Qualys Appoints Eric Saltzman as CFO

Former EFI Financial Chief Joins Rapidly Growing Security Firm

Redwood City, CA — February 19, 2003 — Qualys™, Inc., the leading provider of on-demand security auditing and vulnerability management solutions, today announced the appointment of Eric Saltzman as Chief Financial Officer. Saltzman brings to Qualys over 15 years of experience working with both private and public technology companies. He will be responsible for managing Qualys’ financial processes through the company’s anticipated growth and will report directly to Philippe Courtot, Chairman and CEO of Qualys.

During the past year, Qualys has added more than 600 customers to its ongoing subscriber base, and the company anticipates a year of faster growth in 2003 as frequent security audits and vulnerability management are becoming a necessity for securing enterprise networks.

“Qualys’ track record in the security market has been unparalleled,” said Saltzman. “It is becoming clear that customers are shifting the paradigm in the industry from the traditional, reactive security framework to an automated and on-demand management process. Qualys is at the forefront of this transformation, and I am excited to lead the company’s financial efforts through this next phase of growth.”

Most recently Saltzman was CFO for TimesTen, Inc., a real-time data management software company. During his tenure, he worked with the TimesTen CEO to manage the company’s financial infrastructure, build relationships with investors, close additional funding for the company, and manage operating expenses. Prior to TimesTen, Saltzman was CFO/COO for Cygent, Inc., with full operational and P&L responsibility for the communications software company. Prior to Cygent, Saltzman was CFO for Electronics for Imaging, Inc., where in addition to the traditional responsibilities of a public company CFO, Saltzman was responsible for managing business development and strategic relations. Saltzman holds a J.D. from Stanford University Law School and a B.A. from Swarthmore College.

“Eric brings a tremendous value to Qualys through his extensive experience in leading companies through both private and public financial growth,” said Courtot. “We look forward to Eric’s strong leadership to help guide Qualys through the next few years of growth, as we see the demand for vulnerability management increasing even more dramatically.”

About Qualys

With more than 2,000 subscribers ranging from small businesses to multinational corporations, Qualys has become the leader in on demand vulnerability management and policy compliance. The company allows security managers to strengthen the security of their networks effectively, conduct automated security audits and ensure compliance with internal policies and external regulations. Qualys’ on demand technology offers customers significant economic advantages, requiring no capital outlay or infrastructure to deploy and manage. Its distributed scanning capabilities and unprecedented scalability make it ideal for large, distributed organisations. Hundreds of large companies have deployed Qualys on a global scale, including AXA, DuPont, Hershey Foods, ICI Ltd, Novartis, Sodexho, Standard Chartered Bank and many others. Qualys is headquartered in Redwood City, California, with European offices in France, Germany and the U.K., and Asian representatives in Japan, Singapore, Australia, Korea and the Republic of China. For more information, please visit www.qualys.com.


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Media Contact:
Tami Casey
Qualys
media@qualys.com