Acton, MA – June 20, 2006– eIQnetworks™, Inc. (www.eIQnetworks.com) today announced it has appointed Cheng Wu, the founder and chairman of Acopia Networks, to its board of directors. A networking and communications industry veteran, Cheng Wu brings more than 20 years experience identifying key market trends and building successful, high-growth businesses including Acopia Networks, ArrowPoint Communications and Arris Networks.

“eIQnetworks is clearly demonstrating a valuable approach to a business-critical issue facing companies of all sizes and in any industry; effective security and compliance management,” said Mr. Wu. “We share the same vision, thinking and passion for solving customers’ operational challenges through innovation. I look forward to working closely with the management team at eIQ as the Company furthers its strategy for growth in this continuously emerging information security market.”

“eIQnetworks is uniquely privileged to welcome Mr. Wu to our board of directors,” added Vijay Basani, chief executive officer of eIQnetworks. “Mr. Wu adds significant bench-strength to our management team. His enormous entrepreneurial experience of building leading technology companies and significant contributions to information technology over the past two decades will add invaluable perspective for our team as we continue pushing the innovation curve in the Security Information and Event Management marketplace.”

Cheng Wu: The Expertise to Drive Growth

Cheng Wu brings with him a depth and breadth of entrepreneurial IT experience.

• Mr. Wu founded and became Chairman of Acopia Networks in December 2001.

• Mr. Wu joined Cisco Systems in June 2000, through Cisco System's acquisition of ArrowPoint Communications, where he held various executive positions, including VP of Strategy and Group VP and General Manager of the Content and Multiservice Edge Group (CME).

• Prior to joining Cisco, Mr. Wu founded ArrowPoint Communications, where he served as Chairman of the Board and Chief Executive Officer. Founded in 1997, ArrowPoint provided Web switches and Web network services (WebNS™) software that allowed customers to optimize the use of the Web for e-commerce and content delivery.

• Preceding Mr. Wu's time with ArrowPoint, he founded Arris Networks, a Massachusetts based startup that developed high-density Internet access products that was acquired by Cascade Communications in May 1996. He later served as Cascade (now Lucent Technologies) Communications' Vice President for remote access engineering.

Mr. Wu has a bachelor's degree in electrical engineering from ChiaoTung University, Taiwan (1972, BS), and a master's degree in computer science from Indiana University in 1977.

About eIQnetworks
Founded in 2001, eIQnetworks is an award-winning global provider of Security Information and Event Management (SIEM) solutions. eIQnetworks delivers the industry’s most comprehensive and cost-effective solutions for security professionals who require real-time security intelligence for identifying, understanding and pre-empting hacker and virus behavior and security threats, all while meeting stringent federal compliance requirements. The Company’s products are used in more than 50 countries around the world and are currently deployed in over 1000 companies and government agencies, including Casio, Hess, Sprint, Avaya, MCI, Malaysia Telecom, Fujitsu, Unisys, Fiberlink, Boston.com, FCC, US Army, US Navy, Wachovia, Citibank, HP, ADP, Bertelsmann, UBS, KPMG and many more. eIQnetworks’ solutions are available worldwide through an extensive, global distributor network. For additional information, .visit  www.eIQnetworks.com or call 1-877-LOGS R US.

eIQ Press Contact:
Mariah Torpey
Davies Murphy Group, Inc.
781-418-2404
eIQ@daviesmurphy.com

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