June 1, 2009: Silver Tail Selected in “Top Technology Companies to Watch” by Bank Technology News

Silver Tail founders and fraud experts, Laura Mather and Mike Eynon, highlighted as reasons for “the market to take notice.”

PALO ALTO, CA (MarketWire, June 1, 2009)  -- Silver Tail Systems, Inc., leader in the fight against business logic abuse, was named #2 in the “Top Tech Companies to Watch in 2009” list by Bank Technology News (a SourceMedia publication, also publisher of American Banker). The companies on this year’s version of the prestigious list include industry giants like MasterCard, FIS and Oracle, and “called out innovative startups with the potential to impact the financial services landscape.” Silver Tail is mentioned for its “enterprise-class software product” that looks for behavior anomalies to detect and disrupt online fraud.

Special attention to Silver Tail founders, Laura Mather and Mike Eynon, is noted in the article, “When a pair like this decide to build a Website security product designed to detect and prevent fraud perpetrated via Website attacks, the market ought to take notice.” Bill Bradway of Bradway Research, also interviewed in the article, comments further about Laura and Mike, “They're very well attuned to the pain that the fraud prevention teams have.”

“We are honored to be named to this list of impressive companies,” said Sherrick Murdoff, chief executive officer, Silver Tail Systems. “This recognition follows our recent Best of Show win at FinovateStartup09, the selection by banking industry research firm Bradway Research as ‘most likely to succeed’ and shows the commitment and value that Silver Tail brings to the financial services industry. It’s exciting to see the industry take notice of this emerging class of online fraud attacks called business logic abuse.”

For more on the Top Tech Companies to Watch article, click here. For more on the Silver Tail article, click here.

About Silver Tail Systems
Silver Tail Systems (http://www.silvertailsystems.com) provides next generation fraud prevention to protect against business logic abuse - a rising threat on application logic costing financial institutions hundreds of millions of dollars and significant loss of trust. Silver Tail products use real-time behavior analysis to detect and alert on known threats and new behaviors, then enables the business to disrupt these attacks in real-time. Founded by fraud prevention experts from eBay and PayPal, Silver Tail significantly reduces online fraud losses, protects your institution and increases customer trust.

Contact:
Silver Tail Systems
marketing@silvertailsystems.com
650-649-0122