Security Software Leader, eEye Digital Security, Adds Sales Veteran with Proven Software Expertise to Management Team

Business Wire, March 8, 2005

ALISO VIEJO, Calif. -- Vulnerability Management Innovator Appoints Jim Smith as Vice President, Field Sales

eEye(R) Digital Security, a leading developer of vulnerability management software solutions for enterprise security, today announced the addition of Jim Smith to its management team. Mr. Smith, who joins eEye as vice president of field sales, will lead all North American enterprise sales efforts and initiatives.

"Jim's proven success in selling to large enterprises is just the experience we need to maintain and grow our large customer base of Fortune 500 companies," said Firas Bushnaq, co-founder, co-CEO and CTO of eEye Digital Security. "With his great history of helping companies increase revenue, Jim will be an integral part of our team. We are excited to have Jim spearheading the growth of our vulnerability management product portfolio and are looking forward to continued success."

"It's great to be joining a company with such innovative products, a solid customer base and tremendous year-over-year growth," added Mr. Smith. "With its growing global customer base and the world's best vulnerability research team, eEye has its assets in place and is on its way to becoming a giant in the security industry. I am eager to be a part of this organization and further grow eEye's market share."

With over 20 years of experience in the software industry, Mr. Smith has extensive experience in driving high-growth sales and growing market opportunities for multi-million dollar companies. Prior to joining eEye, Mr. Smith was formerly the executive vice president of sales and marketing at Starbase Corporation, growing revenue from $6M to $48M in three years. Mr. Smith was instrumental in facilitating the relationship with Borland Corporation which ultimately acquired Starbase in 2003.

Mr. Smith has also held a variety of executive positions with Select Software, Meridian and Knowledgeware, where he established a track record of leading cultural change and identifying where the business should be positioned to create and enhance value for immediate and future success. Smith has an extensive network of C-level contacts within top-tier industry players, with experience in structuring and closing multi-million dollar transactions.

Smith holds a B.S. in Marketing from the University of Rhode Island.

About eEye Digital Security

eEye Digital Security is a leading developer of security software and an active contributor to network security research and education. eEye provides best-of-breed vulnerability management solutions that address the full lifecycle of security threats: before, during, and after attacks. eEye's award-winning products include vulnerability assessment, remediation management, intrusion prevention and network forensics solutions. eEye protects the networks and digital assets of more than 2,500 corporate and government entities in over eighty countries, including AT&T Wireless, Avon, Citigroup, Continental Airlines, US Department of Defense, Dow Jones, Ernst & Young, Prudential, Viacom, and Wyeth. eEye's world-renowned vulnerability research team has discovered more critical vulnerabilities in various platforms and applications than any other company. Founded in 1998, eEye is a privately held, venture-backed firm with headquarters in Orange County, Calif. For more information visit www.eeye.com.