Altiris Recognized as a Red Herring Small Cap 100

The editors of Red Herring evaluated more than 2,500 technology companies from North America, Europe and the Asia-Pacific region for the award. The Red Herring Small Cap 100 were selected for their innovative technologies and smart business models that nurture growth and profitability.

Red Herring's Innovation Index, global perspective and provocative outlook on the technology landscape make this list a unique tool for technology and financial executives.

"The winners on this list are the most competitive, the most innovative, and the most promising technology companies in the small-cap segment. We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve," said Joel Dreyfuss, Editor-in-Chief of Red Herring magazine. Greg Butterfield, Altiris president and CEO, said, "Altiris has succeeded by delivering solutions that address two of today's most pressing information technology issues, security and cost escalation. It is good to have the hard work and success of our employees, partners and customers validated by the Red Herring Small Cap 100 selection.

To maintain this success, we will continue to listen to our customers and partners and are committed to providing the market with innovative IT management software." The award ceremony for the Small Cap 100 will be held during the Red Herring Fall 2005 conference, Dec. 13-15 in San Francisco. All award winners will be profiled in issue #47 of Red Herring magazine, on sale Dec. 12, which also contains Red Herring's Top 10 Trends for 2006. The full list can also be viewed at herringevents.com.

About Red Herring Events

Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists, entrepreneurs, and our own business intelligence team to share ideas and present our research-based discoveries. Participants explore the strategic shifts and disruptive impact that new technologies will have in key U.S. and international markets. Along the way, they will get a glimpse of the future. Additional information is available at http://www.redherring.com/events. About Altiris

Altiris, Inc. is a pioneer of IT lifecycle management software that allows IT organizations to easily manage, secure and service desktops, notebooks, thin clients, handhelds, industry-standard servers, and heterogeneous software including Windows, Linux and UNIX. Altiris automates and simplifies IT projects throughout the life of an asset to reduce the cost and complexity of management. Altiris client and mobile, server, security and IT asset management solutions natively integrate via a common Web-based console and repository. For more information, visit http://www.altiris.com. Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including statements regarding providing the market with innovative IT management software. These forward-looking statements involve certain risks and uncertainties that could cause actual results to materially differ from those in the forward-looking statements, including but not limited to, risks associated with delays or difficulties in developing products or bringing products to market, our inability to continue to meet the changing needs of customers in a rapidly changing IT market, our inaccurate assessment of market demand or IT technology trends, and such other risks as identified in our quarterly report on Form 10-Q for the period ended September 30, 2005, and from time to time in other reports filed by Altiris with the Securities and Exchange Commission. Altiris is a registered trademark of Altiris, Inc. in the U.S. and in other countries. The other company names or products mentioned are or may be trademarks of their respective owners.