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Technology

eGestalt Named a 2011 CRN Emerging Technology Vendor

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Channel stands to reap big rewards by using SecureGRC to attract federal meaningful use dollars.

Santa Clara, CA, Wednesday – September 28, 2011 — eGestalt Technologies ( http://www.eGestalt.com ), a leading provider of cloud-based, SaaS-delivered, security and information technology governance, risk management and compliance solutions for SMBs to enterprises,today announced it has been selected by Everything Channel as a 2011 CRN Emerging Technology Vendor. The annual list features the most innovative vendors who not only deliver technology that is easy to use, but can generate the high margins solution providers require.

Channel partners need no more incentive than the $40,000 in ‘meaningful use’ government funds being granted to individual doctor’s offices that install electronic medical records (EMR) that are fully in compliance with HIPAA/HITECH privacy and security rules.

“Large hospitals are eligible for up to $2 million in federal grants,” said eGestalt President Anupam Sahai. “Not only must every physician practice abide by HIPAA rules, but all their business associatestoo must fall in compliance. There are a few million BAs who need to be serviced. So from one hub comes many spokes of potential business for partners jumping on board with SecureGRC.”

Built from the ground up for channel partners, SecureGRC is a cloud-based, SaaS-delivered, $750 per year security and risk assessment, auditing and remediation application. The tool offers peace of mind to channel partners servicing SMBs to large enterprises, including medical providers and their business associates, retailers and merchants that must meet PCI and HIPAA/HITECH requirements.

With version 11 recently released, SecureGRC consolidates all security and compliance-related evidence into a single and centralized repository.It comes stacked with pre-packaged content such as policies that are continuously updated, a trove of best practices, and plenty of assessment questions that make it an easy step-by-step process to run the assessment and prove compliance.

Thanks to the fine print in HIPAA/HITECH legislation, MSPs have a tremendous gold mine of an opportunity to reap big rewards, revenues, and bundling opportunities. The cost of doing a security assessment and PCI compliance can run $100,000 and above.

“Using SecureGRC’saward-winning,patent pending technology, delivered through channel partners, our customers are able to become compliant at 1/10 the cost with very little maintenance.This promises to be a huge boon for the channel,” addedSahai. “And you don’t need to be conversant with the fine print of these PCI and HIPAA/HITECH regulations.”

SecureGRC also offers an automated PCI-DSS compliance management solution that helps meet PCI-DSS requirements in terms ofbuilding and maintaining a secure network; protecting card holder data; maintaining a vulnerability management program; implementing strong access control measures; regularly monitoring and testing networks, and maintaining robust IT security policies. For more information visit: http://www.egestalt.com/automated-pci-compliance-management.html

Channel partners authorized by eGestalt can become Managed Compliance Providers (MCPs), a channel program based around a proprietary “cookbook” that explains in step-by-step fashion on how to get started with delivering managed compliance services through creation of collateral, training, implementation, delivery and on-going playbooks as the business is up and running.

The Federal government has set aside $20 billion for upgrading the healthcare IT infrastructure by the year 2014 – spelling a huge upside for the channel. Service providers can pursue federal ‘meaningful use’ dollars to the tune of $40,000 per qualified physician practice. SecureGRC generates the necessary reports for proving compliance.

“By law, all business associates and sub-contractors affiliated with the given medical practice must follow HIPAA/HITECH compliance rules or face stiff penalties. It could not be more convincing a sale. Like spokes from a wheel, from one customer hub derives multiple new clients to service,” said Jim Hare, eGestaltVice President of Sales.

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.

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/msp-mssp-partners.html.

The vendors that make up the CRN Emerging Technology Vendor list were founded in 2005 or later, have revenue under $1 billion and have an active U.S. channel strategy. Final selection to the Emerging Technology Vendor list was made by the CRN editorial team after a review of submitted information. To view a sample of the list and read the editorial accompaniment visit http://www.ubmchannel.com.

About UBM Channel (http://www.ubmchannel.com):
UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us at www.ubmchannel.com.

