Quest Software Continues Investment in Identity and Access Management with Latest Acquisition of Symlabs

Quest One Identity Solution Augmented with Virtual Directory Technology; Identity Intelligence, Multifactor Authentication and Active Directory Bridge Solutions Making Strides


ALISO VIEJO, Calif., June 6, 2011

News Facts:
  • Quest Software, Inc.  (Nasdaq: QSFT) today announced that it has acquired Symlabs, a privately held solutions provider that specializes in virtual directories and identity management solutions. The acquisition further extends the Quest® One Identity Solution to add strong middleware technology capabilities.
    • The addition of Symlabs virtual directory software will enable Quest products to easily consolidate identity data that is stored in the distributed environment.  
    • Symlabs also brings additional federated identity capabilities that will broaden the single sign-on solutions to create a secure, trusted environment out of multiple systems in a single enterprise, or from systems across multiple enterprises.
  • Quest One simplifies identity and access management (IAM) to increase security, efficiency and compliance by unifying  identities, roles, workflows, and approvals around existing IAM infrastructures and best practices. It enables compliance through access control and segregation of duties, with complete visibility and control driven by identity intelligence and business objectives.
  • Additional Quest One technologies making strides include:
    • Identity Intelligence – Quest One Identity Manager (formerly Voelcker ActiveEntry) has been updated to include a Wysiwyg-like mail editor; and approval workflow enhancements for reminder, timeout, escalation, and integration with Quest Webthority for single sign-on. Organizations can have a 360-degree view and complete control of IAM through a unified approach and a flexible IAM structure.
    • Multifactor Authentication – Symlabs virtual directory technology has already proven successful, as it allows Quest Defender to be installed in proof-of-concept or in production without the need for a schema extension. In addition, Defender now has user self-registration for software tokens, simplifying the deployment of multifactor authentication across the enterprise and decreasing implementation time and costs.
    • Active Directory Bridge – Quest has been awarded two additional U.S. patents for technology in this product:  7,895,332 “Identity migration system apparatus and method,” and 7,904,949 “Apparatus, systems and methods to provide authentication services to a legacy application.”

Quote:

Jackson Shaw, senior director of product management, Quest Software

“Symlabs has a strong history of eliminating complex integration problems quickly and inexpensively, and its virtual directory technology makes it a great fit for Quest One and our approach to simplifying IAM for IT and the business. This investment, as well as the recent patents, availability of Quest One Identity Manager and continued investment in multifactor authentication, continues to drive the new wave of IAM for our current and future customers.”

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About Us:

Quest Software (Nasdaq: QSFT) simplifies and reduces the cost of managing IT for more than 100,000 customers worldwide. Our innovative solutions make solving the toughest IT management problems easier, enabling customers to save time and money across physical, virtual and cloud environments.  For more information about Quest solutions for application management, database management, Windows management, virtualization management, and IT management, go to www.quest.com 

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 Quest, Quest Software and the Quest Software logo, Defender and Webthority are trademarks or registered trademarks of Quest Software in the United States and certain other countries. All other names mentioned herein may be trademarks of their respective owners.

 

Forward Looking Statements:
This press release includes predictions, statements and other information relating to our acquisition of Symlabs that might be considered forward-looking statements. These forward-looking statements relate, but are not limited, to the combination of Symlabs’ technologies with Quest product offerings, the capabilities of such technologies and offerings, and future benefits to Quest customers. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including: risks that the transaction or related integration activity may disrupt current plans, projects and operations, and our ability to recognize the benefits of the acquisition; reductions or delays in information technology spending; adverse changes in general economic or market conditions; our ability to successfully integrate Symlabs personnel, products and technologies into Quest product offerings; competitive factors, including industry consolidation, entry of new competitors into markets occupied by Symlabs products, and new product and marketing initiatives by our competitors; our ability to retain existing personnel and recruit and retain qualified personnel; and other risks described from time to time in Quest’s filings with the SEC. For a discussion of these and other related risks, please refer to our recent SEC filings, including our Annual Report on Form10-K for the year ended December 31, 2010, which are available on the SEC's website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. We undertake no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

 

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Contact Information:
Sr. Director, Corporate Communications
Phone: 949.754.8633

Lora Deeds

Sr. Public & Analyst Relations Specialist
Phone: 614.726.4660
Twitter: @Quest_News