ACTON, Mass. – October 6, 2008 – eIQnetworks^®, Inc., the company redefining security and compliance management, today announced that it has added two security industry heavyweights to its management team: Jim Geary and Mike Rothman. Geary joins the company as its president and Rothman comes on board in the newly created senior vice president of strategy and chief marketing officer role. The addition of the two seasoned security industry veterans bolsters eIQ’s management team as it stakes a claim as the leader in the next phase of the security and compliance management marketplace.

“eIQnetworks is at an inflection point where our customers and prospects have shown they are looking for more from security management tools. The days of just collecting some data and presenting it in a dashboard are over. Customers need a platform that fosters collaboration across security, network, data center and audit teams. Given the rapid adoption we’ve seen in the field, now is the right time to bring on additional industry expertise needed to take the company to the next level,” said Vijay Basani, chief executive officer of eIQnetworks. “When you get the opportunity to land the cumulative track record of Jim Geary and Mike Rothman, you jump on it because significant industry domain area expertise like this doesn’t come your way every day.”

Jim Geary brings over 25 years of IT vendor management experience with almost 20 years in information security and over a decade of success as the CEO and president of multiple, venture-funded software and security start-ups. Previously, Jim was president and CEO of Pedestal Software, a leading supplier of enterprise audit and compliance software, which was later acquired by Altiris for $74 million in 2003. Jim also served as a member of the board of directors of Network Intelligence, a leading SIM vendor, until it was acquired by EMC (RSA Security). Jim was the president of intrusion detection vendor Haystack Labs and vice president of marketing and international sales for seven years at Security Dynamics (now known as EMC / RSA Security). He was a key contributor in the company becoming the dominant market leader in identity management solutions.

“In looking at eIQnetworks from the outside, the value proposition of the company’s flagship product, SecureVue, is exactly what the market is demanding,” said Jim Geary, eIQnetworks’ new president. “No other vendor provides the ability to achieve real-time situational awareness by integrating performance, configuration, asset and flow data with event and log management. Now it is time to introduce this technology to a much broader audience and take eIQnetworks to the next level.”

Mike Rothman comes to eIQnetworks with almost 20 years of industry experience. Starting his career as a programmer and a networking consultant, Mike was a vice president at META Group spearheading the firm’s initial foray into information security research. Mike left META in 1998 to found SHYM Technology, a pioneer in the PKI software market and then took vice president of marketing roles at CipherTrust and TruSecure, providing experience in marketing, business development and channel operations for both product and services companies.

In 2006, Mike founded independent research firm Security Incite to help customers wade through the morass of noise and confusion that marks a security professional’s existence. Through his Pragmatic CSO book and methodology, the Security Incite blog and Daily Incite newsletter, Mike provided an unvarnished opinion of what security professionals needed to worry about and presented a program to help security professionals position security within the context of their business.

“At Security Incite, I did a tremendous amount of research into the security and compliance management space. I found customers were not satisfied with the current set of offerings because they were too hard to use and didn’t provide a broad enough perspective on what was happening in their environments.” said Mike Rothman, eIQnetworks’ new senior vice president of strategy and chief marketing officer. “eIQnetworks is redefining what security professionals expect from a security and compliance management platform. Managing security operations and automating compliance efforts are issues every company needs to solve and to be able to work with Jim, Vijay and the rest of the eIQ team is too good an opportunity to pass up.”

About SecureVue
SecureVue is an enterprise security and compliance management platform that is transforming the way security, audit and compliance professionals work. By collecting and correlating log, asset, configuration, performance, vulnerability and flow data into a common data model with an advanced policy management engine, organizations can react faster and respond to emerging threats, find forensic and log data easier, and automate regulatory and policy compliance saving time and money. SecureVue decreases the time to realize value by shipping with over 150 pre-defined correlation policies and over 1,500 out-of-the-box reports and requires minimal tuning, which gets users up and running in days – not months.

About eIQnetworks
eIQnetworks is redefining security and compliance management by fostering collaboration across security, network, data center and audit teams to more quickly isolate the root cause of security issues and ensure compliance mandates are being enforced. Global financial, media, healthcare, manufacturing, and government enterprises rely on eIQnetworks to make sense of formerly disparate data sources to react faster to emerging threats, automate their compliance efforts, and more effectively monitor security policies. Headquartered in Acton, Mass., eIQnetworks is located online at www.eIQnetworks.com and can be reached at +1 877.564.7787.

© 2008 eIQnetworks, Inc. eIQnetworks and SecureVue are registered trademarks of eIQnetworks, Inc. All other trademarks, servicemarks, registered trademarks and servicemarks are the property of their respective owners.