Liquid Machines Appoints Former CEO of SRA International Dr. Renato A. DiPentima to Its Board of Directors

Market Wire, June, 2008

Liquid Machines, Inc., the leader in Enterprise Rights Management (ERM) solutions, today announced Dr. Renato A. DiPentima has joined its Board of Directors. Dr. DiPentima, recognized as one of the most significant and influential leaders within the contractor and Federal community, brings more than 30 years of government sector experience to Liquid Machines. As a member of the board, Dr. DiPentima will provide strategic and operational guidance on working with Public Sector agencies and integrators to Liquid Machines' board and leadership team.

"Liquid Machines' unique data-centric approach to information protection delivers a breakthrough approach to sharing and collaborating in cross-boundary scenarios," said Dr. DiPentima. "By persistently protecting and controlling information throughout its lifecycle -- at rest, in transit and in use -- Liquid Machines enables secure information sharing across public agencies, increasing the velocity and effectiveness of electronic communications while eliminating costly, manual processes."

Dr. DiPentima most recently served as president and chief executive officer of SRA International, a provider of technology and strategic consulting services and solutions to clients in national security, civil government, health care and public health, where he helped the company grow from $135 million in revenue to $1.2 billion. Prior to joining SRA, he was deputy commissioner for information systems at the Social Security Administration (SSA), overseeing and managing all information processing, data and voice communications systems.

Dr. DiPentima chaired the Federal Information Technology Acquisition Improvement team as part of the President's National Performance Review initiatives as well as played a key role in making recommendations to the Federal CIO Council on the roles and responsibility of the new federal CIO. He has received wide recognition within the government information technology industry and is the recipient of two presidential rank awards for his distinguished and meritorious service.

"I am pleased to welcome Renny to Liquid Machines' Board of Directors," said Mike Ruffolo, Chairman and CEO at Liquid Machines. "Renny's insight and experience will help us continue our momentum and success in the public sector."

About Liquid Machines

Liquid Machines is the leading provider of enterprise rights management (ERM) solutions that prevent the misuse, modification, loss or theft of intellectual property and sensitive information. By applying access and usage controls to the data itself, electronic information is persistently protected while at rest, in transit and in use -- empowering employees to securely collaborate and work with native file formats and applications. Liquid Machines enables global companies in the financial services, government, manufacturing, retail and healthcare industries to protect intellectual property regardless of where it goes, generating detailed access and usage reports that demonstrate compliance with privacy and industry regulations. Based in Waltham, Massachusetts, Liquid Machines is privately held and is backed by Atlas Venture, Draper Fisher Jurvetson, Goldman Sachs & Co, Masthead Venture Partners and RRE Ventures. For more information on the company and its vision for The Freedom of Security(TM), please visit www.liquidmachines.com .

© 2008 Liquid Machines, Inc. All rights reserved. Liquid Machines Product or company names mentioned herein may be the trademarks of their respective owners. The information contained in this document represents the current view of Liquid Machines, Inc. on the issues discussed as of the date of publication.

Media Contact: Tim Morin fama PR 617-758-4158 liquidmachines@famapr.com

 

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