RedCannon Security Blasts Onto Desktop Security Market Scene to Protect Consumers and Businesses From Evolving Internet Threats.

Business Editors/High-Tech Writers

FREMONT, Calif.--(BUSINESS WIRE)--July 21, 2003

Network Security Entrepreneur Vimal Vaidya Launches

Newest Venture to Bring Broader Protection and New Levels

of Innovation to the Desktop Security Market

RedCannon Security, the newest guardian against Internet hackers, cyber criminals, Spammers and online stalkers, has formally launched today in Silicon Valley. The company was founded by Vimal Vaidya, a successful network security entrepreneur with more than 16 years experience in developing start-up ventures into successful, profitable businesses. RedCannon is a privately funded company committed to battling the increasingly sophisticated attacks that threaten users on the Internet today. In conjunction with the company launch, RedCannon today announced the availability of Fireball(TM) CyberProtection Suite, the company's flagship security software.

"We know the pains that consumers and businesses are feeling today as they come under attack from a broad wave of online threats," said Vimal Vaidya, founder and CEO of RedCannon. "We're committed to helping them in their battle to have the safest computing experience possible. The security market has grown complacent with point products that are cumbersome, complicated, costly, and many simply don't live up to their promises. RedCannon will service customers through innovation where it has been missing, and we will prove the real value for the investment they make by choosing Fireball."

A Constantly Changing Mix of New Personal Threats

Pew Internet Research cites child pornography, credit card theft and organized terrorism as the top three most feared Internet crimes. This comes at a time when Pew Internet Research also reports the number of users connecting to the Internet through broadband grew 50 percent from March 2002 to March 2003. Unsecured, always-on connections, including DSL, cable broadband and wireless, make it easier for online stalkers and cyber criminals to prey on unsuspecting Internet users.

"Internet threats are much more personal today and it's not just about screening for computer viruses any more," said Vaidya. "Everything from unwanted online solicitations to the theft of someone's personal data for financial gain is taking place. Fireball CyberProtection Suite is about protecting you, your family, and your computer."

Creating Order Out of Confusion for Consumers and Businesses

Desktop security products continue to be difficult to use and manage. Established players in the market are only now trying to integrate security features instead of just bundling individual products together. Often, consumers have to purchase several different products from different vendors. They are forced to learn several different security software products, and are still not fully protected.

"Our goal is to provide industrial strength security without the complexity and costs," continued Vaidya. "What good is a consumer security product if it is intimidating and too complicated to use? Consumers just want to buy a comprehensive security application and know they are safe. Unlike several competitive offerings, RedCannon brings one product, one price and no confusion over what the software is capable of doing."

Innovation From Day One

Designed from the ground up to be user friendly, RedCannon is bringing innovation to the desktop security market. Fireball CyberProtection Suite is the only desktop security package on the market today featuring more than a dozen security features that have been engineered to work together. One critical problem with current security software is that multiple security products often don't work well together. In many cases, consumers are left to choose which security application to turn on or off, or to leave out all together. Multiple applications do not work efficiently together as they consume more computer resources and leave the computer slow and unresponsive.

RedCannon's patent-pending technology, the Surround Security Architecture (SSA), has made it possible for the personal firewall to evolve beyond the current technology limitations. Fireball CyberProtection Suite protects the desktop operating system, system applications, and all network connections, and is the only product available with a stateful inspection personal firewall, real-time intrusion detection, privacy controls, system assessment, parental controls and an IPSec VPN client under one comprehensive solution. Fireball CyberProtection Suite is currently available at www.redcannon.com, and will be available in leading retailers in August.

About RedCannon Security

RedCannon Security develops and markets endpoint security software that surrounds, protects and defends desktop and mobile computing environments. By enforcing security on the endpoint, consumers, high-speed broadband users, and distributed enterprises are protected against an ever increasing number of personal, financial and technical security threats. The company's product line, including RedCannon's flagship offering Fireball(TM) CyberProtection Suite, immediately identifies, blocks and records security violations. The company is privately held and headquartered in Fremont, Calif. RedCannon can be reached online at www.redcannon.com or by calling 510-498-4100.