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AdmitOne Security Named as Finalist in 2009 American Business Awards Identity Assurance and Analytics Provider Recognized in “Most Innovative Company of the Year” Category Seattle, Washington – May 20, 2009 — AdmitOne Security, the leading innovator of identity assurance and analytics solutions, was named a finalist today in the “Most Innovative Company of the Year” category in the 2009 American Business Awards.
The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit entries to the ABAs – public and private, for-profit and non-profit, large and small.
AdmitOne earned recognition from the American Business Awards for adapting its patented identity assurance technology into a hosted revenue assurance solution for online services. Every day, at least 10-20 percent of online subscription revenue is lost due to unauthorized account sharing. In 2008, AdmitOne released AdmitOne Security Scout for detecting and remediating account sharing in an online service. Within the first three months of availability, Scout was providing revenue assurance for more than 50,000 subscriptions. After its initial launch in the real estate sector, AdmitOne announced earlier this week it would collaborate with the Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) to help solve the estimated $8 billion piracy problem in the financial information industry.
Stevie Award winners will be announced during the annual gala on Monday, June 22 at the Marriott Marquis Hotel in New York City. Six-hundred executives from across the U.S.A. are expected to attend. The ceremonies will be broadcast on radio nationwide by the Business TalkRadio Network and hosted by Cheryl Casone of Fox Business Network.
More than 2,600 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Most Innovative Company, Best Management Team, Best New Product or Service, Best Corporate Social Responsibility Program, and Best Corporate Environmental Responsibility Program. AdmitOne will be competing in the Most Innovative Company category.
Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie Award winners from among Finalists in final judging that will continue through June 3. Finalists were chosen by business professionals nationwide during preliminary judging in April through early May.
“Despite very tough economic conditions, many organizations and individuals continue to perform well,” said Michael Gallagher, founder and president of The Stevie Awards. “The results of the 2009 ABAs thus far are a testament to the resilience, creativity, and hard work of American organizations, executives, and workers.”
“AdmitOne Security is focused on bringing innovative solutions to market that enable service providers to drive top-line revenue by better understanding the subscribers,” said Mark Upson, CEO, AdmitOne Security. “We are honored to be recognized by the American Business Awards for our ability to not only think outside the box but to act on our insights as well.”
Details about The American Business Awards and the list of Finalists in all categories are available at www.stevieawards.com/aba.
About AdmitOne Security
AdmitOne Security (www.admitonesecurity.com), located in Issaquah, Washington, is a venture-backed software-as-a-service provider of identity assurance and analytics solutions. By combining rich usage data collection with robust analytics, AdmitOne Security provides solutions that identify and remediate revenue leaks for online services. AdmitOne is currently delivering revenue assurance solutions in a variety of industries including: real estate, financial information services, SaaS, and digital media. To learn more about AdmitOne Security, visit http://www.admitonesecurity.com or call (425) 649-1100.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.
Supporting sponsors of The 2009 American Business Awards include High Performance Technologies Inc., John Hancock, Lifelock, RCN Corporation, Softpro, and Ultimate Software. Media sponsor is the Business TalkRadio Network. Localization partner of the 2009 Stevie Awards is Lionbridge.
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