Tiburon, Inc. and CorrLogic, Inc. Announce Major Software Licensing Agreement

Business Wire, March 6, 2001

FREMONT, Calif.--(BUSINESS WIRE)--March 6 2001

Tiburon, Inc., the world's leading provider of Public Safety and Justice Systems and CorrLogic, Inc., which develops and implements high quality Corrections and Institutional Medical Systems, today announced a major, cross-licensing agreement which will enable them to integrate and market each others industry leading software products and to fully integrate their applications for customers. This cross license agreement jointly expands each company's presence and participation in additional business opportunities.

Bruce Kelling, Founder and CEO of Tiburon, is enthusiastic about the prospects for the new agreement: "We have always taken pride in our ability to deliver end to end solutions to a wide range of public safety and justice clients and this agreement adds strength to that core business proposition. We operate in partnership with our clients on many levels and this demands that we constantly strive to provide open solutions, integrating products from industry leading vendors."

Marty Roenigk, Chairman and CEO of CompuDyne (Nasdaq:CDCY), which owns CorrLogic, is equally enthusiastic: "Both of our companies are at the forefront of their respective markets which are moving closer together in terms of our client's total solution needs and integration objectives. Tiburon is the best in the business in key areas and our co-operation at both the engineering and marketing level will enable our clients to choose `best of breed' solutions in a truly integrated manner."

Tiburon, Inc., a privately owned business based in Fremont, Calif., has developed, implemented and supported automated information solutions for Public Safety and Justice agencies worldwide since 1980. Tiburon has over 300 client site installations supported by 245 employees in 12 office locations in the US.

CorrLogic, Inc. based in Boulder, Colo., has developed and implemented large scale Correctional Management Systems for over 10 years and has recently introduced an Institutional Medical software system. CorrLogic is a wholly owned subsidiary of CompuDyne Corporation (Nasdaq:CDCY).