Business Services Industry

PivX Protects Home Users From Windows Security Flaws; Leverages Enterprise Security Research and Expertise to Develop Intrusion Prevention Software for Consumers

Business Wire, Dec 8, 2004

NEWPORT BEACH, Calif. -- PivX Solutions, Inc. (OTCBB:PIVX), the leader in next generation host-based intrusion prevention (HIPS) software for Windows(R)-based computers, announces the release of Qwik-Fix Pro Home Edition(TM), a consumer version of its enterprise software product that has been providing IT security protection to more than 200,000 users around the world for the past year.

Qwik-Fix Pro Home Edition is designed to protect consumers or small office users from falling victim to the next worm or virus before vendor security patches become available. Reactive security solutions, such as anti-virus software, are no longer enough to protect home computers against today's fast spreading exploits. Qwik-Fix Pro uses Active System Hardening(TM) to protect Windows-based PCs, by blocking the underlying vulnerabilities exploited by worms and viruses. The product also provides additional protection for the millions of users who do not have XP SP2 and will no longer receive security fixes from Microsoft.

"Building on the success of our enterprise version of Qwik-Fix Pro, we saw the need for home users to have the same level of PC protection as large corporations," said Rob Shively, chairman and CEO at PivX. "Given the increasing growth of personal computers and security risks in homes across the world, we created a tool that can be deployed and managed easily by the average computer user, without the need to worry about updating anti-virus software or installing patches issued by vendors."

"We have had Qwik-Fix installed since November 2003 and we have been protected against every worm and virus since then," said Lloyd Seely, IT manager at Arbitech. "Without Qwik-Fix Pro installed on our systems, we could have lost a tremendous amount of time and money due to recent viruses, such as Sasser and Bagle and their many variants."

PivX's expert security researchers have identified and fixed the root cause of most Internet Explorer (IE) vulnerabilities, namely insecure zone privileges and improper MIME type detection, through a series of 'Qwik-Fixes' released in September 2003. Qwik-Fix Pro has since protected users against all subsequent IE command execution vulnerabilities, including the recent IFRAME and Download.ject exploits.

The product works with Windows 95 or higher and offers the same level of protection as Qwik-Fix Pro Enterprise. Installation and configuration are managed directly on each local machine, making it simple for consumers to deploy and monitor. The product is priced at $49.95 for a one-year subscription, with special pricing of $34.95 through December 31, 2004.

For more information, please visit www.pivx.com or call 949-999-1600.

About PivX

PivX Solutions, Inc. (OTCBB:PIVX), is an elite security vulnerability research product and services company that leverages its domain knowledge to increase the security of corporate desktops, servers and home PCs. PivX's flagship product, Qwik-Fix Pro(TM) provides enterprise level host based intrusion prevention against vulnerability pathways, exploits, attack vectors and threats before they are exploited maliciously. PivX also conducts highly confidential security-related work on behalf of some of the world's largest corporations. PivX research has identified multiple vulnerabilities and ways to exploit many of the world's widely-used Operating Systems and software including Microsoft Windows, Microsoft IIS, Unreal Engine, Microsoft Internet Explorer, Cisco IOS and Turbo Tax.

Forward-Looking Statements

The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. PivX intends that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, among other things: (1) PivX's successful integration of Threat Focus; (2) PivX's expected revenue and earnings growth; and (3) estimates regarding the size of target markets.

These statements are qualified by important factors that could cause PivX actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) PivX's ability to obtain development financing as and when needed, (2) PivX's ability to generate and sustain profitable operations; (3) the market's acceptance of PivX's products and services; (4) significant competition from other network security companies and operating system providers with significantly greater technological, marketing and financial resources, and (5) PivX's ability to protect its intellectual property.

These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties as more fully described in the Company's periodic filings with the Securities and Exchange Commission.

COPYRIGHT 2004 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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