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Varonis CEO and Co-Founder Yaki Faitelson Receives EY Entrepreneur Of The Year(TM) 2014 Award in Technology Category for New York

NEW YORK, NY -- (Marketwired) -- 06/18/14 -- EY today announced that Varonis (NASDAQ: VRNS) CEO and Co-Founder Yaki Faitelson has received the EY Entrepreneur Of The Year™ 2014 Award in the technology category in New York. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Faitelson was selected by an independent panel of judges, and the award was presented at a special gala event at the Marriott Marquis on Tuesday, June 17th.

Varonis Systems, the leading provider of software solutions for unstructured, human-generated enterprise data, was founded in 2004 by Faitelson and Co-Founder Ohad Korkus.

Faitelson said, "On behalf of the entire Varonis team, we are extremely grateful to EY and to the judges for this recognition," said Faitelson. "Nearly a decade ago, my co-founder Ohad Korkus and I had a dream to build a technology platform that would enable organizations to realize more value from the data their employees create and share every day -- making them more productive, more secure and more cost-efficient. Many great people joined us along the way and we created a new software company that could thrive at the intersection of security and productivity and make the digital world a better place. Today we are fortunate to be doing a lot of good for our customers, employees and our shareholders."

Now in its 28th year, the EY Entrepreneur of the Year program has honored the inspirational leadership of such entrepreneurs as Howard Schultz of Starbucks Coffee Company, Pierre Omidyar of eBay, Inc., and Mindy Grossman of HSN. Recent US national winners include Reid Hoffman and Jeff Weiner of LinkedIn; Hamdi Ulukaya, founder of Chobani; and 2013 winner Hamid Moghadam, CEO and Chairman of Prologis.

As a New York award winner, Faitelson is now eligible for consideration for the Entrepreneur Of The Year 2014 national program. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®, the nation's most prestigious gathering of high-growth, market-leading companies.

Founded and produced by EY, the Entrepreneur Of The Year Awards are sponsored in the United States by the Ewing Marion Kauffman Foundation and SAP America.

In New York, sponsors include Marsh Inc., Merrill Corporation, Empire Valuation Consultants, HSBC, Scherzer International, SolomonEdwardsGroup, DLA Piper, Marks Paneth, Murray Devine, Orrick, Herrington, and Sutcliffe, and SmartCEO.

About Varonis

Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of March 31, 2014, Varonis had approximately 2,550 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.

About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

About EY's Strategic Growth Markets practice
EY's Strategic Growth Markets (SGM) practices guide leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.

About EY
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

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