SecureSpan Enables Fast, Flexible Business Integration for Global Organizations

Vancouver, BC – Layer 7 Technologies, a leading provider of Web services security and policy management solutions, is pleased to accept the “Most Promising Start-Up” award at the 11th annual BC TIA Awards. BC Technology Industries Association (BC TIA), dedicated to fostering growth and development of the technology industry, recognized Layer 7 for significant potential, creativity and a promising future. Founded in 2002, the company has rapidly expanded with 26 employees in three offices including Vancouver, San Mateo and New York. Layer 7 Technologies has successfully raised $6 million from GrowthWorks Venture Capital, BDC Venture Capital, and Shoreline Venture Management.

Layer 7 Technologies addresses the Web services market that is growing at a compound annual rate of 300%. The company is well positioned to exploit this technology and become a leader in its sphere. Additionally, the executive team and corporate board contain industry technology leaders, visionaries, and advisors to guide vision; the business recently closed funding with U.S. based Shoreline Venture Management and recruited the Ex-CIO of Wells Fargo as a board member. Layer 7 has formed strong alliances, released a product that has won accolades from press and industry analysts, and secured a reasonable amount of capital while keeping expenses down.

“We are thrilled to be recognized for both our technology innovation as well as our commitment to growing intelligently as a company,” said Lonny McLean, president and CEO of Layer 7 Technologies. “As we quickly mature from a start-up, our mission remains focused on the basics of quality service and support. We look forward to showcasing ongoing success in a market with fantastic opportunity.”

Layer 7 Technologies is pioneering the market for purpose-built technology for controlling security and integration policy across distributed Web services. The Layer 7 SecureSpan Solution lets application architects centrally define, administer and audit “fine-grained” security and integration policies without programming. The benefits include faster, safer and more flexible integrations.

About BC TIA
BC Technology Industries Association is the largest and most influential association representing BC's technology industry. BC TIA programs and services are designed to meet the needs of the industry in the areas of networking, education, public awareness, marketing and government relations.

About Layer 7 Technologies

With offices in San Mateo, CA, New York, NY and Vancouver, Canada, Layer 7 Technologies (www.layer7tech.com) helps enterprises realize secure, cost-effective business integration using Web services. The Layer 7 SecureSpan Solution is the first end-to-end technology designed to coordinate Web services security and integration policy, without expensive and inflexible programming. Layer7 customers realize lowered integration costs, increased security and the ability to future proof their Web services investments.