Comodo Acquires Assets of Privacy Software Corporation (PSC)

Released on = April 2, 2007, 6:52 am

Press Release Author = Comodo Group

Industry = Software

Press Release Summary = Kevin McAleavey, founder of PSC, to join Comodo and lead the
development of next- generation versions of flagship anti-malware products NSClean,
IE Clean and BOClean


Press Release Body = Jersey City, NJ (April 2, 2007) - Comodo, a global
Certification Authority and leading provider of Identity and Trust Assurance (ITA)
Management solutions, announced today the acquisition of the assets of Privacy
Software Corporation (PSC), a privately-owned company that develops security
technology for the detection of malware, trojans, spyware and rootkits. Acquired
solutions include NSClean, IEClean, BOClean and FileVac.

The acquisition extends Comodo\'s leadership in threat management, which began with
firewall technology and has continued with recent moves into anti-spyware,
anti-virus and anti-spam technology. Comodo will continue to market the former PSC
solutions as standalone offerings as well as incorporate these products into
Comodo\'s desktop security solution suite.

\"This acquisition supports Comodo\'s strategy to create a best-in-class desktop
security suite, and we are delighted to add to our business Kevin McAleavey\'s
expertise and PSC\'s products, with their well-earned reputation for quality and
independence,\" said Melih Abdulhayoglu, President and CEO of Comodo. \"We intend to
provide PSC with the resources to continually improve the quality of Comodo
solutions. Kevin\'s extensive depth in detection technologies will bring a new level
of protection to users and increase Comodo\'s current momentum towards becoming the
dominant leader in the desktop security segment.\"

This acquisition reinforces Comodo\'s commitment to provide a tightly integrated
approach to desktop security through technologies that develop extensive white lists
in combination with superior approaches for malware detection. Helping customers
protect their computers with the highest quality desktop solutions is an important
objective for Comodo so that consumers can interact online with trusted access while
also dynamically responding to threats.

Sold via the Web, PSC will continue to support current customers without any
disruption to services or scheduled updates. The company intends to release BOClean
4.23 in April. All support questions should continue to be sent to
support@nsclean.com

Financial details of the transaction were not disclosed.

About Privacy Software Corporation

Since 1997, Privacy Software Corporation has been committed to providing the most
advanced and comprehensive privacy and security tools available to Internet users.
As the threats continue to evolve, PSC continues to remain ahead of the curve with
the tools required to address these challenges. PSC\'s mission is to provide and
maintain a high level of system protection, ease of use and user satisfaction.

About Comodo

Comodo, through its group of Internet security companies, is a leading Certification
Authority and global provider of Identity and Trust Assurance services on the
Internet. Comodo secures and authenticates online transactions and communications
for over 1,000,000 businesses and millions of consumers. With a global presence in
the US, UK, Ukraine, and India, Comodo offers businesses and consumers
third-generation solutions for intelligent security and authentication technologies
that create trust online. Comodo\'s technological expertise includes PKI digital
certification, integrated authentication infrastructure services, regulatory
compliance solutions, and digital e-commerce services.

The Comodo companies develop technologies that address critical authentication and
security needs with proven and reliable solutions such as SSL certificates, Mutual
Authentication solutions, PCI compliancy services, Web Content authentication,
Authentication email solutions, Desktop Security solutions, Code signing
certification, digital e-commerce white list technologies, Two Factor identity
assurance and vulnerability management solutions.

For additional information on Comodo - Creating Trust OnlineT visit www.comodo.com

Web Site = http://www.comodo.com

Contact Details = +1 888 266 6361
media-relations@comodo.com
http://www.comodo.com

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