Skybox Security Opens European Operations

LONDON – April 14, 2004 – Skybox Security, Inc., provider of the first Exposure Risk Management (ERM) solution, today announced the opening of its UK-based office to support international demand for the company’s new automated process for risk and vulnerability management. Avi Corfas, previously executive vice president at @stake, Inc., will lead the international sales and marketing efforts as vice president and managing director for Europe, Middle East and Africa.

“Almost half of our customer base is international, including telecommunications and financial institutions, and we are seeing rapid demand for risk management solutions like Skybox View in Europe. Avi brings outstanding experience to Skybox in building successful IT and security products and services companies and we are pleased to officially announce our European presence to support our customers there,” said Gidi Cohen, president and CEO of Skybox Security.

Avi Corfas was previously executive vice president (Europe, Middle East & Africa) at @stake, Inc., a leading information security consulting company. Prior to @stake, he was vice president, worldwide sales and operations, for CommerceQuest, Inc. He was also worldwide director for electronic commerce at Digital Equipment and co-founder of FutureTense, Inc. For the last 27 years, Avi has worked in four continents and held multiple technical, consulting and executive management positions. He is a former chairman of EEMA, the European Forum for Electronic Business, and holds an EMBA degree from France’s Haute ?‰cole de Commerce.

“Skybox solves a significant pain point for companies who currently have trouble understanding their real risk levels due to information overload and the limitations of the manual assessment processes. I look forward to working with the respected Skybox team to change the model for exposure management,” concluded Corfas.

About Skybox Security
Skybox Security, Inc. is an enterprise software company that develops and markets next-generation exposure risk management solutions that help enterprises identify and mitigate critical risks in hours versus weeks. Unlike conventional vulnerability management solutions, the company’s flagship product, Skybox(tm) View, leverages existing firewall, router, network and vulnerability data to apply breakthrough modeling and attack simulation technologies that reveal the one to two percent of reported vulnerabilities that impact critical business applications. With Skybox View, executives and security professionals can dramatically raise security levels by shrinking the window of exposure from weeks to hours, understand critical exposures in the same terms, and apply scarce security resources where they are needed most.

Founded in 2002, the company is headquartered in Palo Alto, California and is backed by Benchmark Capital, Lightspeed Venture Partners, Carmel Ventures, and Mofet Technology Fund. For more information contact + 001 650 565-8060 or http://www.skyboxsecurity.com.




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