Spiceworks Named “Cool Vendor” by Leading Analyst Firm

AUSTIN, Texas – April 10, 2008 – Spiceworks™, Inc., the provider of the industry’s first free ad-supported IT management software, announced it was included in the list of “Cool Vendors” in the “Cool Vendors in IT Operations 2008” report by Gartner, Inc. The report, published on March 31, 2008, was written by Donna Scott, Milind Govekar, David Williams and Will Cappelli.

“Being recognized by Gartner as a ‘cool vendor’ is a great honor,” said Jay Hallberg, co-founder and vice president of Marketing for Spiceworks. “We specifically set out to create a powerful and useful IT management solution for the underserved SMB market. It’s exciting to see our application being rapidly adopted by users around the world.”

The Spiceworks IT Desktop is the industry’s first free IT management application and collaboration platform. Designed for SMBs with up to 250 employees, Spiceworks is currently used by more than 250,000 IT professionals in 194 countries around the world to manage their technology operations. The Spiceworks IT Desktop allows IT users to discover, inventory, monitor, track, report on, troubleshoot and repair the hardware and software running in their networks. It also provides a built-in help desk and a community of users that can collaborate with each other to solve pressing IT problems and share news and advice in their daily workflow. The free Spiceworks application platform is supported by displaying relevant, non-intrusive ads on topics that are useful to IT professionals.

More than 40 top advertisers – including HP, Intel, Rackspace, Microsoft, Brother, Symantec, McAfee, Netgear, Sony and TrendMicro – have experienced success with campaigns to the Spiceworks user community, which now supports networks with over 11 million devices and more than 7 million employees. For more information on Spiceworks, visit www.spiceworks.com.

About Gartner’s Cool Vendors Selection Process

Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.