2008-04-29 21:31:10 -

www.bluecatnetworks.com - BlueCat Networks David Martinek, +1 416-646-8415 dmartinek@bluecatnetworks.com or PAN Communications Erica Burns, +1 978-474-1900 eburns@pancomm.com BlueCat Networks, the IPAM Intelligence Company(TM), today announced that it has been named a finalist for the Red Herring Top 100 Award, recognizing the 100 most technologically innovative private companies in North America. This prestigious award follows on the heels of several other notable industry accolades BlueCat has received in the last twelve months.

Finalists were chosen by Red Herring's editorial staff after a rigorous evaluation of several hundred private companies. A careful analysis of financial data, quality of management, execution of strategy and dedication to research and development resulted in BlueCat's selection. BlueCat clearly demonstrated a superior product, top-notch management team

and its ability to execute on its long-term strategic vision for the IP Address Management industry.

"We are thrilled the editors at Red Herring magazine recognized the value and contribution BlueCat has made in the IPAM, DNS and DHCP space," said Michael Hyatt, CEO and co-founder, BlueCat Networks. "Our success over the last few years is attributed to attracting the brightest minds in the industry and bringing the most innovative products to market. We continue to push the IPAM envelope with a winning combination of outstanding management, industry-leading technology and exceptional client care."

"This year's list of impressive finalists demonstrates that North American companies continue to raise the bar and produce innovative technologies that benefit enterprises world-wide," said Joel Dreyfuss, Editor-in-Chief, Red Herring magazine. "The exceptional accomplishments of organizations such as BlueCat, are a testament to the capabilities of the technology sector in its ability to deliver enterprise class solutions as well as meet and exceed industry expectations."

Red Herring is gathering more than 300 CEOs, venture investors, government officials and senior corporate business development executives for its annual Red Herring North America conference on May 12-14 in San Jose, California. The chosen Top 100 private companies in North America will be announced at the event.

Other recent and notable industry accolades for BlueCat include:

- Network World's Clear Choice Award Winner for IP Address Management;

- Deloitte Fast 50 - Fastest-Growing Technology Companies;

- 2008 Hot Companies Finalist by Security Info Product Guide;

- CompTIA SoftwareCEO Enterprise Software Innovation Award Finalist.

Visit BlueCat at Interop Las Vegas (April 27 - May 2) in Booth # 2119 where they will be exhibiting the latest in IP Address Management solutions and attend a presentation by CTO and co-founder Richard Hyatt on "Intelligent IP Address Management".

BlueCat Networks' IPAM Leadership

BlueCat Networks offers true enterprise-class IP address management platforms in the form of proven, secure, reliable and scalable network appliances. The Proteus Enterprise IPAM Platform gives administrators a superior IP address management solution that integrates IP inventory tracking and allocation along with DNS and DHCP management. Administrators can now design networks with a simple conceptual view, then deploy and manage them across the entire organization. When managing DNS and DHCP, Proteus becomes "mission control", offering full command, control and customization of configurations from a centralized and secure web-based interface.

About Red Herring

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

About BlueCat Networks

BlueCat Networks, the IPAM Intelligence Company(TM), is a profitable and rapidly growing leading provider of enterprise-class IP Address Management (IPAM) platforms and secure DNS / DHCP network administration appliances. Today, thousands of BlueCat's award-winning Proteus(TM) IPAM platforms and Adonis(TM) family of DNS/DHCP appliances have been successfully deployed to meet the rising IP management demands of small-medium enterprises, government, military, financial services, retail and manufacturing organizations worldwide. Find out why more Fortune companies chose BlueCat solutions to gain complete, centralized Command and Control of their IP networks at www.bluecatnetworks.com.

Company recognized for Innovation and Leadership in IP Address
Management, DNS and DHCP Technologies