Acton, Mass., May 14, 2012 - eIQnetworks, Inc., the only global provider of a unified situational awareness solution, today announced the company was selected as one of ten finalists to showcase at the 9th Annual MIT Sloan CIO Symposium on Tuesday, May 22, 2012, as its SecureVue unified situational awareness platform represents a cutting edge B2B solution that combines the strong value and innovation to enterprise IT. The MIT Sloan CIO Symposium is an annual one-day conference where CIOs and other senior business executives from around the world gather to explore how leading-edge academic research and innovative technologies can help address the practical challenges faced in today's changing economy.

WHAT: eIQnetworks’ SecureVue Unified Situational Awareness Platform at
9th Annual MIT Sloan CIO Symposium

WHEN: Tuesday, May 22, 2012

WHERE: Massachusetts Institute of Technology (MIT), Kresge Courtyard Tent, Cambridge, MA

“We are very impressed with the top ten Innovation Showcase finalists as their technologies demonstrate incredible state of the art thinking to today and tomorrow’s challenges,” said David L. Verrill, executive director of the MIT Center for Digital Business and co-chair of the Innovation Showcase. “The Innovation Showcase provides a terrific one-of-a-kind opportunity for these start-ups to gain a larger visibility in front of IT executives, key stakeholders and venture capitalists.”

Earlier this month, eIQnetworks announced a new version of SecureVue, the industry’s first platform to combine next-gen security information and event management (SIEM), security configuration auditing, compliance automation and contextual forensic analysis – all in a single solution. SecureVue allows security information analysts to strike back against cyber attacks, including data breaches and attacks related to advanced persistent threats (APTs) – with powerful capabilities unmatched in the industry.

“We are delighted eIQnetworks is among the finalists to exhibit at the prestigious MIT Sloan Showcase,” commented Vijay Basani, president and CEO, eIQnetworks. “We look forward to meeting with CIO's and senior IT executives who have some of the most creative minds in the enterprise IT space and sharing how SecureVue is helping our customers realize tremendous savings associated with security and compliance costs.”

The Innovation Showcase will take place at 6:20 p.m. in the Kresge courtyard tent at MIT in Cambridge, MA. The full agenda of the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.For a full list of Innovation Showcase finalists, visit http://www.mitcio.com/innov.php.

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global event for CIOs and senior IT executives to become better business leaders. In one day, CIOs and senior IT executives receive actionable information that enables them to meet the challenges of today’s changing global economy. The annual event offers a day of interactive learning and thought-provoking discourse on the future of technology, best practices and business that is not available anywhere else. The MIT Sloan CIO Symposium is organized and developed by a team from the MIT Sloan Alumni Club of Boston, the MIT Center for Digital Business and the Boston Chapter of the Society for Information Management. Visit www.mitcio.com for more information and registration.

To stay connected to the community developing around the Symposium, please join The Global CIO & Executive IT Group (An MIT Sloan CIO Group), which can be found on Linkedin.com: http://www.linkedin.com/groupInvitation?groupID=1719457. Follow Symposium updates on Twitter: http://twitter.com/mitciosymposium.

About eIQnetworks

eIQnetworks is the only global provider of a unified situational awareness solution, serving the largest enterprises around the world including government, financial, telecommunications, retail, pharmaceutical and healthcare. The company’s unified situational awareness platform, SecureVue®, delivers an accurate, timely and coherent view of the threat, compliance and risk posture via a single console. SecureVue provides real-time continuous security monitoring, compliance automation, configuration auditing and forensic analysis, all in a single solution. Vital to the protection of an organization’s infrastructure, SecureVue helps global enterprises proactively protect against cyber attacks, advanced persistent threats (APTs), data breaches and policy violations, so they can respond to incidents and implement security best practices. eIQnetworks is a privately held company headquartered in Acton, Mass. For more information, visit: http://www.eiqnetworks.com.