COUNTERPANE ANNOUNCES EXTENSIVE DISTRIBUTION AGREEMENT WITH VERISIGN

Counterpane Managed Security Monitoring to be included in VeriSign Managed Security Services

Verisign press release

CUPERTINO, Calif., May 28, 2002 -- Counterpane Internet Security, Inc., developer and acknowledged leader of Managed Security Monitoring (MSM) services, announced today a distribution agreement with VeriSign, Inc., the leading provider of digital trust services. Under the terms of the agreement, VeriSign will provide Counterpane's MSM services as part of its managed security services portfolio.

"This managed services distribution agreement adds another level of depth to the excellent working relationship we have with VeriSign," said Tom Rowley, President and CEO of Counterpane Internet Security. "VeriSign's reputation as a premier global security company and their inclusion of Counterpane's MSM as a core element in their portfolio of services adds value to VeriSign's security offerings while continuing to propel Counterpane into numerous corporate networks.

"Counterpane's unique combination of technology and processes makes them singularly capable of detecting attacks in progress and responding to them," said Marshall Hudes, Director of Managed Services at VeriSign. "After looking at every company that claims to do network security monitoring, we concluded that Counterpane has the most comprehensive monitoring service offering. Combining Counterpane's MSM service with our ability to configure and manage network security devices allows us to offer our customers a complete security solution."

About Counterpane

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.

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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.