Quantum Secure marks another strong year of growth at ASIS 2012

Sept. 10, 2012
New product launch, customer wins, record revenues and team growth highlight company’s continued momentum

Philadelphia, PA (September 10, 2012) – Quantum Secure, Inc., the leading provider of enterprise software to manage and streamline security identities, compliance and events across disparate physical security systems, reports another banner year at ASIS 2012, highlighted by record revenues, new products and features, continued profitable growth and a host of new customers.

Quantum Secure continues to strengthen its position with strategic customer acquisitions in a variety of industries. Notable new customers include British Telecom, Visa, General Motors, Verizon Wireless, Oracle Corporation, AT&T, United Health Group, Phoenix Sky Harbor Airport,Port of Houston and Xilinx. In the Federal Government space, Quantum Secure continues to expand its footprint at the Department of Energy with the additions of Idaho National Lab and Oakridge National Lab. TheNew WorldTradeCenterwas also added as a strategic customer, along with the US Department of Interior. The SAFE Solution now manages over 3 million physical identities within Quantum Secure’s customer base.

These new customers continue to add depth to Quantum Secure’s substantial customer base, which includes such marquee names as the San Francisco International Airport, Lawrence Livermore National Laboratory, Lawrence Berkeley National Laboratory, Adobe Systems, Juniper Networks, Symantec Corporation, the U.S. Department of Health and Human Services, Toronto Pearson International Airport, Cincinnati Children's Hospital Medical Center, the U.S. Federal Food & Drug Administration, Aspen Pitkin County Airport, Roger Williams University, the Empire State Building and the Bill & Melinda Gates Foundation.

Industry analysts including Gartner continue to report the need for a holistic approach to managing physical identities through a unified solution like SAFE Physical Identity and Access Management (PIAM). A recent study conducted by IDG Research shows that vendor-managed PIAM solutions enhance overall security and compliance to regulations while cutting operational costs. The survey further found that physical identity management is a priority to most organizations, with 62% of the respondents viewing PIAM as critical and PIAM solutions gaining momentum. The survey also found that in-house developed custom solutions tend to cost five to seven times more than COTS packages and are subject to limited functionality and inflexibility.

“We find ourselves in the midst of another successful year of growth for Quantum Secure, especially as it pertains to paving the way for a holistic approach to streamlining the physical identity lifecycle,” said Ajay Jain, Quantum Secure President and CEO. “The continuous momentum around PIAM has shown the extraordinary ROI of the SAFE suite. Our customers are realizing unprecedented value and continue to purchase additional SAFE modules, signaling the fit of Quantum Secure’s products. We look forward to continuing to help our customers reduce costs, ensure compliance and lower their overall levels of corporate risk with our award-winning SAFE software suite.”

While at ASIS 2012, Quantum Secure continues its market leadership by launching significant enhancements to its physical identity and access management software suite, SAFE. In order to satisfy the ever-growing trend of business intelligence, Quantum Secure has released the next generation SAFE Security Intelligence modules, to provide organizations with an executive-level dashboard of their security operations to help prioritize and analyze their risk exposure relative to physical identity, events and access management across disparate systems and infrastructure. SAFE also launched its stand-alone module, SAFE Data Match and Reconciliation – recognizing and understanding the need for customers to cleanse their data in the most cost-effective, simple manner possible.

Quantum Secure has continued its aggressive campaign to add partners; the current list includes ADT, Deloitte, Cap Gemini, HP, Booz Allen Hamilton, Oracle Corporation, Microsoft, IBM, VidSys, Proximex, NICE, Verint, Cisco, HID, L-1 Identity Solutions, Lenel, Tyco/Software House, AMAG, Hirsch Electronic, Axway and the American Association of Airport Executives (AAAE). In addition to the U.S. Partners, Quantum Secure is strategically positioning itself in EMEA with partnerships with Accessec inGermany, ARINC in theUK, DG-10, Reliance, JCI – EMEA, VidSys in Europe, NICE – EMEA, and Rates inAfrica.

“Our partnerships with these leading organizations are a key part of our growth and continued momentum,” added Jain. “Their expertise and deep dedication to the space are key elements in the growth of the entire physical identity and access management ecosystem.”

In support of Quantum Secure’s continued growth, the company has significantly expanded its employee base, adding new team members around the world across all disciplines to cement its market leadership position.

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