THE SIX MOST PROMISING SECURITY STARTUPS OF 2008
By Tim Wilson

Dark Reading
OCTOBER 10, 2008 | 9:35 AM
NY

Judges unveil six finalists in the annual Global Security Challenge

Looking for the latest hot technologies in security? So are the judges
of the annual Global Security Challenge, a contest designed to help
seek out and identify the most promising startups in the industry.

Yesterday, the GSC judges announced the six finalists for the award,
which will be announced on Nov. 13. The winner will get a $500,000
grant in cash and mentorship from venture capitalists, courtesy of
the Technical Support Working Group of the U.S. government.

Some of these technologies seem more useful to a the Green Berets
or the CIA than to the average enterprise. However, there are some
emerging IT technologies in the list as well. Take a gander at this
year’s finalists — and start thinking about your entry for 2009.

1. Beyond Encryption

This Irish company has built and deployed an enforcement tool for
remote information security. It enables an organization to take an
offensive approach and pursue any device and its data, putting either
or both beyond the use of the current user. It is the first precision
information protection weapon with pinpoint accuracy for targeting and
protecting sensitive information on any device regardless of location.

2. Brain Fingerprinting Laboratories

Based in Seattle, this startup has developed a "brain fingerprinting"
technology. This humane, non-invasive, and accurate scientific
technology detects concealed information in the brain that can be
used for interrogations of criminal suspects (yes, really). It can
also detect Alzheimer’s disease and measure advertising effectiveness.

3. Hiperware

This Singapore upstart has developed a real-time decision-making
software that leverages cluster computing power for analyzing
enterprise processes to actively identify errors and monitor process
effectiveness.

4. Intuview

Based in Israel, this startup has developed a multi-engine "artificial
intuition" software for real-time categorization, summarization, and
intelligence extraction from large batches of documents in Arabic,
relating to the domain of Islam and terrorism with the goal of creating
a capability to interpret the hermeneutics of radical Islamic and
terrorist related texts without the need to have well versed Arabic
literate analysts on hand.

5. Precision Sensors Instrumentation

This Armenian company invented a single-layer, flat-coil-oscillator
absolute-position sensor that enables users to do more accurate
prediction of earthquakes and detection of armed activity in zero
visibility settings.

6. TRX Systems

A spinoff from the University of Maryland, this emerging company has
achieved a technological breakthrough for tracking first responders
both outdoors and within complex structures. The TRX system is
self-contained and requires no pre-existing infrastructure and can
even create virtual floor maps in real time.

Last year’s winner was NoblePeak Vision, which developed a breakthrough
technology for night video surveillance.

From: Emil Lazarian | Ararat NewsPress