PRESS RELEASE

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--WatchDox, provider of document control, tracking and protection solutions, today announced new enterprise and mobile functionality for its document security solution, to meet the requirements of its rapidly growing customer base. The company reported that it saw a 300 percent rise in revenues in the first quarter of the year. As Wikileaks and other prominent data leak incidents unfold, more enterprises are seeking secure document control, leading to significant new business for WatchDox.

“WatchDox lets them conduct all of these activities safely without impeding collaboration.”

“Technology advances have made it far more easy for organizations to collaborate with partners, prospects and customers, but it has also made it easier for data to move into the wrong hands,” said Adi Ruppin, vice president of marketing and business development of WatchDox. “Enterprises, especially financial institutions, pharmaceutical and biotech companies, have taken note of the Wikileaks news and numerous other leakage incidents, and they are moving decisively to protect their most important intellectual assets.”

To support its new and existing customers, WatchDox has added capacity and introduced performance feature enhancements specifically for larger, enterprise-grade deployments. The company has also updated its mobile application for the iPhone and iPad and recently announced plans to support additional platforms, including BlackBerry. New features include:

* Large-scale user provisioning: Easily define large user groups, set group-wide permissions within the WatchDox virtual data room and provision user group permissions across the entire system. * Batch download: Download thousands of documents at once while maintaining the original folder structure. * Increased capacity: Send documents and attachments securely to as many as 1,000 users directly from Microsoft Outlook. * Additional security features: Set granular permissions, such as watermarks and download permissions, on a per-document basis. * Storage choice: Designate storage facilities in the U.S., Europe or Asia.

“More enterprises are adopting our virtual data rooms and secure document sharing solutions to protect their mergers and acquisitions, to share reports with investors, and to distribute valuable and proprietary research,” said Ruppin. “WatchDox lets them conduct all of these activities safely without impeding collaboration.”

About WatchDox

WatchDox enables easy, secure and leak-free document sharing and collaboration, inside and outside of organizations. WatchDox’s secure document sharing and virtual data room software-as-a-service (SaaS) solutions allow companies to maintain full control and tracking over documents – wherever they go. Thousands of organizations in various industries including financial services, pharmaceutical and biotechnology, legal, energy, manufacturing, insurance, real estate, technology and government agencies have successfully used WatchDox’s solutions. Privately held, WatchDox is venture capital-backed by Shasta Ventures, Gemini Israel Funds and Shlomo Kramer (co-founder of Check Point and Imperva). WatchDox is headquartered in Mountain View, Calif. For more information, please visit http://www.watchdox.com.