Press Release

Code Green Networks Founded to Develop Ground-Breaking Enterprise Content Security Solution

Founders Also Started and Built SonicWALL Into a Leading Internet Security Company

SUNNYVALE, Calif. – October 6, 2004 – Code Green Networks today announced that the company has begun development of an enterprise content security solution that will address one of the greatest challenges organizations now face – protecting sensitive content from unauthorized disclosure by trusted insiders. Founded and funded by Sreekanth Ravi and Sudhakar Ravi, Code Green Networks will deliver a solution that provides real-time enterprise content monitoring and protection and enables the registration, tracking, analysis and safeguarding of confidential information at both the network and client levels. The founders have provided $2 million in seed funding, which will be used in building a research and development team to begin product development.

“Content leaks from within companies are consistently identified as the most frequent and costly type of security breach, but traditional authentication and intrusion prevention products do not shield content from internal threats,” said Sreekanth Ravi, cofounder, chairman, president and chief executive officer (CEO) of Code Green Networks . “Code Green Networks will deliver an enterprise content security solution that enables organizations to implement data security policies, at both the network and client levels to mitigate these risks.”

“Companies are realizing that protecting enterprise content from internal threats is complex, and the ever-growing amount and types of data, as well as the range of communication channels and devices, add to the challenge,” said Sudhakar Ravi, cofounder and chief technology officer (CTO) of Code Green Networks. “The Code Green Networks' solution will radically improve how organizations secure enterprise content – both structured and unstructured – by automatically detecting, monitoring and preventing unauthorized disclosure of data.”

About the Founders

Sreekanth Ravi

As cofounder, chairman, president and CEO of Code Green Networks, Sreekanth will direct the company’s strategy and bring its enterprise content security solution to market. Before Code Green Networks, Sreekanth was cofounder, chairman and chief executive officer of SonicWALL (NASDAQ: SNWL), a leading provider of internet security solutions, for more than 10 years, from inception through a successful initial public offering. Under his leadership, the highly profitable company grew annual sales to more than $100 million, established a worldwide channel of more than 10,000 value-added resellers and developed partnerships with Cisco (NASDAQ: CSCO), 3Com (NASDAQ: COMS) and Network Associates (NASDAQ: MFE). Sreekanth earned a Bachelor of Science in electrical engineering from the University of Illinois, Champaign-Urbana.

Sudhakar Ravi

As cofounder and CTO of Code Green Networks, Sudhakar will direct all of the company’s development efforts and the design of its products. Prior to founding Code Green Networks, Sudhakar was cofounder, chief technology officer and vice president of engineering at of SonicWALL (NASDAQ: SNWL). He holds a Masters Degree in computer science from Stanford University and a Bachelor of Science in computer engineering from the University of Illinois, Champaign-Urbana.

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.