PRESS RELEASE

AUSTIN, July 23, 2013 - Leveraging its deep expertise in identity and access management (IAM), SailPoint today announced the industry's first IAM-as-a-service (IDaaS) that delivers enterprise-grade identity governance, provisioning and access management in a single, unified solution. Based on more than two years of dedicated R&D, SailPoint IdentityNow provides all the benefits of software-as-a-service (SaaS) – including faster time to value, ease of use, and lower operational and upgrade costs - combined with the security, scalability, and enterprise integration capabilities that global organizations require.

To date, enterprises have been slow to adopt IDaaS because of data security concerns, cross-domain integration challenges, and the limited capabilities of existing IDaaS offerings, which focus primarily on single sign-on (SSO) capabilities. With more than a decade of history and experience delivering IAM to the world's largest organizations, the SailPoint team is uniquely qualified to deliver a comprehensive IDaaS suite that meets the most stringent security, availability, scalability, and performance requirements. IdentityNow provides end-to-end data security, including strong encryption and secure and firewall-friendly integration to on-premises applications. The company has completed a rigorous SSAE16 SOC 1 audit.

"A true enterprise-grade IDaaS solution provides a lot of value to organizations like ours by addressing all of our IAM needs in a single solution and reducing the amount of time spent on implementation and customization," said Roger Gilhooly, CISO of Freescale® Semiconductor. "With IdentityNow, organizations can focus precious IT resources on rolling out new services to more applications, and that means more IT control and visibility over more applications in less time, which directly improves a company's security posture."

IdentityNow is a simple-to-deploy, cost-effective SaaS solution that provides immediate value to business and IT users with services that are fast to set up and easy to use. Its out-of-the-box capabilities mitigate the need for the heavy customization that is commonplace in enterprise IAM tools. Default policies, solution templates, and setup wizards make it easy to begin using IdentityNow, allowing enterprises to roll out IAM services within a matter of days. IdentityNow also features an innovative "mobile-first" interface and consumer-focused usability to simplify how business users manage daily IAM needs, including logging into cloud and web applications, requesting or reviewing access, and resetting passwords. The solution gives business users the convenience and ease of use they require, providing anytime, anywhere access to IdentityNow's services through their desktop and mobile devices.

SailPoint is the only IAM provider to offer enterprises a range of choices for deploying IAM and for migrating from on-premises to IDaaS over time. The company's industry-leading IAM suite, SailPoint IdentityIQ, delivers identity governance, provisioning, and access management via an on-premises deployment model, while IdentityNow provides a full suite of IAM capabilities delivered as cloud services. For customers who may wish to migrate to IDaaS in the future, SailPoint provides an innovative "Cloud On-Ramp" program that gives customers the flexibility to migrate from IdentityIQ to IdentityNow with minimal business disruption.

"Customers have been underserved by the IDaaS products available in the market because they do not meet the full scope of requirements for enterprise-grade IAM," said Kevin Cunningham, president and founder of SailPoint. "We spent two years designing and building IdentityNow with the specific needs of our enterprise customers in mind. With SailPoint IdentityIQ, and now SailPoint IdentityNow, we can provide the maximum range of choice for today's IAM challenges. And, our Cloud On-Ramp offers IdentityIQ customers a seamless migration path should they decide they want to evolve to an IDaaS model in the future. We believe our approach represents a significant market shift as to how IAM will be procured in the future."

Pricing and Availability

IdentityNow will be sold on a per-user, per-month, per-service subscription. IdentityNow services that will be available this quarter include: SSO, access certifications, and password management. Access request and provisioning and advanced policy and analytics services will be available in early 2014.