Prism Microsystems closes quarter with record sales of its comprehensive Security Information and Event Log Management (SIEM) solution

Strong business momentum driven by EventTracker’s advanced workstation monitoring capabilities that help companies protect against insider threats

Columbia, MD – Prism Microsystems, providers of the most comprehensive SIEM solution in the industry, today announced continued profitability and a record close to its first quarter ending March 31st 2009, marking the company’s third consecutive quarter with record revenue. In addition to double digit year-on-year growth, Prism added over 35 new customers including the US Senate, University of Georgia, Nintendo and Cathay Bank. EventTracker now serves over 750 enterprises worldwide.

“EventTracker uniquely fulfills two critical market needs. First, it offers complete coverage, from the server to the workstation and USB device level, enabling companies to protect against growing levels of insider theft. Next, EventTracker is virtualization-ready for today’s data centers where requirements run from regulatory compliance, to security and operational scenarios,” said A.N. Ananth, CEO of Prism Microsystems. “This combination of benefits along with granular licensing is very attractive to the market.”

Prism Microsystems grew faster than the industry average in 2008 and continued this trend in the first quarter of 2009. This strong business momentum has been driven largely by an increasing number of competitive wins based on EventTracker’s advanced workstation agent that allows companies to monitor user activity, USB device usage, unauthorized software installs, unauthorized data access and more, for in-depth protection from all forms of insider threats.

EventTracker continued to draw recognition from industry experts, end-users and the trade press in the first quarter. Key accolades received included:

• Finalist SC Awards – Best Computer Forensics Solution
• Finalist CODiE Awards – Best Data Security Solution
• Winner 2009 Global Product Excellence Award by Info Security Products Guide – Best Computer Forensics Solution

In other accomplishments, Prism launched EventTracker PULSE, a free log search utility, as part of a corporate initiative to help the IT community better leverage log data. EventTracker PULSE automates the real-time collection and long-term storage of log data from multiple systems and makes it searchable through a Google-like interface. It provides system administrators with valuable network-wide insight for optimizing IT performance, improving availability and accelerating forensic investigations.

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.