Verdasys Announces Partnership to Further Expand their Data Loss Prevention Technology in the Asian Pacific Marketplace

Business Wire, May 23, 2007

WALTHAM, Mass. -- Verdasys, Inc., the leader in global data security solutions for information loss prevention and corporate compliance announced the signing of a distribution agreement with iSecurity, Inc., a leading provider of data security and PCI compliance solutions based in Taiwan. iSecurity will distribute Verdasys' Digital Guardian solutions as part of its overall information security offerings throughout Taiwan and China. The Agreement covers Digital Guardian licenses, maintenance, in-depth training and extensive customer service support.

"We have been working together with Verdasys since the fall of last year to penetrate the Taiwanese market," said Julian Su, President, iSecurity. "Verdasys has proven to be a very committed partner and has helped us close our first enterprise deal in Taiwan. We have several deals in the pipeline and I believe Digital Guardian is the perfect solution to address the needs of High Technology and Financial institutions in Taiwan and the Asia Pacific," he stated.

This new partnership will help meet the growing demand among Asian enterprises for solutions that provide comprehensive protection against data loss and misuse. The partnership combines the value of iSecurity's vast product knowledge and growing customer network to drive significant sales of Verdasys' Digital Guardian platform and to assist global organizations in preventing data loss. iSecurity's first enterprise order was with one of the world's largest semiconductor manufacturing companies that will utilize Digital Guardian for intellectual property protection as well as secure offshoring.

"We have found a perfect partner in iSecurity," said Omri Dotan, EVP Worldwide Business Operations, Verdasys. "They are very skilled, very committed and have great market access. We share a culture and a vision on how to solve the growing threats posed to the digital assets of global enterprises. Verdasys is committed to support our rapidly growing business in the region. I believe that iSecurity is the right partner to help us meet the needs of our joint customers in Taiwan," he added.

About iSecurity, Inc.

iSecurity, Inc. is the hub of innovative information security solutions, and the sole provider of VISA network data security compliance (PCI Compliance) service in the Greater China region. For more information, please visit www.isecurity.com.tw.

About Verdasys, Inc.

Verdasys solutions protect proprietary and sensitive data and the integrity of the business processes essential to successfully conducting business on a global basis. The Verdasys Digital Guardian platform creates a data level perimeter that assures that data is controlled by policy and monitored for accountability, establishing a community of trust between the data user, data owner and data provider. Digital Guardian integrates content, context and location awareness along with encryption and data level controls to reduce the risk of information loss or misuse. Verdasys solutions are in use by government agencies, and by leaders in financial, pharmaceutical, insurance, healthcare, manufacturing, entertainment, and other industries around the world. Verdasys is headquartered in Waltham, MA. For more information, please visit http://www.verdasys.com.