SecureWorks and LURHQ Merge

Combined company to deliver award-winning, defense-in-depth managed security services


ATLANTA, GA and CHICAGO, IL---September 20, 2006. SecureWorks and LURHQ, both leaders in the Managed Information Security Services market, have merged to form the new SecureWorks, the industry’s leading, pure-play Managed Security Services Provider (MSSP). SecureWorks is now managing 1,500 clients and 5,000 security devices worldwide.

SecureWorks has established itself as the experts in detecting and preventing external Internet attacks. SecureWorks has an award-winning intrusion prevention service, a full suite of defense-in-depth solutions, and a team of highly skilled security professionals, including regulatory experts who can consult with organizations to improve their compliance and security posture. The company has been delivering rock-solid security to commercial companies since 1999. LURHQ is the leader in identifying and managing internal threats and has been providing its award-winning Security Information and Event Monitoring (SIEM) service to the enterprise since 1996. Combined, the two companies can leverage unparalleled threat visibility to identify and prevent security events throughout the enterprise. These services can be provided in a co-managed model through transparent analysis, reporting and ticketing or as a fully managed security solution - or anything in between.

“This merger gives us the rare opportunity to create a Managed Security Services organization that is nothing short of excellent,” said Mike Cote, president and CEO of SecureWorks. “It brings together two client-focused security providers that have consistently exceeded expectations and have led the market in client satisfaction. The combination of strong client service, award winning Managed Security Services (MSS) and Intrusion Prevention Services (IPS), and experienced security professionals position SecureWorks as the premiere provider of MSS to any size organization, from multi-national Fortune 500 companies to local financial institutions.”

“This partnership is a win-win for everyone: our clients, employees and the security industry,” said Tony Prince, founder and CEO of LURHQ. “There is true synergy between the two companies, both from a business perspective and from a cultural perspective. LURHQ and SecureWorks value their clients and employees above everything. Our dedication to client service, while providing the very best in Information Security is what sets LURHQ and SecureWorks apart from our competitors and what makes us such a perfect team. By merging our two companies, we can greatly expand the breadth and depth of our services and that of our research teams. By combining our threat data and analysis capabilities, our larger research team will have a broader detection network and, as a result, more data from which to identify threats and develop countermeasures.”

Mike Cote, president and CEO of SecureWorks, will serve as President and CEO of the combined companies, while LURHQ founder and CEO Tony Prince will be Executive Vice President. Prince will be responsible for guiding strategy for the combined company. The remaining leadership positions in the company will be filled with a blend of LURHQ and SecureWorks executives. This veteran team of MSS executives has extensive experience leading two of the fastest-growing MSSPs in the industry.

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