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mValent Integrity Named as Finalist for the
2007 MITX Technology Awards

Fourth Annual MITX What’s Next Forum & Technology Awards Recognize Outstanding Technology Advancements in New England Region

Burlington, Mass. – May 9, 2007 – mValent, Inc., a leading provider of automated IT configuration management solutions for managing application infrastructure, today announced that it has been named as a finalist for the 4th Annual MITX Technology Awards. The MITX What’s Next Forum & Technology Awards recognize innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving these advancements. The Massachusetts Innovation & Technology Exchange (MITX) is the region’s premier association for thought leadership, technology trends, business networking and professional training and development

mValent Integrity™ enables IT teams to understand and manage application infrastructure configurations and automate changes through reliable, repeatable and auditable processes. IT teams use mValent Integrity to capture the current state of configuration settings for IT assets, monitor them for authorized and unauthorized changes, and automate processes for provisioning changes and setting up new environments throughout the application lifecycle – from development, testing and through production.

 “mValent is committed to simplifying the management of today’s complex application infrastructure environments by providing IT with a dynamic, repeatable, process-driven approach to configuration, change and release management that enables smooth delivery and support of business applications,” said Joe Forgione, mValent’s President and CEO. “The fact that we are named as a MITX finalist is a testament to this commitment and our ability to significantly improve the manageability of large enterprise IT infrastructures.”

“The regional economy is showing real strength, and it’s in no small part due to the resurgence in the technology sector and the innovation that fuels so much of the growth,” said Kiki Mills, Executive Director of MITX. “The MITX Technology Awards are a wonderful opportunity to recognize the companies that are leading the way and to celebrate their accomplishments and that of the entire technology community.”

mValent will be recognized with the other finalists in the category of IT Operationsat an awards ceremony attended by the region’s top technology and business professionals. Winners will be announced at the ceremony at the Four Seasons Hotel in Boston on Tuesday, June 5, 2007. This year’s keynote speaker and special honoree is Tim Berners-Lee, Director of the World Wide Web Consortium.

The ceremony is preceded by the What’s Next Forum. The topic, What’s Next for The Device Web –Emerging User Experiences, will be a forward-looking discussion about the exciting new world is coming the consumer's way that will provide them with a range of new, very rich experiences.

The MITX What’s Next Forum & Technology Awards are sponsored by Backbone Media, Lewis PR, Microsoft, Oracle, and Technology Review.

About mValent, Inc.
mValent tackles IT complexity and compliance with automation software that eliminates configuration management chaos in application infrastructure. The company’s flagship product, mValent Integrity, automates application configuration management and is used by leading organizations to manage the build and maintenance of complex application configurations throughout their entire lifecycle – from development to production. mValent Integrity customers include leading companies such as State Street Bank, National Grid, Alltel and WorldWinner. The company is headquartered in Burlington, Massachusetts and is backed by top-tier venture capital firms, including Charles River Ventures, IDG Ventures and Polaris Venture Partners. 

About MITX
Established in 1996, MITX—the Massachusetts Innovation & Technology Exchange (MITX: “my-techs”) is the industry and professional organization where technology, marketing and digital media intersect. Reaching more than 6,000 professionals in New England, MITX is a dynamic and growing community for thought leadership, building business relationships and professional training and development. Members of the MITX community take advantage of events, sponsorships, speaking opportunities and networking to make meaningful business connections and exchange innovative leadership, management and technical ideas. With more than 60 events each year, MITX provides its members with the opportunity to promote their companies to targeted audiences. MITX events also provide a valuable forum for networking to source potential business leads, partnerships, ideas, funding and other likeminded peers in the industry. MITX is headquartered in Cambridge. For more information please go to www.mitx.org.

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Media Contact

Beth Winkowski
Winkowski Public Relations
P: 978-649-7189
E-mail:
pr@mvalent.com

Jim Hickey
Chief Marketing Officer
mValent, Inc.
P: 781-314-8001 x2112
E-mail:
jhickey@mvalent.com