UBM plc (http://www.ubm.com):
UBM plc is a leading global business media company. We inform markets and bring the world’s buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries is organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.ubm.com

About eGestalt Technologies Inc:
eGestalt (www.egestalt.com) 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, CA, and has offices in the US, Asia-Pacific and Middle East. eGestalt was nominated Breakthrough Technology Vendor at XChange Americas, Aug. 2010, and selected by SiliconIndia among the “Top 10 Security Companies to Watch.” Its SecureGRC application was voted runner-up in the Managed Services Category at XChange Tech Innovators, Nov. 2010. And in Feb. 2011 eGestalt VP of Worldwide Sales Jim Hare was been named a Channel Chief by Everything Channel’s CRN.

Press Contact:
Victor Cruz
Principal, MediaPR.net
For eGestalt Technologies
vcruz@mediapr.net

Scott Regan
Everything Channel
scott.regan@ec.ubm.com
508.416.1186

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net, Inc
For eGestalt Technologies
Santa Clara, CA
(978) 594-4134
vcruz@mediapr.net
http://www.egestalt.com

Technology

eGestalt Launches SecureGRCv11: Managed Security & Compliance Made Easy

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Simple, cost-effective, easy-to-use SaaS solution Partners can use to service SMBs, enterprises,Medical Providers & their Business Associates, Retailers & Merchants.

Washington, DC, CompTIA, Saturday – August 06, 2011 — eGestalt Technologies ( http://www.eGestalt.com ) today announced version 11 of its award-winning security and compliance management solution that provides PCI and HIPAA/HITECH-based security and risk assessment, auditing and remediation. The tool offers peace of mind to channel partners servicing SMBs to large enterprises, including medical providers and their business associates, retailers and merchants that must meet PCI and HIPAA/HITECH requirements.

SecureGRC SB™v11 will be offered in two versions: Enterprise and Small Business editions. Partners will immediately realize the benefits of using SecureGRC’s highly automated, scalable, andcost-effective security and compliance management solution complete with pre-audit and post-audit support, a real-time dashboard that offers multiple assessments, reviews and remediation:in short, a configurable policy-based risk model with real-time status.

SecureGRC SB is targeted at small to medium businesses that are looking for an easy-to-use, cost-effective self-assessment based security and compliance solution. The enterprise version of the solution supports the self-assessment capability from SecureGRC SB but adds a pre-audit and audit capability along with complete customizability suitable for medium to large enterprises that are looking for a robust, next-generation security and compliance management solution.

Built from the ground up to profit the channel, SecureGRC offers ready-to-use, pre-packaged content such as policies which are continuously updated, a trove of best practices, and plenty of assessment questions that make it an easy step-by-step process to run the assessment and reach compliance, yet flexible enough to fully customize accordingly.

Being a cloud-based service, service providers/MSPs can take comfort in knowing that no hardware or software deployment is involved. The solution consolidates all compliance-related evidence into a single and centralized repository. Additionally, all data is stored in a SAS 70 Type II secure data center yet no electronic records are removed from the client site.

Delivered exclusively through the channel, the SecureGRC solution allows service providers and MSPs to profit from attaching new bundling opportunities – additional add-on services – that are discovered during the course of conducting their compliance assessments.

“During the course of taking a client through the steps of becoming HIPAA compliant, the SecureGRC tool sniffs out revenue-making bundling opportunities like nothing else I’ve seen,” says David Altizer, vice president of SOS Systems based in Memphis, TN, and an eGestalt partner. “We invariably discover multiple areas that need our attention; we find our clients need written policies, they need endpoint security, they need Active Directory, and a host of other things that improves our perceived value and length of engagement.”

The solution also generates extensive risk and compliance reports on demand – mandatory documentation and reports used to prove full compliancy with auditors.

“We used feedback from the channel to build the easiest, most cost-effective way to ensure that appropriate controls and safeguards have been implemented to prevent unauthorized access and disclosure of sensitive patient data – all that is at the core of meeting and sustaining compliance,” said Anupam Sahai, president, eGestalt. “We have truly demystified the complexity associated with HIPAA/HITECH to the point where absolutely no prior knowledge of these regulations is assumed. This represents a tremendous opportunity especially for service providers who are new to this space, to enter this profitable line of business at virtually no cost.”

Says Altizer of SOS Systems, “Version 11 looks like it’s going to be a lot easier to deploy, a lot easier to manage, and will let us grow a lot faster. It’s a more intuitive user interface, and it’s easier for us to manage our clients. Every concern of ours has been addressed. We are looking forward to v11 and already have two deployments scheduled for it.”

