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eEye Names New CEO Kevin Hickey

Company also appoints CFO and VP of strategy

IRVINE, CA--(Marketwire - December 28, 2009) - eEye Digital Security (www.eeye.com), a provider of integrated security and vulnerability management solutions, today announced the appointment of Kevin Hickey to Chief Executive Officer effective immediately. The company also announced Tyler Hanson as Chief Financial Officer and Brad Hibbert as Vice President of Strategy.

Hickey replaces former CEO Kamal Arafeh, who served the company for three years and was responsible for achieving the highest growth rate in its 10-year history, leading a turnaround of the company into profitability.

Arafeh states, "A leadership change signifies a natural progression of growth for eEye as we move forward into 2010 with ambitious plans to enter industry sectors and markets that pose new and interesting challenges. To make progress we need new leadership, someone like Kevin Hickey, who will help achieve more business and deeper inroads with government and large enterprise customers. I wish him and the company great success."

Hickey, a veteran in the technology industry, recently concluded a very successful sale of NetPro Computing to Quest Software where, prior to the sale, he helped grow the business significantly in 4+ years. Hickey has a strong history of sales and marketing leadership, as well as software operations, strategy, fundraising and mergers and acquisitions expertise. Hickey has served as the President & CEO of Homebid.com where he secured significant funding and eventually sold the business to industry leader, HomeStore.com. Hickey's tenure at Homebid.com was preceded by seven years at Viasoft Inc. where he served as President & COO, and led the company to a successful initial and subsequent public offering prior to its sale. Hickey started his high-tech career at IBM, serving for 12 years in several key marketing and executive business management roles.

Hickey is currently a venture partner at JMI Equity of Washington, D.C., a principal investment firm specializing in management buyout, recapitalization, and institutional capital transactions of emerging companies. He serves on the Board of Directors for AlarmPoint Systems, Big Brothers Big Sisters, Daptiv, and The Rsmart Group. He also served 10 years on the Fiesta Bowl Board of Directors, serving his last year as Chairman.

Most recently, eEye announced Retina' CS Compliance and Security, a web-based security console that manages all vulnerability and endpoint protection requirements by building on eEye's award-winning suite of products that include Retina Network Security Scanner and the company's endpoint protection solution, Blink. Designed to fit the needs of small to mid-sized organizations (SMB/SME), Retina CS provides a vastly improved and unified management console that combines simplified workflows with advanced custom reporting into one seamless experience.

Retina CS boasts simplified navigation and a results driven interface designed to minimize threat windows, allow quick access to key reports to tighten security and compliance controls, instant column reordering, and fast screen transitions that make for a true next-generation user experience. (Full product details: http://www.eeye.com/Products/Retina/CS.aspx)

In December, SC Magazine awarded eEye's Retina Network Security Scanner with a "Best Buy of 2009" in the vulnerability management solution category.

About eEye Digital Security

eEye Digital Security is the global leader in a new class of security solutions: comprehensive vulnerability management and zero-day endpoint security protection. eEye enables secure computing through world-renowned research and innovative technology, supplying the world's largest businesses with an integrated and research-driven vulnerability assessment, intrusion prevention, and client security solution. eEye's research team is consistently the first to identify new threats in the wild and our products leverage that research to deliver the insights and tools necessary to protect our customers' operating environments.

All trademarks contained within this press release are the sole property of their respective owners and are hereby acknowledged.

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