SOURCE: High Tower Software, Inc.

September 26, 2007 09:00 ET

High Tower Software Announces New CFO

Defense and Commercial Sector Veteran Greg Catrambone Takes Top Finance Spot at Security Software Development Firm

ALISO VIEJO, CA--(Marketwire - September 26, 2007) - Advanced security software developer High Tower Software, Inc. today announced the appointment of Greg Catrambone as Vice President Finance and Chief Financial Officer. Catrambone is a seasoned executive with more than three decades of experience in finance and business leadership. Prior to joining High Tower he was President and CEO of El Monte, California-based defense contractor Sargent Fletcher, Inc. He has also held senior-level financial positions with firms such as Varco Marine, U.S. Rentals and Deloitte and Touche.

"I'm pleased that Greg made the decision to join our management team," said High Tower chief executive Cleve Adams. "His financial insights and outstanding track record in the defense and commercial sectors are a real asset to a fast-growing organization like ours."

High Tower Software manufactures a specialized line of software systems known as "Security Event Managers" (SEMs). SEMs are essentially sophisticated pattern recognition systems that simultaneously monitor hundreds of computer network security systems and detect unusual activities, which by themselves may go unnoticed, but collectively could indicate attacks or break-in attempts.

The bulk of High Tower's clients are defense or government agencies, large educational institutions, and corporations with "high value assets" such as banking and finance, healthcare and retail and commercial operations.

In his role, Catrambone will be responsible for all financial and fiscal management aspects of High Tower's global operations, and will provide leadership in the planning, administrative, accounting and budgeting efforts of the company. His appointment is effective immediately.

About High Tower

High Tower is a global provider of information security products providing real-time visibility, alerts, and reports on network threats and organizational policy violations. Established in 1999 with technology originally developed at NASA, High Tower's award-winning line of Security Event Management (SEM) appliances with proprietary analytics, MetaRules™, simplify the process of analyzing and managing large volumes of network and security data. Designed by industry recognized security experts, High Tower solutions deliver a unified security console, streamline security operations, improve attack identification, speed incident response, and help to implement the controls necessary to meet regulatory compliance requirements for information security. Based in Orange County, California, High Tower has 60 employees including regional offices in Atlanta, Boise, Chicago, Dallas, Detroit, Sacramento, and Washington, D.C., plus a worldwide network of resellers. For more information, visit www.high-tower.com or call 877-HI TOWER (877-448-6937).

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