Baltimore Technologies Announces Management Change

BOSTON–(BUSINESS WIRE)–May 4, 2001–Baltimore Technologies (NASDAQ:BALT; London:BLM), a global leader in e-security, today announced that the Company has accepted the resignation of David Guyatt, founder and former CEO of Content Technologies. Since the acquisition of Content Technologies in October 2000, David has worked with senior management and has now decided to step down with immediate effect from the management team to pursue his own personal interests outside the Company.

Fran Rooney, Chief Executive Officer of Baltimore Technologies said, “The acquisition of Content Technologies last October gave Baltimore a leadership presence in the fast-growing content security market and enhanced its e-security offering through the addition of the MIMEsweeper product family. We now wish David every success in his personal endeavors.”

About Baltimore Technologies

Baltimore Technologies develops and markets security products and services to enable companies to develop trusted, secure systems for e-business, the Internet and mobile commerce. Its products include a wide range of Public Key Infrastructure (PKI) products and services, access and authorization management, content security (MIMEsweeper products), wireless e-security solutions, cryptographic toolkits, security applications and hardware cryptographic devices. Baltimore’s global professional services organization offers a wide variety of consulting, training and deployment support to its customers worldwide. Baltimore Technologies markets and sells its solutions worldwide directly and through the TrustedWorld(TM) partner program. Baltimore TrustedWorld includes many of the world’s leading technology companies and a wide variety of global, regional and local business alliance partners.

Baltimore Technologies employs over 1200 people worldwide and operates from over 38 cities, with headquarters in Dublin, Ireland; London, UK; Boston, USA and Sydney, Australia. Baltimore Technologies plc is a public company with dual listings on NASDAQ (BALT) and the London Stock Exchange (BLM). For further information on Baltimore Technologies, please visit www.baltimore.com.

Certain statements that are not historical facts including certain statements made over the course of this document may be forward-looking in nature. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the company to be materially different from any future results, performance or achievements implied by such forward-looking statements.




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