Prism Microsystems and Finally Software bring SIEM to the EMEA market

Columbia, MD –  Prism Microsystems Inc., a leading provider of integrated SIEM (Security Information and Event Management) and Change Management solutions, today announced a reseller agreement with Finally Software, a UK-based provider of security software solutions, to market and support Prism’s SIEM solution, EventTracker, in the EMEA region.

With this partnership, Prism continues to set the stage for significant international expansion bolstered by the growing demand for information security solutions that enable regulatory compliance and protect information assets from cyber attacks. The SIEM market is expected to grow to over $1 billion globally by 2010 according to estimates by leading analyst firms, and the EMEA region is a key growth area.

“Prism is well positioned to take advantage of the opportunity offered by a booming global SIEM market. EventTracker has a track record of successful implementations at over 650 companies worldwide and is the only solution that offers integrated change management, which is essential for targeting those zero-day attacks and emerging threats that other SIEM products do not detect” said Steve Lafferty, VP of Marketing at Prism Microsystems Inc. “We are glad to be partnering with Finally Software, who understands the needs and requirements of the EMEA market exceptionally well.”

“We decided to partner with Prism Microsystems after significant amounts of research. The company came recommended by a number of industry experts, and we were specifically impressed by the rich functionality, scalability and ease of installation and use that EventTracker offered. We were also impressed by the level of support delivered by the Prism team, which is really important when you are supporting large customers who will rely on EventTracker for their PCI, SOX or best practice compliance requirements” said Alex Kafkarides, Marketing Director for Finally. “The information security market in the EMEA region is immense and we look forward to working with Prism to address this opportunity.”

Experiencing 100% year on year growth, Prism recently also announced plans to ramp up operations at its development facility in India to support increased sales and marketing activities at its headquarters in the US as well as to address the growing demand for SIEM in the EMEA and Australia. The company anticipates not only maintaining this momentum of growth but also exceeding company goals over the next few years with the expansion of its global partner program.

About Prism Microsystems

Prism Microsystems, Inc. delivers business-critical solutions that unify Security Information and Event Management (SIEM) with Change Management capabilities to defend critical IT assets from cyber attacks and ensure compliance with regulatory standards. EventTracker, Prism’s SIEM solution is designed to enhance the security of critical systems, maintain confident compliance, and improve overall performance and availability by automating the real-time collection, correlation, consolidation and analysis of log data. It is engineered for ease of use and flexibility and has over 650 customers in 50 countries across multiple sectors.

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