Ping Identity has received the 2008 Innovation Award from Morgan Stanley at the firm's Eighth Annual CTO Summit.

"Ping Identity is the sole winner of this year's Innovation Award," said Morgan Stanley CIO, Jon Saxe. "The award recognizes creative new technologies that we believe will play an increasingly critical role in business enablement and growth."

The CTO Summit has brought Morgan Stanley IT executives together with hundreds of top tier venture capitalists, technology entrepreneurs, academia and business development executives. The Innovation Award recognizes those emerging technologies that have been selected by the Morgan Stanley IT organization, introduced via the CTO Summit Program and have differentiated themselves through the value derived from their use not only in Morgan Stanley but also in the overall marketplace.

"It is an extreme privilege to receive this award and to be in the company of past Innovation Award winners," said Ping Identity CEO Andre Durand. "Morgan Stanley IT has a reputation for carefully selecting who they work with and for choosing those innovative technologies which have the potential to transform their business. Their decision to include PingFederate in their own IT program is an honor that matches the award."  

About PingFederate
PingFederate provides an organization's users safe access to Internet applications without the need to repeat logins. Identity federation deployments that used to take six months or more now take days with PingFederate's easy-to-use comprehensive software. More than a dozen PingFederate integration kits enable first-mile integration, leveraging existing identity management infrastructure, and last-mile integration, providing scalable target application connections.

About Ping Identity Corporation
Ping Identity's dedication to delivering secure Internet single sign-on software and services for more than 200 customers worldwide has earned us recognition as the market leader in federated identity management. PingFederate, the world's first rapidly deployable identity federation software, provides organizations' users safe access to Internet applications without the need for repeat logins. With PingFederate and PingEnable—Ping Identity's expert support, services, and methodologies—external connections can be operational in less than a week. Download a free trial at http://www.pingidentity.com.