Addamark Launches New Advanced Security Solution; Omnisight Stores and Analyzes Unprecedented Volumes of Event Data to Improve Regulatory Compliance and Thwart Internal Attacks.

Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--March 31, 2003

Addamark Technologies today announced the availability of Omnisight, a new information security solution that enables enterprises to quickly discover and contain previously undetectable attacks that bypass conventional perimeter approaches, such as firewalls and IDS solutions. Omnisight complements traditional security event management solutions and stores and correlates massive quantities of event data from any enterprise system in a centralized, rapidly deployable and cost effective solution. Omnisight enables detection, investigation and resolution of damaging attacks, particularly insider abuse, long-term attacks and other suspicious activity inside the firewall. The Addamark solution uses a groundbreaking technology approach that introduces unrivaled levels of scalability and data compression empowering customers to cost-effectively comply with new legal and federal mandates and gain complete visibility into their business activities. Addamark's customer roster includes industry leading financial institutions and companies such as BlueCross BlueShield, Yahoo!, Nielsen/NetRatings, Terra Lycos, Topica, Agilent and AtomShockwave.

"Security event management is the cornerstone for effective threat management in any enterprise," said Pete Lindstrom, research director, Spire Security. "It provides the ability to effectively analyze log and alert data from many sources and identify inappropriate activity within the enterprise. The Addamark security solution enables organizations to get timely and effective damage containment by monitoring huge volumes of data and having access to all the data at all times."

Increase security, improve regulatory compliance

Addamark's central log repository enables enterprises to efficiently and cost-effectively detect abuse and investigate security incidents based on event data generated by any system, such as email servers, network firewalls, proxies and intrusion detection devices. Moreover, it facilitates legal compliance by meeting many industry and federal directives for log archiving and analysis. The recent onslaught of federal mandates requires companies to monitor and audit system and user activity across the entire organization, and retain all activity logs for extended periods of time. However, traditional event correlation and security management vendors are unable to provide the necessary level of visibility and lack the required storage capacity.

Huge volumes, lower costs

Fully scalable, parallel processing on a standard low-cost PC cluster enables Omnisight to effectively handle many terabytes of data. Addamark's redundant storage capability ensures there is no single point of failure. Addamark's unique storage and compression technology results in a 90% lower total cost of ownership than a conventional relational database.

Faster, more complete investigations enable best practices

Currently, enterprises sacrifice best practices and effective, regular investigation techniques because there is no way to store all the data and still have it instantly accessible. Omnisight is the first product that allows CIOs and security administrators to conduct timely, thorough investigations that enable the containment of attacks and to follow industry best practices without being overwhelmed by the massive volumes of data generated daily by enterprise systems. With Omnisight, all the data is fully and instantly available to users, regardless of technical sophistication, via flexible queries that are easily tailored to get any information necessary. Centralized access to the data is provided through an easy to use Web-based query and report interface. Additionally, Addamark's reporting provides a deep understanding of system usage at the most granular level. Complete visibility and analysis facilitates rapid assessment and containment of breaches and effective prosecution support.

Additionally, as a member of the Micromuse Alliance(TM) program, Addamark will provide integration with Micromuse's Netcool for Security Management solution. The combined technologies will provide enhanced visibility and management for security related events and allow staff to reduce risks to the business infrastructure.

"Addamark's ability to store and manage large volumes of event data for extended time periods is critical to the security analyst and a natural complement to Micromuse's Netcool(R) for Security Management(TM) solution (NfSM)," said Brent Compton, VP product management for Micromuse. "Coupled with Netcool for Security Management, which identifies and manages threats in real time, the solution will allow our mutual customers to collect and maintain security data as long as necessary to run in-depth threat analysis and comply with US federal mandates."

"Addamark is the only solution on the market today that is able to cost-effectively store months and even years of data that is instantly available to detect suspicious insider activity and identify long-term attack patterns," said Mark Searle, CEO and co-founder, Addamark Technologies. "Omnisight complements existing systems and empowers enterprises to detect and contain malicious activity that currently goes unnoticed by other security technologies, until after significant damage has occurred."

Addamark Omnisight is now generally available to customers. Prices start at $125,000.

About Addamark

Addamark Technologies is a software security company that enables enterprises to cost-effectively store and manage high volumes of log data to monitor security events and extract business critical information. With Addamark, enterprises can store and correlate log data from multiple sources and run ad-hoc queries to analyze user behavior and network activity to the highest granularity. Founded in October 2000 by enterprise software veterans, Addamark was named one of the top 10 software start-ups of 2002 by Venture Reporter and is funded by Sierra Ventures and Battery Ventures. For more information please visit www.addamark.com.

Addamark is a trademark of Addamark Technologies.