SOURCE: Tripwire, Inc.

April 18, 2007 11:44 ET

Tripwire Adds Tomi Sugiyama as President of Japan

Technology Industry Veteran Joins Tripwire Japan, Already Driving a Record Quarter

PORTLAND, OR -- (MARKET WIRE) -- April 18, 2007 -- Tripwire®, the recognized leader in configuration audit and control solutions, today announced that industry veteran Tomi Sugiyama has joined its executive team as President of Japan. With 25 years of experience working with technology companies such as Oracle Japan, Tibco Software, PeopleSoft, Compuware Japan and others, Sugiyama brings to Tripwire a high level of experience in market development, building channels and alliances and solving business challenges. His experience will immediately enhance Tripwire's initiative to reduce IT risk and increase control and operational stability.

"I am very enthusiastic about the opportunity to lead Tripwire Japan and to aggressively execute on our strategic plan," said Sugiyama. "In fact, since joining Tripwire, we have strengthened our portfolio, and surpassed our last best quarter, setting a new record for Tripwire Japan. Although we still have much to do, these steps have positioned us to take full advantage of recent trends in configuration management and will continue to build on our market leadership."

This addition to Tripwire's executive team builds on the momentum the company has demonstrated over the past six months, growing revenue and adding new customers in all regions. This growth has been fueled in part by the availability of the sixth edition of its Configuration Audit & Control product, Tripwire Enterprise, and winning several company and product awards, including Information Security Magazine's 'Product of the Year' award and Oregon Business Magazine's 'Top 100 Places to Work' award.

"This is a pivotal year for Tripwire. We achieved our best Q1 in company history, by growing significantly over Q1 2006. This equates to a solid 25 percent increase as compared to this time last year," said Jim Johnson, President and CEO of Tripwire. "Tripwire is attracting talented and proven executives with deep knowledge and expertise in the enterprise market; Tomi's contributions will enable Tripwire to strengthen its business around the world in a proactive and strategic manner. We look forward to the results that Tomi will achieve as Tripwire moves into new markets and continues to grow."

About Tripwire, Inc.

Tripwire, Inc. is the recognized leader of configuration audit and control solutions, serving over 5,500 enterprises worldwide. Tripwire enables IT to control risk and increase operational efficiency through its advanced configuration audit and control solutions that detect and analyze all configuration events across the IT infrastructure. Global enterprises rely on Tripwire to strengthen their compliance and security, reduce unplanned work, increase availability, and accelerate success with CMDB initiatives. 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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