Cenzic Secures $5 Million in First-Round Funding From Top-Tier VC Firms, Names Alan Henricks President, CEO.

Business Editors

CAMPBELL, Calif.--(BUSINESS WIRE)--Jan. 28, 2002

Software Company Closes Venture Funding; Launches Applications and

Network Infrastructure Risk Management Platform, Brings

Industry Veteran Aboard to Lead Company

It's common knowledge that new automobiles are crash tested using dummies to avoid disaster before it happens. And it's also an accepted fact that drugs are safety tested repeatedly by pharmaceutical companies before they make their way through FDA approval and into the hands of the general public. However, the same could not be said for enterprises and the way they manage the potential risk to their application software and network infrastructure. That is until now.

Cenzic, Inc., formerly ClickToSecure, has developed a software platform that enables enterprises to assess, analyze and mitigate the risk of intentional attack and IT errors in their software applications and network infrastructure -- before damage is done. Cenzic today announced it has received $5 million in initial financing from top-tier venture capital firms Hummer Winblad Venture Partners and JK&B Capital. The company also announced it has appointed industry veteran Alan Henricks to lead the company as president and chief executive officer. The first product based on Cenzic's innovative product architecture is slated for release in the second quarter of 2002.

"The 'patch and pray' or reactive approach to security is like managing road safety by counting how many highway accidents occur each year. If you're not thinking ahead, your failure is only a matter of time and severity," Henricks said. "Every year, the typical enterprise loses millions of dollars worth of proprietary information to theft, unintentional damage and targeted attacks. Modern enterprises need to understand their risk before an attack happens to minimize both financial costs and damage to the reputation of the business."

While these losses may seem staggering, it actually gets worse. Many companies today don't even know they are exposed to risk because they think their existing, reactive solutions are sufficient.

Cenzic's innovative product architecture and business plan convinced two high-profile venture capital firms to direct investments to the company. "Our decision to fund Cenzic was driven by an overwhelming market need for corporations to better manage the risks to their software applications and networks," said Mark Gorenberg, a partner at Hummer Winblad. "Cenzic came to us with all the ingredients for success including a technology that solves the needs of a large market, a well-qualified team of founding experts and great reference customers."

"Security issues today are no longer a technology problem, they are a business problem," said Marc Sokol, a partner at JK&B capital. "Enterprises today are focused on the potential billions of dollars of loss that could occur from stolen intellectual properties, theft or damage of other proprietary information. Cenzic's solution is the one security-system platform capable of addressing the varied and complex risk management needs of today's rapidly evolving global business environment."

In a related announcement, Cenzic named Alan Henricks president and chief executive officer, to steer the company through today's challenging market. Henricks, a veteran financial and operations executive, brings skills, maturity and a history of success to Cenzic. A seasoned industry professional, Henricks has an exceptional track record of building successful enterprise software companies. He served Borland International (Nasdaq:BORL) as senior vice president and chief financial officer where he managed a staff of more than 600 people, led the company through a successful IPO and conducted a $400 million merger. He piloted Documentum (Nasdaq:DCTM), the enterprise content management company, through its initial growth and later its IPO, and was a key member of the management team responsible for the highly successful IPO at Interwoven (Nasdaq:IWOV), the content infrastructure systems and services company. A strategic business visionary, Henricks also has served as an early stage business advisor to other prominent public companies including Portal Software (Nasdaq:PRSF) and Cacheflow (Nasdaq:CFLO).

About Cenzic, Inc.

Headquartered in Campbell, Calif., Cenzic was founded in May 2000 as ClickToSecure. Cenzic is focused on providing products and services to help enterprises implement a risk management strategy to assess, analyze and mitigate risk to critical applications and networks. For more information, please call 408/626-9004 or visit the Cenzic web site, www.Cenzic.com.

About Hummer Winblad Venture Partners

Established in 1989, Hummer Winblad Venture Partners (www.humwin.com) was the first venture capital firm to invest exclusively in software companies. Today, Hummer Winblad Venture Partners has $1 billion under management and is headquartered in San Francisco. Past early stage investments include Arbor Software, Extensity, Global Center, NetDynamics, Powersoft, Scopus Technologies, and Wind River Systems. Hummer Winblad Venture Partners investment categories include enterprise applications, software infrastructure and platforms, development tools, and engineering and scientific software.

About JK&B Capital

JK&B Capital is a venture capital firm based in Chicago with $900 million under management. JK&B was founded in 1996 with the belief that in addition to capital and financial savvy, successful venture investing requires unique relationships and in-depth industry and technical expertise in order to identify the most attractive investment opportunities and consistently add value to portfolio companies. Information about JK&B Capital is available at www.jkbcapital.com.