Tufin recognized for its Innovation, Management Team and Execution of Strategy Tufin Technologies today announced that it has been named a 2010 Hot 100 EMEA finalist for the Red Herring 100 Europe 2010 Awards, a prestigious list honoring the year's 100 most innovative and promising private technology ventures in the EMEA region. The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. This honor is the latest in a steady stream of awards and accolades Tufin has received over the past 18 months, including numerous SC Magazine and Network Products Guide honors, Information Week's Start-up 50, and CRN's Emerging Vendors. "We are deeply honored to be named a finalist for the Red Herring 100 Europe," said Ruvi Kitov, CEO, Tufin Technologies. "Validation from such a prestigious organization is extremely rewarding. It motivates us to work even harder to deliver high value solutions that enable our customers to much more cost-effectively and strategically manage network security policy and change management." Finalists for the 2010 edition of the Red Herring 100 Europe award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award. "This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Tufin shows great promise therefore deserves to be among the Finalists." Tufin is one of 200 finalists. With more than 500 customers worldwide, Tufin has quickly established itself as the undisputed Security Lifecycle Management market and thought leader. Tufin's ongoing traction validates that the security, compliance and operational improvements gained by automating firewall policy and change management are widely recognized. Tufin's momentum in 2010 has been fueled in great part by it's ability to extend those benefits to additional network infrastructure such as routers, switches, and load balancers, providing security practitioners with a cost effective, attainable strategy for improving network security operations. The Finalists are invited to present their winning strategies at the Red Herring Europe Conference in Paris, May 25-27, 2010. The Top 100 winners will be announced at a special awards ceremony on May 27 at the event. About Red Herring Red Herring is a global media company uniting the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine; an online daily technology news service; technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information visit http://www.redherring.com/ Red Herring hosts events around the globe - from Beijing to Budapest to Kyoto to Cannes. Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists and other financiers, entrepreneurs and our own business intelligence team to share ideas and present our research-based discoveries. Attendees explore the strategic shifts and disruptions that new technologies will have across all continents.

About Tufin 

Tufin (NYSE: TUFN) simplifies management of some of the largest, most complex networks in the world, consisting of thousands of firewall and network devices and emerging hybrid cloud infrastructures. Enterprises select the company’s Tufin Orchestration Suite™ to increase agility in the face of ever-changing business demands while maintaining a robust security posture. The Suite reduces the attack surface and meets the need for greater visibility into secure and reliable application connectivity. With over 2000 customers since its inception, Tufin’s network security automation enables enterprises to implement changes in minutes instead of days, while improving their security posture and business agility. 

Find out more at: www.tufin.com

Follow Tufin on Twitter: @TufinTech

Read more on Tufin’s blog: Suite Talk

Investor Relations Contact:
Ryan Burkart

Susan Rivera
Corporate Communications Manager

Source: Tufin