ACTON, Mass.– December 29, 2008 – eIQnetworks^®, Inc., the company redefining security and compliance management, today announced that the Red Herring Global 100 Award program selected the company as a one of 200 finalists for 2008. The Red Herring editorial team picked eIQnetworks based on financial performance, innovation, management, global strategy and ecosystem integration.

eIQnetworks earlier this year won the Red Herring 100 North America award, which qualified the company for the Red Herring Global 100 Award program. Red Herring 100 winners and finalists from North America, Europe and Asia during the last three years are eligible for the global award.

“Red Herring’s repeated recognition of eIQnetworks’ market leadership demonstrates how we are reacting faster to our customers and are enabling them to react faster to emerging IT security threats and ongoing compliance mandates,” said Jim Geary, president of eIQnetworks. “The landslide of praise indicates that our solutions target a growing need while delivering a return on investment, which is critical in this uncertain global economy.”

eIQnetworks offers SecureVue^®, the only security and compliance management solution on the market that goes beyond correlating just log data by including asset, performance, configuration and flow data sources as well. Many competitive solutions are limited by the types of data they correlate, and they require agents and cumbersome database infrastructure to run, contributing to long deployment cycles and costly operations.

SecureVue offers “situational awareness,” or an understanding of a company’s enterprise security posture based on a wide variety of data. This information is presented through a single solution without third-party reporting products, reducing cost and removing the “swivel chair” otherwise needed to juggle multiple systems monitoring multiple data sources.

“Log data is not enough to protect a company from emerging IT security threats, and by painting a clearer picture with information well beyond just log data, eIQnetworks solutions eliminate the need for other products and streamline reporting for regulatory compliance,” said Geary. “When we’re evaluated against the competition, SecureVue provides our customers a far more comprehensive real-time look at what’s happening across the enterprise, enabling them to identify threats log data alone cannot see.”

The Red Herring honor is the latest in a growing list of accolades for eIQnetworks. Earlier this year, Redmond Magazine named SecureVue the “Product Roundup Champion” in a group review of IT compliance solutions.

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.