SOURCE: Tripwire, Inc.

September 21, 2007 10:05 ET

Tripwire Adds Enterprise Software Veteran Mark Gaydos as Vice President of Marketing

PORTLAND, OR--(Marketwire - September 21, 2007) - Tripwire, Inc.®, the leading provider of configuration audit and control solutions, today announced that Mark Gaydos has joined the firm as its vice president of marketing. In this position, Mr. Gaydos will be responsible for directing Tripwire's product management, product marketing and corporate marketing to further extend the company's market leading position.

Gaydos joins Tripwire from SAP America where he served as a senior director of marketing and inside sales, responsible for guiding the company's SAP CRM on-demand marketing in North America. Prior to SAP, Mark was vice president of marketing at Comergent, an enterprise e-commerce applications vendor that was acquired by Sterling Commerce. Mark has also served in senior product management positions at Oracle and Backweb Technologies. In addition, Mark has taught software product marketing and management for the past ten years at UC Berkeley Extension.

Said Jim Johnson, Tripwire president and CEO, "Mark's talent, skill and experience will clearly help Tripwire fuel its ongoing growth and leadership. We look forward to the impact Mark will make on Tripwire's ongoing commitment to continuously grow the value we provide customers."

"Tripwire has made a distinct impact on how IT approaches its daily operations through its solid vision, pioneering technology, and clear focus on meeting and beating customer expectations," said Gaydos. "I look forward to building on this foundation, continuing to deliver innovative products that consistently bring superior business benefit."

Mark Gaydos joins Tripwire at a time when the company has emerged as the leader in configuration audit and control solutions. With nearly 6,000 customers, Tripwire has seen both record new customer adoption and significant customer retention, with a 90 percent customer renewal rate. The company recently recorded its third consecutive year of profitability and positive cash flow, continuing its strong growth rate.

About Tripwire, Inc.

Tripwire, Inc. is the recognized leader of configuration audit and control solutions, serving nearly 6,000 enterprises worldwide. As the first in the industry to combine configuration change auditing with configuration assessment, Tripwire helps IT organizations automate compliance across the data center, reducing risk and increasing operational efficiency. Tripwire ensures the organization achieves continuous operational, regulatory and security compliance, helping IT achieve and maintain a known, trusted and compliant system state. Tripwire is headquartered in Portland, Ore. with offices in the UK and Japan. For more information visit: http://www.tripwire.com/.

©2007, Tripwire, Inc. Tripwire is a registered trademark of Tripwire, Inc. All other marks are property of their respective owners. All rights reserved.

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