SOURCE: Liquid Machines, Inc.

May 30, 2007 09:00 ET

Former White House Cyber-Security Expert Richard A. Clarke to Discuss the Data Loss Epidemic in America

Liquid Machines' CEO Mike Ruffolo and Michael Sheehan, Former Deputy Commissioner of Counter-Terrorism for the NYPD, Will Join Clarke in Reviewing Recent Data Breaches and Offering Advice on Protecting Your Organization's Critical Data

WALTHAM, MA--(Marketwire - May 30, 2007) - Liquid Machines®, Inc., the leader in Enterprise Rights Management (ERM) solutions, today announced that it will be hosting a breakfast networking meeting in Washington, D.C. on June 6, 2007. The meeting, which will feature Richard A. Clarke, the former White House cyber-security czar; Michael Sheehan, the former Deputy Commissioner of Counter-Terrorism for the NYPD; and Michael Ruffolo, president and CEO of Liquid Machines, will bring together a group of security industry experts and interested executives to discuss the growing data loss epidemic -- and how to prevent further public release of sensitive customer/employee data and critical intellectual property information.

"Despite the temptation to use the term 'data breach' as a catch-all for the exposure of Social Security numbers, credit card information and addresses -- a data breach can actually represent a multitude of meanings for different people," said Clarke. "Data breaches resulting in loss of a company's intellectual property can be utterly catastrophic to corporations whose competitive advantage is ensured by trade secrets."

Recent research, such as the "Information Security Survey on Internal Threats" conducted by research organization Zoomerang and Liquid Machines, echoed the commonly-held industry point-of-view that organizations need to protect their sensitive data and critical intellectual property information both inside and outside of the perimeter -- as the findings showed that nearly half (45%) of employees take company data with them when they leave for new jobs (www.liquidmachines.com/infosecuritysurvey).

"If the recent epidemic of data loss incidents at companies such as DuPont and Oracle have taught the market anything, it's that safeguarding critical information requires more than just a firewall and selective encryption," added Ruffolo. "Security policies must be permanently merged with the critical information itself to prevent any unauthorized access or manipulation. We've come a long way since the days of the locked file cabinet -- and companies need to make sure their security solutions have as well."

About the Event:

WHAT: Liquid Machines' Executive Breakfast: The Data Loss Epidemic With special guests Richard A. Clarke and Michael Sheehan.

WHEN: Wednesday, June 6, 2007 from 7:00 a.m. to 9:00 a.m. EDT.

WHERE: Marriott Wardman Park Hotel, Washington, D.C.

WHO: Confirmed invitees only -- seating is limited

For more information, or to request an invitation, please go to: http://www.liquidmachines.com/data_loss_epidemic.

In addition, Liquid Machines is a Silver Sponsor of the 2007 Gartner IT Security Summit, held from June 4-6, 2007 at the Marriott Wardman Park Hotel in Washington, D.C. During the conference, interested parties can see product demonstrations and meet with company executives at booth 115. For more information on the Gartner IT Security Summit, please go to: http://www.gartner.com/2_events/conferences/sec13.jsp.

About the Speakers:

Richard A. Clarke

Richard A. Clarke is an internationally recognized expert on security, including homeland security, national security, cyber security and counterterrorism and is currently an on-air consultant for ABC News. Over the course of an unprecedented 11 consecutive years of White House service, he held the titles of Special Assistant to the President for Global Affairs, National Coordinator for Security and Counterterrorism and Special Advisor to the President for Cyber Security. As Chairman of Good Harbor Consulting, LLC, Clarke advises clients on a range of issues, including corporate security risk management, information security technology and how to deal with the Federal Government on security and IT issues and counterterrorism.

Michael Sheehan

Michael Sheehan is a Principal of Good Harbor Consulting and the former Deputy Commissioner of Counter-Terrorism for the New York Police Department (NYPD). In this role, he was responsible for overseeing counter-terrorism operations in the Department, including terrorism investigations in partnership with the FBI Joint Terrorist Task Force, training and exercises for NYPD personnel and risk assessment and critical infrastructure protection of key sites within New York City. Prior to his tenure with the NYPD, Sheehan served in the U.S. Government for 25 years in the Department of Defense, the Department of State and the White House. He graduated from the United States Military Academy at West Point in 1977 and was commissioned a 2nd Lieutenant in the Infantry. In addition to field training that included Airborne, Ranger and Special Forces qualification, he completed two Masters Degrees, one from the Georgetown University School of Foreign Service and one from the U.S. Army Command and General Staff College.

Michael Ruffolo

Michael Ruffolo brings more than 20 years of experience in global sales and marketing management, professional services, operations and information technology to his role as president and CEO of Liquid Machines. Prior to Liquid Machines, he server as the COO of Akamai, where he successfully refocused the company on the enterprise and government markets, driving double-digit revenue growth while dramatically improving operating results. Prior to Akamai, he was the executive vice president of Global Sales, Services and Marketing at EMC Corporation, where he drove over $8.5 billion in revenue. In addition, Ruffolo was president of the Document Solutions Group at Xerox Corporation, in which he had worldwide operational and profit responsibility for a group delivering annual revenues of more than $3 billion. Before joining Xerox, Ruffolo was vice president and CIO at NCR Corporation. He has been an independent director on both public and private company Boards and currently serves on the Board of Open Service in Westboro, Massachusetts. He is also an Advisory Board member at Virtusa in Westboro, MA and at the CIO Group in New York.

About the Sponsor:

Liquid Machines

Liquid Machines is the leading provider of Enterprise Rights Management (ERM) solutions that persistently protect critical business content and audit usage while enabling collaboration. Liquid Machines' Document Control and Email Control solutions allow companies in the consulting, financial services, government, manufacturing and healthcare industries to share information securely, within any application, wherever it goes, throughout its lifecycle. Liquid Machines ERM solutions help enterprises satisfy today's ever-increasing information security regulations such as Sarbanes-Oxley, NASD 2711, HIPAA and others, as well as implement and practice internal mandates for intellectual property security, product version control, or clinical data protection.

Based in Waltham, Massachusetts, Liquid Machines is privately held and is backed by Atlas Venture, Masthead Venture Partners, Goldman Sachs & Co. and Draper Fisher Jurvetson. For more information on the company and our vision for The Freedom of Security™, visit us at www.liquidmachines.com.

© 2007 Liquid Machines, Inc. All rights reserved. Liquid Machines, Enabling Secure Business, The Freedom of Security, Policy Droplet, Omniva and the Liquid Machines logo are trademarks or registered trademarks of Liquid Machines, Inc. Research in Motion, RIM and BlackBerry are trademarks of Research in Motion Limited. Research in Motion and RIM are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. Product or company names mentioned herein may be the trademarks of their respective owners. The information contained in this document represents the current view of Liquid Machines, Inc. on the issues discussed as of the date of publication.

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