Forum Systems Announces Multi-Gigabyte Secure File Transfer With Version 3.0 Of Presidio Openpgp Security Gateway Appliance

SALT LAKE CITY, Utah – August 31, 2004 – Forum Systems, a leading provider of trust management and threat protection Web Services security solutions, announced today that it has released version 3.0 of its Forum Presidio OpenPGP Security Gateway Appliance. Forum Presidio is gaining adoption by influential clients in the strictly regulated financial services sector – including recent wins with five Fortune 100 firms – as they strive to comply with mandated information privacy regulations.

“Many organizations are turning to OpenPGP as a means to persistently protect their mission-critical enterprise documents because of its universality. Forum Presidio’s Appliance based approach offers the only automated black-box solution that delivers large files with a high degree of reliability, ensuring the confidentiality of data while it is stored on file systems as well as in transit,” said Wes Swenson, president and CEO of Forum Systems. “Other software options have proven expensive to develop and maintain due to large licensing fees. Forum Presidio presents dramatic cost savings for OpenPGP deployments because of its appliance-based approach, with the added bonus of a migration path to secure Web services.”

Forum Presidio Version 3.0 adds support for large multi-gigabyte file sizes, a key requirement for financial services organizations. Secure file transfer is a critical component of trading partner integration initiatives that facilitate the exchange of business-sensitive files, large transactions volumes, XML data and EDI over the Internet. Other new features include digitally signed audited records and in-flight encryption using patent-pending streaming technology. According to an Information Security white paper released June 17, 2004 by America’s Growth Capital, Forum Presidio “should introduce an interesting new competitive dynamic to an arena dominated by PGP(TM)*, Entrust and Tumbleweed solutions.”

About Forum Presidio: Migration Platform to Secure Web Services Forum Presidio was created in response to customer requests to centralize and automate the deployment of mandated information privacy policies in a popular appliance solution using standards-based encryption protocols. Low cost and easy to manage, the gateway is designed specifically for secure file transfers with both communication (on-the-wire) encryption as well as data-level (content-sensitive) encryption using the OpenPGP standard.

In addition, Forum Presidio provides a legacy-to-XML bridge for a smooth migration to XML Web services. Comprehensive Web services threat protection and trust management features provide the foundation infrastructure for enabling secure XML and Web services communications for mission-critical applications and sophisticated PKI-enablement projects in mixed legacy and XML environments. Other key features include:
Ø Server Side OpenPGP Gateway
Ø Centralized Key and Policy management
Ø Detailed Logging and Auditing of Policy and Key Modifications
Ø OpenPGP Algorithms and Interoperability with PGP(TM) products
Ø Access Control with Local Authentication
Ø Multi-Gigabyte File Transfer
Ø Web Based Administration

Forum Presidio V3.0 Appliance is available immediately for $25,000. For a technical datasheet please go to
http://www.forumsystems.com/products_presidio.htm.

Forum Systems continues to lead the market with enterprise solutions that enable companies to compete in an automated world where information must be instantaneously accessible and effectively shared. Forum’s solutions for the financial services sector are being used to create vibrant business communication using XML (Extensible Markup Language) and Web services that require strict data-level security across traditional networks firewalls and business boundaries. Forum’s product portfolio has been chosen by industry leaders because of its unique combination of trust management, threat protection, information assurance and content acceleration technology.

About Forum Systems
Forum Systems, Inc. is the leader in Web services security with a comprehensive suite of Trust Management and Threat Protection solutions for the Automated Web. Forum Systems flexible hardware, software and embedded products actively protect Web services from the network edge to the application server. Forum Systems products are winners of Network Computing Magazine’s Well-Connected 2004 Award and Product of the Year 2004 Award, Network Computing Magazine’s Editor’s Choice 2003 Award, Network Magazine’s Product of the Year 2003 Award and DEMO 2004 Invitation. Forum Systems, founded in 2001, is headquartered in Salt Lake City, UT. For more information contact 801-313-4400 or http://www.forumsys.com/.

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