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

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