RECONNEX SELECTED AS A MONEYTREE FUTURECENTRIC COMPANY IN THIRD ANNUAL LISTING
Company Continues to Receive Accolades
Moving into the New Year
MOUNTAIN VIEW, Calif., January 11, 2006—Reconnex, the expert in enterprise risk discovery and management systems, today announced that it has been selected as a MoneyTreeT FutureCentricSM Company in the third annual listing based upon the MoneyTree Survey conducted by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association. Reconnex was recognized in part due to its strong financial profile, thought leadership, and award-winning technology, including its inSight Platform, which consists of the iGuard content monitoring appliance, the iController content registration appliance, and the iManager centralized management console.
"Receiving acknowledgement as a MoneyTree FutureCentric Company reaffirms Reconnex's leadership position in risk discovery and management," said Kevin Cheek, vice president of marketing at Reconnex. "High-profile security breaches in 2005 validated the significance of risk discovery technologies. Reconnex is honored to be recognized as being at the forefront of this market, delivering continuous compliance with industry regulations by providing real-time identification, detection, and response to electronic security risks."
The companies included in the third annual MoneyTree FutureCentric Company listing are a representative sample of entrepreneurial companies building ideas that are shaping the future. The MoneyTree FutureCentric Company award is the fifth accolade Reconnex has received since November 2005.
About the PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association MoneyTreeT Survey
The MoneyTreeT Survey measures cash-for-equity investments by the professional venture capital community in private emerging companies in the U.S. The survey includes the investment activity of professional venture capital firms with or without a US office, SBICs, venture arms of corporations, institutions, investment banks and similar entities whose primary activity is financial investing. Where there are other participants such as angels, corporations, and governments in a qualified and verified financing round the entire amount of the round is included. Qualifying transactions include cash investments by these entities either directly or by participation in various forms of private placement. All recipient companies are private, and may have been newly-created or spun-out of existing companies.
The survey excludes debt, buyouts, recapitalizations, secondary purchases, IPOs, investments in public companies such as PIPES (private investments in public entities), investments for which the proceeds are primarily intended for acquisition such as roll-ups, change of ownership, and other forms of private equity that do not involve cash such as services-in-kind and venture leasing.
Investee companies must be domiciled in one of the 50 US states or DC even if substantial portions of their activities are outside the United States.
Data is primarily obtained from a quarterly survey of venture capital practitioners. Information is augmented by other research techniques including other public and private sources. All data is subject to verification with the venture capital firms and/or the investee companies. Only professional independent venture capital firms, institutional venture capital groups, and recognized corporate venture capital groups are included in venture capital industry rankings.
The PricewaterhouseCoopers Private Equity & Venture Capital Practice is part of the Global Technology Industry Group, www.pwcglobaltech.com. The group is comprised of industry professionals who deliver a broad spectrum of services to meet the needs of fast-growth technology start-ups and agile, global giants in key industry segments: Networking & Computers, Software & Internet, Semiconductors, Life Sciences and Private Equity & Venture Capital. PricewaterhouseCoopers is a recognized leader in each industry segment with services for technology clients in all stages of growth.
PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 130,000 people in 148 countries work collaboratively using connected thinking to develop fresh perspectives and practical advice. "PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity. http://www.pwcmoneytree.com/exhibits/MT_FutureCentric-2005-Rel.pdf
About Reconnex
Reconnex is the leading provider of enterprise risk management (ERM) systems that reveal and address the insider threat to compliance risks, competitive risks, corporate governance risks and critical infrastructure risks. Reconnex enables Fortune 1000 companies, government organizations, and smaller healthcare and financial services companies to protect their brands, shareholder value and mission critical operations by revealing hidden risks in the first 48 hours of deployment. Without exception, every deployment has enabled these organizations to quickly remediate the risks that could have damaged or destroyed their organization.
Give us two days, you'll knowT. Call Reconnex today at 1-866-940-4590 or visit us on the web at www.reconnex.net.
