Tripwire CEO Recognized as Oregon Technology Executive of the Year

Portland, OR - Feb 5, 2010 - Tripwire®, the leading global provider of IT security and compliance automation solutions, announced today that its president and CEO has been selected by the Oregon Council of TechAmerica as the 2010 Technology Executive of the Year. Jim B. Johnson was chosen as this year’s award recipient recognizing his contributions as having the biggest positive impact in the technology industry and the greater Oregon and SW Washington community. Johnson joins an elite group of technology professionals bestowed with this prestigious honor highlighting his years of commitment and service to the technology community. Since Johnson moved into the CEO role at Tripwire five years ago, the company has continued to grow in revenue, bookings, employee headcount and customer base. In spite of the economic downturn and decrease in overall IT spending in 2009, Tripwire experienced steady growth as companies sought to improve their processes to ensure security and achieve continuous compliance. Johnson’s ability to lead Tripwire with his unique sense of determination, tenaciousness and accountability has turned Tripwire into a profitable organization that continues to break its own profitably records quarter after quarter.

Bucking the trend of many technology companies, Tripwire posted strong first quarter results this year, with the company enjoying a 20 percent growth rate over the previous year, and in January announced the introduction of a new product line, Tripwire Log Center. Tripwire revenue grew 19 percent year-over-year, with bookings growing 14 percent in the same time period.

The company also continues to be recognized for its commitment to its staff and the environment, with Oregon Business Magazine honoring the company as one of Oregon’s "100 Best Places to Work" and one of the state’s "100 Best Green Companies." Following Johnson’s lead in community work, Tripwire employees have impacted the community though a combination of donated goods, money, and volunteer time. In 2007 their community work was recognized by Oregon Monthly magazine’s annual Light a Fire Award.

Johnson actively contributes to the technology industry and greater Oregon community through his work with high-tech and business leaders, legislative leaders and the Oregon University System to educate Oregonians on the long-term economic benefits of investing in Oregon’s universities. Among his top priorities is ensuring the success of Oregon’s first Signature Research Center, Oregon Nanoscience and Microtechnology Institute (ONAMI), a joint collaboration between several Oregon University System campuses. The center is led by Oregon State University (OSU), University of Oregon (UO), and private sector organizations including Hewlett Packard and the Pacific Northwest National Labs (PNNL). Johnson is also a founding partner and board member of Social Venture Partners Portland (SVPP), a non-profit organization where he is a founding partner and board member. The organization focuses on developing philanthropy and volunteerism to achieve positive social change within the community.

"I am humbled to be honored with such a prestigious nomination," said Johnson. "Even during a difficult economic period, Tripwire has made great strides moving us into the future and I credit everyone in this organization for Tripwire’s success. I feel very fortunate that I am able to come to work with such a distinguished and innovative team every day."

The Oregon Technology Executive of the Year Award is chosen by a selection committee comprised of the program’s previous Technology Executive of the Year and Lifetime Achievement Award recipients. Nominations are generated by the committee and from the technology community at large.

About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry, which is the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,500 member companies of all sizes from the public and commercial sectors of the economy, it is the industry’s largest advocacy organization and is dedicated to helping members’ top and bottom lines. It is also the technology industry’s only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). TechAmerica was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA). Learn more at www.techamerica.org.