AUSTIN, Texas - September 20, 2006 - StoredIQ, Inc. the leading provider of automated Information Classification and Management (ICM) solutions, today announced that St. Vincent Health has joined the company's growing customer list.

St. Vincent Health, a member of the Ascension Health Network, the nation's largest Catholic non-profit health system, purchased the software to identify unstructured content within files and emails located throughout the organization. The hospital is creating automated policy actions that correspond to a specific risk or compliance regulation and executing those policies to secure, retain or migrate information to the most appropriate location.

"This hospital system has a trusted reputation within the country as an Ascension Health Center of Excellence," said Karen Johnson, Regulatory Compliance Officer at St. Vincent Health. "We want to ensure that we retain that trust by proactively complying with all regulatory requirements as well as protecting the security of our patients' health information."

Initially, the software is being used to identify and protect electronic patient health information (ePHI), according to HIPAA security regulations. The organization also plans to use StoredIQ to enhance information security and retention policies by classifying all information - regardless of file type - in the appropriate security category.

"We are honored to have such a large, technologically advanced institution work with us to address their business needs," said Keith Zoellner, CTO and vice president of engineering at StoredIQ. "Working with St. Vincent Health gives StoredIQ access to an industry-leading health care institution which will allow us to expand on the business benefits that StoredIQ offers to all of our customers."

StoredIQ's extensible Enterprise Classification and Management Platform™ provides information management solutions that automate the discovery, classification, protection and storage of unmanaged business information in files and email. The solution's advanced concept-based discovery capabilities provide precise identification of files that have content deemed to require protection and management by the organization. This enables healthcare institutions, businesses and government agencies to find, understand and manage the vast amounts of unmanaged information created in documents, spreadsheets, presentations and emails that represent substantial legal risk and unnecessary storage costs.

StoredIQ ICM 5000™ provides out-of-the-box capabilities, including optional HIPAA, Financial Services and general business predefined file classifications, saving IT time, resources and consulting costs. It delivers a unique combination of content-aware intelligence, classification flexibility and action-based policies to enable a robust information lifecycle management (ILM) process so customers can quickly deploy and gain immediate value.

StoredIQ is a leading software provider of enterprise information classification and management (ICM) solutions for e-discovery, e-risk mitigation, and e-records management. Automated discovery, classification, protection, and policy actions allow organizations to meet legal requirements while reducing risk, storage and administrative costs. StoredIQ brings content and context-aware intelligence and action-based policies to the information lifecycle management (ILM) process so organizations can effectively understand and manage their internal information based on value and risk. The company was founded in 2001, is privately held and is located in Austin, Texas. For more information, visit www.storediq.com

The StoredIQ Information Classification and Management Platform and ICM5000 are trademarks of StoredIQ. All other product and company names may or may not be trademarks or registered trademarks of their respective owners.