For Immediate Release

Ambeo Continues Profitability and Customer Growth in 2004
New Innovations Answer Urgent Business Need for Compliance with Sarbanes-Oxley, HIPAA, More

Colorado Springs, CO – February 22, 2005

Ambeo, an industry leader in database auditing solutions, announced today year-end highlights that make 2004 one of its strongest years in company history, with the signing of new major customers and introduction of new industry-leading solutions. The company also extended its record of continued profitability and reinvested in its operations, including a doubling of its sales force.

For fiscal year ending December 31, Ambeo won the confidence and business of more than 35 new and returning Fortune 500 and enterprise customers, including Intermountain Health Care, Medica, Omega Bank, Aera Energy, University of Texas MD Anderson Cancer Center, Baylor Health Care, 7-Eleven and many of the largest financial institutions, retailers, pharmaceutical and telecommunications companies in the world. These leading companies help Ambeo solidify its leadership position as well as provide proof of the ongoing value customers receive from Ambeo’s outstanding products and technical support.

For the last eight years, Ambeo has provided database auditing solutions for data usage management, database performance and user access monitoring to Fortune 1000 companies with some of the largest database environments in the world. In today's regulatory climate, the need to audit data usage and ensure data privacy is even more mission-critical with the increasing emphasis on regulatory compliance and proof of internal controls required by HIPAA, Sarbanes-Oxley, Gramm-Leach-Bliley and other legislation.

In 2004, Ambeo responded directly to the need for stronger access tracking and auditing with its new database access auditing solution for regulatory compliance -- providing an essential audit trail to proactively protect the data environment, make sure security safeguards are working, and decrease the risk of unauthorized data access.

Dan Mertz, MIS Director for Omega Financial Corporation similarly attests to the unique effectiveness of Ambeo's solutions. "The liability from not monitoring and protecting your corporate data is staggering. Nearly everything that matters to your company -- not just financial data but also HR, customer, ERP data and so on -- lives in and flows from your databases. With Ambeo, we can track and manage that flow -- for legal and compliance reasons and as a fundamental way to optimize our business."

In 2004, Ambeo also unveiled the third-generation of its NetServer™, a network appliance with True Zero Overhead™. NetServer™ reaches across the customer's data environment to provide a complete real-time view of corporate data usage -- simultaneously monitoring otherwise unconnected enterprise databases. The company also extended its Privacy and Performance Management suite, becoming the first database auditing solution available for Sybase IQ.

Ambeo's expanding partner ecosystem offers customers better protection and leverage of their investments, since the ability to gather information usually distributed across diverse types of databases, data warehouses, transaction and departmental databases is critical to data performance and security. Ambeo enables companies to move beyond monitoring and proactively manage the entire data environment, supporting the broadest range of databases in the industry, including: Oracle, DB2/UDB, Teradata, MS SQL Server, Informix and Sybase ASE and Sybase IQ on HP, IBM, Sun and NCR platforms.

"By closing out 2004 on a high note, we are kicking off the new fiscal year with even greater optimism and enthusiasm," said Ken Richardson, president and chief technology officer of Ambeo. "Our innovations launched last year, our fast-growing customer base, as well as our aggressive business and product strategies position us perfectly to sustain our growth in the right direction. Our positive momentum sets the stage for more exciting announcements from Ambeo this year."


About Ambeo
Since 1997, Ambeo's solutions have provided database auditing, user access monitoring and data usage management to Fortune 1000 companies with some of the largest database environments in the world. Ambeo's True Zero Overhead™ solutions provide information about how users actually interact with data. Using this information, Compliance, Security and IT management gain the visibility and understanding required to confirm regulatory compliance, protect data privacy, reduce risk of unauthorized data access, proactively manage data environments, maximize database investments, improve performance and assure end-user satisfaction.


© 2005 Ambeo. All rights reserved. Ambeo™, NetServer™ and True Zero Overhead™ are trademarks of Ambeo. All other trademarks are the property of their respective owners.


For more information contact:
Deborah Henken
Highland Team
Phone: 650-224-9295
Email: dhenken@highlandteam.com

 
     
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