Press Releases

CODENOMICON EARNS THE NATIONAL INNOFINLAND 2007 AWARD

SAN JOSE, Calif., and OULU, Finland - November 21, 2007 - Codenomicon, Ltd., today announced it has received the national Innofinland prize of the President of the Republic 2007. Codenomicon is a leading provider of preemptive security and robustness testing solutions. According to Innofinland judges, Codenomicon received this award because it represents an innovative Finnish business which has used its knowledge to improve business competitiveness in an inventive way.

 ”We are very pleased to receive this prestigious national recognition," said Tuija Postari-Kivistö, vice president of operations at Codenomicon. "Many of our employees are from Finland so we feel a special appreciation for acknowledgement from our domestic markets as our business grows globally.”

Codenomicon was established in 2001 by a group of top security and software researchers from the University of Oulu with entrepreneurial passion. The company has grown rapidly and has already conquered a remarkable share of the security market. Codenomicon DEFENSICS enables companies to pre-emptively mitigate unknown and published threats in products and services prior to release or deployment - before systems are exposed, outages occur and zero-day attacks are exploited.

DEFENSICS offers unparalleled black box testing against the broadest set of applications, spanning over 120 Internet, wireless and digital media protocols. Unlike code analyzers and after-the-fact vulnerability scanners, the DEFENSICS platform empowers developers and security analysts to rapidly perform rigorous security and vulnerability tests at the protocol-level to identify and resolve issues that can result in reputation, quality, compliance and liability risks.

The purpose of the Innofinland Project is to promote creativity, skill and entrepreneurial spirit in Finland in a practical and creative way in order to improve opportunities to increase well-being nationally. The Innofinland Contest awards technological and service innovations achieved by creative and skilled Finnish businesses.

About INNOFINLAND

The purpose of INNOFINLAND is to promote creativity, skill, entrepreneurial spirit and co-operation in Finland in a practical and creative way in order to nationally improve opportunities for wellbeing. President of the Republic Tarja Halonen acts as the patron of the project.

Each year, the INNOFINLAND Project includes the following forms of activity: the INNOFINLAND Contest, regional INNOFINLAND events, the INNOSCHOOL Innovation Event for school pupils and the INNOINT Invention Contest for Conscripts.

The project also includes regional INNOFINLAND contests and a nation-wide INNOFINLAND contest. The participants in the Contest may be comprised of companies, organizations or private persons, whose ideas, inventions or innovations have significantly promoted business activities, entrepreneurship in general and the placing of inventions on the market.

About Codenomicon Ltd.

Codenomicon preemptive security and robustness testing solutions empower customers to mitigate unknown and published threats in products and services prior to release or deployment - before systems are exposed, outages occur and zero-day attacks are exploited. The world-proven Codenomicon DEFENSICS platform offers unparalleled blackbox testing against the broadest array of applications. Thousands of developers and security analysts across telecommunications, networking, manufacturing, financial services and defense industries rely on Codenomicon to reduce costly reputation, quality, compliance and liability risks. Headquartered in Oulu, Finland, with offices in California and Hong Kong, the company markets its test solutions and services directly and through international partners.

For more information, visit http://www.codenomicon.com.