Captus Networks Secures $12.4 Million in Funding

WOODLAND, Calif. – October 2, 2003 – Captus Networks, provider of the IPS 4000 Series of Intrusion Prevention Systems, today announced it has raised $12..4 million in a fourth round of financing, led by GMG Capital Partners. Captus will use the financing to expand its line of security and management products and raise market awareness for network integrity solutions that guarantee predictable network availability for critical business applications.

“We are pleased that our investors show continued confidence as we build upon our successes in the Intrusion Prevention Systems marketplace and advance the vision for Network Integrity Systems,” said Stephen Schramke, president and chief executive officer of Captus Networks. “In light of today’s increasing security threats, customers are more concerned than ever about the integrity of their networks. Captus is the first security company to go beyond threat prevention to ensuring that networks are always available to support their business.”

Network Integrity Systems (NIS) preserve and protect network bandwidth for mission-critical applications and hosts. At the same time, NIS clean the network of attacks and unwanted traffic that signature-based systems cannot discover and provide upper management with a comprehensive view of network behavior. The Captus IPS 4000 Series is an automated, policy-based system that combines Day Zero protection with traffic management capabilities to ensure network integrity.

“The Yankee Group predicts a fundamental shift in enterprise security architectures to support a priority on application access, and to fulfill the vision for network security that attack-centric schemes can not match. Captus Networks’ unique traffic flow-based technology is well-positioned to deliver on this promise,” said Eric Ogren, Senior Analyst Security Solutions & Services for the Yankee Group.

“Security is essential to today’s networks, yet it is resource and time intensive. Network Integrity Systems provide customers with the ability to leverage their existing security and network infrastructure investments and control costs. The Captus solution directly addresses these business issues. This is a large market opportunity,” said Dave Mock of GMG Capital.

About GMG Capital Partners
GMG Capital Partners is an early-stage venture capital firm based in New York, with additional offices in Salt Lake City, Portland and Atlanta. With over $170 million in assets under management, GMG Capital Partners’ investment focus is on high-growth enterprise and Internet infrastructure companies, with a focus on network security, network storage and network access technologies. GMG’s investment model places heavy emphasis on operational involvement, partnering with founders and entrepreneurs to build enterprises of lasting value. For more information, visit http://www.gmgpartners.net

About Captus Networks
Captus Networks Corp. provides comprehensive intrusion prevention security solutions for enterprises, ISP’s, government agencies and universities that need to ensure network integrity while minimizing operating costs. The company’s unique business-driven, policy-based security approach automatically preempts all types of unwanted network behavior. Captus is privately held and headquartered in Woodland, Calif. For more information visit http://www.captusnetworks.com or call (877) 9-CAPTUS.




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