Press release

SailPoint Delivers Predictive Identity Across IdentityNow and IdentityIQ Platforms

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Sponsored by Businesswire

Navigate ‘19 SailPoint
Technologies Holdings, Inc.
(NYSE: SAIL), the leader in enterprise identity
governance
, today revealed updates to both IdentityNow and
IdentityIQ to a sold-out crowd at Navigate ’19, the identity governance
conference. With the latest release of IdentityNow and version 8.0 of
IdentityIQ, SailPoint customers now have access to the next generation
of cloud identity governance, SailPoint
Predictive Identity
™. As a result, identity teams of all sizes can
now embrace an AI-driven approach to identity governance that is
adaptive, autonomous and predictive.

“Our business is moving and evolving quickly and our identity program
needs to keep pace,” said Dan Malloy, Senior IT Architect at Abbott.
“We’re eager to take our program to the next level, exploring the impact
that AI and machine learning can have. For example, leveraging AI-based
recommendations in access reviews and approvals will streamline and
reduce the burden of compliance and audit requirements. With SailPoint,
we are confident that our identity program will remain both nimble and
comprehensive.”

“Identity governance is at the core of securing the digital foundation
of today’s enterprise, yet the sheer amount of identity data that an
organization houses today has skyrocketed, leaving identity teams stuck
in an endless cycle of reacting,” said Paul Trulove, Chief Product
Officer, SailPoint. “With SailPoint Predictive Identity, identity teams
can finally get ahead, prioritizing areas of high-risk and efficiently
automating lower risk identity decisions, while adapting and automating
security or compliance policies along the way. This AI-driven approach
to identity is the next generation of identity governance.”

With the latest release of IdentityNow and IdentityIQ 8.0, SailPoint
continues to be laser-focused on helping organizations of all sizes to
govern smart with SailPoint Predictive Identity while continuing to
govern all and to govern deep in the following ways:

  • Govern Smart with SailPoint Predictive Identity by delivering a
    recommendations-based approach to identity that speeds identity
    decisions, evolving identity programs to be more dynamic, adaptive and
    predictive
  • Govern All by ensuring that all users and their access is
    appropriate for their role and current access needs, with enhanced
    capabilities that automatically shut-down lingering access that could
    result in unnecessary risk; and by extending governance of data stored
    in files to include sensitive data that is embedded in image files
  • Govern Deep by simplifying and streamlining access policies.
    For example, creating separation-of-duties (SoD) policies now takes a
    matter of minutes versus weeks, dramatically improving operational
    efficiency and security.

For more information on SailPoint’s cloud identity governance platform,
please visit: https://www.sailpoint.com/solutions/

Forward-Looking Statements/Product Roadmap:

This press release contains “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995,
including regarding the Company’s future product releases, features,
functionality, and plans. In some cases, you can identify
forward-looking statements because they contain words such as “may,”
“will,” “will be,” “will likely result,” “should,” “expects,” “plans,”
“anticipates,” “could,” “would,” “foresees,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential” or “continue” or the negative of these words or other
similar terms or expressions that concern our expectations, strategy,
plans or intentions. These forward-looking statements are not guarantees
of future performance, but are based on management’s current
expectations, assumptions and beliefs concerning future developments and
their potential effect on us, which are inherently subject to
uncertainties, risks and changes in circumstances that are difficult to
predict. Our expectations expressed or implied in these forward-looking
statements may not turn out to be correct. Our results could be
materially different from our expectations because of various risks.

Important factors, some of which are beyond our control, that could
cause actual results to differ materially from our historical results or
those expressed or implied by these forward-looking statements include
the following: our ability to attract and retain customers, including
larger organizations; our ability to deepen our relationships with
existing customers; our expectations regarding our customer growth rate;
our business plan and beliefs and objectives for future operations;
trends associated with our industry and potential market; benefits
associated with use of our platform and services; our ability to develop
or acquire new solutions, improve our platform and solutions and
increase the value of our platform and solutions; our ability to compete
successfully against current and future competitors; our ability to
further develop strategic relationships; our ability to achieve positive
returns on investments; our plans to acquire complementary businesses,
products or technology; our plans to further invest in and grow our
business, and our ability to effectively manage our growth and
associated investments; our ability to timely and effectively scale and
adapt our existing technology, our ability to increase our revenue, our
revenue growth rate and gross margin; our ability to generate sufficient
revenue to achieve and sustain profitability; our future financial
performance, including trends in revenue, cost of revenue, operating
expenses, other income and expenses, income taxes, billings and
customers; the sufficiency of our cash and cash equivalents and cash
generated from operations to meet our working capital and capital
expenditure requirements; our ability to raise capital and the loans of
those financings; our ability to attract, train and retain qualified
employees and key personnel; our ability to maintain and benefit from
our corporate culture; our ability to successfully identify, acquire and
integrate companies and assets; our ability to successfully enter new
markets and manage our international expansion; and our ability to
maintain, protect and enhance our intellectual property and not infringe
upon others’ intellectual property. These and other important risk
factors are described more fully in our reports and other documents
filed with the Securities and Exchange Commission (“the SEC”) including
under “Part I, Item 1A. Risk Factors” in our Annual Report on Form 10-K
for the year ended December 31, 2018, which was filed with the SEC on
March 18, 2019. Moreover, we operate in a very competitive and rapidly
changing environment. New risks and uncertainties emerge from time to
time and it is not possible for us to predict all risks and
uncertainties that could have an impact on the forward-looking
statements contained in this press release. We cannot assure you that
the results, events and circumstances reflected in the forward-looking
statements will be achieved or occur, and actual results, events or
circumstances could differ materially from those described in the
forward-looking statements.

Any forward-looking statement speaks only as of the date as of which
such statement is made, and, except as required by law, we undertake no
obligation to update or revise publicly any forward-looking statements,
whether because of new information, future events, or otherwise.

The development, release, and timing of any features or functionality
described for our products that are not currently available remains at
our sole discretion on a when, and if available, basis and may not be
delivered at all and should not be relied on in making a purchasing
decision.

SailPoint: The Power of Identity™

SailPoint, the leader in enterprise identity governance, brings the
Power of Identity to customers around the world. SailPoint’s open
identity platform gives organizations the power to enter new markets,
scale their workforces, embrace new technologies, innovate faster and
compete on a global basis. As both an industry pioneer and market leader
in identity governance, SailPoint delivers security, operational
efficiency and compliance to enterprises with complex IT environments.
SailPoint’s customers are among the world’s largest companies in a wide
range of industries, including: 8 of the top 15 banks, 4 of the top 6
healthcare insurance and managed care providers, 9 of the top 15
property and casualty insurance providers, 5 of the top 13
pharmaceutical companies, and 11 of the largest 15 federal agencies.

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SailPoint, the SailPoint logo, IdentityIQ, IdentityNow, IdentityAI,
SecurityIQ and all techniques are trademarks or registered trademarks of
SailPoint Technologies Holdings, Inc. in the U.S. and/or other
countries. All other products or services are trademarks of their
respective companies.