April 19, 2008
Columbia, MD – Prism Microsystems, a Columbia based company today inaugurated its new corporate headquarters located at 8815 Centre Park Drive, Columbia MD. The new larger facility houses the company’s growing operations bolstered by the tremendous success of its security information and event management solution (SIEM), EventTracker. EventTracker has been chosen by over 650 global companies in 50 countries to monitor and manage their mission-critical IT infrastructures.
The company is currently experiencing unprecedented growth due to increasing awareness on the criticality of deploying SIEM solutions to detect security vulnerabilities. With the proliferation of increasingly indiscriminate and aggressive cyber attacks, together with stringent compliance regulations, companies are realizing the importance of monitoring their IT infrastructures to prevent costly data breaches.
Prism Microsystems has experienced 100% year on year growth since its inception in 1999 and has one of the largest customer bases in this rapidly expanding SIEM market. The company anticipates not only maintaining this momentum but also exceeding company goals over the next few years, and the relocation to the new facility provides Prism with the necessary infrastructure to accommodate its rapidly growing workforce and provides a foundation for its aggressive expansion plans.
“When we outgrew our current headquarters we evaluated several different locations in the area including Virginia, the District of Columbia, and Montgomery County here in Maryland. We chose to remain in Columbia and Howard County due to its excellent infrastructure, convenience and well-qualified workforce, said A.N. Ananth, CEO of Prism Microsystems Inc.
“Prism Microsystems’ success is testament not only to the diversity of Howard County but also to our reputation for attracting world-class businesses” said Ken Ulman, Howard County Executive. “Prism’s commitment to the county speaks volumes about our business climate, infrastructure and highly talented workforce. We look forward to a long-term business relationship with the company” he added.
Prism Microsystems also recently announced plans to ramp up operations at its development facility in India to support the increased sales and marketing activities in the US as well as to meet the growing demand for security information and event management in Asia and Australia. The company currently employs over 100 employees at its 2 facilities in Columbia, USA and Bangalore, India and plans to aggressively recruit employees at both locations to keep pace with a high-growth environment.
About Prism Microsystems
Prism Microsystems, Inc. was formed in 1999 and is a privately held corporation with headquarters in the Baltimore-Washington high tech corridor. The company delivers business-critical solutions that unify Security Information and Event Management (SIEM) with Change Management capabilities to defend critical IT assets from cyber attacks and ensure compliance with regulatory standards. EventTracker, Prism’s SIEM solution is designed to enhance the security of critical systems, maintain confident compliance, and improve overall performance and availability by automating the real-time collection, correlation, consolidation and analysis of log data. It is engineered for ease of use and flexibility and has over 650 customers in 50 countries across multiple sectors.
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