COUNTERPANE INTERNET SECURITY, INC. JOINS SELECT GROUP AS A COMPUTERWORLD TOP 100 EMERGING COMPANY FOR 2002

Counterpane is recognized for its rapid growth and innovation in Managed Security Monitoring (MSM) services

CUPERTINO, California - December 3, 2001 - Counterpane Internet Security, Inc., developer and leading provider of Managed Security Monitoring, today announced their selection as a Computerworld Top 100 Emerging Company for 2002. The company was chosen because of its demonstrable value to its customers, its rapid growth and its innovation in delivering a new information security service to enterprises, Managed Security Monitoring (MSM).

Organizations ultimately selected as Computerworld Top 100 Emerging Companies for 2002 are those companies that are making significant, innovative contributions to the IT industry and corporate computing, and are worth watching in the year ahead.

"It is a great honor to be nominated and selected for this prestigious award," said Tom Rowley, President & CEO of Counterpane Internet Security, Inc. "We have built our company on innovation with a team of "out-of-the-box" thinkers and doers. Our business model of vigilantly monitoring customer networks, detecting intrusions as they occur, and rapidly responding to remedy network intrusions, continues to expand because we offer our customers a solid value-added service in reducing their risk of conducting business electronically."

To select the Top 100 Emerging Companies, a panel of Computerworld editors and a select group of information technology industry influencers representing senior-level executives who are both providers and users of IT reviewed nominations from for-profit ventures with revenue less than $250 million and that were founded no earlier than 1996. Of those nominations, a final list of 100 innovators was chosen based on the following criteria:

• The company and its technology offer demonstrable value to corporate IT operations; the product or service addresses problems or challenges that IT managers face.
• The company is innovative; the product or service presents a new and creative approach to an IT issue and competes in a relatively new or emerging market; the product or service is viable.
• The company demonstrates positive signs of an ability to execute its strategy (revenue, revenue growth, funding, and stable management team).

"In selecting the Computerworld Top 100 emerging companies for 2002, the editors and panel members emphasized innovation," said Maryfran Johnson, editor in chief of Computerworld. "These companies are creating products or services that present a new and creative approach to an IT issue, while demonstrating that they have the foundation, vision, and strategy to succeed in the years ahead."

About Counterpane

Counterpane Internet Security, Inc. is the developer and leading provider of Managed Security Monitoring. Established in 1999 by entrepreneurial expert Tom Rowley and security technologist and author Bruce Schneier, Counterpane addresses the critical need for increased levels of security services. Centered on a network of sophisticated Secure Operations Centers, staffed by expert security analysts, the Company provides 24x7 monitoring, as well as penetration detection and response. Counterpane's Managed Security Monitoring services enable e-business to be conducted safely. 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.

About Computerworld

Based in Framingham, Mass., Computerworld, Inc. is a complete information services company for the IT Leader community, providing print and online publications, books, conferences and research services. The company's flagship weekly newspaper for IT Leaders has been recognized numerous times by Folio: Magazine and the Computer Press Association as the best computer newspaper. With a circulation of 250,000, Computerworld has a total audience of 1,694,000, according to IntelliQuest CIMS v.8.0. News and resources for the IT Leader community are available at www.computerworld.com.

Computerworld is a business unit of IDG, the world's leading technology media, research and event company. IDG publishes more than 300 magazines and newspapers and offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 300 targeted Web sites in 70 countries. IDG is also a leading producer of 168 computer-related events worldwide, and provides IT market analysis through 51 offices in 43 countries worldwide. Company information is available at www.idg.com.

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Counterpane is a trademark of Counterpane Internet Security, Inc. All third-party trademarks are the property of their respective owners.