit percentage growth in customers and revenue. In addition, the Company added Molly Bissell as VP of Customer Service to scale its customer-acknowledged excellence in customer service to meet the growing demand of its products.

Wombat, recently named a "Hot Company" finalist for Network Products Guide, has consistently delivered industry-first products, including a USB simulated attack service and a SMS phishing simulation service. In 2012, Wombat also introduced a suite of compliance training products, with Personally Identifiable Information (PII), Payment Card Industry Data Security Standard (PCI DSS) and Data Protection and Destruction. In addition, Wombat boasts a highly successful partner program experiencing 10X growth since its announcement last year. Some of the newest channel partners are supporting our sales efforts outside of the United States. TJ5 Technologies, located in Ontario, is reselling Wombat training solutions to private and government organizations in Canada. The Espion Group, located in Ireland, will be reselling in EMEA with the first joint sales activity at InfoSecurity Europeoccurring in London April 23-25.

"At Espion we are true believers in Wombat's training methodology and are excited to be able to provide this solution to our prospects and customers. This is a great complementary solution to our offering, enabling us to provide holistic and innovative security awareness and training solutions," said Mark Wiley, Training Manager for the Espion Group.

Wombat has also added new customers across the Financial Services, Retail, Healthcare, Energy and High Technology industries. These companies are tapping Wombat's award winning products to give companies a simple and yet highly effective way to combat advanced persistent threats caused by phishing, social media scams, and other employee focused attack vectors.

"Wombat continues to deliver innovative anti-phishing and security awareness training solutions that help Fortune 1000 companies successfully automate security training so that educating users is integrated into their day to day business and becomes a seamless part of their defense in depth strategy," said Ralph Massaro, VP of Sales for Wombat. "We are consistently growing our customer base with domestic and international companies that trust Wombat to provide the most innovative way to build their human firewall and improve their overall security posture."

About Wombat Security Technologies

Wombat Security Technologies helps organizations combat cyber security threats with uniquely effective software-based training solutions for employees. Wombat offers fully automated, highly scalable software-based training solutions, built on learning science principles. They offer mock attacks with brief embedded training, as well as a full complement of 10-minute software training modules. Wombat's training solutions have been shown to reduce employee susceptibility to attack over 80%. Wombat is helping Fortune 1000 customers, large government agencies and small to medium businesses in segments such as finance, banking, higher education, retail, technology, energy, insurance, and consumer packaged goods strengthen their cyber security defenses. For more information visit www.wombatsecurity.com or contact Lorraine Kauffman-Hall at 704-882-0443 or lhall@attainmarketing.com.