Pricing & Availability:
Available today, SecureGRC SB edition has a starting MSRP of $750 per year. It has the ability to conduct self-assessments and offers scalable compliance management for pre-audit and post-audit compliance support. Please call +1-408-689-2586 or Email sales@egestalt.com for further details.

Visit eGestalt at the following tradeshow events:
* CompTIA Breakaway, August 1-4, Washington, D.C., booth #418 ( http://www.comptia.org/breakaway )
* XChange Americas/Everything Channel, August 10-13, Hyatt Regional, Denver, CO, booth #204 ( http://www.everythingchannelevents.com )

About eGestalt Technologies Inc.:
eGestalt ( http://www.egestalt.com ) 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, CA, and has offices in the US, Asia-Pacific and Middle East. eGestalt was nominated Breakthrough Technology Vendor at XChange Americas, Aug. 2010, and selected by SiliconIndia among the “Top 10 Security Companies to Watch.” Its SecureGRC application was voted runner-up in the Managed Services Category at XChange Tech Innovators, Nov. 2010. And in Feb. 2011 eGestalt VP of Worldwide Sales Jim Hare was named a Channel Chief by Everything Channel’s CRN.

Press & Media Contact:
Victor Cruz, Principal,
MediaPR.net
For eGestalt Technologies
Washington, DC
vcruz@mediapr.net
http://www.egestalt.com

Technology

eGestalt Publishes White Paper on Solution for HIPAA Compliance for Small Medical Practices & Affiliates

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eGestalt Technologies, today announced a White Paper that spells outin layman’s terms what businesses need to know about the Health Information Portability and Accountability Act (HIPAA).

Santa Clara, CA, May 12, 2011 — eGestalt Technologies ( http://www.eGestalt.com ), a world leading provider of cloud-based, SaaS-delivered, security and information technology governance, risk management and compliance (IT-GRC) solutions for small to mid-size organizations, today announced a White Paper that spells outin layman’s terms what businesses need to know about the Health Information Portability and Accountability Act (HIPAA) and its associative enforcement regulation called HITECH that was signed into law on February 2009 as part of Washington’s economic stimulus package.

HITECH stands for Health Information Technology for Economic and Clinical Health. The act is designed to expand the impact and enforcement of HIPAA by defining the penalties for non-compliance of HIPAA.
The eGestalt White Paper ( http://www.egestalt.com/Whitepaper/SB.html ) highlights how not only healthcare providers but the various professionals who service them and their medical practices day to day are equally susceptible to HIPAA/HITECH regulations. These professionals affiliated with healthcare providers are defined by the regulations as Business Associates, and include “anyone who routinely exchanges or accesses Patient Health Information (PHI).”

According to HIPAA rules, Business Associates must also develop and implement written PHI security policies and procedures; they can also be audited by the U.S. Health & Human Services department and can, like healthcare providers, “easily incur penalties for failure to comply.”

“Doing a self-assessment, followed by risk analysis, is a critical step in achieving security and compliance,” says AnupamSahai, president of eGestalt and co-author of the White Paper. “Subsequently, maintaining continuous compliance by plugging the security and compliance gaps through remediation is the key to mitigating risk, reducing exposure, and assuring avoidance of the increasing threat of penalties.”

The paper demystifies security and HIPAA/HITECH, makes a strong casein support of a solution to the HIPAA/HITECH problem, advocating for the deployment of SecureGRC SB™, a patent-pending Cloud computing and automated Software-as-a-Service (SaaS) application that helps to meet these challenging privacy and security regulations at dramatically less cost and complexity than standard approaches.

Says Sahai, “SecureGRC SB demystifies security and compliance through automation of the self-assessments you need to conduct in order to accomplish this.Comprehensive HIPAA and HITECH support is simplified and built-in, easily extended, and automatically kept up to date. The self-assessment model is powerful since it begins by simply guiding the user with a set of questions.”

Once users have made their first pass,the compliance gaps are clearly communicated, SecureGRC’s risk calculator prioritizes the areas that need immediate attention first. SecureGRC SB is delivered through managed compliance providers (MCP) who leverage the built-in ‘Best Practices’ library in the solution on how best to customize and resolve each and every open issue with a common sense approach depending on the particular business deployment.

