SOURCE: Bullzi Security, Inc.

June 26, 2008 10:30 ET

Bullzi Security Signs Contracts With Two Electric Utility Providers for Its WISE NERC CIP Training Course

LAKE MARY, FL--(Marketwire - June 26, 2008) - Bullzi Security Inc. (PINKSHEETS: BLLZ), a leading information security provider, signs contracts with two electric utility providers for its WISE NERC CIP Training Course.

Thomas Welch, co-founder and President of Bullzi Security, says, "In order to meet the training requirements of North American Electric Reliability Council (NERC) Cyber Security Standard, two more electric utility providers have purchased the WISE NERC CIP Training Course. The revenue from these two contracts is just under $100,000 and adds 6,100 new users to Bullzi's growing user base. While the NERC regulation has been driving many of the recent deals, other regulatory programs, such as such as Sarbanes-Oxley (SOX), Gramm-Leech-Bliley Act (GLBA), the Health Insurance Portability and Accountability Act (HIPAA), and the Payment Card Industry Data Security Standard (PCI DSS) have also had a positive impact on WISE sales. Bullzi has been signing contracts for its education software with some of the most prestigious domestic and international companies, which, by itself, highlights the quality of our products. For a complete listing of Bullzi's new clients, go to www.bullzisecurity.com."

Michael Welch, co-founder and Vice President of Bullzi Security, also said, "We're seeing an explosive increase in training initiatives driven by the NERC CIP Standards. Achieving compliance with NERC CIP requires a number of solutions as part of a continuous process and phased rollout. Bullzi Security has the experience in implementing successful security solutions for the utility industry to meet all the NERC CIP compliance requirements. Our last four major deals have been training projects based on NERC CIP 004 as companies are working to meet the June 30, 2008 compliance date. Web-based security awareness programs are the most effective way for employees to increase their level of awareness regarding security. The WISE content is customized for each unique client environment and is easily deployed enterprise-wide. Employee usage can be tracked, while the reporting functions document compliance with the CIP 004 Standard."

Mr. Thomas Welch went on to say, "Bullzi closed 2007 with $1,144,567 in revenue and has made the turn from a growth company to a profitable firm in 1Q08. Bullzi posted first quarter revenues of $296,310, a 25% increase over 1Q07 revenues of $235,911. More importantly, we went from a $68,346 loss in 1Q07 to show a profit in 1Q08. Bullzi Security will be posting 2007 Year-end financials, 1Q08 financials and an updated Disclosure Statement on or before July 8, 2008. Bullzi Security is also forecasting a profitable 2nd quarter. More details about 2Q08 will be available in the July 8th release."

About Bullzi Security Inc.

Bullzi Security is a leader in providing 'converged' security solutions. Through its consulting services and integrated delivery systems, Bullzi Security helps to minimize threats to its clients' assets, facilities, personnel and information systems. As a full service security firm, Bullzi Security offers compliance programs, information security services, physical security solutions, security education programs, document security and investigative services. Bullzi Security brings a unique set of skills and experience to ensure that its clients receive the most comprehensive, cost-effective security services available. The Bullzi Security trading symbol is (PINKSHEETS: BLLZ).

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