Forbes Magazine Names Ping Identity One of America’s Most Promising Companies

Ranked #56 on List of High-Growth, Privately Held U.S. Companies

DENVER, Colo. — February 8, 2013 — Ping Identity®, The Cloud Identity Security Leader™, today announced it has been named one of America’s Most Promising Companies by Forbes Magazine. The Company was ranked #56 on the annual list of the top 100 privately held high-growth companies with bright futures. Recognized for record growth, product excellence and customer adoption, Ping Identity is the only identity security company to make the list.

“We’re thrilled to be recognized by Forbes,” said Ping Identity CEO Andre Durand. “We started Ping Identity on the wild idea that identity was central to unlocking amazing new business potential. Today that crazy idea is a reality as companies view identity as instrumental to cloud and mobile security. The customers and industry supporters who shared our vision have been invaluable to our success.”

Forbes’ list of America's Most Promising Companies features 100 privately-held companies whose compelling business models, strong management teams, notable customers, strategic partners and precious investment capital have separated them as fast growing companies with impressive growth prospects. Ping Identity is listed as #56 on Forbes annual ranking of America’s Most Promising Companies. To view the complete list, please visit http://www.forbes.com/most-promising-companies.

This latest accolade continues the significant market momentum experienced by Ping Identity. The company recently announced significant record growth by adding more than 200 new customers in 2012, raising its total to nearly 1,000, including 45 of the Fortune 100, and adding100 new SaaS vendors to its SaaS Partner Program, growing to more than 280.

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