Watchfire Announces New Online Data Privacy Computer Based Training Program

Company Introduces New Program to Facilitate Expertise in Website Privacy Issues

WASHINGTON and WALTHAM, MA - March 7, 2007 - Today at The IAPP's Privacy Summit, Watchfire®, the market share leading provider of security, privacy, and online risk software and services, announced a new Computer Based Training (CBT) curriculum tailored specifically for privacy professionals. Organizations understand the importance of data privacy but need help educating employees to ensure proper protection.

Watchfire, an innovator in online privacy, is the most widely-used website privacy and compliance testing solution in the market. This new CBT program builds on the company's experience of helping Fortune 1,000 organizations with online privacy programs. No other company has more experience in website privacy.

Watchfire is now offering WebXM™ Privacy training curriculum to meet the specific needs of our privacy and compliance customers. This extends the company's recently announced Fanatical Success™ Program-which not only provides companies with the best technology but is dedicated to closing the knowledge gap amongst user groups, building out sustainable processes, and supporting customers 100 percent along the way.

Ensuring online privacy continues to be a time-consuming yet crucial requirement for any organization intent on protecting consumer and corporate data. Many organizations are feeling pressure from customers, peers and regulators to self-assess and self-correct problem areas, yet few have adequate-if any-procedures for effective privacy audits. Chief Privacy Officer's, general counsels, compliance, e-commerce and line of business executives all have a stake in mitigating online privacy risks. A program that incorporates education and user training, technology tailored to the unique needs of specific privacy stakeholders and ongoing services and support is the best way to bridge the knowledge gap and make customers more successful.

To help organizations address and manage this complex problem, Watchfire introduces a new suite of OnDemand computer based training solutions in support of its WebXM platform's privacy compliance capabilities, facilitating user expertise in online privacy. Leveraging a decade of expertise and best practices developed from hands-on customer deployments in many of the world's most challenging and complex websites, Watchfire has packaged a new suite of training offerings to give privacy professionals and other stakeholders the knowledge they need to succeed.

These convenient self-paced CBT modules will provide everything from a basic introduction to online privacy and how to build an effective web privacy program, to specific advanced technical use of the WebXM privacy module. Specific modules are targeted to educating CPO's, developers, and the business owners of websites, to educate them on privacy risks associated with data collection and information leakage. These training modules can be reviewed at any time for refresher training, providing knowledge on demand. Watchfire experts are also available for online privacy compliance guidance and assistance.

"As the first company to introduce comprehensive enterprise online privacy management software, Watchfire remains committed to privacy innovation that creates a competitive advantage and affords a new way of doing business for our customers. As websites grow in size and complexity, companies need more than just great technology to build and manage an effective online privacy compliance program," said Peter McKay, president and CEO, Watchfire. "We recognize that it's about providing customers with a combination of technology and education to help maximize their investment and success with Watchfire solutions. Our new OnDemand privacy training will help organizations better address and remain current on the latest online challenges."

Watchfire WebXM is the industry's first Online Risk Management solution to audit websites for issues impacting compliance and effectiveness. The Privacy module of WebXM scans online properties for issues such as missing privacy statements, insecure data collection forms, cookie presence and third-party links. The scan results automatically formulate user-friendly dashboards and reports, affording visibility into potential privacy risks. By taking advantage of Issue Management, a standard feature of the WebXM platform, companies can then proactively filter and prioritize identified issues to ensure faster remediation of an organization's most critical privacy concerns.

For more information on both WebXM and Watchfire's OnDemand Training please visit www.watchfire.com.

About Watchfire
Watchfire is the leading provider of web application security software and the only company to offer an end-to-end solution including intelligent fix recommendations to evaluate, understand and resolve issues. More than 800 enterprises and government agencies, including AXA Financial, SunTrust, HSBC, Vodafone, Veterans Affairs and Dell rely on Watchfire to identify, report and help remediate security vulnerabilities. Watchfire has been the recipient of several industry honors including: the HP/IAPP Privacy Innovation Award: winning three out of five SC Magazine Enterprise Awards, including Best Security Company; Computerworld's Innovative Technology Award; finalist for the pending Dr. Dobb's Jolt Product Excellence Awards; and "Recommended" rating by Computer Reseller News. For two years in a row, Watchfire has been named by IDC as the worldwide market share leader in web application vulnerability assessment software. Watchfire's partners include IBM Global Services, Fortify, PricewaterhouseCoopers, Sapient, Microsoft, Interwoven, EMC Documentum and Mercury. Watchfire is headquartered in Waltham, MA. For more information, please visit www.watchfire.com.