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SailPoint on Course for Record Growth and Profitability in 2011

Company Named a Role Management and Access Recertification “Leader” by Independent Research Firm

AUSTIN, August 25, 2011 – SailPoint continued its impressive market growth trajectory in the first half of 2011 and is on track to exceed 100% growth for the year. At the end of Q2 2011, the company had already closed the same level of business as in all of 2010, and marked its 10th consecutive growth quarter. Additionally, SailPoint was named a leader in the August 2011 Forrester Research Inc. report “The Forrester Wave: Role Management And Access Recertification, Q3 2011.” In this evaluation, SailPoint was one of the top ranked companies in customer behavior, viability, recertification, access request and approval, roles and ease of use.

The Forrester Wave report evaluated eight vendors in the identity governance (access recertification and role management) market. According to the report: “SailPoint’s IdentityIQ is the king of risk representation – since its inception it has had versatile support for assessing a credit-score-like risk for users and entitlements. Its user interface is one of the most customizable; the user’s splash page resembles a new portal’s intuitive layout with such features as portlets and drag-and-drop support.”

The Forrester Wave also includes a detailed scorecard, based on a rigorous, hands-on evaluation of SailPoint IdentityIQ. Highlights of that analysis of IdentityIQ include:
“The product has the most advanced capabilities of all other products in this Wave in risk management.”
“SailPoint is business-user friendly.” It goes on to say, “It has beautiful dashboards.”
“The company’s expansion into provisioning also makes it a viable choice for enterprises looking to implement closed-loop identity compliance.”
“Identity governance is recognized as the fastest growing segment of identity management, and SailPoint has been a pioneer of the market,” said Mark McClain, CEO and founder of SailPoint. “Independent validation of our leadership status is great, but we pride ourselves on our high customer satisfaction. We remain 100 percent focused on making our Global 2000 customers successful with their governance-based identity management initiatives. That includes delivering a highly scalable, innovative product and providing world-class customer support.”

SailPoint continues to receive industry recognition and accolades for its corporate successes and innovation with IdentityIQ. Already in 2011, SailPoint has been named: “The Innovative Company of the Year” in Security by Info Security based on product innovation; the “#1 Best Place to Work” by the Austin Business Journal based on employee sentiment; and a “2011 Red Herring 100 finalist” based on its strong financial performance. Additionally, CEO Mark McClain and President Kevin Cunningham, who have been with SailPoint since founding the company, were named finalists in the Ernst & Young “Entrepreneur of the Year” awards program.

About SailPoint
SailPoint, a leader in identity management, helps the world’s largest organizations to mitigate risk, reduce IT costs and ensure compliance. The company’s award-winning software, SailPoint IdentityIQ, provides superior visibility into and control over user access to sensitive applications and data while streamlining the access request and delivery process. As the industry’s first business-oriented identity governance suite, IdentityIQ quickly delivers tangible results with risk-aware compliance management, closed-loop user lifecycle management, flexible provisioning, an integrated governance model, and identity intelligence.

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