ONLINE CURRENCY EXCHANGE CURRENEX RELIES ON COUNTERPANE'S MANAGED SECURITY MONITORING (MSM) TO MONITOR THEIR GLOBAL NETWORK

Currenex sees significant Return on Investment (ROI) from Counterpane's MSM

CUPERTINO, Calif., April 02, 2002 - Counterpane Internet Security, Inc., developer and acknowledged leader of Managed Security Monitoring (MSM), announced today a renewal contract to continue to provide MSM services world-wide to Currenex, the world's leading multi-bank online currency exchange.

"Financial markets can't operate without security," said Dr. James Kleckner, Currenex's Chief Technology Officer. "We have Fortune 100 companies doing multi-million-dollar transactions on our systems every day. These companies expect their information to remain private. Counterpane's Managed Security Monitoring is critical to delivering the Currenex service."

Currenex relies on Counterpane to monitor its network against attack, both internal and external. "Because Counterpane monitors both our perimeter security devices and our internal routers and servers, they can provide a level of monitoring that no one else can match," said Dr. Kleckner. "Over the past year, Counterpane's MSM has drastically reduced the amount of time Currenex's lead security engineer spends chasing false alarms. Counterpane pays for itself many times over during the course of a year."

"We've been with Counterpane for a year and a half now," states Dr. Kleckner. "No other company out there is purely focused on monitoring and comes as highly recommended as Counterpane. They are core to our security strategy."

"Currenex uses the Internet to provide a new currency trading marketplace, but the Internet also brings new risks," said John Bruce, Executive Vice President at Counterpane. "Counterpane's MSM service allows businesses to embrace the Internet safely. We protect enterprises doing business electronically, anywhere they work, and any time of the day or night. Currenex is leading the evolution of global currency trading, and they're protecting their customers with the most sophisticated security monitoring available."

Counterpane Internet Security, Inc.
Counterpane Internet Security, Inc. is the innovator and acknowledged leader in providing Managed Security Monitoring (MSM) services. MSM combines people and technology to safeguard businesses. Working from a network of technically sophisticated Secure Operations Centers (SOCs) and using progressive analysis tools, Counterpane has built the most advanced analysis, correlation, detection, and diagnosis technology, comprising a Sentry monitoring probe on the customer's network and the Socrates knowledge base inside the SOCs. Using this technology, Counterpane's expert Security Analysts are able to detect security incidents--both external intrusions and insider attacks--in real time, and tailor immediate, effective responses for its customers. The company is funded by Accel Partners, Amerindo Investment Advisors, Inc., Bessemer Venture Partners, Dell, Deutsche Bank, Goldman Sachs, and Morgan Stanley Dean Witter Equity Fund. Headquarters are located at 1090 La Avenida, Mountain View, California, USA. Phone: 650-404-2400, Fax: 650-903-0461, Website: www.counterpane.com.

Currenex, Inc.

Currenex (www.currenex.com) provides the first operational global currency exchange open to institutional buyers and sellers worldwide. Its Internet-based service, FXtrades, is a real-time foreign exchange platform that provides a total trading solution from initiation and execution to settlement and reporting. Currenex has multinational customers including MasterCard International, Royal Dutch/Shell Group and Intel Corporation as well as 45 global, market-making banks including Barclays Capital, Merrill Lynch and ABN Amro. Founded in 1999, the company has offices in California, Chicago, New York, London and Singapore.

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