eGestalt Voted Breakthrough Technology Vendor Finalist at XChange 2010 Event SANTA CLARA, Calif. , August 31, 2010 -- eGestalt Technologies Inc. (www.eGestalt.com), a world leading provider of information security and IT-GRC (governance, risk management and compliance) solutions for all enterprises, today announced it was voted as a finalist in the Breakthrough Technology Vendor category at the prestigious XChange XCellence award ceremony at Everything Channel's XChange Americas event recently held in Dallas, Texas. In June 2010, eGestalt announced SecureGRC™, a patent-pending cloud-based SaaS solution that addresses all the enterprise needs around information security, compliance and risk management and provides automation and integration of policy controls to manage security and IT-GRC related issues. XChange Americas is the largest IT channel event of the year, attracting over 1,000 attendees. This 3.5 day event brings together over 250 solution providers and leading industry vendors in diverse technology areas to build business relationships. Having recently announced its Managed Compliance Provider channel strategy and program for the IT-GRC industry, eGestalt’s SecureGRC solution met the following five eligibility requirements to capture a large number of votes on the Breakthrough Technology Vendor ballot. New or enhanced product introduced to the channel in the past six months. Product creates new revenue streams and business opportunities. Product is a solution that channel partners would want to represent. Product contributes to solving real business technology needs; and lastly: Strong market opportunity for this product. “To win recognition by the largest gathering of IT channel partners in the industry is a vote of confidence in our innovative IT-GRC cloud solution along with our unique channel based Go-to- Market strategy,” said Anupam Sahai, President, eGestalt Technologies Inc. “To meet any compliance requirement is a complex and expensive proposition especially for SMBs; that the channel recognizes our SaaS-based solution as being ideal for this market shows the pent-up demand for a simple IT-GRC managed compliance service.” The XChange XCellence Awards winners are selected by top solution providers at each event and honor the vendors with the most exceptional products, programs and technologies. Of interest to channel partners is that SecureGRC reduces the total cost of ownership by as much as 10x, making it ideal for cost-conscious small and mid-size organizations. Based on SecureGRC™, for the first time the channel can now deliver low-cost, high-value compliance services to their clients with unparalleled economics that are unprecedented in the industry. Sponsored by Everything Channel Events, the XChange XCellence Awards measure business and technology integrator perceptions of vendor products, services, and programs during an XChange event. XChange attendees evaluate and score each vendor's presentation, message and presence throughout the event, and awards are presented during the XChange XCellence Awards luncheon. About Everything Channel Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com/. About eGestalt Technologies Inc. eGestalt Technologies Inc. is a world-class, innovation driven, leading provider of cloud- computing based enterprise solutions for Information Security and IT-GRC management. eGestalt is headquartered in Santa Clara, California, and has offices in US, Asia-Pacific and Middle East. The Consulting and development team in eGestalt Technologies in India was founded in 2007 by former Intel and IBM executives. For further information about the company, please visit http://www.egestalt.com For further details please call (408) 689-2586 or email sales@egestalt.com. Press Contact: Victor Cruz, MediaPR (401) 349-3369 | email: vcruz@mediapr.net All trademarks contained within this press release are the sole property of their respective owners and are hereby acknowledged. # # #