CoSoSys Named 2008 Hot Companies Finalists by Silicon Valley Communications

Press Release

CoSoSys Named 2008 Hot Companies Finalists by Silicon Valley Communications
Winners Will Be Honored At Technosium 2008, Silicon Valley - California

Cluj Napoca, Romania – November 7th, 2007 – CoSoSys announced today that it has been named a 2008 Hot Companies finalist by Silicon Valley Communications. Selected from a global industry analysis of information technology vendors which included established large companies, mid-size and new start-ups around the world, CoSoSys has advanced to the finalists stage based on the "4Ps" selection criteria—namely Products, People, Performance, and Potential. The coveted 2008 Hot Companies analysis encompasses companies in all areas of information technologies including security, wireless, storage, networking, software and communications.

The "Hot Companies" 2008 evaluation process also assessed candidates for entrepreneurial spirit, seasoned executives with relevant experience, clear understanding of the segment of IT market they are currently active and plan to stay active, products and solutions that are positioned to take advantage of the emerging market opportunities, well developed revenue-growth model and clearly planned expansion strategies.

The 2008 Hot Companies winners will be announced and honored at the 2008 “Executive Leadership Summit” hosted by Technosium 2008 (www.technosium.com) at the Santa Clara Convention Center located in the heart of Silicon Valley, California, USA on January 27-29, 2008. CoSoSys will be amongst the other key industry players at this event. The CEOs of finalists will be presenting their company’s 4Ps criteria to an audience of leading entrepreneurs, IT companies, venture capitalists, corporate strategists and global press. To see the complete list of finalists please visit http://www.technosium.com/hotcompanies/

"We are delighted that our company has reached the 2008 Hot Company Finalist stage," said Roman Foeckl, Managing Director of CoSoSys. "This further validates our position as a company poised to successfully overcome the security issues faced by organizations today, especially those related to insider threat, data leakage and device control at endpoints. With the new version of Endpoint Protector and building on top of our partner program targeted at security specialized VARs, we are enforcing the fact that CoSoSys has won the position of leader and former of the endpoint security market in Eastern Europe. We are proud of this accomplishment and will be presenting at the 2008 Executive Summit to win the 2008 Hot Companies award."

About CoSoSys

CoSoSys SRL is specialized in network endpoint security and the development of software for portable storage device enhancement. The application portfolio includes functions from password security, data synchronization and network security. CoSoSys distributes its products globally through world’s leading hardware manufacturers, software Distributors, Resellers and directly to users at www.cososys.com. CoSoSys enjoys a continuously growing installation base of users worldwide. The company is headquartered in Cluj-Napoca, Romania and has sales representatives in the United States and Germany.

Images and additional materials

http://www.cososys.com/press_room.html

CoSoSys press contact:

CoSoSys Ltd.
Paula Braun
400036 Cluj-Napoca, RO
Tel: +40-264-593 110
Fax: +40-264-593 113
E-mail: paula.braun@cososys.com