Major Web Retailer Chooses CyberwallPLUS Host Intrusion Prevention

WALTHAM, Mass.–(BUSINESS WIRE)–June 7, 2001–Network-1 Security Solutions, Inc. (Nasdaq: NSSI), a technology leader in active intrusion prevention solutions for e-Business networks, announced today that its advanced host intrusion prevention solution for multi-layered network security, CyberwallPLUS-SV, was chosen by a major Web retailer to secure its Web servers. The retailer, which expects revenues well in excess of $300 million in 2001, is replacing a competitive host-based intrusion prevention solution that does not offer the same robust security capabilities as CyberwallPLUS.

CyberwallPLUS-SV is the latest generation of Network-1’s hybrid, host-based security products that integrates a wide range of security techniques to actively block intrusions. This unique network security solution combines the fine-grained access control and stateful packet inspection typically found only in high-end perimeter firewalls, along with flexible, software-based intrusion detection techniques. This combination provides the highest level of host-dedicated protection from Internet-based and internal user attacks. In this implementation, CyberwallPLUS-SV will be used to harden mission-critical Web servers and those servers residing in a DMZ (demilitarized zone) residing between the Web servers and the corporate network. A DMZ is a network security term that denotes the area between Internet-facing Web servers and the local area network (LAN) that can present an area of vulnerability when implemented without specialized protection like host intrusion prevention.

The customer said they chose CyberwallPLUS in order to lock down their servers to the highest degree possible. After an extensive evaluation, CyberwallPLUS was selected as the “best-in-class” host-based security solution to secure their servers.

“It’s exciting to see the implementation of CyberwallPLUS with a major Web-based marketer,” said Avi Fogel, President and CEO of Network-1 Security Solutions. “They chose us for the same reason we are popular with sensitive government sites — we are the best server protection solution for multi-layered network security.”

About Network-1 Security Solutions, Inc.

Network-1 Security Solutions, Inc. (NASDAQ: NSSI) is a technology leader in host intrusion prevention products that allow organizations to open up for e-Business. Host intrusion prevention combines the benefits of firewalls and host-based network intrusion detection allowing e-Businesses to scale the secure processing of incoming and outgoing traffic. In addition, host intrusion prevention protects critical data servers from abuses by those with “insider access” and enables the deployment of multiple layers of defense against breaches by outsiders. Additional details about the Company and its products are available at: http://www.network-1.com.

Certain of the above statements contained in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Actual results, events and circumstances (including future performance, results and trends) could differ materially from those set forth in such statements due to various factors, risks and uncertainties, including but not limited to, risks associated with the Company’s future growth and operating results, the uncertainty associated with obtaining sufficient financing, the uncertainty of market acceptance of the Company’s products, technological change, competitive factors and general economic conditions. Except as otherwise required to be disclosed in periodic reports required to be filed by companies registered under the Exchange Act by the rules of the Securities and Exchange Commission, the Company has no duty and undertakes no obligation to update such statements.

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