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Xceedium Appoints David Ballard as Vice President of Sales

Industry Veteran Chosen for Extensive Track Record of Growing Revenue and Building New Lines of Business

Jersey City, NJ – April 12, 2008 – Xceedium, the premier provider of solutions that cost-effectively and unobtrusively automate and validate controls for high-risk privileged and external users, today announced the appointment of David Ballard as vice president of sales. At Xceedium, David will apply his 20 years of sales management experience to build on current lines of business, identify new revenue growth opportunities and expand into the channel.

David joins Xceedium from IntraLinks, Inc., where as area vice president he was instrumental in achieving triple-digit revenue growth for 2007, while developing a sales team and increasing service penetration within major global accounts such as Deutsche Bank, Merrill Lynch and Morgan Stanley. Prior to IntraLinks, David served as area vice president for CommVault. While in this role, he averaged 60 percent license revenue growth year over year between 2003 and 2006, and closed significant deals with companies including Honda, Aramark, CBS Broadcasting and ESPN. While leading strategic OEM initiatives for Veritas Software, David was part of OEM licensing wins with IT giants such as IBM, Compaq and Sun, and grew the NetBackup for Windows revenue from $745K to $5.4M while managing that product.

"David comes to Xceedium with a commanding track record that speaks volumes of his ability to drive key opportunities and fuel corporate growth," said Cheryl Traverse, CEO at Xceedium. "With his well-established potential to deliver targeted results and long-standing relationships within the industry, he is in a great position to make a strong and immediate contribution to our success. We are very fortunate to welcome David Ballard as a member of the Xceedium executive team."

About Xceedium Inc.
Xceedium is a premier provider of solutions that cost-effectively and unobtrusively automate and validate controls for high-risk privileged and external users. This user group consists of system, network and database administrators who are highly skilled, use powerful access tools to do their jobs, work across the distributed heterogeneous infrastructure and have the greatest opportunity to cause real harm. The Xceedium GateKeeper™, its flagship product, provides unique technology that restricts users to authorized areas; compartmentalizes and contains these users; monitors, logs and tracks all activities; and provides an easy way to deliver reports to test controls for compliance. Large Fortune 500 and government clients rely on the Xceedium GateKeeper to balance IT audit and compliance requirements with the need for operational efficiency. The product supports PCI DSS, SOX, HIPAA and other regulations. The Xceedium GateKeeper is Citrix Ready and has achieved Common Criteria EAL-3, FIPS 140-2, Level 2 and JITC PKI/CAC certifications. Xceedium is headquartered in Jersey City, N.J. For more information, visit www.xceedium.com

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Media Contact:
Claire Barton
Nadel Phelan, Inc.
831-440-2406
claire@nadelphelan.com

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