July 28, 2009

Strong adoption in the Banking, Healthcare, Education and Government sectors, increasing number of competitive wins, and industry accolades demonstrate value of EventTracker’s comprehensive SIEM offering

Columbia, MD – Prism Microsystems today announced yet another record breaking performance, this time for the 2nd quarter ending June 30, 2009. Prism continued its momentum of record revenue for the 4th consecutive quarter, outpacing its competitors with triple digit year on year growth. In addition to continued profitability and over 30 new customers, Prism received industry accolades for the feature-rich and easy to use capabilities of its comprehensive Security Information and Event Log Management (SIEM) solution, EventTracker.

Aggressive performance levels were further sustained by the expansion of Prism’s sales force and EventTracker’s persistent wins during competitive bakeoffs. Prominent new customers that selected EventTracker for its comprehensive feature set and ability to address multiple requirements spanning security, compliance and operations, included VHA, Bass Pro Shops, University of Houston, First Federal Bank and Nationwide Children’s Hospital.

“Despite a tough economy, we have been able to post record growth for 4 successive quarters, growing faster than the industry average, which is a tremendous accomplishment,” said Steve Lafferty, VP of Marketing, Prism Microsystems. “We remain focused on helping our customers with their top priorities of attaining faster ROI, doing more with less, and saving money. We’ve been able to clearly differentiate our comprehensive SIEM offering, and we move into the third quarter well prepared for the management of next-generation virtualization-centric data centers.”

EventTracker continued to draw accolades from industry experts in the 2nd quarter. It was awarded 5 stars, the maximum possible, by SC Magazine in a product review that highlighted it as an excellent performer, feature-rich and a robust SIEM solution. In other reviews, IT Pro Magazine praised EventTracker’s USB monitoring, alerting and reporting features as well as its integration of file integrity and system monitoring capabilities.

About Prism Microsystems

Prism Microsystems delivers business critical solutions that transform high-volume cryptic log data into actionable, prioritized intelligence that will fundamentally change your perception of the utility, value and organizational potential inherent in log files. Prism’s leading solutions offer Security Information and Event Management (SIEM), real-time Log Management, and powerful Change and Configuration Management to optimize IT operations, detect and deter costly security breaches, and comply with multiple regulatory mandates.

Visit www.eventtracker.com for more information. Follow us on Twitter @logtalk.