eGestalt SecureGRC Voted Runner Up at XChange Tech Innovators Event

Santa Clara, CA (PressExposure) 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 MediaPR.net, 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.


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

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Press Release Submitted On: November 29, 2010 at 12:30 am
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