29-09-2009 - 14:00

LogLogic Names Three New Board Members Including Its First Independent Director

LogLogic®,

the leader in log and security management solutions, today named three

new members to the company’s board of directors, including Peter

Goettner, Marc Verstaen and Deborah Rieman, the company’s first

independent director.

Rieman, former CEO of Check Point Software Technologies Inc., noted,

“When I first joined Check Point, their market was still young and

nowhere near its potential. I recognized that the company had a

fundamentally new approach to the problem, which later drove their rapid

growth. I see LogLogic at a similar junction today as log management is

a relatively young industry, poised to grow dramatically. LogLogic has

built a unique framework from which to lead the market. I’m excited to

join LogLogic at this pivotal moment in the company’s evolution.”

“We’re delighted to have three outstanding executives join our board and

bring their experiences to help us continue building a great company,”

said Guy Churchward, CEO of LogLogic. One of LogLogic’s greatest assets

is the talent of our team, and I look forward to working with our board

to unify the company toward an aggressive, strategic approach in this

evolving market.”

The ability to collect, store, and categorize logs is the foundation of

any comprehensive IT strategy. Log data can be utilized for a wide

variety of business and security purposes – compliance attestation,

security threat monitoring, fraud detection, forensic analysis, problem

resolution, capacity planning and even business-intelligence. LogLogic

is unique in the industry with its focus on an open log management

platform. While others have “bolted on” log management as an

afterthought to security management, LogLogic first and foremost

delivers a scalable log base. This log base delivers a foundation for

customers to effectively and efficiently collect log data once and

re-use many times to suit their organization’s specific

objectives. LogLogic enables the same log base to power industry-leading

applications including LogLogic Security Event Manager (SIEM), LogLogic

Database Security Manager (Database Activity Monitoring) and LogLogic

Compliance Manager (Compliance Workflow Automation).

“Logs contain the wealth of information needed to understand what is

actually going on in your IT systems. The data is there, but with the

ever-multiplying volume of ‘big data’ in the enterprise, IT departments

struggle to make sense of it all,” said LogLogic board member Marc

Verstaen. “As this market matures, we will see log management expand to

encompass everything on the network, with an unlimited number of

applications built on top.”

The LogLogic board is now comprised of seven executives, including CEO

Churchward and board chair Michael Goguen, general partner at Sequoia

Capital. The new board members are:

  • Peter Goettner, general partner at Worldview Technology Partners,

    replaces Worldview partner Mark Orsak. Goettner, who joined Worldview

    in 2003, brings more than 15 years of operational experience,

    including nearly a decade at the senior management level. His

    investments and board seats include PostPath (acquired by Cisco),

    Nsite (acquired by Business Objects), Bitpass (acquired by Digital

    River), Virtual Synaptics (acquired by Ignite IP), Delivery Agent,

    QSecure, and Emergent Game Technologies. He holds an MBA from Haas

    School of Business at UC Berkeley and a BS in Electrical Engineering

    from the University of Michigan.

  • Deborah Rieman, appointed as an independent board member, is a

    managing partner of private hedge fund Equus Global Investments and

    former CEO of Check Point Software Technologies and vice president of

    marketing of Adobe Systems. A recognized expert in Internet and

    enterprise security, she holds a PhD in mathematics from Columbia

    University and a BA from Sarah Lawrence College. In addition to

    LogLogic, Rieman also serves on the board of directors for Corning,

    Inc. and Keynote Systems. Rieman has also served on numerous company

    boards over the past fifteen years.

  • Marc Verstaen, founder and CEO of Lorienne S.A., a leader in map

    authoring tools, and founder and CEO of Beatware, a software company

    specializing in data representation for the Web and mobile devices

    (acquired by Hyperion), currently serves as Engineering Manager at

    Apple. Verstaen is a former President of the French American Chamber

    of Commerce of San Francisco and a graduate of Paris Tech/ ENSTA.

About LogLogic

LogLogic® (www.loglogic.com)

is the leader in log and security management solutions. Supported by

more than 200 partners and trusted by more than 1,000 customers

worldwide, LogLogic solutions provide visibility and control to any IT

infrastructure so that organizations can significantly improve security,

compliance and network performance. LogLogic's open log management

platform enables customers to collect, search and store massive amounts

of IT log data from a myriad list of devices and applications for a

comprehensive fingerprint of past and current activity, through one

convenient, easy-to-use web-based user console. LogLogic’s business

applications correlate user activities and event data in real-time for a

uniquely integrated approach to security event management, database

security management, security change management and compliance

management, resulting in improved accountability and lower costs for

organizations of all sizes.

Check out LogLogic products at www.loglogic.com/logpower

and follow LogLogic on Twitter at www.twitter.com/loglogic.

Page One PR, for LogLogic

Ray

George, +1-650-922-3825

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