To download a free copy of the eGestalt White Paper, visit: http://www.egestalt.com/Whitepaper/SB.html

About eGestalt Technologies Inc.:
eGestalt ( http://www.egestalt.com ) 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, CA, and has offices in the US, Asia-Pacific and Middle East. eGestalt was nominated Breakthrough Technology Vendor atXChange Americas, Aug. 2010, and selected by SiliconIndia among the “Top 10 Security Companies to Watch.” Its SecureGRC application was voted runner-up in the Managed Services Category at XChange Tech Innovators, Nov. 2010. And in Feb. 2011 eGestaltVP of Worldwide Sales Jim Hare was been named a Channel Chief by Everything Channel’s CRN.

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

Technology

eGestalt Rolls Out Low-Cost HIPAA/HITECH Compliance Tool for Small Medical Practices

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Meets demand in industry where data breaches cost $6 billion per year.

Santa Clara, CA, January 14, 2011 — eGestalt ( http://www.eGestalt.com ), a provider of information technology governance, risk management and compliance (IT-GRC) solutions for small to mid-size organizations, today announced the U.S. availability of SecureGRC SB™, a patent-pending Cloud computing and Software-as-a-Service (Saas) application that helps to meet HIPAA and HITECH privacy and security rules at dramatically less cost and complexity than standard approaches.

SecureGRC SB is first in the industry to offer an inexpensive and automated SaaS based solution to help small medical practices achieve and sustain HIPAA/HITECH compliance.

“SecureGRC SB is a patent-pending, breakthrough solution designed with the small medical practice in mind,” says Anupam Sahai, President, eGestalt. “Medical practices and their Business Associates can become HIPAA/HITECH compliant in a very cost-effective manner without requiring deep domain expertise. By leveraging our SaaS-based automated tool, which has won numerous awards, channel partners are able to deliver these packaged security and compliance services to small medical practices in a cost-effective manner thereby meeting a huge unmet demand as communicated to us by our channel partners and end-customers.”

Says Dr. Kellner of Mount Kisco, NY, a licensed psychologist and trained psychoanalyst ,”I have been practicing for over 10 years and never thought I had any reason to be HIPAA compliant. After all, I have a private practice, I’m not a hospital. But I attended a webinar by eGestalt on their product called SecureGRC SB. I quickly realized that I had several areas of exposure regarding my patients’ information. So I tried the SecureGRC SB program, as it was only $500 and was easy to use.”

“I was really surprised by the number of areas that I was exposed,” says Dr. Kellner. “Using the program I quickly identified and fixed the problems. I am now requiring all of my Business Associates to use this program to help protect my practice. I know I would never get audited, that was not my concern. I just wanted to make sure I was doing the right things to protect my patients’ privacy and this was an inexpensive and low risk approach.”

The HIPAA/HITECH Act has resulted in significant changes to the industry’s approach to data protection. To date, data breaches cost healthcare organizations an average of $1 million per year and the overall healthcare industry $6 billion per year. Lack of staff and preparation (policies and processes) are blamed for most data breaches. (Source: Ponemon Institute: Benchmark Study on Patient Privacy and Data Security, Nov. 2010).

Enforcements are going up as mentioned here: ( http://www.egestalt.com/blog/2010/12/08/7-facilities-in-california-fined-for-privacy-breaches ) and here: ( http://www.egestalt.com/blog/2010/07/14/ag%E2%80%99s-office-scores-settlement-for-unparalleled-security-breach-first-of-its-kind ).

Comprehensive support for HIPAA & HITECH regulations offers peace of mind for small medical practices. Features include:

* Comprehensive support for HIPAA & HITECH applicable to small businesses
* Covers both Privacy and Security rules
* A finished document that can be used to show compliancy to other organizations and auditors
* Menu-driven assessment to understand and gain control over HIPAA/HITECH requirements
* Library of free policies and example templates that can be customized to attach as evidence
* Central repository for all HIPAA related documentation
* Automatic updates on new or revised policies, procedures, or forms that reflect changes in the standards
* Automatic updates to changes in regulatory requirements
* Quarterly reminder assessments to help stay on track
* Tracking and managing of Business Associates (BA’s)
* Simple plug-in for PCI-DSS compliance

“As a firm we had a policy of preparing non-disclosure agreements for all our clients,” says Steve Chait, CPA/ABV/CFF, President of Chait & Associates, a full service accounting firm in Hackensack, NJ. “We thought this would cover us for HIPAA compliance as well, however we realized that with the new changes in HITECH, we needed to have a specific Business Associate Agreement in place with all of our medical clients and to show them that we are in fact HIPAA/HITECH compliant as well.”

