Caveo Technology Releases First Security Device to Deter Laptop Theft, Protect Confidential Data; New Product Available as PC Card for New and Existing Laptops

Business Wire, April 2, 2002

Business/Technology Editors

CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 2, 2002

Caveo Technology, the leading innovator of motion sensing technologies, today announced the release of Caveo Anti-Theft(TM), an integrated security solution for laptop computers, available in the form of a PC Card (type II PCMCIA). Tested by over 50 beta testers, Caveo Anti-Theft is a proven, active security system that protects both physical and intellectual property.

Caveo Anti-Theft is the first and only laptop security system on the market to offer both theft deterrence and data protection. Caveo Anti-Theft deters theft by detecting motion and issuing audible warning signals. If an armed computer is moved beyond a distance specified by the owner, the system assumes theft and implements strong security responses, including shutting down the computer, preventing access to the operating system, and sounding an audible alarm (optional). The product also has an integral encryption option to protect confidential information, and enhances the security of encryption by providing secure storage off the hard drive and by securely managing operations involving encryption keys, user information and passwords. The system is independent of the computer, and Caveo's proprietary Motion Password(TM) provides an easy and convenient method for arming and disarming the system whether the computer is on or off.

The PC Card is based on Caveo's proprietary firmware and software combined with the ADXL202, a miniature, low-cost, iMEMS(R) micromachined motion sensor manufactured by Analog Devices (NYSE: ADI). The integrated, rechargeable battery allows the Caveo Anti-Theft system to operate for over three weeks. The battery automatically recharges when the computer is on.

The need for such stringent laptop protection is obvious. According to Safeware Inc., the largest U.S. insurer of laptops, a projected 387,000 laptop computers were stolen in the U.S. in 2000, up 21% from 1999. In annual surveys of companies and governmental agencies by the Computer Security Institute, laptop theft has been consistently reported by about 60% of the respondents during the past five years.

"Laptop theft is a major concern and a costly problem that grows worse as the laptop increasingly becomes the computer of choice for the business and private user," said David Lee, founder & CEO of Caveo. "Caveo Anti-Theft is a practical, easy-to-use, and affordable solution for the average person concerned with his or her laptop investment, as well as for the business person concerned with valuable data stored on the laptop."

The first Caveo Anti-Theft PC Cards reached the market in February 2002, at a retail price of $99. Caveo Anti-Theft is available for purchase on Caveo Technology's website and through a number of retailers, online catalogs and resellers. Some of these companies include: MicroWarehouse, a multi-billion dollar specialty catalog and online retailer; PC Mall, a rapid response supplier of technology solutions; TigerDirect.com, a catalog and online retailer of computer products; GreenPages, a corporate IT Solutions Provider and Global Marketing Partners, Inc., which offers express distribution with Ingram Micro, the largest global wholesale provider of technology products and supply chain management services.

ABOUT CAVEO TECHNOLOGY

Caveo Technology, headquartered in Cambridge, Mass., is the leading innovator of products that use advanced motion-sensing technologies to solve important, real-life problems. It is developing a portfolio of products where performance and convenience advantages can be derived from its core technologies. These include handheld electronic products and computer peripherals. For more information visit the Caveo Technology website at www.caveo.com.

ABOUT ANALOG DEVICES LEADERSHIP IN MEMS TECHNOLOGY

As a pioneer in the micromachined IC industry, Analog Devices (NYSE: ADI). shipped the first fully-integrated, single chip MEMS accelerometers in 1991. Since then, ADI has maintained its leadership position and remains the industry's only high-volume producer of single-chip MEMS accelerometers and motion sensors. ADI's iMEMS(R) (integrated micro mechanical systems) devices are used in a wide range of consumer, industrial and automotive applications.