ACTON, Mass. – December 6, 2006  – eIQnetworks™, Inc., a global provider of Security Information and Event Management (SIEM) solutions, today announced that it has been named a strong performer in the Forrester Wave™: Enterprise Security Information Management Q4 2006 (December 2006) report by Forrester Research, an independent technology and market research company. Of the 11 Security Information Management (SIM) vendors cited in the report, eIQnetworks was ranked in the top three for market presence, based on criteria such as installed base, revenue growth and number of systems integrators and technology partners.

The Forrester Wave Security Information and Event Management Q4 report, evaluated the leading SIM vendors on 62 criteria grouped into three high-level categories: Current Offering, Strategy and Market Presence. In addition to its high score for market presence, the report stated that eIQnetworks’ Enterprise Security Analyzer is an “easy-to-use, low-cost enterprise SIM solution”.

“Until about 18 months ago, eIQnetworks played primarily in the small- and medium-sized business market but now boasts a bevy of enterprise customers and large-scale deployments for security information management,” wrote Paul Stamp, senior analyst at Forrester Research, in the report. “eIQnetworks’ Enterprise Security Analyzer solution is quick to deploy, easy to use…Customers tell us they can receive measurable results from the system in a matter of days. Also, the price tag makes the initial investment more palatable than many of its competitors.”

eIQnetworks believes its Enterprise Security Analyzer and Network Security Analyzer are feature-rich and cost-effective SIEM solutions designed to help enterprise, government and managed security service provider (MSSP) customers protect their network devices, servers and enterprise applications while ensuring compliance with stringent regulatory requirements.

“eIQnetworks is proud to be honored as a strong performer in the SIEM market,” said Vijay Basani, CEO and founder of eIQnetworks. “With over 2,100 world-wide deployments, this customer traction confirms our unique ability to provide powerful solutions that not only improve security, minimize risk and ensure regulatory compliance, but also excel in terms of ease of use and speed of deployment, helping enterprises of all sizes implement comprehensive SIEM solutions while staying within budget. We value Forrester's expertise, opinion and its knowledge of the SIEM market during this exciting time in our company's history.”

About eIQnetworks
eIQnetworks, Inc., a global provider of Security Information and Event Management (SIEM) solutions, enables enterprise, government and MSSP customers to improve security operations while reducing costs. With more than 2,100 organizations relying on the power of eIQ to centrally manage information risk and protect IT assets, security professionals worldwide are able to take proactive steps to minimize security breaches and meet compliance mandates. eIQ customers include Avaya, BT, Casio, Citibank, Celgene, Fujitsu, Hess, KPMG, Sprint, Malaysia Telecom, Singapore Telecom, Nuspire, Rackspace, US Army and US Navy. eIQ products are sold worldwide through strategic OEM partners Astaro, Fortinet, Intoto, IPolicy Networks, Mirapoint, NEC, NetContinuum, Secure Computing, Top Layer Networks, and a global network of distributors and resellers. For additional information, please visit www.eIQnetworks.com or call +1 877.564.7787.