Predictive Systems and Infosec Corporation Create First Korea Security Information Sharing and Analysis Center

NEW YORK–(BUSINESS WIRE)–Feb. 15, 2001– Predictive Systems, a leading network infrastructure consulting firm, announced today that it has entered into an agreement with Infosec Corporation, a leading South Korean information security services provider, to create the Korea Security Information Sharing and Analysis Center (KS/ISAC) to facilitate the sharing of sensitive information about cyber attacks and security vulnerabilities that pose threats to Korean businesses.

As a participating bureau of the Worldwide ISAC (WW/ISAC), which was launched last year, the KS/ISAC provides a secure database, analytical tools, and information gathering and distribution facilities designed to allow authorized participants to submit either anonymous or attributed reports about information security threats, vulnerabilities, incidents, and solutions. KS/ISAC members also have access to information, and analyses, and reports in Korean, provided by other members and obtained by other sources such as law enforcement agencies, technology providers, and security associations. Finally, members are provided with trending, metrics, and benchmarking data that allows organizations to manage risk throughout their enterprises. Other ISAC bureaus are being planned to support the growing worldwide need for comprehensive threat analysis and early warning to businesses, for whom the Internet recognizes no international boundaries through a network of ISACs called @lertnet.

“As the number and type of information security threats continue to rise around the world, organizations are increasingly looking for information on security-related incidents and advice on how to protect themselves,” said Mr. Lee Sang Eun, CEO of Infosec.

“In just a few months, the WW/ISAC has proven to be a tremendously valuable resource for dozens of companies to band together to counteract impending cyber threats. We look forward to expanding the worldwide ISAC’s reach with bureau additions such as this,” said Greg Nicastro, senior VP, and general manager of Predictive Systems’ Global Integrity Managed Services division.

For information about membership in the WW/ISAC, which is also available on a subscription basis, contact the Predictive Systems ISAC team at 703-375-2305. For a copy of the latest Quarterly Security Trends Report, visit www.wwisac.com.

About Infosec Corporation

Infosec Corporation, an affiliate of Korea’s SK Group, is a leading Korean purveyor of a comprehensive collection of information security services and an established trusted security provider for ensuring a company’s continuous stability and development in today’s information society. In safeguarding a customer’s assets, Infosec does not stop at the mere supply of simple security devices but goes on to provide various services ranging from security consulting, and security systems integration to proactive managed security services. In short, Infosec’s goal is to provide customers with a one-stop total security solution and thus enabling them to concentrate on their core business.

About Predictive Systems

Predictive Systems, Inc. (NASDAQ: PRDS) is a leading network consulting firm focused on building fast, reliable, secure networks for service providers and global enterprises. The firm’s BusinessFirst(TM) approach maps technology solutions to business goals. Predictive Systems’ clients include Bear Stearns, BellSouth, Cisco Systems, Credit Suisse First Boston, First Union National Bank, WorldCom, Pfizer, and Qwest Communications. Predictive Systems recently acquired Global Integrity Corporation, a leading information security firm, as well as infrastructure management specialists Synet Service Corporation. Headquartered in New York City, Predictive Systems has regional offices throughout the United States. Internationally, it has offices in Germany, Japan, the Netherlands, and the UK.

For additional information, please contact Predictive Systems at 1-800-770-4958 or visit www.predictive.com.

Predictive Systems, the Predictive Systems logo, BusinessFirst, e-frastructure, e-readiness, e-xplain, and Global Integrity are trademarks or registered trademarks of Predictive Systems, Inc. All other brands or product names are trademarks or registered trademarks of their respective companies.

This press release contains statements of a forward-looking nature relating to future events or future financial results of Predictive Systems. Investors are cautioned that such statements are only predictions and that actual events or results may differ materially. In evaluating such statements, investors should specifically consider various factors that could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in Predictive Systems’ reports, Predictive Systems’ ability to maintain its position in the industry, and other documents filed from time to time with the Securities and Exchange Commission.

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