Yoggie Security Systems Completes A $ 1.8M Round of Investment; Three Investment Groups Join to Finance the Company's Initial Operations; The Yoggie(TM) Solution Will Address Business-Critical, Yet Un-Met, IT Security Challenges.

TEL AVIV, Israel -- Yoggie Security Systems, launched in 2006 by Mr. Shlomo Touboul, former founder and CEO of Shany Computers Inc., Finjan Software, Runway Telecom and Runway Telecom Venture Partners, today announced the completion of its initial investment round at a level of $1.8M. The company indicated it is considering extending the initial round with current and additional sources.

Two US based and one Israel based teams participated in the current round: a group of private investors from New York, headed by Early Bird Capital; a group of private investors from Silicon Valley, headed by Silicom Ventures; and a group of Israeli private investors.

The funds were raised so as to enable the company to complete its R&D path, and support marketing and sales efforts.

A unique solution, designed to address a major IT challenge for the first time.

Yoggie Security Systems offers a unique and innovative content security solution, designed to address yet-unmet business critical IT challenges. Market surveys conducted by Yoggie, as well as by leading research organizations that regularly analyze the IT Security domain, clearly identify the need for a solution of the kind to be available from Yoggie. The Yoggie platform, expected to be released at the end of 2006, integrates several hardware and software patents. It has already generated significant interest with several large multinational organizations, who have expressed the desire to be among Yoggie's first users as soon as it becomes commercially available. The Yoggie solution will benefit large enterprises, as well as small and medium businesses and home users.

Shlomo Touboul, founder and CEO of Yoggie Security Systems, said: "We are delighted to have generated the investment from these particular groups. We expect Yoggie to provide significant and immediate value to our customers, setting a new standard for the industry to follow."

About Shlomo Touboul

A veteran of the Israeli high-tech Start Up scene, serial entrepreneur ,as well as a computer scientist, Shlomo is the founder of many startups and hi-tech companies in Israel and the US:

--(1985)-Shany Computers Inc. Shany Computers Ltd. (first Israeli issued software patent in 1991) - acquired by Intel (1994).

--(1994/95)-Business Unit Manager at Intel (Network Management BU) responsible for a team of 300 members and $135M revenue.

--(1996)-Founder of Finjan Software and the inventor of behavior blocking technologies to combat new and unknown Viruses, Spyware, Malware etc. (4 issued patents since 1996).

--(2000/01)-Founder of Runway, Runway Telecom and Runway Telecom Venture Partners (with Alcatel) - act as seed stage venture fund / internet and telecom startup launching pad.

--(2001)-Called by Finjan BOD to turn around Finjan Software: from near bankruptcy (2001) to a WW leader in behavior blocking security appliance, acquired strategic investments from Cisco, Microsoft and a unique patent licensing contract with Microsoft.

--Founder of Yoggie 10/2005.

--yoggie is a registered trademark