Security and IT Professionals to Convene at Insight 2002: BindView's First Annual User Conference.

Business/Technology Editors

HOUSTON--(BUSINESS WIRE)--Aug. 5, 2002

Leading Industry Experts from NSA, Gartner Research, and BindView

to Share Perspectives on Security Management Best Practices

BindView Corporation (NASDAQ:BVEW), a leading provider of IT security management solutions, today unveiled the agenda for Insight 2002, its first annual user conference. Featuring keynote addresses from security industry experts Tony W. Sager, chief of the Systems and Network Attack Center (SNAC) at the National Security Agency (NSA) and John Pescatore, vice president of Gartner Research, Insight 2002 provides a forum for BindView customers, partners, resellers and consultants from around the globe to collaborate and share ideas for security management best practices. Insight 2002 will be held October 1-3, 2002 at The Venetian Hotel in Las Vegas.

With more than 35 track sessions and informal "Ask the Expert" forums featuring BindView senior product architects and RAZOR team members, Insight 2002 offers IT professionals and security experts an opportunity to network with peers and teams, and share practical strategies for implementing and maximizing BindView's products and services. This educational setting will also offer an opportunity for BindView experts and Insight 2002 attendees to discuss challenges organizations are facing in the security arena, including intrusion management, security for the .NET environment and policy compliance issues around GLBA, GISRA, HIPAA, and ISO17799.

"Given the dynamic nature of the security industry, BindView has always worked closely with our customers to help them reduce security risks and implement cost-effective security management practices. This conference will help our customers even further realize the value of the commitments they have made to BindView products," stated Eric Pulaski, president and CEO of BindView. "Insight 2002 provides a unique, information-packed forum for BindView to collaborate with customers, partners and prospects, and address some of the most pressing security challenges in the market today and in the near future. With an agenda that includes product previews of new security management solutions and discussions with security industry gurus, we expect Insight 2002 will be one of the must-attend security events for our customers."

Corporate sponsors for Insight 2002 include Microsoft, Hewlett-Packard and META Security Group. In addition to these exhibitors, the conference will also feature a partner pavilion for attendees to meet with a vast array of BindView's consulting, systems integration and technology partners. A hands-on lab will also be available for attendees to test new BindView products and learn how they can secure, automate, and lower the costs of managing IT infrastructures.

About BindView Corporation

BindView Corporation, the worldwide leader in providing host-based vulnerability assessment software, delivers proactive security management solutions to help safeguard computer systems and networks from security breaches before they occur. Unlike traditional approaches, the company's solutions work from the inside out to help protect business systems from both internal and external threats, thus reducing business risks. BindView's suite of cross-platform software and associated services help secure, automate and reduce the costs of managing information technology infrastructures. More than 20 million licenses of our solutions have been shipped worldwide to approximately 5,000 companies, including more than 80 of the Fortune 100 and 24 of the largest 25 U.S. banks. Contact BindView via e-mail at [e-mail] or visit BindView's World Wide Web Site at http://www.bindview.com. BindView can also be reached at [phone] or at [phone].

Statements in this news release not based on historical fact are "forward-looking" statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially because of factors such as, for example, the risks associated with: competition within the network management software industry; rapid technological change; BindView's ability to execute its revenue- and cost-related strategies; possible customer deferrals of significant purchases in view of uncertainties in the domestic and global economy and factors effecting "execution and marketing effectiveness". Other such factors include the risk factors and other matters described from time to time in BindView's Form 10-K filings, Form 10-Q filings, and other periodic filings with the Securities and Exchange Commission.

Editors Note: BindView(R), the BindView logo, and the BindView product names used in this document are trademarks of BindView Development Corporation, which may be registered in one or more jurisdictions. The names of products of other companies mentioned in this document, if any, may be the registered or unregistered trademarks of the owners of the products.