ION Networks Appoints New VPs of Strategic Alliances and Engineering; Industry Veterans To Lead Revenue Generation and Product Development Efforts

Business Wire,  May 10, 2002  

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Business Editors

PISCATAWAY, N.J.--(BUSINESS WIRE)--May 10, 2002

ION Networks, Inc. (Nasdaq: IONN), a leading provider of security and management solutions that protect critical infrastructure from internal and external security threats, today announced the appointment of T. Robert (Bob) Snyder as Vice President of Strategic Alliances and William (Bill) Whitney as Chief Architect and Vice President of Engineering.

"We are excited to have an experienced sales leader like Bob join the ION team as part of our continuing effort to broaden ION's revenue base," said Kam Saifi, President and Chief Executive Officer of ION Networks. "Bob has a proven track record of sales and channel development and we expect him to be an excellent addition to the Sales team. We eagerly anticipate his contributions."

"And, as one of the original founders of ION, and the creator of ION's earliest ISOS software, Bill brings a unique set of talents and experiences to the current ION team. He has a thorough understanding of ION's existing products, and we believe he has the knowledge and expertise that are required to architect and develop our future products. We expect that both of these key appointments will significantly contribute to ION's future success," concluded Mr. Saifi.

With 25 years of experience in sales and marketing, Bob Snyder joins ION Networks as a Vice President of Strategic Alliances, and will be responsible for further developing and leveraging the company's strategic alliances in order to drive increasing sales through channels. Prior to joining ION, Mr. Snyder served as Senior Vice President - Sales & Marketing for Sphera Optical Networks, a New York-based network provider. Prior to joining Sphera, he was responsible for business development and distribution channels at Avesta Technologies, a leading IT service management company. Before joining Avesta, Mr. Snyder spent twenty years with AT&T with various responsibilities in sales, marketing and operations. Mr. Snyder holds a Bachelor of Science degree from Lehigh University and a Masters of Science degree from Texas A&M University.

Bill Whitney brings over 20 years of system architecture experience in the networking industry to his position as Chief Architect and Vice President of Engineering. He will guide the development of ION's IONSecure products and future architectures. Most recently, Mr. Whitney served as the Vice President and Chief Technology Officer of Outercurve Technologies, a multi-platform rapid application development tool provider for wireless applications, where he was responsible for building the development team, establishing the overall core system architecture, leading the development of the core technology projects, and building outside technology relationships. From 1983 to 1998, Bill served as Vice President and Chief Technology Officer of MicroFrame Inc., ION's predecessor company. Mr. Whitney attended Columbia University School of Engineering.

About ION Networks

ION Networks, Inc. is a leading provider of infrastructure security and management solutions. The IONSecure suite helps customers protect critical infrastructure and maximize operational efficiency while lowering operational costs. ION Networks customers include AT&T, Bank of America, British Telecom, Citigroup, Entergy, Intel, Oracle, Qwest, SBC, Sprint, WorldCom and the U.S. Government. Headquartered in Piscataway, New Jersey, the Company has installed tens of thousands of its products worldwide from its eight direct sales offices in the United States, Livingston, Scotland and Antwerp, Belgium, and its distribution channels on four continents.

ION Networks(TM) and IONSecure(TM) are trademarks of ION Networks, Incorporated. All other trademarks and registered trademarks in this document are the properties of their respective owners.

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. We typically use words like "anticipates", "believes", "plans", "intends", "expects", "future" and similar expressions to identify forward-looking statements. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from the forward-looking statements include the following: fluctuations in customer demand, the Company's ability to manage its growth (including the ability to hire sufficient sales and technical personnel for its expansion strategy), the risks associated with the expansion of the Company's distribution channels (including the ability to successfully sell the Company's products through these distribution channels), the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the Company's markets, the risks associated with competition, the risks associated with international sales as the Company expands its markets, and the ability of the Company to compete successfully in the future (including the ability to develop competitive future products), as well as other risks identified in the Company's Securities and Exchange Commission Filings, including but not limited to those appearing within the Company's most recent Quarterly Reports on Form 10-QSB and on Form 10-KSB on file with the Securities and Exchange Commission.

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