Event log information can contain a wealth of data about a company's IT operations. Growing adoption of log management solutions as critical for enabling IT compliance and enhancing overall security fuelled important growth for Prism Microsystems in the 1st quarter of 2007. Without an automated solution in place, however, making effective use of this information is a difficult process that consumes important resources. Faced with terabytes of disparate information being generated by hundreds of enterprise-wide sources, organizations of all sizes are now moving towards automating their log management processes to lower the administrative burdens typically associated with collecting and analyzing logs.

    Dramatically exceeding business goals, the company added 60 new customers for its log management product - EventTracker - taking the customer base to well over 600 companies across multiple sectors. The 1st quarter also witnessed 100% year on year quarterly revenue growth with company records set for software license revenue, affirming Prism Microsystems position as the leading provider of in-depth logging solutions.

    Steve Lafferty, VP Marketing, Prism Microsystems Inc., stated: "Our success in building our considerable customer base is driven by our commitment to staying focused on customer requirements while delivering 'ahead of the curve' scalable solutions that exceed expectations. EventTracker's features go well beyond the basic compliance requirements of organizations to provide advanced forensic analysis and complete system health monitoring."

    Lafferty continued: "Our triple-figure growth rate and a rapidly increasing customer base underscore the accelerating demand for log management solutions within the market. As a pioneer of innovative and robust event log management solutions, we are going to continue to raise the bar on our competition and deliver superior products and services to our customers."

    Companies are finally thinking about the importance of managing and analyzing logs for gaining complete security, compliance and network visibility. Log management products such as EventTracker not only help IT personnel keep abreast of system issues but also bring important value to business-level executives by aligning IT policies with internal/external controls and automatically revealing security violations for risk mitigation and faster, more informed decision making.

    The company was formed in 1999 and is headquartered in the Baltimore-Washington high tech corridor with a primary Research and Development facility in Bangalore, India. Privately funded and profitable since 2002, the company offers business-critical products to consolidate, correlate and detect changes that could impact the performance, availability and security of a company's IT infrastructure.

For more information visit t www.eventLogManager.com.