PatchLink Achieves Record Q3 Growth; Market Leader Refines Business Strategy, Resulting in Rapid Growth and Customer Wins.

SCOTTSDALE, Ariz. -- PatchLink(TM) Corporation, the leading enterprise security patch and vulnerability management solutions provider, today announced the achievement of record levels of top-line revenue growth and new customer acquisitions. PatchLink reported 69 percent top-line revenue growth over the same period in 2004. PatchLink also reached a milestone of having more than 3000 active customers and over 3.5 million nodes installed worldwide.

"This was a terrific quarter for PatchLink, one marked by a combination of strong new license revenues and renewing customer revenues," said Corey M. Smith, PatchLink president and CEO. "PatchLink implemented efforts to streamline its operations and sales model, execute and enhance its market offerings and programs, as well as align its R&D organization to deliver strong security policy and compliance solutions. Theses changes and solid execution of the plan resulted in outstanding results and an optimized business formula that is now in place to take us into the future."

RECENT COMPANY HIGHLIGHTS (2005 YTD Inclusion)

    --  Customers: PatchLink added 155 new customers in Q3 including:
        Hitachi America, Ltd., Globix, Yellow Book, Gaylord
        Entertainment, The Motley Fool, The Marcus Corporation,
        Lockheed Martin, US Environmental Protection Agency, US Navy,
        Berkshire Associates Inc., Bank of the Philippine Islands,
        Youngnam University (Korea), among others. PatchLink has added
        over 500 new customers since January 1, 2005. PatchLink's
        customer's renewal rates remain high at 90 percent.

    --  Leadership: Several new management changes were announced
        including:

        --  Appointment of software veteran executive Corey M. Smith
            as president and CEO

        --  Appointment of Greg Head as senior vice president of
            marketing

        --  Appointment of Suzanne Swanson as senior vice president of
            business development

        --  Appointment of Carl Lytikainen as vice president of
            technical services

        --  Promotion of Noah Williams from director of engineering to
            vice president of research and development

    --  Products: PatchLink has added significant features to its
        flagship product PATCHLINK UPDATE(TM) to make it more robust,
        scalable, and enterprise ready. Additionally, PatchLink
        introduced several complimentary offerings including the
        Scanner Integration Module, Enterprise Reporting, and
        Quarantine solutions.

    --  Partnerships: PatchLink continues to expand its strong OEM
        partnerships with Novell and Harris Corporation while also
        adding new global partners including:

        --  PatchLink joined the Cisco NAC program and will be
            expanding its relationship with Cisco.

        --  PatchLink and Siemens signed an agreement whereby Siemens
            will sell PatchLink products and services in Europe.

    --  Accolades: PatchLink continues to be recognized:

        --  Software Magazine ranked PatchLink Corporation as one of
            the world's leading software companies in its "Global
            Software 500."

        --  Network World Clear Choice Award -- The combined solution
            of Vernier Networks EdgeWall and PATCHLINK UPDATE Server
            received the Clear Choice award from Network World's test
            and evaluation laboratory.

        --  Government Computer News (GCN) ranked PATCHLINK UPDATE #1
            in head-to-head comparison.

ABOUT PATCHLINK CORPORATION

PatchLink(TM) Corporation is the leading enterprise security patch and vulnerability assessment management solutions provider with offices in the US, Australia, Hong Kong, Singapore and the United Kingdom. Providing a highly scalable, extensible, multi-platform technology for network security, including endpoints, PATCHLINK UPDATE(TM) gives customers access to the world's largest repository of tested security patches and mis-configuration updates for deployment across the enterprise. Customers utilizing PatchLink software, solutions and services span all vertical industries and include the U.S. Army, EPA, USDA, NASA, Thomson Financial, Virgin Airways, MidMichigan Medical Center, Boeing, and BlueCross BlueShield, among others.

(C)2005 PatchLink Corporation. All rights reserved. PatchLink, the PatchLink logo, and the PatchLink product names and logos are either registered trademarks or trademarks of PatchLink Corporation in the United States. In addition, other company names and products mentioned in this document, if any, may be either registered trademarks or trademarks of their respective owners.