CEO Named Finalist in Enterpreneur of the Year Awards

June 5, 2009

Circadence Corporation CEO Michael J. Moniz Named Ernst & Young Entrepreneur Of The Year® 2009 Award Finalist in the Rocky Mountain Region

Boulder, CO June 5, 2009 – Circadence Corporation, the global leader in the development of innovative enterprise network performance technologies, announced today that its president and CEO, Michael J. Moniz, is a finalist for the Ernst & Young Entrepreneur of the Year® 2009 Award in the Rocky Mountain Region. According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Award winners will be announced at a special gala event on June 18, 2009 at the Grand Hyatt in downtown Denver.

"I am truly honored to be selected as a finalist for this award and recognize that the success of Circadence is a testament to not just me, but our solid management team and employees," said Moniz. "We built Circadence on the belief we could provide solutions for enterprise network performance issues in a fundamentally different and effective way. Recognition of this work truly validates all the company efforts."

Moniz has been the dynamic force behind the growth of Circadence since 1999. His guidance has brought the company from an online games simulator to enterprise network performance technology developer offering solutions that optimize the performance, management and health of enterprise networks. Circadence's products span the network spectrum from LAN and IP traffic monitoring, WAN performance and security, to central management of virtual and cloud computing environments. A diverse customer/partner base ranges from the DoD to Oracle, SAIC and Infonics. Circadence's 8,173% increase in revenues over the past five years resulted in the number one ranking in the 2008 Deloitte Technology Fast 50 for Colorado and the number 37 ranking in the Deloitte Fast 500.

The Ernst & Young Entrepreneur of the Year® awards program celebrates its 23rd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year awards are pleased to have the Ewing Marion Kauffman Foundation and SAP America as national sponsors.

In the Rocky Mountain Region, sponsors include Faegre & Benson, Clifton Gunderson LLP, LeGrand Hart, and the Denver Business Journal.

About Circadence

Circadence Corporation, founded in 1993 as VR-1, Inc., has its origins in the massive multi-user online simulations industry. Based in Boulder, Colorado, Circadence grew through several acquisitions, successful product launches and the formation of strategic partnerships including Microsoft, Deutsche Telekom, and Hewlett Packard. The Company's proven and patented Transport Morphing Protocol® (TMP), built into the Company's Web Assured Response Protocol (WARP) solution, provides WAN optimization through the efficient use of bandwidth, while providing additional data transport speed, reliability and consistency. Circadence's newest product line, Ascension™, offers universal management of physical and virtual machines within cloud computing environments for full enterprise management, performance and monitoring.

About About Ernst & Young's Entrepreneur Of The Year® Awards Program

Ernst & Young's Entrepreneur Of The Year® Award is the world's most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, the Ernst & Young Entrepreneur Of The Year® award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.