CipherTrust Positioned in the Leaders Quadrant for E-Mail Security Boundary 1H05; Evaluation Based on Completeness of Vision and Ability to Execute

Business Wire, July 1, 2005

ATLANTA -- CipherTrust, Inc., the leader in messaging security, today announced it has been positioned by Gartner, Inc. in the leaders quadrant in the "E-mail Security Boundary Magic quadrant 1H05"(1) report. This report focuses on anti-spam, e-mail antivirus (AV), and intrusion prevention capabilities to prevent inbound e-mail security threats. According to Gartner, "leaders" are vendors who are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market.

"We are very pleased to be positioned in Gartner's leaders quadrant, and we recognize that a positioning like this is based largely on the feedback from customers," said Jay Chaudhry, founder, chairman and CEO of CipherTrust. "Our strong enterprise installed base, including more than 35 percent of the Fortune 100, has been built by addressing customer needs, starting with the secure e-mail gateway and adding capabilities like anti-spam, value added AV, connection management and outbound filtering as the market evolves."

"Being positioned in the leaders quadrant as Gartner has evolved the market to this year's more comprehensive e-mail security boundary, we believe demonstrates our success in helping our customers and the market at large stay ahead of e-mail threats," said Dr. Paul Judge, CipherTrust CTO. "Over the next year, as the market evolves from a predominately inbound focus to require integrated outbound filtering and compliance solutions, we feel CipherTrust is perfectly positioned to maintain its market position."

In the report, Gartner mentions that "increasing business requirements for outbound filtering are influencing buying decisions for e-mail security. Companies may want to consolidate the number of vendors of products they use for e-mail security," as indications of this move toward a combined inbound/outbound secure e-mail gateway.

CipherTrust's continued focus on outbound filtering and delivering critical features such as pre-populated dictionaries and compliance focused reports, enables IronMail to provide both inbound and outbound protection.

"For the last five years, CipherTrust has met the needs of large enterprises around the world by investing in our own world-class research and development organization, so we can consistently innovate and are not dependent on third party technology to deliver solutions to customers," added Dr. Judge. "Our introduction of key technologies like TrustedSource, Connection Control, Privacy Architecture, Compliance Control, and our genetically tuned Threat Response Updates are the fruits of that investment. We believe CipherTrust's position in the Magic Quadrant confirms our technology and thought leadership in the e-mail security space."

About CipherTrust, Inc.

CipherTrust, Inc. is the leader in messaging security. Recognized by IDC as the market leader, the Company's award-winning IronMail appliance protects the messaging systems of more enterprise e-mail users than any other solution, including more than 35 percent of the Fortune 100. CipherTrust pioneered messaging security by uniquely combining the five critical e-mail security components of spam and fraud prevention, virus and worm protection, policy and content compliance, e-mail privacy, and intrusion prevention into a single easy to deploy and manage platform. The Company 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.

CipherTrust and IronMail are registered trademarks of CipherTrust, Inc. All other trademarks are property of their respective owners.

The Magic Quadrant is copyrighted June 30, 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) Gartner Research "Email Security Boundary 1H05" by Arabella Hallawell. June 30, 2005