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Press ReleaseAlert Logic Names Industry Veteran Michael Turner as CEONew CEO Looks to Build on Dramatic Growth in 2006 for Leader in On-Demand IT Security HOUSTON - FEBRUARY 19, 2007 - Looking to build on the growing acceptance of its on-demand IT security solutions, Alert Logic today announced that it has appointed Michael Turner, a board member and former senior executive of NetQoS, as its new chief executive officer. Turner will be responsible for directing the company in the wake of the company's most successful year – Alert Logic reported a 167 percent increase in its customer base in 2006. Alert Logic's growth was fueled by the company's emergence as the only IT network security company leveraging a software-as-a-service (SaaS) platform to deliver on-demand protection to mid-sized businesses. In the past year, the company has added customers from a variety of geographies and industries, including the energy/oil/gas, state and local government, and education sectors, as well as the managed hosting market. "I look forward to working with the Alert Logic management team to capitalize on its leadership position in the fast-growing market for on-demand IT network security and compliance," said Turner. "Alert Logic is extremely well positioned to take advantage of the increasing demand among mid-size businesses for a more effective and affordable approach to address threats facing their IT infrastructure." Turner is an experienced start-up executive with multiple successes growing early-stage companies to market leadership positions and profitability. Most recently, he was executive vice president and director of NetQoS, Inc., a network performance management software company that was named Texas' Fastest Growing Technology Company in 2004 by Deloitte & Touche and the Second Fastest Growing Communications/Networking Company nationally. Previously, Turner was vice president of marketing of ClearCommerce Corp. after holding the same position at NetSolve Inc. Beyond the dramatic increase in customers and employees, Alert Logic in the past year has introduced three new product updates, doubled the number of employees in their Houston headquarters, added three top executives to their management team, launched a new partner program, and added more than 20 new corporate partners across the US. Most recently, the company announced its launch of version 3.4 of its on-demand security solution that adds comprehensive internal and external vulnerability management capabilities. Alert Logic's Threat ManagerTM 3.4 is the industry's first solution that leverages a SaaS delivery platform to provide the combination of integrated intrusion protection, vulnerability management and IT compliance automation in a single hosted product. About Alert LogicAlert Logic's on-demand network security solutions deliver intrusion defense and improved compliance at a fraction of the cost of traditional products. Unlike appliance or software products, its Software-as-a-Service platform delivers solutions on-demand - featuring rapid deployment, zero maintenance, and no hardware or software costs. As a result, Alert Logic customers can defend against intrusions and worms, continuously discover and correct network vulnerabilities, and help ensure compliance with policies and regulations. Headquartered in Houston, Texas, more information about Alert Logic's Network Protection On Demand is available at http://www.alertlogic.com. Contact:
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