ACTON, Mass. – November 19, 2007 – eIQnetworks®, Inc., a global provider of integrated security, risk and audit management solutions, today announced that it has joined the PCI Security Standards Council as a Participating Organization. eIQ will work with the Council to evolve the PCI Data Security Standard (DSS) and other payment card data protection standards.

The PCI DSS, endorsed by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data security.

“The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data,” said Bob Russo, general manager of the PCI Security Standards Council. “By participating in the standards-setting process, eIQ demonstrates that it is playing an active part in this important end goal.”

As a Participating Organization, eIQ will be able to access the latest payment card security standards from the Council, provide feedback on the standards and become part of a growing community that includes more than 340 organizations.

Rapidly evolving regulatory and industry mandates, including PCI DSS, now require organizations to prove the security of their networks by collecting and monitoring large volumes of data from a broad range of devices, servers and applications. eIQ’s flagship SecureVue® solution combines and correlates previously disparate IT data silos by integrating next-generation security information management (SIM) and governance, risk and compliance (GRC) audit management into a single platform, resulting in more efficient and effective IT assurance.

“As a technology vendor at the forefront of security, risk and audit management, helping our customers protect critical data and meet stringent regulatory mandates such as PCI DSS is a top priority,” said Vijay Basani, CEO and founder of eIQnetworks. “Participation in the PCI Security Standards Council will allow eIQ to deliver the benefits of advanced industry collaboration to customers and provide insight into end-user compliance challenges to help shape standards as they evolve.”

eIQ’s SecureVue platform is being used by numerous Global 2000 organizations – across the banking, financial, government, healthcare, managed security service provider, manufacturing, pharmaceutical, publishing, retail and telecommunications markets – to help meet compliance mandates, including PCI DSS.

About PCI Security Standards Council
The mission of the PCI Security Standards Council is to enhance payment account security by fostering broad adoption of PCI security standards. For more information, please visit www.pcisecuritystandards.org.

About eIQnetworks
eIQnetworks, Inc., a global provider of integrated security, risk and audit management solutions, enables enterprise, government and MSSP customers to simplify IT assurance by improving collaboration between network, security and compliance teams. More than 2,500 organizations worldwide rely on the power of eIQ’s next-generation security information management (SIM) and governance, risk and compliance (GRC) technology to proactively detect security breaches, speed incident remediation and support evolving best practices and compliance regulations across the enterprise. eIQ customers include Atos Origin, Avaya, BT, Casio, Celgene, Fujitsu, Hess, Malaysia Telecom, The New York Times, Nuspire, Rackspace, Singapore Telecom, The South Financial Group and Sprint. eIQ solutions are sold both direct and through a global network of distributors, resellers and strategic OEM partners, which include Astaro, CITTIO, Clavister, H3C (3COM), iPolicy Networks, Mirapoint, NEC, PioLink, Reflex Security, Secure Computing and Top Layer Networks. For additional information, please visit www.eIQnetworks.com or call +1 877.564.7787.

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

© 2007 eIQnetworks, Inc. eIQnetworks and SecureVue are registered trademarks of eIQnetworks, Inc. All other trademarks, servicemarks, registered trademarks and registered servicemarks are the property of their respective owners.