Forum Systems CEO Named in vSpring Capital Top 100 Venture Entrepreneurs; Wes Swenson Selected for his Outstanding Leadership and Achievement as CEO of Forum Systems

Business Wire, March 30, 2005

SALT LAKE CITY -- Forum Systems, Inc., the leading provider of Trust Management and Threat Protection Web Services Security solutions today announced its CEO and president Wes Swenson, has been honored by vSpring Capital of Salt Lake City as one of top 100 venture entrepreneurs to lead a successful venture in the next five to seven years. This listing is also known as the v-100.

"I appreciate the recognition from such a prestigious group and I am committed to staying active in the thriving Utah business community," said Wes Swenson, president and CEO of Forum Systems. "I look forward to new and exciting advancement at Forum and enjoy working with my peers to support high tech ventures in Utah."

The v-100 was conceived by vSpring as a tool to recognize the region's outstanding entrepreneurs and to support and promote partnering and collaboration among top entrepreneurs in the region. Utah business community members are asked by vSpring to nominate individuals who are most likely to lead a successful startup venture in the next five to seven years in the IT or biotech industries in a chief executive or chief technical officer role.

The 2005 class of the v-100 includes a unique combination of dynamic young entrepreneurs, technology thought leaders and experienced leaders in the technology and biotechnology industries. This year 42 new members were inducted into the v-100. As a whole the 2005 class of the v-100 has raised more than $4 billion in capital assets and created more than 15,000 new jobs during their careers.

About Forum Systems

Trustworthy, ubiquitous and robust Web services can only be achieved by combining security controls that are proactive, always on and systematic. Forum Seamless Security Solutions Architecture (Forum S3A(TM)) is an adaptive approach to building security minded service-oriented applications and data-level networks using life-cycle solutions including vulnerability management, testing systems, firewalls and gateways. Forum products are available as software, PCI-card and appliance options and comply with government requirements including FIPS Certification, Common Criteria EAL 4 and JITC DoD PKI Certification. Forum Systems is an active a member of OASIS and WS-I helping mature standards such as WS-I Basic Profiles, SAML and WS-Security. Customers can immediately benefit from Forum technology that is bundled with market leading products including Microsoft ISA Server 2004, NetContinuum NC-1000 WSE, Network Engines Web Services (NEWS), and Oblix COREid and COREsv. For more information on adaptive solutions for Web services security visit http://vulcon.forumsys.com.

Forum Systems, Inc. is the Leader in Web Services Security(TM) with a comprehensive suite of trust management, threat protection and information assurance solutions for the automated Web. Forum Systems flexible hardware, software and embedded products make vibrant business communications possible by actively protecting XML data and Web services across networks and business boundaries. Forum's products have been chosen by over 80 Fortune 1000 industry leaders and are winners of Network Computing Magazine's Well-Connected 2004 Award and Product of the Year 2004 Award, Network Computing Magazine's Editor's Choice 2003 Award, Network Magazine's Product of the Year 2003 Award and DEMO 2004 Invitation. Forum XWall Web Services Firewall is the industry's only XML Firewall selected by InfoWorld LEADERBOARD 2004. Visit Forum at http://www.forumsys.com/.>

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