V-ONE Corporation Secures National Anti-Terrorism Alert System; V-ONE's SmartGate Solution Will Secure Expansion of The FBI Law Enforcement Online Network.

Business Editors/High-Tech Writers

GERMANTOWN, Md.--(BUSINESS WIRE)--Oct. 27, 2003

V-ONE Corporation (OTCPK:VONE), a leading Internet security technology company, today announced the sale of multiple user licenses to the FBI through its government contractor, Science Applications International Corporation (SAIC). This order valued at approximately $400,000 will support the first phase in the National Anti-Terrorism Alert System deployment which is an important part of a series of planned expansions for the Law Enforcement Online (LEO) program.

"The addition of the National Alert System (NAS) to the LEO network will help ensure our homeland defense," said Craig Sorum, FBI Supervisory Special Agent and Chief of the LEO Unit at FBI headquarters in Washington, DC. "We will deliver secure, authenticated and timely alerts on terrorist-related activities to 20,000 watch command centers across the nation in five minutes, giving them the critical information they need in real time...before they hear it in the media." The NAS will also send wireless and unsecured notifications of alert messages to over 150,000 devices to insure that designated command personnel are aware of important information as soon as it becomes available.

LEO is an integral element as U.S. law enforcement and intelligence agencies move to share sensitive information on an unprecedented scale. Formed through a cooperative partnership between the FBI and Louisiana State University (LSU), LEO is a criminal justice/public safety extranet, currently serving all levels of the law enforcement community as well as certain components of the military and intelligence communities. LEO membership continues to grow exponentially. Its unique value is its ability to deliver secure communications services, topical information and distance learning to local, state, and federal law enforcement on an any time, any place basis. The LEO system has become a critical tool in equipping officers with the ability to securely share information that provides an enhanced capability to investigate crimes that involve a coordinated effort across United States law enforcement operations, such as violent crime, money laundering, organized crime, counter-terrorism, and most recently Homeland Security initiatives.

LEO is interconnected with the Regional Information Sharing Systems (RISS) Program network that provides services to sworn officers in more that 6,000 criminal justice agencies. The RISS/LEO network forms a backbone architecture for law enforcement connectivity that has been recommended by the Global Justice Information Sharing Initiative's (Global) Intelligence Working Group (GIWG) for implementation of a nationwide intelligence sharing capability.

"Information technology is playing a central role in meeting the tremendous secure information sharing requirements that our government faces," stated Margaret Grayson, president and CEO of V-ONE Corporation. "The essential services provided by LEO and the anti-terrorism alert system are critical to our national security, and V-ONE is pleased to be a part of the total secure information-sharing solution."

With the purchase of the licenses for the National Anti-Terrorism Alert System, V-ONE now provides the secure information sharing technology for over 100,000 users in national and international law enforcement, homeland security, and first responder communities. V-ONE's SmartGate security provides a conduit for thousands of these organizations to share sensitive information. V-ONE's SmartGate solution also ensures that access to the sensitive information remains under the total control of the information owner.

"Reaching 100,000 users in the extended law enforcement community is a significant milestone for V-ONE," stated Doug Hurt, V-ONE's Vice President of Sales & Marketing. "This secure information sharing virtual backbone enabled by V-ONE SmartGate technology can be leveraged quickly and cost effectively by other law enforcement organizations. In fact this proven enterprise model for securely sharing information can be replicated for any government or commercial organization."

About V-ONE Corporation

Providing enterprise-level network security protection since 1993, V-ONE Corporation's flagship product is SmartGate(R), a client/server Virtual Private Network technology. Fortune 1000 corporations, healthcare organizations and sensitive government agencies worldwide use SmartGate for their integrated authentication, encryption and access control. With its patented client deployment and management capabilities, SmartGate is a compelling solution for remote access intranets and secure extranets for electronic business between trading partners, for both conventional and wireless networks. V-ONE is headquartered in Germantown, MD. Product and network security information, white papers and the company's latest news releases may be accessed via www.v-one.com.

This release, other than historical financial information, may consist of forward-looking statements that involve risks and uncertainties. These statements may differ in a material way from actual future events. For instance, factors that could cause results to differ from future events include rapid rates of technological change and intense competition, extended sales cycles, rate at which results of marketing initiatives can be determined, and the level and timing of acceptance and implementation of the Company's products with existing customers, among others. Readers are also referred to the documents filed by V-ONE Corporation with the SEC, specifically the Company's latest report on Form 10-K, which identifies important risk factors for the Company.

V-ONE, SmartGate, SmartGuard, SmartPass, SmartWall and "Security for a Connected World" are trademarks or registered trademarks of V-ONE Corporation. All product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.