Cyberguard Expands Presence In Northern Europe, Signs Distribution Agreement With Major European Partner

Ft. Lauderdale, Fla., London, UK, and Copenhagen, DK (October 15, 2002) – CyberGuard Corporation (AMEX: CFW), the technology leader in network security, and EuroTrust A/S (Nasdaq: EURO) today jointly announced an agreement appointing EuroTrust as CyberGuard’s value-added distributor across Scandinavia and four other European countries. EuroTrust specializes in security and antivirus solutions and is one of the leading worldwide affiliates of VeriSign.

Pat Clawson, president of CyberGuard, stated, “CyberGuard has seen increasing demand for our high-security, certified security appliances throughout Europe. There are more sales opportunities, and, as part of our distribution-in-depth channel strategy, we have identified key markets where we want to have major regional distribution partners. Both EuroTrust and CyberGuard focus on security. Having EuroTrust as our distribution partner allows us to offer our evaluated solutions in some of the markets where we have previously had limited distribution. Additionally, it enables CyberGuard to expand service and support capabilities in this region. We are pleased that EuroTrust has assigned a dedicated sales manager to head the sales effort for the territory.”

EuroTrust has an extensive telemarketing and sales organization and will focus on seven countries – Norway, Sweden, Finland, Denmark, France, Austria and Switzerland. EuroTrust also has a strong service and support organization and has increased the number of its CyberGuard CFSA/CFSO trained engineers to provide comprehensive level 1 and 2 support throughout the region.

Brian Mertz Pedersen, chief operating officer of EuroTrust A/S, stated, “In the past, Alphasys, our French subsidiary, has sold CyberGuard’s firewall/VPN products in French-speaking European countries. This new agreement builds on what has already proven to be a successful relationship and makes these high quality, evaluated network security solutions available in new markets. We are constantly considering our customers’ security requirements and developing comprehensive solutions to meet those needs.”

Alphasys’ many customers include large enterprises such as banking organizations and government administrations (both defense and interior), as well as small and medium size enterprises such as Lafi, Corporate Software, Computacentre, Cartel (SGBI), Alcatel and Tech Data.

About EuroTrust A/S
Formed in 1986, EuroTrust (Nasdaq ADS: EURO) is the largest worldwide affiliate of VeriSign Inc. worldwide and the leading provider of trusted PKI-infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals throughout Europe. EuroTrust’s digital security offerings are available via its Web site (www.eurotrust.dk http://www.eurotrust.dk/), direct sales force, and reseller partners in Europe.

EuroTrust operates in Denmark, Sweden, Norway, Finland, Austria, Switzerland, and Italy, and also owns a broadcast media property in Scandinavia. More information about EuroTrust and its subsidiaries is available at http://www.eurotrust.dk.

Except for historical information contained herein, this news release contains forward-looking statements that are dependent on risks and uncertainties including such factors, among others, as the pace at which new markets develop, the impact of competition and the company’s ability to implement timely responses to market conditions. Further information on www.eurotrust.dk is contained in publicly filed disclosures available through the SEC’s Public Reference Branch or from the company’s Investor Relations Department.

About CyberGuard Corporation
CyberGuard Corporation, the technology leader in network security, provides enterprise and electronic commerce security solutions to Fortune 1000 companies and governments worldwide. CyberGuard’s award winning, industrial-strength firewall/VPN products and services protect the integrity of data and applications from unauthorized access. CyberGuard’s appliances, which include SL, KS, FS and LX, hold Common Criteria Evaluation Assurance Level 4+ (EAL4+) certification, the most prestigious and rigorous IT security evaluation available. The company has world headquarters in Ft. Lauderdale, Florida, and branch offices worldwide. More information on CyberGuard Corporation can be found at http://www.cyberguard.com.




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