eGestalt Named a 2011 CRN Emerging Technology Vendor

Santa Clara, CA, October 25, 2011 --(PR.com)-- eGestalt Technologies ( http://www.eGestalt.com ), a leading provider of cloud-based, SaaS-delivered, security and information technology governance, risk management and compliance solutions for SMBs to enterprises, today announced it has been selected by Everything Channel as a 2011 CRN Emerging Technology Vendor. The annual list features the most innovative vendors who not only deliver technology that is easy to use, but can generate the high margins solution providers require.

Channel partners need no more incentive than the $40,000 in "meaningful use" government funds being granted to individual doctor’s offices that install electronic medical records (EMR) that are fully in compliance with HIPAA/HITECH privacy and security rules.

"Large hospitals are eligible for up to $2 million in federal grants," said eGestalt President Anupam Sahai. "Not only must every physician practice abide by HIPAA rules, but all their business associates too must fall in compliance. There are a few million BAs who need to be serviced. So from one hub comes many spokes of potential business for partners jumping on board with SecureGRC."

Built from the ground up for channel partners, SecureGRC (http://www.egestalt.com ) is a cloud-based, SaaS-delivered, $750 per year security and risk assessment, auditing and remediation application. The tool offers peace of mind to channel partners servicing SMBs to large enterprises, including medical providers and their business associates, retailers and merchants that must meet PCI and HIPAA/HITECH requirements.

With version 11 recently released, SecureGRC consolidates all security and compliance-related evidence into a single and centralized repository. It comes stacked with pre-packaged content such as policies that are continuously updated, a trove of best practices, and plenty of assessment questions that make it an easy step-by-step process to run the assessment and prove compliance.

Thanks to the fine print in HIPAA/HITECH legislation, MSPs have a tremendous gold mine of an opportunity to reap big rewards, revenues, and bundling opportunities. The cost of doing a security assessment and PCI compliance can run $100,000 and above.

"Using SecureGRC’saward-winning,patent pending technology, delivered through channel partners, our customers are able to become compliant at 1/10 the cost with very little maintenance.This promises to be a huge boon for the channel," addedSahai. "And you don’t need to be conversant with the fine print of these PCI and HIPAA/HITECH regulations."

SecureGRC also offers an automated PCI-DSS compliance management solution that helps meet PCI-DSS requirements in terms ofbuilding and maintaining a secure network; protecting card holder data; maintaining a vulnerability management program; implementing strong access control measures; regularly monitoring and testing networks, and maintaining robust IT security policies. For more information visit: http://www.egestalt.com/automated-pci-compliance-management.html

Channel partners authorized by eGestalt can become Managed Compliance Providers (MCPs), a channel program based around a proprietary "cookbook" that explains in step-by-step fashion on how to get started with delivering managed compliance services through creation of collateral, training, implementation, delivery and on-going playbooks as the business is up and running.

The Federal government has set aside $20 billion for upgrading the healthcare IT infrastructure by the year 2014 - spelling a huge upside for the channel. Service providers can pursue federal "meaningful use" dollars to the tune of $40,000 per qualified physician practice. SecureGRC generates the necessary reports for proving compliance.

"By law, all business associates and sub-contractors affiliated with the given medical practice must follow HIPAA/HITECH compliance rules or face stiff penalties. It could not be more convincing a sale. Like spokes from a wheel, from one customer hub derives multiple new clients to service," said Jim Hare, eGestaltVice President of Sales.

eGestalt is looking for qualified channel partners who want to help their clients solve and automate the complexities and high costs associated with maintaining and enforcing security and compliance around PCI, SOX, HIPAA/HITECH, ISO, GLBA and other mandatory government and industry regulations that affect most business operations.

For further details please call (408) 689-2586 or email sales@egestalt.com. For further details about the product, please visit http://www.egestalt.com/msp-mssp-partners.html.

The vendors that make up the CRN Emerging Technology Vendor list were founded in 2005 or later, have revenue under $1 billion and have an active U.S. channel strategy. Final selection to the Emerging Technology Vendor list was made by the CRN editorial team after a review of submitted information. To view a sample of the list and read the editorial accompaniment visit http://www.ubmchannel.com.

About eGestalt Technologies Inc:
eGestalt (www.egestalt.com) is a world-class, innovation driven, leading provider of cloud-computing based enterprise solutions for information security and IT-GRC management. eGestalt is headquartered in Santa Clara, CA, and has offices in the US, Asia-Pacific and Middle East. eGestalt was nominated Breakthrough Technology Vendor at XChange Americas, Aug. 2010, and selected by SiliconIndia among the "Top 10 Security Companies to Watch." Its SecureGRC application was voted runner-up in the Managed Services Category at XChange Tech Innovators, Nov. 2010. And in Feb. 2011 eGestalt VP of Worldwide Sales Jim Hare was been named a Channel Chief by Everything Channel’s CRN.

Press Contact:
Victor Cruz
Principal, MediaPR.net
For eGestalt Technologies
vcruz@mediapr.net

Scott Regan
Everything Channel
scott.regan@ec.ubm.com
508.416.1186

Press & Media Contact:
Victor Cruz, Principal
MediaPR.net, Inc
For eGestalt Technologies
Santa Clara, CA
(978) 594-4134
vcruz@mediapr.net
http://www.egestalt.com

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