SOURCE: Bridgestream, Inc.

November 15, 2005 10:53 ET

Bridgestream Shortlisted to Present at IBDNetwork's Under The Radar™ Event

One of Four Companies Selected Most Likely to Succeed in Identity Management Market

SAN FRANCISCO, CA -- (MARKET WIRE) -- November 15, 2005 -- Bridgestream, Inc., a leading provider of business roles automation solutions, today announced that it has been chosen to present at the third Under the Radar one-day event, with a focus on Enterprise Technologies. Under the Radar will take place on November 16, 2005, at the Microsoft campus in Mountain View, Calif.

Under the Radar will showcase young technology companies in eight emerging sectors within the enterprise technology space including: extrusion prevention, identity management, next-generation business intelligence, information lifecycle management, source-code analysis, second-generation RFID, data-center virtualization and multi-platform productivity tools. Under the Radar's signature format showcases four companies within a similar sector, with a hard-hitting Q&A from judges and audience members, highlighting growth opportunities and challenges in each sector.

Judges hail from leading venture capital firms such as Allegis Capital, Accel Partners, Advanced Technology Ventures, Kleiner Perkins Caufield & Byers, Trident Capital, Hummer Winblad, Intel Capital, JPMorgan Partners, Morganthaler Ventures, and SAP Ventures. Industry luminaries such as Michael Copeland, senior writer of Business 2.0, Tom Formeski, editor of Silicon Valley Watcher and Steve Fox, editor-in-chief of InfoWorld are among the speakers who will moderate the sessions.

Bridgestream was handpicked by the IBDNetwork editorial team and Under the Radar advisory board based on its review of over 300 companies in this space. The Bridgestream SmartRoles software reflects the sophisticated relationships and organizational views found across the business -- from formal hierarchies and cost centers to virtual teams and cross-enterprise initiatives -- serving as a foundation for identity management and provisioning solutions. By applying business policies to roles that determine privileges, Bridgestream SmartRoles derive the most current and timely authorization and access information. It uniquely manages ongoing user and organizational changes and updates systems and applications across the enterprise in real-time.

"We are very pleased to be one of 32 companies chosen to present at the third Under the Radar one-day event," said Mark Tice, president and CEO of Bridgestream. "Bridgestream's market momentum in the identity management space continues to grow. The Bridgestream SmartRoles solution provides tremendous value to organizations seeking to control operational costs and ensure enterprise application security."

"Under the Radar gives emerging private companies an opportunity to present and receive feedback on their technology and business model from investors and potential strategic partners in a unique, interactive format," said Alison Murdock, president of IBDNetwork. "Our advisory board of VCs and executives from leading technology and service firms evaluated more than 300 early-stage companies and selected Bridgestream based on its promising technology and compelling market opportunity."

To learn more about Under the Radar, visit http://www.ibdnetwork.com/index.php?option=content&task=view&id=146

About IBDNetwork

IBDNetwork is a Silicon Valley-based "club for dealmakers." Its events and editorial offerings cover the business side of technology including: industry trends; emerging and established companies; new business models and strategies for growth; and dealmaking from partnerships to investments. It focuses on the individuals and companies that drive innovation with an offline and online community of CEOs, corporate development executives, VCs and financiers, and journalists.

About Under the Radar

Under the Radar began as an evening networking event in April 2003. After 18 months of sold-out events, IBDNetwork, urged by the VC and M&A professionals in its network, created a full-day event: effectively a one-stop shop to evaluate and explore new business opportunities, partnerships, potential investments, and trends in several technology sectors. Acteva, Comerica Bank, IBM, Intel Capital, LEWIS PR, Microsoft, Mohler, Nixon & Williams, Perkins Coie, Salesramp, and Square 1 Bank.

About Bridgestream, Inc.

Bridgestream is a leading provider of business roles automation solutions. The Bridgestream SmartRoles™ software maps the business relationships that exist within a department, within a division and across the extended enterprise to provide fast, accurate and real-time information about role-based authorizations and changes. With Bridgestream, enterprises can decrease the cost of managing access and authority information, improve visibility and control as well as ensure regulatory compliance. Bridgestream is headquartered in San Francisco, Calif. For more information, visit www.bridgestream.com or call (415) 284-0200.

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