Former Cisco, HP and ISS Executives Launch First Identity-Driven Access Gateway Company.

PETALUMA, Calif. -- Caymas Systems Launches With Strong Management Team, $37 Million in Funding, Three Products, and Leading Enterprise Customers

Caymas Systems formally launched the company today, unveiling the management team, $37 million in funding, over thirty deployed enterprise customers, and the Caymas Identity-Driven Access Gateways based on a patent-pending Identity-Tagging and Control architecture. (Editor's Note: see release entitled Caymas Systems Announces First Identity-Driven Access Gateways released 10/11/04).

Caymas Systems was founded in 2002 to give extended enterprises the ability to safely and securely extend their information assets. The company's Identity-Driven Access Gateways are the first solutions to give enterprises the power to control all access to their information assets by uniquely leveraging the identity of internal and external users, devices, and applications.

"Before beginning any product development, we traveled around the world and interviewed more than 300 CIOs," said Terence Brown, president and CEO of Caymas Systems. "We wanted to develop solutions that spoke to the real access pain points of medium and large enterprises. Our Caymas 220, 318, and 525 Gateways fill the gap that exists between the single purpose, limited VPN access products at the low end and the expensive overkill of access control software products at the high end. Over thirty customer wins in just a few months show we've struck a chord in the market."

Caymas' executive management team comes from senior positions at Cisco, Hewlett Packard, and Internet Security Systems (ISS). The company has more than 75 employees nationwide with expertise in networking, enterprise applications, security, and servers. Terence Brown, Caymas co-founder and its president and CEO, was most recently a business unit vice president and general manager at Cisco Systems. He led the seven site, 900 employee marketing, engineering and advanced product development teams for the industry's first Layer 1 -- 3 multiservice optical networking product line. Mr. Brown was vice president of field operations at Cerent Corporation from 1997 through 1999, leading the company's marketing, sales and customer service, and playing an integral role in Cisco's $7 billion acquisition of the company.

To date, Caymas has raised more than $37 million from two leading venture capital firms, Redpoint Ventures and ComVentures, as well as from Caymas company management. The company's funding partners hold stellar track records in financing technology companies. Redpoint Ventures seeded companies such as Juniper Networks, Foundry Networks and Bay Networks. ComVentures invested in Broadcom, Polycom and IntruVert. The board of directors consists of Mr. Brown, Geoff Yang of Redpoint Ventures, Michael Rolnick of ComVentures, and Josh Green of Heller Ehrman.

"As an investor, you see very few companies that respond to a real market need," said Michael Rolnick, partner, ComVentures. "Caymas is exceptional in that the company is delivering a solution that has an immediate return on investment for its customers. Combine great products with ecstatic customers and a management team that has an incredible track record of successful startups, IPOs and acquisitions, and you have a winner."

"Caymas has developed a game-changing technology that addresses a very real market pain," said Rob Breza, Senior Analyst and Director, RBC Capital Markets. "Enterprises have a business requirement to open up their applications and data to partners, employees, customers and others, yet they aren't convinced the solutions they've had to piece together fully serve the need for access, let alone protect their assets. Caymas is at the forefront of solutions filling this gap."

About Caymas Systems

Caymas Systems allows organizations to control access and control their business with the world's first Identity-Driven Access Gateways. Caymas solutions allow enterprises, government agencies, and institutions to securely extend their information assets to remote employees, customers, partners and suppliers. Caymas solutions integrate third generation remote access, ultra secure extranets and wire speed internal access control, allowing businesses to identify, authorize, protect and audit users and resources. A privately held company headquartered in Petaluma, California, Caymas has customers in healthcare, manufacturing, financial services, information technology, retail, education, and government, both in the U.S. and abroad. For more information visit www.caymas.com.