Surgient Honored by Red Herring as One of Top 100 Private Technology Companies in North America

Red Herring North America 100 Award Latest Example of Company’s Leadership Position in Virtualization Market

AUSTIN, Texas — May 19, 2008 — Surgient, the leading provider of virtual lab management software used to automate and manage the dynamic data center, today announced that Red Herring magazine has honored the company as one of the top 100 private technology companies in North America. Red Herring judges selected Surgient for the 2008 Red Herring 100 North America award after considering more than 800 companies and following a careful review of Surgient’s business model, management, key alliances, customers, products and services.

Red Herring’s annual lists of top private companies are an important part of the company’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

“We have experienced tremendous success in terms of the adoption of our products and growing revenues, but awards such as the Red Herring 100 demonstrate how we are delivering true business value to our customers,” said Tim Lucas, president and CEO of Surgient. “This validation clearly shows our leadership within the virtualization market and highlights how our products provide strategic benefits across many aspects of IT operations.”

About Surgient

A pioneer in virtualization, Surgient is the leading provider of virtual lab management software used to automate and manage the dynamic data center, enabling IT to more quickly respond to changing business needs. Surgient's platform and solutions centralize preproduction infrastructure and automate the deployment, configuration and teardown of complex enterprise software environments. Surgient virtual labs have delivered more than 1,000,000 applications, enabling companies such as CA, Dell, EMC, GE Healthcare, HP, IBM, Merck, Microsoft, Raymond James Financial, SAP and Target Corporation to enable IT to better align with business priorities, reduce operating costs, increase productivity and dramatically accelerate software delivery. Surgient partners with leading technology companies including VMware, Microsoft, Citrix, HP, Platespin, Saba and Cisco/WebEx. Surgient is a private, venture-backed company based in Austin, Texas. For more information visit www.surgient.com.

Media Contacts:

Keith Giannini,
Schwartz Communications
781-684-0770
surgient@schwartz-pr.com