September 21, 2004

DeepNines Hires Former Extreme Networks Executive Jim Binder as New VP of Engineering

DALLAS, TEXAS - In an effort to strengthen an already solid executive team, DeepNines Technologies has hired James S. Binder as vice president of engineering. Binder joins DeepNines after serving as senior engineering director of the LAN access business unit at Extreme Networks.

"The DeepNines Security Edge Platform guards networks from a unique position outside of the router, which requires our engineering staff to continuously evolve with the industry trends." said DeepNines president and COO Dan Jackson. "With Jim's tremendous skills and expertise, we will accelerate the design and development of our next generation technology that will continue to thrive at the edge, where no other security offering resides. With his impressive track record and knowledge, he will immediately steer us toward greater technological efficiency and accelerated performance."

As vice president of engineering for DeepNines, Binder will be based at the company's research and development center in San Diego, Calif., where he will guide the development of the DeepNines road map for the Security Edge Platform. Previously the senior engineering director at Extreme Networks, Binder was responsible for product development architecture strategies and led a development team to deliver patented technologies in a highly competitive market.

Binder also served as vice president of engineering at Bytemobile Inc., where he was responsible for the rapid growth and success of the engineering department. Binder also served as vice president of software engineering with Nexsi Systems Corporation, where he led the software development team whose release won "Best-in-Show" honors at the 2001 Networld/Interop show for its ability to route application data and speed up Internet connections. As holder of four U.S. patents and a participant in IETF and IEEE standards working groups, he also held multiple director positions and completed numerous software development projects during his 11-year tenure at 3Com Corporation.

"DeepNines is a company with a great vision and an ardent desire to innovate the security landscape," stated Binder. "This company has a bright future ­ their execution strategy, management team and partner relations are postured to capture a strong position. I'm looking forward to being a part of the DeepNines development and management teams and excited about providing leading security technology solutions in our identified industry markets."

About Deep Nines Inc. DeepNines offers a scalable security platform for Global 2000 companies with a vertical market focus in education, government, telecommunications, energy and financial services. The DeepNines Security Edge PlatformT integrates intelligent firewall, intrusion prevention, best-of-breed secure content management, forensics and reporting. It operates outside the network infrastructure, improving organizations' security "deep into the nines." DeepNines' Security Edge Platform, the company's patent-pending security system, is a fully automated signature and behavior-based, intrusion prevention and traffic management system preventing known and unknown attacks from entering an organization's network. The Security Edge Platform runs on Solaris and Linux platforms from Sun Microsystems. To learn more about Deep Nines visit www.deepnines.com.