Citadel Files Provisionary Patent For Hercules(TM), Software for Automatically Repairing Network Security Vulnerabilities
Hercules offers revolutionary security benefits for large corporations and organizations.
(PRWEB) January 5, 2002
DALLAS, TEXAS – January 4, 2002 - CT Holdings (OTCBB: CITN) today announced that its subsidiary, Citadel Security Software, Inc., a leading provider of network security and privacy software, has filed a provisional U. S. patent for core technologies and processes for Hercules(TM), its automated network vulnerability remediation application. Hercules’ revolutionary design totally automates the remediation process. The first solution of its kind, Hercules will reduce the work effort for IT personnel by fixing vulnerabilities faster and more accurately. This in turn will reduce costs, secure the network and ensure corporate security.
The Hercules Beta program was successfully launched in December. Participants in this program include a variety of large corporations and institutions. Initial customer evaluations are strong and indicate the product will be well received by security and IT professionals.
“Hercules is a breakthrough remediation solution. We’re confident its pioneering approach will be rewarded with patent protection,” said Steven B. Solomon, Chairman and CEO of CT Holdings, Inc. and Citadel Security. “Not only does Hercules uniquely and effectively fill critical security gaps in the enterprise computing environment, it also saves corporations a significant amount of time and resources as well as reducing security risks.”
Using an exclusive process, Hercules automates the remediation of vulnerabilities discovered by leading scanning applications such as ISS, Network Associates CyberCop and Microsoft. The system operates in Windows 2000 and XP, and future releases will support the Unix/Linux and Solaris platforms. Hercules provides customers with real-time remediation definitions allowing system administrators and security officers to quickly select and deploy resolutions for the vulnerabilities found in their environment. It also generates reports of resolved vulnerabilities and continuously monitors systems to ensure compliance.
"We are extremely pleased with HerculesÂ’ initial market acceptance. Citadel's mission to leverage years of technology development into a highly scalable security solution today becomes reality," said Carl E. Banzhof, Chief Technology Officer for Citadel Security. "HerculesÂ’ advanced technology provides a solution that will reduce the lifecycle of vulnerabilities from discovery to remediation and continued compliance."
For more information about Hercules or any other Citadel Security Software products, visit www. citadel. com.
About Citadel Security Software:
Citadel Security Software, Inc. develops and markets computer security and privacy software and network vulnerability remediation systems for one of the fastest growing segments today – security “inside the firewall.” These products enable companies to enforce security policies from a single point of control across all Windows and NetWare platforms. Citadel Security Software products secure confidential information, applications and systems from unauthorized access, worms, and other security vulnerabilities. The products specifically enforce policies recently mandated by HIPAA and Gramm-Leach-Bliley legislation for the health care and financial industries. Citadel’s clients include IBM Global Services, Merrill Lynch, the U. S. Navy and several large health care companies.
Citadel Security Software is a subsidiary of CT Holdings, Inc. (OTCBB: CITN). CT Holdings has previously disclosed its intention to spin off the shares of Citadel Security to the shareholders of CT Holdings upon compliance with SEC requirements. For information on purchasing Citadel Security Software products, contact the company at: Citadel Security Software, Inc., 3811 Turtle Creek Blvd., Suite 770, Dallas, Texas 75219; phone: 214/520.9292; fax: 214/520.9293, or visit its web site at www. citadel. com.
Safe Harbor/Forward-looking Statements
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including risks associated with the events required to occur before the consummation of the distribution, lack of Citadel Security operating history, and the uncertainty of future profitability of Citadel Security, as well as uncertainties related to the Hercules patent application, and there can be no assurances that the Hercules patent application will be awarded or that Citadel's intellectual property will otherwise be protected. These and other risks are detailed from time to time in CT Holdings' SEC reports, including the report on Form 10-KSB for the year ended December 31, 2000 and its most recent Form 10-QSBs, as well as in the Registration Statement on Form 10-SB, to be filed by Citadel Security in connection with the proposed distribution
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