Press Releases

Intellitactics Marks Ten Straight Quarters of Record Revenue Growth; New Business Represents Greatest Mix of Industry Adoption

Quarter punctuated with increased international partner contribution and notable wins in financial services, retail

Reston, VA, January 31, 2005—Intellitactics, Inc., announced it continues its revenue growth trend with its tenth record-breaking quarter. The mix of new business included large commercial enterprises, government installations, MSSPs and international partner sales in eight countries across North America and Europe. The quarter was punctuated with notable wins in the financial services, retail, healthcare, energy and telecommunication industries; and represented the company’s greatest mix of new business across multiple market sectors in its history.

Intellitactics provides premier Security Information Management (SIM) solutions for the largest, most challenging environments in the world. The Intellitactics suite of products simplifies the management of complex security landscapes and provides unprecedented control to organizations to rapidly and comprehensively identify information security incidents, deploy resources on the threats that pose the greatest risks and assess and resolve these incidents in the shortest amount of time.

The fourth quarter builds upon the success of the company’s record-breaking third quarter, and represents the highest number of new business customers in North America and the rest of the world.

“We are energized by the trend of quarter-over-quarter growth. In part, we interpret our success as a signal that commercial and government organizations worldwide are very serious about managing the security of critical information assets,” said Intellitactics president and chief executive officer Randall K. Davis. “Additionally, we are seeing a return on our investment in relationships with our international partners as the global demand for our Intellitactics solutions increases.”

The company also announced that investments from existing customers seeking to extend their implementations and the addition of new licenses to other sites for global companies also contributed the to record quarterly revenues. Intellitactics’ continued financial success is fueling its ever-increasing expansion of sales and marketing presence, as well as investment in research and development, to take advantage of increasing interest in Security Information Management solutions.

About Intellitactics, Inc.
Headquartered in Reston, VA, Intellitactics provides the world’s leading enterprise security management solution used by security analysts, operations, and risk officers to achieve cost-effective regulatory compliance; mitigate risk by automating security operations; and accelerate incident resolution to ensure the availability of critical business services. Intellitactics' industry leading Security Manager empowers organizations to simplify the complex mandate to be secure and compliant with just one solution. Security Manager combines event, alert, and incident management to mitigate exposure to cybercrime, with extensive automated analysis and reporting. A strong complement to Security Manager is Intellitactics™ SAM, which measures security value and features security assurance metrics™ on a configurable dashboard. Intellitactics was awarded Common Criteria Certification in December 2004, making it the first software provider to earn this certification as a security information and event management solution. Founded in 1996, Intellitactics is backed by JMI Equity Fund LP and Lazard Technology Partners and is ranked by well-known industry analysts as a market leader known for innovative solutions and a commitment to customer success. Visit us at www.intellitactics.com.

Contact:
Suzanne Porter-Kuchay
Director, Press and Analyst Relations
spk@intellitactics.com
703-480-0208