COUNTERPANE INTERNET SECURITY SIGNS NETCERTAINTY AND OPENREACH FOR ITS MANAGED SECURITY MONITORING SERVICE

Web development tool and service companies rely on Counterpane

San Jose, Calif., February 12, 2001 - Counterpane Internet Security, Inc. today announced that NetCertainty and OpenReach have signed service agreements for Counterpane to provide its Managed Security Monitoring (MSM) service. Counterpane's MSM service was launched in April 2000 and provides 24/7 monitoring of networks for unauthorized access, customer response and resolution, and intelligence data gathering and analysis. These new customers expand Counterpane's reach to the high-growth area of web development tools and services.

"We are pleased to work with NetCertainty and OpenReach," says Tom Rowley, Counterpane President and CEO. "They play an important role in the Internet economy by providing web development tools and unique VPN services that enable their customers to build their own secure Internet infrastructures to suit their unique business requirements. Our MSM service complements NetCertainty's and OpenReach's solutions, as well as represents an important competitive differentiator for both organizations."

"NetCertainty's digital identity hosting service enables businesses and individuals to authorize legally-binding transactions over the Internet without traditional handwritten signatures and proof of identity," according to Timothy Gelman, CEO of NetCertainty Inc. "Essentially, our technology lets organizations trust the integrity of their Internet transactions with partners, customers, and employees. With Counterpane's MSM service, we are adding another layer of security and protection that is a critical success factor in driving transactional security for Internet-based trade."

"OpenReach VPN Services enable any sized business to use the Internet for secure, private communication," stated Jonathan Harwood, Executive Vice President, Network Operations, OpenReach, Inc. "Counterpane's services ensure that the entire OpenReach network, including the network operations center, data centers, the services infrastructure, and customer data is secure against hackers and unauthorized access. Having Counterpane's team of security experts monitor the management platform for our clients' secure office-to-office connections is a value-add that most customers could not easily or affordably replicate."

Internet Business Model

"According to IDC, the worldwide market for security services will increase from $5.5 billion in 1999 to $17.2 billion in 2004. The market opportunity for Counterpane's MSM service is large and growing," says Tom Rowley. Businesses with significant Internet commerce activities are concerned about security and integrity of customer data. We see significant demand for our services from at least five distinct customer categories from within the Internet business community. Our new customers, NetCertainty and OpenReach, for example, are leaders in what we call the 'Technology Platform Supplier' segment," notes Rowley. "Our market development activities, since day one, have focused on providing monitoring services to these high-growth customer segments."

About NetCertainty

NetCertainty Inc. provides hosted services for digital identity authentication, electronic signatures, and document validation and management for individuals and companies doing business in the new Internet economy. NetCertainty's patent pending technology works independent of location, platform and device. This allows businesses to easily execute secure transactions with employees, customers and partners, without the procedural and technological burdens of traditional digital signature systems. Headquartered in Atlanta, Georgia, NetCertainty was founded in 1999. The company is a member of the Advanced Technology Development Center at Georgia Tech, a public/private incubator in Atlanta that has helped launch a number of successful Internet businesses. For more information on NetCertainty, contact Debby Robic at 770-673-0345, ext. 233 or debby@netcertainty.com.

About OpenReach

OpenReach software-based VPN Services transform any collection of broadband Internet connections into a secure business data network, enabling any size company to build global intranets and extranets in hours. OpenReach VPN Services let customers empower employees with timely access to business critical information, engage partners and suppliers with business extranets, and improve customer relationships through secured access to automated services, all while lowering costs, increasing security and improving network performance. Learn more about OpenReach at www.openreach.com.

About Counterpane

Counterpane Internet Security, Inc. was established in 1999 by entrepreneurial expert Tom Rowley and security technologist and author Bruce Schneier to address the critical need for increased levels of security services. Centered around a network of sophisticated Secure Operations Centers, staffed by expert security analysts, the Company provides 24/7 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 in Mountain View, CA, USA. Phone: 650-404-2400, Fax: 650-903-0461, Website: www.counterpane.com.

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Note to Editors: Please see the Addendum to this release for a brief description of Counterpane's Internet Business Model.

Counterpane is a trademark of Counterpane Internet Security, Inc. All other companies, brand names or products are trademarks or registered trademarks of their respective companies.

ADDENDUM

Counterpane Internet Business Model

Counterpane's business acquisition roadmap defines five different types of customers that, over time, will drive adoption of the Company's Managed Security Monitoring (MSM) service. New customers announced in recent months validate Counterpane's vision of how the market for its services will unfold.

• Internet Infrastructure Vendors: deliver critical networking, hosting, and managed services to customers who prefer to outsource some or all of their enterprises' e-business infrastructure
• Technology Platform Suppliers: those companies that offer web development tools to help organizations build their own Internet infrastructures Counterpane
• Application Service Providers: companies that host mission-critical applications for customers that choose to focus on their core business strengths and expertise rather than dedicate resources to deploying and maintaining complex software
• Applications Developers: companies that produce a broad range of e-commerce and business-specific programs
• Enterprises: include end-user customers who want to enhance their security infrastructure with Counterpane's MSM service without devoting significant internal resources to achieve a comparable level of security