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Courion reports strong third quarter driven by worldwide sales of identity and access intelligence

Access intelligence and analytics help customers identify potential risks and streamline their identity and access management

WESTBOROUGH, Mass. — Courion Corporation, the leader in risk-driven identity and access management (IAM), today announced a strong third quarter as customers around the world in industries such as healthcare, manufacturing and defense seize on the company's unique capabilities for leveraging identity and access intelligence (IAI) to improve security, simplify access governance and manage access risk.

A number of companies purchased Courion's Access Insight™ in Q3, including health care provider HCR ManorCare and global automotive supplier Visteon Corporation. Access Insight provides a comprehensive view of the innumerable relationships between individuals, business units, roles, access, entitlements and activity across enterprise systems and resources. It delivers forensics, compliance notifications, threat notifications, risk notifications and the analysis of this information in near real-time so organizations can make smarter operational decisions, streamline audits and demonstrate governance.

The company's growth in Q3 also reflects new customers internationally, including new sales to leading UK retail businesses. Additionally, customers are expanding the breadth of their Courion Access Risk Management Suite deployments throughout the extended enterprise — e.g., through customer portals — in order to support increasing demand for secure, compliant 24x7 access for all types of users.

In order to support the growing customer base, Courion has expanded its staff in the U.S., EMEA and India to more than 200 employees worldwide.

"Our continued growth is a reflection of the needs of our customers to support the security and compliance pressures associated with providing open access to an extended user base. As the perimeter of the enterprise continues to blur with the increasing adoption of cloud applications and mobile devices, the risk of security breaches increases," said Chris Zannetos, president and CEO of Courion. "Early adopters of new, disruptive technologies such as identity and access intelligence are a representation of where the market is moving and how Courion is here to address it. Our strong performance in Q3 is a direct reflection of customers seeing the value of incorporating IAI in to their IAM strategy and our increasing penetration of the IAM market around the world."

About Courion

Courion Corporation is the pioneer of risk-driven identity and access management. Seventeen million users across more than 500 organizations rely on Courion's access risk management technology to align user access privileges with corporate and regulatory governance policies. Courion's cloud and on-premise solutions provide a full range of real-time identity and access management functionality while demonstrating compliance and achieving quick time-to-value. For more information, please visit our website at www.courion.com, our blog at blog.courion.com, or on Twitter at twitter.com/Courion.

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