CipherTrust Adds Key Executive Leadership to New West Coast Headquarters; Vice Presidents of Business Development and Real-Time Messaging Bring Extensive Security, Technology and Management Expertise to Messaging Security Leader

Business Wire, Dec 19, 2005

ATLANTA -- CipherTrust, Inc., the global market leader in messaging security, today announced it has hired two key executives based in the Company's new West Coast headquarters. Farzad Tari, a founding member of CheckPoint's successful OPSEC Alliance, has joined the Company as vice president of business development. R.C. Venkatraman (Venkat), former CEO, chairman and founder of PostX, has joined the Company as vice president of real-time messaging. Both executives bring more than 30 years combined security, technology and management experience that will help CipherTrust(R) move into its next phase of growth. E[acute accent]"As CipherTrust continues to expand our product family beyond e-mail and into other protocols such as instant messaging and VoIP, Farzad and Venkat will be instrumental to our success," said Jay Chaudhry, CEO, chairman and founder of CipherTrust. "We recognize the importance of maintaining strong partnerships and alliances with other technology leaders who might have complimentary technologies or products, while at the same time continuing to develop patented technologies that differentiate us in the market. This collaboration helps foster innovation and will continue to benefit our customers, resellers and distributors worldwide." E[acute accent]A 15-year technology veteran, Tari brings new partnership and strategic alliance opportunities to CipherTrust. Prior to joining CipherTrust, Tari served as the vice president of business development at Swan Labs, which was later acquired by F5 Networks. He also served as a strategic consultant to Airespace which was acquired by Cisco Systems. Tari was a founding member of the OPSEC Alliance Program for CheckPoint where he assembled and led a team of business development, product and marketing managers to create one of industry's most successful strategic alliance programs. Previously Tari held several marketing and sales management positions at Cisco and Cadence. Tari serves as an advisor on the board of the University of Kansas as well as several technology start-ups. E[acute accent]Also a 20-year technology veteran and entrepreneur, R.C. Venkatraman, former CEO, chairman and founder of PostX, has joined CipherTrust to lead research and engineering for the Company's instant messaging (IM) security gateway, IronIM(TM), which provides inbound and outbound threat protection for enterprise IM communication. Prior to founding PostX in 1996, Venkatraman was senior engineering manager at Apple Computer where he was responsible for the architecture and development of e-mail and messaging products. Before joining Apple he was at Hewlett-Packard (HP) where he developed the HP-UX network file transfer and remote-file access products. He has an MS in computer science from Iowa State University. E[acute accent]"CipherTrust already commands the dominant market leader position and offers enormous opportunity for future growth," said Farzad Tari, vice president of business development at CipherTrust. "As security threats expand beyond e-mail and instant messaging into other communication protocols, I believe the company has only touched the surface in terms of extending its innovation even further. I am eager to help build the technology partnerships, strategic alliances and OEM relationships needed to take CipherTrust to the next level and further strengthen its competitive position." E[acute accent]"CipherTrust has continued to lead innovation in messaging security, beginning with its patented technologies to secure e-mail," said R.C. Venkatraman, vice president of real-time messaging. "We've already seen a strong demand from organizations to apply those same security principles to other communication channels such as instant messaging. I am looking forward to being part of that continued innovation."

E[acute accent]About CipherTrust, Inc.

E[acute accent]CipherTrust, Inc., the global market leader in messaging security, provides innovative layered security solutions to stop inbound messaging threats such as spam, viruses, intrusions and phishing, and protect against outbound policy and compliance violations. CipherTrust's integrated best-of-breed capabilities deliver maximum availability and unmatched security, effectiveness and enterprise manageability across multiple communication channels. Recognized by IDC as the market leader for secure content management appliances in 2004, CipherTrust protects the messaging infrastructure of more global enterprises than any other vendor, including more than one-third of the Fortune 500. CipherTrust is backed by top-tier investors including Battery Ventures and Greylock Partners. For more information about CipherTrust, please visit www.ciphertrust.com or call 877-448-8625. E[acute accent]The following are either trademarks or registered trademarks of CipherTrust, Inc. in the United States or other countries or both: CipherTrust, and IronMail. Other company, product or service names may be trademarks or service marks of others.