eGestalt Named a 2011 CRN Emerging Technology Vendor Channel stands to reap big rewards by using SecureGRC to attract

federal meaning ful use dollars. Santa Clara, CA, Wednesday - September 28, 2011 -- eGestalt Technologies ( http: //www.eGestalt.com ), a leading provider of cloud-based, SaaS-delivered, securit y and information technology governance, risk management and compliance solution s for SMBs to enterprises,today announced it has been selected by Everything Cha nnel as a 2011 CRN Emerging Technology Vendor. The annual list features the mos t innovative vendors who not only deliver technology that is easy to use, but ca n generate the high margins solution providers require.

Channel partners need no more incentive than the $40,000 in meaningful use governmen funds being granted to individual doctor s offices that install electronic medical records (EMR) that are fully in compliance with HIPAA/HITECH privacy and securit y rules. "Large hospitals are eligible for up to $2 million in federal grants," said eGes talt President Anupam Sahai. "Not only must every physician practice abide by HI PAA rules, but all their business associatestoo must fall in compliance. There a re 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 ( http://www.eGestalt.c om ) is a cloud-based, SaaS-delivered, $750 per year security and risk assessmen t, auditing and remediation application. The tool offers peace of mind to channe l 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 compl iance-related evidence into a single and centralized repository.It comes stacked with pre-packaged content such as policies that are continuously updated, a tro ve of best practices, and plenty of assessment questions that make it an easy st ep-by-step process to run the assessment and prove compliance. Thanks to the fine print in HIPAA/HITECH legislation, MSPs have a tremendous gol d mine of an opportunity to reap big rewards, revenues, and bundling opportuniti es. 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/HI TECH regulations." SecureGRC also offers an automated PCI-DSS compliance management solution that h elps meet PCI-DSS requirements in terms ofbuilding and maintaining a secure netw ork; 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 visi t: 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 s ervices through creation of collateral, training, implementation, delivery and o n-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. Servi ce providers can pursue federal meaningful use dollars to the tune of $40,000 per qua ified physician practice. SecureGRC generates the necessary reports for proving compliance. "By law, all business associates and sub-contractors affiliated with the given m edical practice must follow HIPAA/HITECH compliance rules or face stiff penaltie s. It could not be more convincing a sale. Like spokes from a wheel, from one cu stomer 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 client s 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 busines s 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 st rategy. 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, researc h, consulting, and sales and marketing services. With over 30 years of experienc e and engagement, UBM Channel has the unmatched channel expertise to execute int egrated solutions for technology executives managing partner recruitment, enable ment and go-to-market strategy in order to accelerate technology sales. UBM Chan nel is a UBM company. To learn more about UBM Channel, visit us at www.ubmchanne l.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 ser ving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Ou r 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 e ffectively 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 provide r of cloud-computing based enterprise solutions for information security and ITGRC management. eGestalt is headquartered in Santa Clara, CA, and has offices in the US, Asia-Pacific and Middle East. eGestalt was nominated Breakthrough Techn ology Vendor at XChange Americas, Aug. 2010, and selected by SiliconIndia among the "Top 10 Security Companies to Watch." Its SecureGRC application was voted r unner-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 Chan nel 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