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Qualys Appoints Mike Stevens as Vice President of Sales

Seasoned Sales Executive Joins Market Leader in Security Auditing and Vulnerability Management

Redwood City, CA - Boston, MA — June 17, 2003 — Qualys™, Inc., the market leader of on-demand security audits and vulnerability management, today announced the appointment of Mike Stevens as Vice President of Sales for the Americas and Asia Pacific. Stevens comes to Qualys with more than 20 years of sales experience in the technology industry with a strong focus on the Fortune 1000 enterprise market. He will be charged with further developing and expanding Qualys' growing customer base and will report directly to Philippe Courtot, chairman and CEO of Qualys.

In the last six months, Qualys has added more than 400 subscribers to its fast-growing automated security auditing service, bringing its customer base to a milestone of over 1,000 global subscribers. That number continues to grow as increased corporate security concerns and regulatory pressures prompt more frequent security audits. Stevens will continue to build on the success of Qualys' sales organization with his broad base of sales experience at both start-up and more established sales operations

"Qualys has very quickly proven the success of the automated, web service model for security auditing," said Stevens. "As pressures on the enterprise continue to intensify, the opportunities for this market are unlimited. I am excited to be a part of this continued growth and expansion and look forward to helping take the company to the next level in this market."

Prior to joining Qualys, Stevens worked with Caw Networks, a Silicon Valley start-up delivering an appliance-based solution for testing web applications, network equipment and infrastructure. Stevens led the company's initial sales launch, growing the business from zero to 200 customers worldwide in less than two years. Previously, as Vice President of Sales for Software AG, USA, he was responsible for the company's initial direct sales launch of XML-based software solutions into the U.S. Fortune 1000 market. Stevens was also a key player in the sales management team at Auspex Systems, their successful launch into the Storage market, an eventual IPO and over $200M in revenue. Stevens has held other sales and management positions with Oracle, Network Systems and Boeing Computer Systems.

"Mike brings to Qualys a new level of sales leadership and experience in the enterprise market," said Philippe Courtot, Chairman and CEO of Qualys. "He will be a key member of the management team that will guide Qualys' continued growth in an era where, more than ever, security auditing and vulnerability management are crucial to the success of private and public sector organizations. We look forward to his leadership in helping Qualys reach new heights."

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.

Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.

For media inquiries or to find the appropriate spokesperson

Contact: Megan Lamb
Merritt Group
703-390-1535

For all other matters

Contact: pr@qualys.com

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