News & Events: Announcements

Netuitive Selected As Finalist for 2008 Red Herring Award

Award Recognizes the 100 "Most Promising" Companies Driving Future of Technology

Reston, VA – April 10, 2008 – Netuitive, Inc., the leading provider of self-learning performance management software, today announced that the company has been named a finalist for the Red Herring 100 Award, a selection of the 100 most innovative private technology companies based in North America.

Over the last year Netuitive has experienced over 100 percent revenue growth, closed million dollar deals with industry leaders in the financial services, retail, e-commerce and telecommunications industries, and surpassed its 200th customer milestone. The company appeals to organizations by replacing human guesswork with the accuracy of automated mathematics, enabling proactive end-to-end management of mission-critical applications residing across physical and virtual infrastructures.

"This award further validates what our 200 customers are already seeing," said Nicola Sanna, CEO at Netuitive. "Always-on business applications and virtualization are pushing conventional IT tools beyond their limits. Self-learning technology represents an entirely new paradigm. We're excited to be leading the charge."

The Red Herring editorial board diligently surveyed the entrepreneurial scene throughout the North American region and identified the top 200 out of more than 800 closely evaluated companies that are leading the next wave of innovation.

"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together," said Joel Dreyfuss, editor-in-chief of Red Herring. "It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists."

The 100 winning companies will be announced at the Red Herring North America event. The CEOs of the winning startups will present their innovative ideas and technologies to an audience of leading entrepreneurs, financiers, and corporate strategists at the event in San Jose, California, on May 12-14 at the Fairmont. Register online at: http://herringevents.com/northamerica08/index.html.

About Red Herring
Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

About Netuitive, Inc.
Netuitive is the leading provider of self-learning performance management software. Based on nine patented technologies resulting from 20 years of academic and commercial research and development, Netuitive products replace human guesswork with automated mathematics and analysis to improve performance of systems, business services and virtual infrastructures. Hundreds of customers such as Kroger, BlueCross BlueShield, MetLife, Wachovia and the U.S. Air Force have discovered that Netuitive software leverages existing monitoring systems and delivers return on investment in as little as two months. Named by Gartner as a 2007 "Cool Vendor" for IT operations management, Netuitive has forged partnerships with recognized technology leaders on a wide range of IT and business solutions. For more information, please visit www.netuitive.com.

Netuitive, Netuitive SI, Adaptive Behavior Profiles, Dynamic Thresholds and Trusted Alarms are trademarks or registered trademarks of Netuitive, Inc. All other trademarks or registered trademarks belong to their respective companies.