Tripwire Adds Dan Schoenbaum as Senior Vice President of Marketing and Business Development

Business Wire, July 31, 2006

PORTLAND, Ore. -- Tripwire, Inc. (R), the world leader in change auditing software, today announced that Dan Schoenbaum has joined the firm as its senior vice president of marketing and business development. In this position, Mr. Schoenbaum will be responsible for helping Tripwire continue its strong growth by expanding and executing on its corporate strategy through its product marketing and management as well as business development.

Said Jim Johnson, president and CEO, "Dan's dedication to helping build, market and sell technologies that directly address the ability to manage IT for business success is a strong complement to Tripwire. His expertise clearly bolsters the breadth and depth of Tripwire's executive team, giving us added ability to execute on our strategy; we look forward to the impact Dan will make in fueling Tripwire's continued success."

"In my many years in business development, I've analyzed an abundance of companies and technologies for strengths and weaknesses. None stood out like Tripwire," said Dan Schoenbaum. "I was drawn to Tripwire because of its strong change auditing technology that is uniquely able to help companies simultaneously address three distinct problems: ensuring regulatory compliance, security, and IT operational excellence. No other solution brings such a strong and quantifiable ROI."

Dan Schoenbaum joins Tripwire at a time when the company has emerged as the leader in change auditing solutions, offering enterprise software and services that simultaneously address IT operational excellence, security, and compliance. With record new customer adoption, the company recently reached a record eight consecutive quarters of profitability and positive cash flow, continuing its strong growth at 36 percent.

Prior to joining Tripwire, Dan served as chairman of the M&A Committee and vice president of business development at Compuware Corporation (Nasdaq:CPWR), a billion-dollar software and professional services company with solutions that help CIOs more effectively manage the business of IT. Prior to Compuware, Dan also served as vice president of business development at SeeRun Corporation. In addition, Dan spent eight years at Mercury Interactive in a variety of senior roles where he built the company's strategic alliances program and created and managed a line of products that sparked the company's growth.

About Tripwire, Inc.

Tripwire is the leading provider of change auditing software and services. Tripwire solutions enable enterprises to prove that their IT change management controls are effective and their infrastructure is safe. Tripwire software provides proof of regulatory compliance, instills accountability for change, ensures the security of business-critical systems, and increases the overall availability of IT services. Tripwire is headquartered in Portland, Ore., with offices in the UK and Japan. For more information visit: http://www.tripwire.com/.>

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