Press Release

Code Green Introduces New Features to Help Companies Comply with FTC Privacy Guidelines and FRCP Requirements

New WebMail Inspection and Blocking and Integrated Email Encryption Features Help Businesses Automate Compliance with Federal Privacy and Discovery Guidelines

SANTA CLARA, Calif. – July 25, 2007 – Code Green Networks, a leading developer of data loss prevention solutions for protecting customer data and intellectual property, today announced a major new upgrade to its Content Inspection (CI) Appliance. This new version adds enhanced WebMail protection and on-board email encryption to help businesses automate compliance with new Federal guidelines for data privacy and legal discovery regulations.

New guidelines issued in April, 2007 from the Federal Trade Commission (FTC) recommend that companies monitor and encrypt their electronic business communications to help protect the privacy of employee and customer data. Recent changes in the Federal Rules of Civil Procedure (FRCP), which became effective in December, 2006, have focused attention on potential legal issues associated with employees using personal WebMail accounts to transmit confidential or sensitive information over unmonitored corporate networks.

“With the average cost of a data breach now exceeding one hundred dollars per record and over four million dollars per incident, our customers want to protect and secure their sensitive business communications for both economic and compliance reasons” states Sreekanth Ravi, founder, chairman and CEO at Code Green Networks. “The new, integrated email encryption and WebMail protection capabilities in the CI Appliance now enable companies to easily protect and secure their private data in a cost-effective manner with a single, easy-to-use appliance.”

The CI Appliance now includes complete monitoring and enforcement capabilities for all popular WebMail services including Google Gmail, MSN Hotmail, AOL Mail, Windows Live Mail and Yahoo! Mail. Custom parsers in this new release enable WebMail communications to be monitored for sensitive content, recorded for auditing and discovery purposes, and blocked using an ICAP proxy server such as Blue Coat.

“As a technology company that has recently gone public, it is absolutely imperative to have air-tight security measures in place to ensure that the movement of critical information, including proprietary source code, are continuously monitored and secure,” said Brad Pollard, VP of IT and Operations at SourceFire. “The Code Green Networks solution enables us to protect our most sensitive intellectual property -- at both the network and endpoint locations."

On-board email encryption using the Voltage Security Network is now included on the appliance, enabling companies to set policies to automatically encrypt authorized data transmissions. When the CI Appliance detects an authorized email containing personal data or other content, it encrypts the message to ensure its security. A log entry is automatically generated providing an audit trail record for compliance purposes. The new release of the appliance also adds direct connectors for protecting data stored in Oracle and Microsoft SQL Server databases and WebDAV content repositories such as Microsoft’s SharePoint.

"For financial institutions, protecting account information is always a primary concern,” said Dan Stake, CEO of Signal Financial Federal Credit Union, "The Code Green Networks CI Appliance provides us with a powerful and easy way to enforce our data protection policies across the board."

The Code Green Networks CI Appliance inspects content flows and enforces policies in all of the most widely used TCP protocols including SMTP, FTP, HTTP, IM and WebMail. The appliance-based solution resides at a company’s Internet gateway to monitor content flows on the corporate network and automatically enforce protection policies to log, alert, retain, block, encrypt or re-route transmissions. The CI Appliance protects both structured and unstructured data in over 400 different file formats including Microsoft Office documents, CSV files, CAD drawings, image files, rich media and industry-specific application formats.

The CI Appliance is available now to serve a wide range of customers from those with one hundred network users up to ten thousand network users. For more information, please visit www.codegreennetworks.com.

About Code Green Networks

Code Green Networks delivers data loss prevention solutions that protect private employee and customer information and safeguard intellectual property across all electronic communications channels. The company’s easy-to-deploy, easy-to-manage content inspection appliances rapidly detect and prevent potential data leaks, helping organizations automate compliance and mitigate risks from internal breaches that can result in loss of revenue, financial penalties and irreparable damage to a corporation's image, brand and customer loyalty.

All products mentioned in the release are trademarks or registered trademarks of Code Green Networks. All other trademarks, trade names and product names are used solely for the purpose of identification and are the property of their respective owners.