Las Vegas, NV. – May 2, 2005 – eIQnetworks™, Inc. (www.eIQnetworks.com), a pioneer of comprehensive security and systems management solutions for the enterprise, today announced it will unveil the industry’s first Compliance Audit Lifecycle Management (CALM) solution at its booth #806 during Networld+Interop 2005 this week in Las Vegas. By significantly enhancing the Company’s award-winning Network Security Analyzer (NSA) with security audit compliance management capabilities, eIQnetworks is effectively introducing a new category of Compliance Audit Lifecycle Management solutions aimed at streamlining and simplifying the security audit process for customers across multiple industries.

eIQnetworks has invested significant resources in expanding NSA’s CALM capabilities, with new features that enable it to scale across globally distributed networked devices. With these features, NSA is the first and only security event management solution in the industry to include all essential components of Compliance Audit Lifecycle Management necessary to meet SOX, HIPAA, GLBA and FISMA security audit compliance – all in a single solution.

“Products that claim support for meeting federal regulatory compliance are only as good as the processes, training and immersion in compliance issues that go hand-in-hand with effective security audit compliance. If you’re not steeped in understanding the regulations, no product in the world will bring your organization to compliance,” said David Glenn, vice president of business development, Creative Breakthroughs, Inc. “Our partnership with eIQnetworks goes well beyond technology solutions. They are working with us step by step with groundbreaking training and compliance course-work that empowers us to immediately benefit from all the capabilities of NSA 4.2. With NSA 4.2 at the core of our Compliance Audit Lifecycle Management strategy, meeting compliance is no longer a worrisome mystery; it’s now a highly-valuable service we are offering clients.”

“As the pressures mount for businesses to comply with increasingly stringent federal regulations, eIQnetworks has accelerated development of solutions and processes to better help our customers and strategic partners manage security audit-related issues,” said Vijay Basani, chief executive officer of eIQnetworks. “We’re aggressively pursuing what we call ‘Compliance Audit Lifecycle Management’ initiatives that are specifically designed to provide our customers, strategic partners and MSSP partners with not only the products, but processes and strategies to meet security audit compliance with all federal regulatory requirements. With CALM, we improve our customers’ ability to pass the compliance audit. eIQ is the only player in the security space to approach this issue with such a holistic view.”

In an early first step in the Company’s security audit compliance initiative, eIQnetworks recently launched the industry’s first specialized Advantage MSSP Partner Program focused on helping Managed Security Service Providers deliver new revenue generating value added services, including tailored Regulatory Compliance training and services, On-demand reporting, Security Event Management, Log Management and Forensic Analysis.

“Successful security and compliance management is increasingly a business operations issue; eliminating gaps in an organization’s security posture while simplifying and streamlining compliance processes has a direct impact on healthy operations,” said Jon Oltsik, senior analyst, Information Security, Enterprise Strategy Group. “eIQnetworks is taking an industry-leading stance with its CALM initiatives and is demonstrating a commitment to not only deliver technology solutions, but also deliver a practical approach to addressing security exposures while shoring up compliance processes.”

NSA 4.2: Security Management Meets Compliance Audit Lifecycle Management
A key component required for customers to meet compliance regulations, including HIPAA, Sarbanes-Oxley, GLBA and FISMA, is the implementation of an effective Compliance Audit Lifecycle Management (CALM) process. This includes the following four key components: