AEP Networks Appoints Ken Araujo as CTO and Kathryn Kinnamon as CFO

SOMERSET, NJ – January 30, 2006 – AEP Networks today announced that Ken Araujo was appointed to the position of chief technology officer. The network and application access security company also promoted Kathryn Kinnamon to chief financial officer. These changes come after the successful merger of AEP Systems Ltd and Netilla Networks last year to form AEP Networks (and the subsequent acquisition of V-ONE Corporation).

Ken will develop AEP Networks’ technology strategy and guide the product direction. He brings 20 years of experience in engineering to the company. Prior to the mergers last year, Ken was CTO and Senior Vice President of Engineering at Netilla Networks. Before that, Ken was an architect in the CTO division at 3Com, where he worked on broadband and VPN architectures. Prior to that, he worked as chief architect at Teleos Communications, now part of Madge Networks. Ken has B.S. and M.E.E. degrees in Electrical Engineering from Cornell University. He currently holds eleven patents.

Kathy is responsible for the company’s financial and administrative functions, and has over 19 years of experience in accounting operations, treasury, human resource management and corporate finance. Previously, Kathy served as VP Finance / Controller at AEP Networks, a position she held since joining Netilla Networks in February 2001 (prior to the merger). Before that, she served in the capacities of Acting Chief Financial Officer, and Vice President and Treasurer for KCS Energy, Inc. (NYSE: KCS) where she directed corporate accounting, treasury, human resources and bank relations, and raised more than $500 million in the private and public equity and debt markets prior to the company’s relocation to Houston, TX. Kathy holds a B.S. degree in Finance from Rider University.

“I am very pleased to announce these appointments,” said Pat Donnellan, CEO of AEP Networks. “We continue to strengthen the leadership team, and promote our next generation of leaders. With Ken and Kathy in these key roles, AEP is in a strong position for strategy development and execution.”

“We anticipate that Kathy’s broad financial expertise and business acumen can contribute significantly to our success,” he continued. “And Ken’s overall vision, technical expertise and diverse experience make him the obvious choice to develop the solutions that will separate our company from core competitors and give us the kind of innovative technical leadership that expands our share of the market and provides value to our customers.”

About AEP Networks

AEP Networks (www.aepnetworks.com), the specialist in network and application access security, delivers infrastructure security solutions that are easy to use and manage while offering exceptional value and mission-critical reliability. The company provides a full range of solutions, including identity-based application security gateways, highly secure VPNs, SSL VPNs and cryptographic key management products, to meet the most demanding requirements of public-sector and commercial customers around the world. A privately held company backed by leading technology investors, AEP Networks is based in Somerset, NJ, with European headquarters in London and a Government Solutions Group in Rockville, MD.

The AEP Networks logo is a trademark of AEP Networks, Inc., with registration pending in the U.S. Netilla is a registered trademark of AEP Networks, Inc. All other trademarks or registered trademarks are property of their respective owners.




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