NEW YORK – February 8, 2010 - Application Security, Inc., the leading provider of database security, risk and compliance solutions (SRC) for the enterprise, today announced it has significantly grown bookings and revenue results in 2009 for its market-leading product portfolio, AppDetectivePro™ for Auditors and IT Advisors and DbProtect™ for the enterprise.

Bookings for DbProtect, the firm's industry-leading enterprise database SRC platform, grew 31% in 2009 highlighted by 106% year-over-year growth for its DbProtect database activity monitoring (DAM) solution. In addition the company surpassed the 2,000 customer milestone, increased international sales 375%, and closed over 900 customer sales opportunities.

"AppSec's strong growth figures in 2009 reflect the strategic imperative that businesses are placing on database security, risk and compliance,"said John Ottman, president and CEO, Application Security, Inc. "Our DbProtect enterprise platform achieved significant growth because we live in a rapidly escalating threat environment, and CIOs have begun to prioritize the protection of sensitive data and business critical information.”

AppSec added numerous Fortune 1000 companies and leading organizations across multiple industries to its customer roster including Humana, Swiss Re, Orbitz, and the United States Air Force. The company also expanded its market-leading presence in the audit community as AppDetectivePro was named the defacto standard database audit solution for the Auditor General of Alberta, Excentium, Protiviti, Ernst & Young, NSSPlus and ASM Research among others.

 "AppSec's technology is increasingly relevant to enterprises that are challenged by audit requirements and sophisticated application layer attacks aimed at the databases that store critical enterprise data." said Paul Roberts, Senior Analyst, The 451 Group. "Given the company's strategic vision and dynamic product mix, global auditors and enterprise organizations will continue to see ROI in implementing AppSec solutions."

• Worldwide Bookings:  Worldwide bookings of the company's flagship enterprise platform, DbProtect, increased 31%. EMEA bookings increased over 375%.
• Database Activity Monitoring (DAM):  DbProtect DAM bookings grew 106% paced by multiple enterprise-wide wins at leading government, energy, banking and healthcare organizations. 
• Deployments:  AppSec software is now installed in more than 2,000 organizations worldwide, including more than 250 unique federal, state, and local government organizations, eight out of ten of the world's largest banks, three major credit card companies, two stock exchanges and several other of the world's largest financial services companies.
• User Rights Review:  "Separation of Duty"controls are a critical component of most compliance regulations.  Launched mid-year, the solution allows customers to manage database user entitlement review and mandate controls at the database level through an in-depth review of users, roles and privilege assignments.
• Federal Compliance Pack:  The new DbProtect Compliance Pack analytics module was released featuring faster console response, more scalable scan results and updates to FISMA best practice policies. 
• Standardization of DISA STIG Database Audits:  AppSec and NSSPlus collaborated to standardize DISA STIG database audits for Department of Defense (DoD) systems.
• Research and Development:  AppSec's Team SHATTER researchers were credited by Oracle three straight quarters in 2009 for reporting database vulnerabilities.  Furthermore, Team SHATTER enhanced its reputation as the world's leading database security research team as the SHATTER knowledgebase surpassed 2,000 vulnerabilities and checks qualifying it as the largest repository of known database vulnerabilities in the world.

 About Application Security, Inc.
Application Security, Inc. is the leading provider of agentless database security, risk and compliance (SRC) solutions for the enterprise.  Application Security, Inc.'s agentless approach - AppDetectivePro for auditors and IT advisors, and DbProtect for the enterprise - delivers the industry's most scalable database SRC solution and is in use around the world in the most demanding environments by over 2,000 customers.  The company was named to Inc. Magazine's 2007 (Inc. 500) and 2008 list of America's Fastest Growing Private Companies, and was also named to the 2008 Deloitte Technology Fast 50 by Deloitte & Touche.

For more information, please visit www.appsecinc.com.

Contact:
Kelly Kane                                                                               
Application Security, Inc.                                                           
kkane@appsecinc.com     
781-687-1023