Splunk Closes Record Quarter; Adds 110 New Customers

Value of IT Search Translates to Chart Topping Q1 '09 and Accelerated Path to Profitability

SAN FRANCISCO – April 6, 2009 – Splunk, the IT Search company, today announced breakthrough results for its first quarter, ending March 31, 2009. The record-setting quarter witnessed a year-over-year growth rate of over 100 percent and the best quarter in company history. In combination with this explosive growth, the company announced 110 new customers in Q1 2009, increasing the customer count to 989 enterprise, service provider and government customers using Splunk IT Search to better troubleshoot outages, investigate security incidents and drive compliance.

Company growth was distributed across all geographies (North America, EMEA, APAC) and market sectors, including prominent new customers such as Swisscom, Telenor and Fast Web (EMEA - Telecommunications), Adobe (North America – Global Software), Discovery Communications (North America – Media), IG Index (EMEA – Entertainment), Match.com (North America – Online Services), NeuStar (North America – Global Communications and Internet Services), and NTT Data (the top system integration company in Japan).

Accomplishments during the first quarter also included further expansion in Asia highlighted by the addition of two leading Japanese resellers: NTT Data and Macnica Networks. Splunk expanded operations in South America as well with the addition of reseller Virtus (Brazil). In other achievements, Splunk was selected as a finalist in the SC Magazine Awards in the category for "Best Integrated Security Solution" and was named the "2008 Systems Management Product of the Year" by a team of users, industry experts, analysts, consultants and the editorial staff from TechTarget's SearchDataCenter.com.

During the quarter Splunk also made a number of strategic steps to better align resources with long-term business goals and help achieve its 2009 profitability target. These changes include streamlining the management structure and eliminating approximately 15 positions across the company. "Achieving a year-over-year quarterly growth of over 100 percent is testament to the powerful pay-back our customers achieve using our innovative IT Search technology," said Godfrey Sullivan, president and CEO of Splunk. "The changes we recently made in our organization will enable us to both expand our global salesforce and better ensure that despite the macroeconomic environment we achieve our goal of being profitable this year."

This blockbuster quarter's achievements included the launch of the Splunk Powered Associate Program, with inaugural program members Apani, F5 Networks, PlaSec, Radware and RightScale. This new program allows Splunk partners to offer the free license of Splunk as a download from their websites, embedded in their software or hardware product, or served within a managed services infrastructure. In other partner news, security consulting company, GlassHouse Technologies, also became a Splunk partner.

Key Q1 Accomplishments:

• Best quarter in company history (+100% vs. Q1 '08)
• Added 110 new customers (989 total customers)
• 46 customer expansions (+60% vs. Q1 2008)
• Announced Splunk Powered Associates program: Apani, F5 Networks, PlaSec, Radware, RightScale
• Winner 2008 Systems Management Product of the Year Award
• Finalist SC Magazine Awards: Best Integrated Security Solution- EMEA
• Added three regional resellers: NTT Data, Macnica Networks (Japan), Virtus (Brazil)
• 31 customers in the Fortune 100

About Splunk

Splunk^® Inc. provides the engine for machine data™. Splunk software collects, indexes and harnesses the massive machine data continuously generated by the websites, applications, servers, networks and mobile devices that power business. Splunk software enables organizations to monitor, search, analyze, visualize and act on massive streams of real-time and historical machine data. More than 3,300 enterprises, universities, government agencies and service providers in more than 75 countries use Splunk Enterprise to gain operational intelligence that deepens business understanding, improves service and uptime, reduces cost and mitigates cybersecurity risk. To learn more, please visit www.splunk.com/company.

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