“We did some research online and found most programs to help get us complaint were in excess of $10,000 and we were considering this when we discovered SecureGRC SB,” added Chait. “This was a $500 entry-point online service that was easy to use and provided us with an excellent tool to help us identify what we needed to do to become compliant. Once we completed their assessment, we received an easy-to-grasp report that we can use to demonstrate that we are now HIPAA and HITECH compliant.”

Availability:
SecureGRC SB is available immediately through direct and indirect channels worldwide. For further details please call (408) 689-2586 or email sales@egestalt.com.

About eGestalt Technologies Inc.:
eGestalt Technologies Inc. ( http://www.egestalt.com ) 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 of eGestalt Technologies in India was founded in 2007 by former Intel and IBM executives. eGestalt was nominated Breakthrough Technology Vendor at XChange Americas, August, 2010, and selected by SiliconIndia among the “Top 10 Security Companies to Watch.” Its SecureGRC application was voted runner-up in the Managed Services Category at Xchange Tech Innovators, Nov. 2010.

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
(401) 349-3369
vcruz@mediapr.net
http://www.egestalt.com

Technology

eGestalt SecureGRC Voted Runner Up at XChange Tech Innovators Event

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eGestalt Technologies Inc., today announced its SecureGRC application was voted as a runner-up in the Managed Services Category at the Xchange Tech Innovators November 10-12 event in Las Vegas.

Santa Clara, CA, November 29, 2010 — eGestalt Technologies Inc. ( http://www.eGestalt.com ), a provider of IT security and governance, risk management and compliance (IT-GRC) solutions for small to mid-size businesses and enterprises, today announced its SecureGRC application was voted as a runner-up in the Managed Services Category at the Xchange Tech Innovators November 10-12 event in Las Vegas.

Everything Channel’s exclusive 8th annual Tech Innovator listing celebrates technology vendors that have introduced new solutions to drive advances throughout the technology channel. These companies implemented innovative methods to bridge the gap between current problems and solutions facing channel executives today.

“We’re proud to announce this as our third recognition in four months,” said Anupam Sahai, president, eGestalt. “Clearly there is great pent up demand in the channel for a Cloud computing and SaaS-based IT-GRC solution that services the largely underserved SMB market. Already nearly 50 channel partners have signed up since June to join our Managed Compliance Provider program, offering this compelling IT security and GRC unified solution to their customers.”

Ed Moltzen, managing editor at the CRN Test Center, and Eddie Correia, technical editor at the CRN Test Center, Friday closed the Xchange Tech Innovators conference by presenting the Tech Innovator Awards to vendors with products ranging from cloud offerings to digital signage to managed services.

“The awards were presented based not only on technical merit, but also on how much the vendors invested in providing their solution provider partners the tools and programs to bring their products to customers,” said Moltzen.
The company was recognized for 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. For the first time the channel can now deliver low-cost, high-value compliance services to their clients with unparalleled economics that are unprecedented in the industry.

Available since June 2010, SecureGRC has already received several awards. Earlier this month the company was selected by SiliconIndia among the “Top 10 Security Companies to Watch” in its annual si100 ranking and in August, SecureGRC was voted as a finalist in the Breakthrough Technology Vendor category by Everything Channel’s XChange Americas, Dallas.

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

For further details please call (408) 689-2586 or email sales@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, Principal
MediaPR.net, Inc
Santa Clara, CA 95054
(401) 349-3369
vcruz@mediapr.net
http://www.egestalt.com

Technology

eGestalt Honored “Top 10 Security Companies to Watch” by SiliconIndia

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eGestalt Technologies Inc., announced that SiliconIndia selected it among the “Top 10 Security Companies to Watch” in its annual si100 ranking.

Santa Clara, CA, November 10, 2010 — eGestalt Technologies Inc. ( http://www.eGestalt.com ), a cloud computing based Software-as-a-Service (SaaS) provider of IT security and governance, risk management and compliance (IT-GRC) solutions for small to mid-size businesses including enterprises, announced that SiliconIndia selected it among the “Top 10 Security Companies to Watch” in its annual si100 ranking.

