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Tableau President to Lead Dedicated Business Unit Focused on Forensic Software and Hardware

PASADENA, Calif., May 10, 2010 (BUSINESS WIRE) -- Guidance Software, Inc. (NASDAQ: GUID) today announced it has signed a definitive agreement to acquire substantially all of the assets of Tableau, LLC, a privately-held developer and manufacturer of computer forensic hardware. This acquisition extends Guidance Software's existing leadership in computer forensics technology by combining software with hardware for a complete forensic framework for the law enforcement, legal and corporate communities.

The purchase price for this transaction was $12.3 million in cash. The assets of Tableau include cash of $1.6 million. Guidance Software expects this transaction to increase previous revenue guidance by $3 million and be $0.03 accretive to its non-GAAP earnings per share in 2010. The acquisition closed May 7, 2010.

Guidance Software customers now have access to a family of data-acquisition products - tools to gather evidence and other data - including multiple "write blocker" products, forensic duplicators and other hardware. Write-blockers protect data while it is being collected during the computer forensic process, eliminating any risk of changing the data - especially useful in criminal cases and other legal investigations. Tableau has sold more than 100,000 write-blockers since the company's inception. Forensic duplicators provide an efficient and forensically sound way to copy data being used in a computer forensics investigation.

"Tableau is, by far, the leader in forensic hardware, and their products complement our industry-leading EnCase(R) Forensic software," said Victor Limongelli, president and chief executive officer, Guidance Software. "The acquisition serves our key strategic aim to strengthen our leadership position in the computer forensics market. Customers should benefit from a broadened product line addressing the complete forensic process, with improved interoperability and best-in-class performance."

Guidance Software also has created a forensic business unit, headed by former President of Tableau Robert Botchek. The business unit is dedicated to continuing Guidance Software's leadership in computer forensics by developing and delivering software and hardware products trusted by forensic, law enforcement, defense, and intelligence organizations worldwide.

"Forensic users want a vendor focused on their needs, and that's exactly what we will give them with the new forensic business unit," said Botchek, now senior vice president of Forensic Solutions at Guidance Software. "Our mission is simple: listen to users and apply our combined talents in software and hardware to tailor EnCase products for their needs."

In addition to the forensic business unit's focus on the needs of law enforcement and other computer forensics customers, Guidance Software will continue to invest in its EnCase(R) eDiscovery and EnCase(R) Cybersecurity products, as well as its EnCase(R) Enterprise platform, which is trusted by more than 800 customers. These product lines continue to be a major focus, and represent an important growth opportunity.

http://computer-forensics.sans.org/community/whitepapers.php

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