Consul Establishes Dual Worldwide Headquarters With New Washington, D.C. Office.

Business Editors/High-Tech Writers

HERNDON, Va.--(BUSINESS WIRE)--Aug. 27, 2003

Consul's Rapid U.S. Growth and Solutions for Regulatory Compliance

Lead to Dual Headquarters in Nation's Capitol

Consul risk management, Inc. the leading worldwide provider of security event management and auditing (SEMA) solutions, today announced its new dual worldwide headquarters in Washington, D.C. The Company is experiencing enormous growth as organizations look to Consul for help in complying with the steady flow of government regulations, such as Sarbanes-Oxley, GLBA and HIPAA -- which require strict data controls for extensive record-keeping and auditing.

Consul's new D.C. headquarters, which houses part of its global executive management team, places the company close to the regulatory heart of America and to the security talent needed as the Company plans to significantly grow its U.S. employee base in 2004. Additionally, the D.C. headquarters gives Consul easier access to customers in key markets, including financial services, healthcare and the government.

Located at Suite 250, 2121 Cooperative Way, Herndon, Va., Consul's new U.S. headquarters will house its COO and heads of worldwide sales, marketing, business development and customer support. The offices of the CEO and engineering remain in its European office in the Netherlands.

"A landslide of new regulations requires organizations to intelligently consolidate, correlate, archive and audit vast amounts of security event information to demonstrate compliance or face strict penalties," said Joe Sander, COO of Consul. "By moving our U.S. operations to Washington, D.C., where regulations are drafted and many of the nation's top security minds are located, Consul will benefit from increased information and offer valuable insight into the formation of these standards to address current and future regulatory compliance challenges."

The Company's flagship product, Consul InSight(TM) Security Manager, is a complete solution that enables security event management and auditing by viewing the activities of both "trusted" users and intruders; monitoring all technologies, including security devices, applications, servers, operating systems, mainframes; and incorporating the generation and enforcement of security policies. Additionally, organizations can easily correlate the vast hodgepodge of network activities into real-time alerts and useful reports vital to daily operations. Consul InSight(TM) dramatically reduces the time, people and money required to achieve compliance and enable security best practices.

About Consul risk management, Inc.

Consul risk management, Inc., named Organization of the Year by the Information Systems Security Association (ISSA), is a leading worldwide provider of security event management and auditing (SEMA) solutions with more than 300 customers in 15-plus countries. Consul's policy-based software monitors and audits relevant security events across a company's IT environment -- enabling regulatory compliance and security auditing while improving operational effectiveness. From one central console, users can view consolidated network activities, correlate events across platforms and determine if such activities violate best security practices.

Consul has dual corporate headquarters in the United States and the Netherlands, and is represented by 25 partners worldwide. Consul's clients include the Philadelphia Stock Exchange, Fidelity Information Services, Kroger, Wachovia, Norfolk Southern, The New York Times, Blue Cross/Blue Shield, Office Depot, Ford and numerous state governments and local municipalities. For additional information about Consul and its products and services, please contact Consul at 1 800-258-5077 or [phone] (Worldwide), or at www.consul.com.

Consul InSight(TM) and InSight Security Manager(TM) are trademarks of Consul risk management, Inc.