Sponsored by SiliconIndia.com, a professional networking portal with 2 million members, the si100 is an annual listing of the top 100 technology companies founded and managed by Indians in the U.S. and cover multiple sectors of information technology including wireless, mobile, clean tech, semiconductor, software and security.

The company was recognized for SecureGRC, ( http://www.egestalt.com ) 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 low-cost, high-value compliance services to their clients that has unparalleled economics that is unprecedented in the industry.

The selected companies awarded are judged by a distinguished panel comprising accomplished Indian CEOs and CIOs of public companies, venture capitalists, analysts, founders of other VC-funded companies and the SiliconIndia editorial board.

“I am very excited to accept this recognition by the large SiliconIndia community of industry leaders,” said Anupam Sahai, co-founder and president. “This honor validates that we are making great progress and now the peers and the industry thought leaders are recognizing the hard work done by our team. SecureGRC provides what our customers have been asking for, an integrated solution for dealing with information security and compliance management using a disruptive and compelling business model.”

Available since June 2010, SecureGRC ( http://www.egestalt.com ) has already received several awards and recognitions, most prominently being voted as a finalist in the Breakthrough Technology Vendor category by Everything Channel’s XChange Americas.

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 of eGestalt Technologies in India was founded in 2007 by former Intel and IBM executives.

For more information 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
(401) 349-3369
vcruz@mediapr.net
http://www.egestalt.com

Technology

eGestalt Voted Breakthrough Technology Vendor Finalist at XChange 2010 Event

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eGestalt Technologies Inc., a world leading provider of information security and IT-GRC solutions for all enterprises, today announced it was voted as a finalist in the Breakthrough Technology Vendor category at the prestigious XChange XCellence award ceremony.

Santa Clara, CA, September 09, 2010 — eGestalt Technologies Inc. ( http://www.eGestalt.com ), a world leading provider of information security and IT-GRC (governance, risk management and compliance) solutions for all enterprises, today announced it was voted as a finalist in the Breakthrough Technology Vendor category at the prestigious XChange XCellence award ceremony at Everything Channel’s XChange Americas event recently held in Dallas, Texas.

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.

XChange Americas is the largest IT channel event of the year, attracting over 1,000 attendees. This 3.5 day event brings together over 250 solution providers and leading industry vendors in diverse technology areas to build business relationships.

Having recently announced its Managed Compliance Provider channel strategy and program for the IT-GRC industry, eGestalt’s SecureGRC solution ( ) met the following five eligibility requirements to capture a large number of votes on the Breakthrough Technology Vendor ballot.

* New or enhanced product introduced to the channel in the past six months.
* Product creates new revenue streams and business opportunities.
* Product is a solution that channel partners would want to represent.
* Product contributes to solving real business technology needs; and lastly:
* Strong market opportunity for this product.

“To win recognition by the largest gathering of IT channel partners in the industry is a vote of confidence in our innovative IT-GRC cloud solution along with our unique channel based Go-to-Market strategy,” said Anupam Sahai, President, eGestalt Technologies Inc. ( http://www.egestalt.com ) “To meet any compliance requirement is a complex and expensive proposition especially for SMBs; that the channel recognizes our SaaS-based solution as being ideal for this market shows the pent-up demand for a simple IT-GRC managed compliance service.”

The XChange XCellence Awards winners are selected by top solution providers at each event and honor the vendors with the most exceptional products, programs and technologies.

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™, ( http://www.egestalt.com/securegrctm.html ) for the first time the channel can now deliver low-cost, high-value compliance services to their clients with unparalleled economics that are unprecedented in the industry.

Sponsored by Everything Channel Events, the XChange XCellence Awards measure business and technology integrator perceptions of vendor products, services, and programs during an XChange event. XChange attendees evaluate and score each vendor’s presentation, message and presence throughout the event, and awards are presented during the XChange XCellence Awards luncheon.

About Everything Channel:
Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.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. For further details please call (408) 689-2586 or email sales@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, Principal
MediaPR.net, Inc
Santa Clara, CA 95054
(401) 349-3369
vcruz@mediapr.net
http://www.egestalt.com