Trend Micro Teams with Compaq to Offer Antivirus Security Services for Compaq Exchange Utility Service Customers.

ATLANTA--(BUSINESS WIRE)--Oct. 5, 1999--

Compaq Licenses Trend Technology to Protect Against Email-borne

Viruses for Customers Outsourcing Management of Their

Microsoft Exchange Environments

Trend Micro, Inc. (Nasdaq:TMIC, Japan OTC: 4704), a leading developer of antivirus software and Internet-based security services, today announced a marketing and technology licensing agreement with Compaq Computer Corporation (NYSE:CPQ), enabling Compaq to offer its Exchange Utility Service customers email virus scanning as a value-added component of its current service offering.

With this announcement Compaq becomes a Trend eDoctor Global Network Service Provider. The Trend eDoctor Global Network is a worldwide Internet antivirus service initiative designed to build malicious code protection right into the Internet Infrastructure. The Trend eDoctor Global Network is comprised of managed service providers who have partnered with Trend Micro to provide their customers with value-added Internet antivirus security services.

Compaq is licensing technology found in Trend Micro's award-winning ScanMail(R) for Microsoft Exchange software to scan and remove viruses from its customers' incoming and outgoing email. Compaq Exchange Utility Service customers will now further benefit from outsourcing management of their Exchange email antivirus to Compaq's specially trained messaging and security experts for a fixed, per-user monthly fee, eliminating the need to invest in additional hardware and skilled system administration staff.

Customers using the service will have their networks protected from Internet-borne email viruses traveling in Microsoft Exchange environments that can compromise information security and contribute to user "downtime." Viruses and other malicious code traveling in email attachments will be blocked at the Exchange server, before they have a chance to enter the network, spread, and do damage. By outsourcing their Exchange email virus protection efforts, businesses will be able to reduce the cost and downtime risk of costly viruses and be better able to control both the quality and the cost of their antivirus management.

"We're excited about partnering with Compaq Services to provide antivirus security services," said Bernie Wu, vice president of sales and marketing at Trend Micro's Internet Service Group. "It's a significant expansion of the relationship we established last April with Compaq with respect to their Active Answers Internet Security Initiative and will provide significant benefits to their customers."

"Increased security is very important to our customers, given their reliance on reliable messaging and collaboration," said Nigel Bufton, vice president of strategy, marketing, and sales, Compaq eBusiness Management Services. "With the addition of Trend Micro's superior antivirus technology to Compaq's global messaging infrastructure services, Compaq FutureSourcingSMcustomers are further assured they can conduct business confidently while leaving the management of their email systems in the hands of experts."

Organizations increasingly rely on Microsoft Exchange for mission-critical communications -- integrated email, group scheduling, electronic forms, groupware and Internet capabilities -- to collaborate on vital projects. Always leading the industry with innovative antivirus technology solutions for customers, Trend Micro was one of the first companies to recognize the threat posed by Internet-borne viruses traveling in email attachments and in November, 1996, announced the first server-based antivirus solution specifically designed for the Microsoft Exchange environment. Today, ScanMail for Exchange is one of the most stable and scalable antivirus solutions on the market.

About Compaq's Microsoft Exchange Utility Service

The Exchange Utility Service, part of Compaq's FutureSourcing portfolio, provides customers complete lifecycle management of their Microsoft Exchange environment for a fixed monthly price per seat. The service covers a broad spectrum of management needs based on proven methodologies and experience to offer customers predictable costs, accurate budgeting, and rapid deployment of services. Lifecycle services range from acquisition and implementation to training, support, and integration of new capabilities, helping customers reduce their cost of ownership and administrative workload, and minimize retraining of employees.

Notice Regarding Forward Looking Statements

Forward-looking statements in this release include, but are not limited to, statements regarding the development of Internet-based technology and a recurring-revenue business model. The forward-looking statements involve risks and uncertainties including, but not limited to, the timing of new product introductions and the lack of market acceptance for new products, and other risks indicated in the Risk Factors section of Trend Micro's prospectus dated July 7, 1999 relating to the recent offering of the Company's shares and ADSs. The prospectus is on file with the SEC. Actual results could differ materially. Trend Micro assumes no obligation to update this information.

About Trend Micro

Trend Micro provides centrally controlled server-based virus and malicious code protection and enables Internet-based security services. By protecting information that flows through Internet gateways, email servers and file servers Trend Micro helps major companies worldwide stop viruses and other malicious code from a central point before they ever reach the desktop.

Trend Micro's award-winning products have been chosen by Compaq, Check Point Software Technologies, Cisco Systems, Hewlett-Packard, IBM, ISS, Lotus, Lucent Technologies, Microsoft, Oracle, Pilot, Sprint, Sun Microsystems and U S WEST as part of their server security solutions.

Trend Micro's corporate headquarters is located in Tokyo, Japan, with business units in North and South America, Europe, Asia, and Australia. The North American head office is located in Cupertino, CA. Trend Micro's products are sold through a network of corporate and value-added resellers.

Evaluation copies of all of Trend Micro's products may be downloaded from its award-winning site, http://www.antivirus.com. Web site visitors may also test-drive products online through Trend Micro's Virtual Lab.