ACTON, Mass. – July 16, 2007  – eIQnetworks®, Inc., a global provider of next-generation security information management (SIM) solutions, today announced that it has been named as a finalist in the Mass Technology Leadership Council’s 2007 Technology Leadership Awards for the category of Enterprise Technology Developer/Vendor. eIQ was one of only five finalists selected from a group of 40 nominees in this specific category.

The Technology Leadership Awards honor Massachusetts companies and individuals who best exemplify leadership and excellence in business and technology. Finalists were selected from a field of 180 candidates by the Council’s Board of Trustees. A separate panel of judges will select the winners that will be announced at the Awards Gala on October 18th at the Westin Copley Place.

“I would like to congratulate every member of eIQ whose hard work and dedication helped our company get recognized as a leading technology pioneer by the Mass Technology Leadership Council,” said Vijay Basani, CEO of eIQnetworks. “Along with other recent honors eIQ has received, this nomination underscores our unwavering commitment to developing IT security technologies that are not only at the forefront of innovation, but also solve fundamental security, risk and compliance challenges being faced by enterprise customers today.”

“The Mass Technology Leadership Council is committed to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors and these awards are an important part of this effort,” said Joyce Plotkin, president of the Mass Technology Leadership Council. “These honorees represent the spirit of innovation, the history of accomplishment and the future promise that define the Massachusetts technology community.”

About eIQnetworks
eIQnetworks, Inc., a global provider of next-generation security information management (SIM) solutions, enables enterprise, government and MSSP customers to cost-effectively improve operations by gaining better visibility into the overall IT infrastructure. With more than 2,300 organizations relying on the power of eIQ to unify security, risk and compliance management across the enterprise, customers worldwide are able to take proactive steps to protect IT assets, minimize risk and meet compliance mandates. eIQ customers include Avaya, BT, Casio, Celgene, Fujitsu, Hess, KPMG, Malaysia Telecom, Nuspire, Singapore Telecom, Sprint and Rackspace. eIQ solutions are sold both direct and through a global network of distributors, resellers and strategic OEM partners, which include Astaro, Clavister, Fortinet, H3C (3Com), Intoto, iPolicy Networks, Mirapoint, NetContinuum, NitroSecurity, PioLink, Reflex Security, Sanmina-SCI, Secure Computing and Top Layer Networks. For additional information, please visit www.eIQnetworks.com or call +1 877.564.7787.

About The Mass Technology Leadership Council, Inc.
The Mass Technology Leadership Council, Inc. is the only association that addresses the critical leadership issues of innovative software and technology-enabled companies. Formed by the combination of Massachusetts Software Council and New England Business and Technology Association, Inc., the organization is dedicated to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors. The Mass Technology Leadership Council conducts educational programs, hosts industry events, facilitates networking, sponsors research, advocates in favor of technology policies that promote innovation, entrepreneurship and competition, and recognizes industry-leading companies and people.