SOURCE: ProactiveNet

June 13, 2006 09:50 ET

ProactiveNet to Exhibit at SIA Technology Management Conference

Annual Event to Be Held June 20-22 at the Hilton New York

SANTA CLARA, CA -- (MARKET WIRE) -- June 13, 2006 -- ProactiveNet, Inc., the time-to-value leader in Business Services Management (BSM), today announced that it will exhibit its recently announced ProactiveNet 7.0 software at the Securities Industry Association's (SIA) Technology Management Conference, June 20-22, at the Hilton New York. ProactiveNet will be in booth 1724.

ProactiveNet software provides large financial organizations with the ability to link SLAs and business services directly to IT services and infrastructure performance behavior in real-time. This unique level of visibility is what enables lines-of-business owners and IT groups to know about, act upon and resolve emerging IT services problems before end users or service level objectives are impacted. ProactiveNet achieves value faster than competitive BSM and systems management solutions by deploying faster, speeding problem resolution, increasing the performance and availability of mission-critical IT services, and streamlining IT operations.

The 2006 SIA Technology Management Conference is the annual management education program designed expressly for individuals within securities firms who have management responsibility for technology-based support activities, including: communications, market data, trading room support, Web and Internet technology and information systems. For more information about the event or to register, please visit www.sia.com/tmc2006.

"Regulatory compliance and IT best practice initiatives continue to be top-of-mind with enterprise IT groups in the securities industry," said David Langlais, vice president of marketing at ProactiveNet. "We're excited to share the new features of ProactiveNet 7.0 which we just announced last month. In years past, the SIA's Technology Management Conference has proven itself an ideal forum for IT executives and business unit owners to interact with their peers to share their experiences."

About SIA

The Securities Industry Association brings together the shared interests of more than 600 securities firms to accomplish common goals. SIA's primary mission is to build and maintain public trust and confidence in the securities markets. SIA members (including investment banks, broker-dealers, and mutual fund companies) are active in all U.S. and foreign markets and in all phases of corporate and public finance. According to the Bureau of Labor Statistics, the U.S. securities industry employs nearly 800,000 individuals, and its personnel manage the accounts of nearly 93-million investors directly and indirectly through corporate, thrift, and pension plans. In 2005, the industry generated an estimated $322.4 billion in domestic revenue and an estimated $474 billion in global revenues. (More information about SIA is available at: www.sia.com.)

About ProactiveNet

ProactiveNet, Inc. is the "Time-to-Value" leader in Business Services Management software solutions for Global 2000 and leading e-commerce companies. The company's patented Service Analytics™ technology is unmatched in its ability to link business process performance to the performance of the end-to-end IT infrastructure in real-time. This powerful capability is what enables ProactiveNet customers to receive early warnings; eliminate downtime; eliminate finger-pointing meetings; dramatically reduce the amount of clutter on enterprise management consoles; speed root-cause analysis; and solve difficult-to-diagnose IT problems such as brownouts or intermittent abnormalities.

Customers include E*TRADE FINANCIAL, Hoover's Online, MoneyGram, Hotels.com and McKesson Corp. ProactiveNet delivers key capabilities to companies implementing ITIL best practices and has been offering end-to-end business and IT services management solutions since 1997. The company is headquartered in Santa Clara, California with international offices in India and the UK. For more information about ProactiveNet, visit www.proactivenet.com and download customer ROI studies, or call (877) 277-6686.

Contact Information

  • Media Contact:
    Jim Azevedo
    ProactiveNet
    (408) 454-4514
    Email Contact