ACTON, Mass. – May 13, 2008 – eIQnetworks^®, Inc., a global provider of integrated security, risk and audit management solutions, today announced that it has been positioned by Gartner, Inc. in the Visionaries Quadrant of its newly published “Magic Quadrant for Security Information and Event Management.”¹

“As organizations are pressured to collect, correlate and analyze increasing amounts of security and compliance data, traditional SIEM solutions must continue to evolve in order to meet the enterprise demands for dealing with increasingly sophisticated threats and regulatory environment,” said eIQnetworks CEO Vijay Basani. “eIQ has taken an innovative and visionary approach to this rapidly changing market with last year’s launch of the SecureVue integrated security, risk and audit management platform. We are honored that Gartner recognized eIQnetworks in this Magic Quadrant. SecureVue is a unique offering that provides broad capabilities that include SEM, SIM, security configuration policy compliance, operational performance functions and NBA capabilities in a single product.”

eIQ’s flagship SecureVue solution combines comprehensive enterprise security management (ESM) and IT governance, risk and compliance (GRC) capabilities on a single platform. This unified data framework enables enterprises to dramatically improve operational efficiency and the ability to implement and enforce security best practices and compliance and audit requirements.

Gartner, a leading worldwide IT research and advisory firm, evaluated vendors according to a set of criteria focused on each company's ability to execute and completeness of vision in the SIEM market. The report stated, “SIEM is one of the fastest-growing security markets, with a growth rate of more than 50% in 2006, 30% in 2007 and estimated revenue reaching more than $800 million in 2007…The primary driver of the North American SIEM market continues to be regulatory compliance… More than 80% of current SIEM deployment projects are funded to close a compliance gap.”

About eIQnetworks
eIQnetworks, Inc., a leader in integrated security, risk and audit management, enables enterprise, government and MSSP customers to effectively meet security and compliance challenges through a unified framework. More than 2,700 organizations worldwide rely on the power of eIQ’s enterprise security management and IT governance, risk and compliance solutions to proactively detect security breaches, speed incident remediation and support evolving best practices and compliance regulations across the enterprise. For additional information, please visit www.eIQnetworks.com or call +1 877.564.7787.

About the Magic Quadrant
The Magic Quadrant is copyrighted May 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1) Gartner, Inc. "Magic Quadrant for Security Information and Event Management" by Mark Nicolett and Kelly M. Kavanagh, May 8, 2008

© 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.