TraceSecurity Expands Executive Management Team; Signs 500th Customer.

BATON ROUGE, La. -- TraceSecurity, a leading provider of on-demand security compliance management solutions, has strengthened its management team by promoting Dariel LeBoeuf to Senior Vice President of Channels and Business Development and adding Ken Berridge as Executive Vice President of Worldwide Sales. The company also recently signed its 500th customer, yielding record growth in 2006.

LeBoeuf joined TraceSecurity in 2004 as Vice President of Sales, where he was instrumental in building and managing the sales team. In his new role, he will focus on increasing awareness of TraceSecurity's offerings by opening new channels of sales as well as forming strategic alliances with other industry technology leaders to expand the company's revenue opportunities.

"Since we recently signed our 500th customer, Dariel's promotion and Ken's addition to the executive team comes at a very exciting time for TraceSecurity in terms of growth," said Pete Stewart, CEO of TraceSecurity.

Berridge brings more than 30 years of professional experience in the technology industry to TraceSecurity. As Executive Vice President of Worldwide Sales, Berridge is responsible for continuing TraceSecurity's growth in the U.S. while exploring global market opportunities. He will also expand the sales force and further develop new sales initiatives to expand the company. His diverse background includes business management, sales and technical aspects associated with developing, marketing, selling and deploying complex business software solutions and IT services.

"Ken's 30 years of industry sales experience will help TraceSecurity exceed our revenue goals in the United States, as well as expand aggressively in the international marketplace," Stewart said. "We are extremely pleased Ken is joining our team."

About TraceSecurity

TraceSecurity is a leading provider of on-demand security compliance software and services. The company's patent-pending enterprise solution, TraceSecurity Compliance Manager, helps customers satisfy national and international data security compliance requirements mandated by such regulations as GLBA, Sarbanes-Oxley, and HIPAA. The software's patent-pending technology automates vulnerability testing, policy management, employee education and board-level reporting. More than 500 global enterprises in the financial services, insurance, healthcare, government, manufacturing and services industries rely on TraceSecurity to continually test and improve the computer security of their companies.

TraceSecurity's products and services include: Risk Assessments, Security Assessments, Two Factor Authentication solutions, Anti-Phishing Solutions, Penetration Testing, Application Testing, Social Engineering, Security Awareness training, and On-demand Vulnerability and Compliance Assessment software. Headquartered in Baton Rouge, La., TraceSecurity maintains offices in Houston, Austin, and Dallas; Portland, Ore.; Columbus, Ohio; Cupertino, Calif., Salt Lake City and San Diego. The company can be reached by phone at 877.275.3009 or on the Web at www.tracesecurity.com.