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Prism Microsystems Names Steve Lafferty VP Of Marketing

High-tech marketing specialist to assume full responsibility for all marketing initiatives

Columbia, MD, December 11, 2006 - Prism Microsystems, Inc., the leading provider of powerful practical solutions for enterprise event management, today announced that industry veteran Steve Lafferty will immediately assume responsibility for all marketing and product strategy, corporate and product positioning, and marketing communications, including web presence, lead generation, analyst, media and tradeshow relations, advertising and general sales support.

Lafferty brings to Prism Microsystems more than 20 years of marketing and management experience for emerging and established software technology companies. He recently served as Vice President of Marketing for automated software testing tools company Aberro, Inc., based in Rockville, Maryland. Over his career Steve has served in a variety of senior marketing and management roles in market leading companies such as Manugistics, Iona, eXcelon, Sterling Software, Cadre and Green Hills Software. Steve began his career at OASYS, a provider of embedded development tools.

“We welcome Steve to the Prism team. We have aggressive company goals and his knowledge and experience in leading expansion efforts of fast-growth companies will be invaluable to Prism as we continue to build on our record revenue growth," said Prism’s President and Chief Executive Officer A. N. Ananth. "Steve’s proven track record of successful product launches coupled with his understanding of the systems management market will enable Prism to meet our aggressive growth targets.”

“The opportunity for Prism is exciting” said Lafferty. “Corporate network and systems infrastructures are larger, more diverse and more complicated than ever before. With compliance requirements and increasing internal and external security concerns to deal with, a solution that provides alerting, logging and compliance management and reporting is critical, and Prism is the only vendor delivering that capability in a single integrated package.”

About Prism Microsystems

Prism Microsystems, Inc. was formed in 1999. It is headquartered in the Baltimore-Washington high tech corridor with its primary Research and Development facility in Bangalore, India. Privately funded and profitable since 2002, the company delivers business-critical solutions to consolidate, correlate and detect changes that could impact the performance, availability and security of a company’s IT infrastructure. 

EventTracker, Prism’s enterprise event management solution, is designed to enhance the security of critical systems, maintain confident compliance, and improve overall performance and availability. EventTracker is engineered for ease of use and flexibility and has over 600 customers in 50 countries across multiple sectors. Visit www.eventLogManager.com for further information.

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