BlueCat Networks’ CTO and Co-Founder, Richard Hyatt, honored with technology industry’s 2008 Most Valuable Performers award by Network Products Guide

BlueCat also named 2009 Hot Companies Finalist

Toronto, Ontario – December 9, 2008 – BlueCat Networks, the IPAM Intelligence Company™, today announced that Network Products Guide has honored Richard Hyatt, CTO and Co-Founder of BlueCat Networks with the information technology industry’s 2008 MVP award. This prestigious industry award recognizes senior executives from around the world with the essential characteristics of leaders that are the most valuable performers.

“This award is quite an accomplishment when you consider that Richard is being honored alongside the President of Cisco Asia Pacific, General Manager of IBM System Z and Chairman of the Board & CEO of Google,” said Michael Hyatt, CEO & Co-founder, BlueCat Networks. “We are proud to add this award to a long list of achievements in 2008, including being named to the Red Herring 100 North America, which honors the top 100 privately-held technology companies; and being ranked among the Deloitte Technology Fast 50, which recognizes the 50 fastest growing tech companies in Canada.”

Network Products Guide 2008 MVP leaders have a clear vision and mission, have set measureable goals and objectives for themselves, are selfless and mentors to others, and most importantly demonstrate respect and trust for their staff, employees and the high-technology industry.

As the driving technical force behind BlueCat’s innovative technology, Richard Hyatt has revolutionized the way companies worldwide manage their DNS, DHCP and IP addresses. Hyatt has applied his extensive expertise in multiple programming languages, system design and application targeting for multiple operating systems to the BlueCat portfolio of products.

“The new economy leaders are essentially those that are adapting best in the current economic environment and will emerge with higher standards,” said Rake Narang, editor-n-chief, Network Products Guide. “We are proud to honor Richard Hyatt with this year’s 2008 Most Valuable Performers award and acknowledge his positive contribution to the industry.”

BlueCat has also been named a 2009 Hot Companies finalist by Network Products Guide. Selected from a global industry analysis of information technology vendors which included established large companies, mid-size and new start-ups, BlueCat Networks has advanced to the finalists stage based on the “4Ps” selection criteria—namely Products, People, Performance, and Potential. The coveted 2009 Hot Companies analysis encompasses companies in all areas of information technologies including security, wireless, storage, networking, software and communications.

The “Hot Companies” 2009 evaluation process assessed candidates for entrepreneurial spirit, seasoned executives with relevant experience, clear understanding of the segment of IT market they are currently active and plan to stay active in, products and solutions that are positioned to take advantage of the emerging market opportunities, well developed revenue-growth model and clearly planned expansion strategies. Companies that are honored with the “Hot Companies” recognition raise the bar higher for their competitors and achieve the highest customer satisfaction.

“We are delighted that our company has reached the 2009 Hot Company Finalist stage,” said Michael Hyatt, CEO & Co-founder, BlueCat Networks. “This further validates our position as a company poised to successfully overcome all IP address management (IPAM) and DNS/DHCP network administration issues faced by organizations today,” Hyatt continued. “We are proud of this accomplishment and will be presenting at the 2009 World Executive Alliance Summit to win the 2009 Hot Companies award.”

The 2009 Hot Companies winners will be announced and honored at the 2009 “World Executive Alliance Summit” in San Francisco, California, USA on March 26-27, 2009. BlueCat Networks will be amongst the other key industry players at this event. The CEOs of finalists will be presenting their company’s 4Ps criteria live to an audience of leading entrepreneurs, IT companies, venture capitalists, corporate strategists and media. To see the complete list of finalists please visit http://www.networkproductsguide.com/hotcompanies/.

About Network Products Guide Awards

Network Products Guide, published from the heart of Silicon Valley, is a leading provider of products, technologies and vendor related research and analysis. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com.

About BlueCat Networks

BlueCat Networks, the IPAM Intelligence Company™, is a profitable, 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™ IPAM platforms and Adonis™ family of DNS/DHCP appliances have been successfully deployed to meet the rising IP management demands of government, military, financial services, retail and manufacturing organizations worldwide. Find out why more Fortune companies choose BlueCat solutions to gain complete, centralized Command and Control of their IP networks at www.bluecatnetworks.com.

©2009. BlueCat Networks, the BlueCat Networks logo, Proteus Enterprise IPAM Appliance, Proteus Enterprise IPAM Platform, Proteus IPAM Virtual Appliances, the Proteus logo, Adonis DNS/DHCP Server, Adonis DNS/DHCP Virtual Appliance, the Adonis logo, XHA, IPAM Intelligence, and IPAM, DNS & DHCP Go Virtual are trademarks of BlueCat Networks, Inc. Microsoft, Windows, and Active Directory are registered trademarks of Microsoft Corporation. Any product photos shown are for reference only and are subject to change without notice. All other product and company names are trademarks or registered trademarks of their respective holders.