PRESS RELEASE

NEW YORK, Dec. 16, 2014 /PRNewswire/ -- Quotium, an innovator in Agile software security, and VersionOne, leader in Agile ALM tools, today announced a strategic partnership to enable secure software development as part of VersionOne's unified development management platform.

During the first 6 months of 2014, major incidents have been reported around the world leading to the theft of more than 502 million data records. Web applications are handling a growing number of customer information and business transactions, thus becoming the main target for hackers.

Unfortunately, software development is moving faster than security tools.

Companies are moving to agile development methods, continuous integration and process automation to keep up with growing user demand. Agile development provides higher efficiency with reduced development costs. However, with this approach, application security is becoming challenging to follow due to development speed. Security needs to happen as fast as development itself.

Quotium helps organizations automate security testing as part of their SDLC to secure their applications at every build and release. Quotium's approach identifies - automatically and without human intervention - security vulnerabilities in application code. Quick testing speed and relevance of results, allows development teams to focus on vulnerabilities that represent a real threat to the company while maintaining development velocity.

In an agile environment, it is important to be able to manage the different aspects of the project from a central location. VersionOne is an all-in-one Agile Application Lifecycle management (ALM) platform allowing project stakeholders to work together with a single, integrated tool for coordinating software delivery plans, priority and progress. By improving the collaboration, co-ordination and communication between teams, VersionOne unleashes the power of Agile and helps the entire team understand what needs to be done for project success.

Quotium Seeker is now integrated with the VersionOne ALM platform to integrate security testing into the ongoing development and testing cycles. With Seeker and VersionOne, all stakeholders can now work together towards the common goal of Hacker-proof software. The process of security integration is streamlined with the minimum of friction and cost.

"In agile development, code security must be part of the ongoing agile development and testing process. The only way to achieve this is to integrate security testing into existing processes and tools, bringing security closer to R&D and making it automated and simple," says Irene Abezgauz, VP Product Management at Quotium.

ABOUT QUOTIUM

Agile development needs agile security. Quotium provides automated technologies to help businesses protect data and reduce application security risks. For organizations that are looking for a way to embed application security testing in their software lifecycle, our expertise and offerings provide efficient and effective vulnerability detection in an easy to use solution. For more information, visit http://www.quotium.com.

ABOUT VERSIONONE

VersionOne is a recognized leader and visionary in agile application lifecycle management (agile ALM). Today more than 50,000 teams, including more than 35 of the Fortune 100, use its agile ALM platform to scale agile faster, easier and smarter. Whether a small team or a global enterprise, VersionOne customers get the best agile software tools in the industry backed by the pioneers of agile project management. For more information, visit www.versionone.com.