eGestalt Launches Industry’s First “Managed Compliance Provider” Channel Program Servicing SMBs Small Businesses Hungry for a Cost-Effective, High-Value IT-GRC Solution

Program enables channel partners to deliver a high margin, recurring revenue based managed compliance service offering with minimal touch using a SaaS delivery model.

Santa Clara, CA, September 02, 2010 — eGestalt Technologies Inc. ( http://www.eGestalt.com ) announced the launch of an innovative, channel friendly, Managed Compliance Provider (MCP) channel program that enables service providers including value-added resellers (VARs), managed services providers (MSPs) and managed security services providers (MSSPs) to deliver an affordable cloud- and SaaS- based, low-touch, high-margin, recurring revenue stream driven managed security and compliance offering.

In June, 2010, eGestalt announced SecureGRC™, a patent-pending cloud- based SaaS solution that addresses all the enterprise needs around information security, compliance and risk management and provides automation and integration of policy controls to manage security and IT-GRC related issues. The combined security monitoring and IT-GRC solution provides automation and integration of policy controls in a ready-to-use framework that includes context-based inference engines, alert processing, logging and monitoring. Of interest to channel partners is that SecureGRC reduces the total cost of ownership by as much as 10x, making it ideal for cost-conscious small and mid-size organizations. Based on SecureGRC™, for the first time the channel can now deliver a low- cost, high- value compliance services to their clients that has unparalleled economics that is unprecedented in the industry.

The Managed Compliance Provider (MCP) program ( http://www.egestalt.com ) is based around an unique and proprietary “cookbook”, that explains in simple steps how to get started with the managed compliance offering, through creation of collateral, training, implementation, and delivery, on-going play-books as the business is up and running, and everything in between.

“Our MCP Program is designed to benefit service providers including MSPs, MSSPs and security Distributors and VARs who wish to offer their clients a high-margin, recurring-revenue based managed compliance service in the lucrative security and IT-GRC space., “This channel partner program is unprecedented in the industry. By delivering a cloud based security and compliance solution through SecureGRC, we are enabling channel partners to offer managed compliance services with minimal touch to their customers at unprecedented cost of ownership that our customers have been asking for,” said Jim Hare, VP of World wide SalesBusiness for eGestalt.

“What’s more, our managed compliance GRC solution is highly competitive since it offers a low-cost, high-value monthly subscription based, pay-as-you-grow alternative, finally making it affordable for small and mid-size organizations that operate in highly regulated industries,” said Hare.

“We use eGestalt ( http://www.egestalt.com ) to automate the collection of information from current patch management, vulnerability scanning, firewalls, IDS, etc. that were previously manual,” said Robert Klotz, VP of Technology at Akibia, based in Westborough, Mass. Akibia offers an AssuredCompliance service and since 1988 has been a leading provider of data center, network and compliance services. “Our AssuredCompliance service ties together all compliance mandates into a single framework which allows the customer to reduce costs, increase efficiency and manage risk.”

SecureGRC comprises the following ready-to-use compliance control kits: PCI-DSS 1.2, ISO 27001/27002, CobiTt, Sarbanes-Oxley Act of 2002 (SOX), HIPAA, Gramm-Leach-Bliley Act (GLBA), and other country specific frameworks that are ready to use out-of-the-box. Forthcoming is support for Basel II Accord and FISMA.

eGestalt is looking for qualified channel partners who want to help their clients solve and automate the complexities and high costs associated with maintaining and enforcing security and compliance around PCI, SOX, HIPAA/HITECH, ISO, GLBA and other mandatory government and industry regulations that affect most business operations.

Why Join the SecureGRC Managed Compliance Provider Program?
* Catch the momentum: Join the value-add partner program that is setting the pace in the industry
* Reap rewards: Team with the best to add value for customers and drive growth and profitability with eGestalt
* Position your company to take advantage of more sales opportunities than ever before
* The SecureGRC MCP program is designed to make your partnership with eGestalt as productive-and profitable-as possible
* Ideal launch pad for Managed Service Providers who plan to offer audit, compliance, and security services

For further details please call (408) 689-2586 or email sales@egestalt.com. For further details about the product, please visit http://www.egestalt.com

About eGestalt Technologies Inc.:
eGestalt Technologies Inc. is a world-class, innovation driven, leading provider of cloud- computing based enterprise solutions for Information Security and IT-GRC management. eGestalt is headquartered in Santa Clara, California, and has offices in US, Asia-Pacific and Middle East.

The Consulting and development team in eGestalt Technologies in India was founded in 2007 by former Intel and IBM executives.

For further information about the company, please visit http://www.egestalt.com

All trademarks contained within this press release are the sole property of their respective owners and are hereby acknowledged.

Press & Media Contact:
Victor Cruz
MediaPR.net Inc
Santa Clara, CA 95054
(401) 349-3369
vcruz@mediapr.net
http://www.egestalt.com

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