Leading Enterprises Continue to Choose CipherTrust’s IronMail as Messaging Security Backbone

ATLANTA, GA — (MARKET WIRE) — 08/09/2004 — CipherTrust, Inc., the leader in messaging security, today announced it closed 560 enterprise deals in the first half of 2004 with existing and new customers. These leading organizations worldwide have chosen the award-winning IronMail messaging security solution over point solutions from companies including IronPort, Proofpoint and BorderWare. CipherTrust recently has added to its impressive customer list many leading organizations, such as Aventis, HSBC, Columbia House, HSN (Home Shopping Network), Johns Manville and Syndesis Limited, in addition to one of the largest electronic commerce and payment services institutions in the world, and three Financial Times Global 500 companies.

These recent competitive wins add to the more than 1,000 organizations on CipherTrust’s customer roster — including 30 percent of the Fortune 100 — that have selected IronMail for its market leadership and technical innovation. IronMail provides a unique combination of the five critical e-mail security components of spam and fraud prevention, virus and worm protection, policy and content compliance, e-mail privacy, and secure e-mail gateway capabilities into a single, easy-to-manage appliance platform.

“CipherTrust has established IronMail as the messaging security backbone for some of the world’s leading organizations due to its unique approach of tackling all of today’s critical, high priority e-mail security concerns,” said CipherTrust Senior Vice President of Sales Mike Van Bruinisse. “Our competition resorts to tactics such as offering free appliances and complimentary extended service contracts, but companies are seeking a strategic partner for messaging security that provides a complete solution, and also exhibits positive cash flow and a strong balance sheet. CipherTrust’s customers recognize the superior value our solution will provide for years to come, and that is why IronMail is the leading choice for enterprises worldwide to lock down mission critical e-mail networks.”

Widespread Praise and Success for CipherTrust

These recent customer wins continue to fuel CipherTrust’s significant momentum as the leader in messaging security. In June, the Company announced that it closed another record-breaking quarter, with its eighth consecutive quarter of profitability and positive cash flow, and the addition of more Fortune 500 customers like Cingular and Comcast.

CipherTrust’s recent industry-wide praise also includes:

— A July CRN review declaring that “solution providers looking for a device that can combat spam, provide e-mail security and allow for granular customization within a company’s infrastructure need look no further than CipherTrust’s IronMail.”
— A Federal Computer Week evaluation calling IronMail “an excellent choice for quickly deploying an anti-spam and antivirus solution.”
— A June competitive eWeek review in which IronMail bested both IronPort and BorderWare, and was named “Best Overall Solution.”
— SC Magazine awarded IronMail “Best Buy” honors and five stars out of a possible five twice in the past five months, following e-mail security and anti-spam comparative reviews in March and June, respectively.
— CipherTrust’s position in the “Leaders” quadrant of the Gartner Enterprise Spam Filtering Magic Quadrant, as published on March 2, 2004.

About CipherTrust, Inc.
CipherTrust, Inc. is the leader in messaging security. The company’s powerful, award-winning IronMail appliance combines the five critical e-mail security components of spam and fraud prevention, virus and worm protection, policy and content compliance, e-mail privacy, and secure e-mail gateway capabilities into a single easy to deploy and manage platform. IronMail protects the messaging systems of more enterprise e-mail users than any other solution, including 30 percent of the Fortune 100. CipherTrust’s investors include Battery Ventures, Greylock, U.S. Venture Partners, Noro-Moseley and Silicon Valley Bank. For more information about CipherTrust, please visit www.ciphertrust.com or call 877.448.8625.

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