Accelerator Centre Client company, PerspecSys, has just been recognized by Gartner Group as a "Cool Vendor" in the Cloud Security Services category for 2010.

PerspecSys is the leading  provider of solutions designed specifically to address data Privacy•Residency•Security for cloud applications. Enterprises that demand control over their Business Sensitive Data in order to meet regulatory, compliance, legal or corporate policy requirements, turn to PerspecSys to avoid storing their data in the Cloud. Installed on the enterprise network, PerspecSys' PRS solutions seamlessly intercept data exchanged between the user and the cloud application then dynamically replaces business sensitive data with secure values used in the cloud. Unlike traditional methods of securing data PerspecSys preserves virtually all of the cloud application functionality. The first release of the PerspecSys PRS Server™ supports salesforce.com and force.com applications. Visit www.perspecsys.com for further information and updates.

When asked to comment on receiving the Gartner Group distinction, Jeff Campbell (PerspecSys CEO) stated, "We are very proud to be recognized by Gartner as Cool Vendor. The analysts are exposed to many new technology companies every year and to be singled out as a "Cool Vendor" is confirmation that our solutions are not only innovative, but also address a need observed from dealings with their Enterprise clients. This recognition also reflects on the Waterloo community where technical innovation is fostered and commercialization of companies is accelerated through the effectiveness of programs managed by the Accelerator Centre and Communitech."

PerspecSys moved into the Accelerator Centre in January of this year and is proving to be an innovative company well on the path to success.