Securant Technologies Appoints Richard M. Leichus Chief Operating Officer; Fast Growing Developer of Access Management Software for e-Business Expands Executive Management Team.

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 11, 1999--

Securant Technologies - a leading developer of access management products for secure e-business - today announced the appointment of Richard M. Leichus as Chief Operating Officer (COO). Leichus brings more than 35 years of technology industry experience to this key role on Securant's executive management team. His proven track record for helping emerging companies achieve and manage aggressive growth, and sell enterprise-class software products will help guide Securant's growing industry momentum. He reports directly to Jonti McLaren, CEO of Securant Technologies.

"Richard Leichus is a proven technology industry veteran with a stellar track record for managing the day-to-day operations of young, fast growing software companies," said Jonti McLaren, CEO, Securant Technologies. "Richard's combination of financial, operations and general management expertise will play a key role in helping manage Securant's growth and establishing the company as the leading provider of enterprise-scale security management software."

Prior to joining Securant, Leichus was Chief Financial Officer for Saratoga Systems, a Customer Relationship Management (CRM) software vendor where he managed the finance, legal, human resources, benefits, facilities and administration functions. Leichus played a pivotal role in helping grow Saratoga Systems from 14 people and $2.5 million in revenues to 130 people and $18.5 million in revenues. Leichus has held a number of executive level operations, finance and administration positions with start-up and growing companies including Dataclone, Cambridge Systems Group, Callan Associates, and Louisiana Computing Corporation. He started his career at IBM where he authored IBM 360 Programming and Computing, published by Prentice Hall. Leichus holds an MSEE from Caltech, and a Bachelor in Engineering from Stevens Institute of Engineering.

"Securant has developed a world-class suite of products for the huge and still nascent e-business security market," said Richard Leichus, Chief Operating Officer, Securant Technologies. "Joining Securant is a tremendous professional and personal opportunity. I look forward to helping build the leading e-business security management software company."

Company Background

Securant Technologies is a leading developer of rules-based access management products that lower administration costs and provide a secure infrastructure for e-business. The Company's products centralize, unify and automate every component of access management -- access control, single-sign on, authentication, authorization, delegated administration and auditing -- for e-business resources including Extranet, Intranet, Internet and networked applications. Early ClearTrust customers include, First Union/The Money Store, Lehman Brothers, and Wells Fargo Bank. The company's partners include BEA / WebLogic (NASDAQ: BEAS), Check Point (NASDAQ: CHKP), Entrust Technologies (NASDAQ: ENTU), Fujitsu, IBM (NYSE: IBM), IONA Technologies (NASDAQ: IONA), Microsoft (NASDAQ:MSFT), Netscape Communications, Novell (NASDAQ: NOVL), Oracle (NASDAQ:ORCL), Sun Microsystems (NASDAQ:SUNW), Sybase (NASDAQ: SYBS) and Verisign (NASDAQ: VRSN). Securant is privately held and headquartered in San Francisco. To contact Securant call 415.764.4900, visit us on the Web at http://www.securant.com, or write to [e-mail].

Unified Access Management, 24/7 Security, ClearTrust, ClearTrust SecureControl, ClearTrust Virtual Business Units and SpeedSecure are trademarks of Securant Technologies Inc. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.