BELLEVUE, Wash., Oct. 2, 2018 - Today at its sold-out ENGAGE ‘18 global customer conference, Smartsheet (NYSE: SMAR), a leading cloud-based platform for work execution, announced that it is one of four cloud service providers selected by the Joint Authorization Board (JAB) for the Federal Risk and Authorization Management Program (FedRAMP) Connect program. This means Smartsheet is being prioritized for FedRAMP authorization based on demand from federal government agencies.
FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services, with a goal to protect US citizen data in the cloud. FedRAMP administers a marketplace of approved providers to increase the use of cloud services and facilitate digital transformation across government agencies.
“This is welcome validation for both the security of our platform and the demand for cloud-based work execution tools that exists within the government,” said Ignacio Martinez, Vice President of Risk and Compliance, Smartsheet. “We look forward to working with the JAB to complete the FedRAMP authorization process and having our platform included in the FedRAMP marketplace, helping federal agencies improve how they work.”
For more information on the Smartsheet platform, please visit www.Smartsheet.com.
Smartsheet enables teams to get work done fast and efficiently. Smartsheet is a leading cloud-based platform for work execution, empowering organizations to plan, capture, track, automate, and report on work at scale, resulting in more efficient processes and better business outcomes. Smartsheet empowers collaboration, drives better decision making, and accelerates innovation for over 76,000 customers in 190 countries, including 96 percent of the Fortune 100. Smartsheet complements existing enterprise investments by deeply integrating with applications from Microsoft, Google, Salesforce, Atlassian, and many others.
This press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, statements about Smartsheet’s growth and growth plans, anticipated headcount expansion, expectations regarding possible or assumed business strategies, potential growth and innovation opportunities, new products, and potential market opportunities.
Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “believes,” “continue,” “could,” “plans,” “potential,” “remain,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our ability to achieve future growth and sustain our growth rate, our ability to attract and retain employees, our ability to attract and retain customers and increase sales to our customers, our ability to develop and release new products and services and to scale our platform, our ability to increase adoption of our platform through our self-service model, our ability to maintain and grow our relationships with strategic partners, the highly competitive and rapidly evolving market in which we participate, our ability to identify targets for, execute on or realize the benefits of potential acquisitions, and our international expansion strategies. Further information on risks that could cause actual results to differ materially from forecasted results is included in our filings with the SEC, including our Quarterly Report on Form 10-Q for the period ended July 31, 2018 filed with the SEC on September 10, 2018. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.