SOURCE: Network Chemistry

May 22, 2006 08:00 ET

Network Chemistry Delivers First Complete Solution to Secure the Mobile Enterprise; Is Named a Red Herring 100 Company

Company's Integrated Products Are Trusted by the World's Most Demanding Enterprises and Government Agencies and Its Free Tools Have Been Downloaded Nearly 1 Million Times

REDWOOD CITY, CA -- (MARKET WIRE) -- May 22, 2006 -- Network Chemistry Inc., the wireless security experts, announced today that it has completed its strongest quarter to date, emerging as a technology and market leader in the rapidly growing wireless security market. The largest companies and security-conscious government agencies continue to select Network Chemistry's solutions. Network Chemistry dramatically increased its customer base across multiple industries; new customers include the Washington State Auditor's Office, Blue Cross of Idaho, and the State of California.

Network Chemistry continues to expand its product line to address all aspects of securing the enterprise from wireless threats. Today the company announced RFprotect™ Scanner, the first network-based vulnerability scanner to protect enterprises from wireless threats, as well as a free, open-source version, RogueScanner™. Network Chemistry's free tools, including BlueScanner™ for performing Bluetooth vulnerability assessments and Packetyzer™ for wireless and wired packet analysis, have been downloaded nearly 1 million times. (Editors note: For more information about RFprotect Scanner, see today's release entitled "Network Chemistry Delivers Industry's First Network-based Vulnerability Management Solution to Protect Enterprises from Wireless Threats.")

The company remains dedicated to the technical community and continues to spearhead the industry's only Wireless Vulnerabilities and Exploits (WVE) database (www.wirelessve.org), which has rapidly become the industry standard for reporting and tracking wireless threats. The site has now served more than 500,000 users and includes more than 100 entries, and dozens of published articles have referenced it as a source. Network Chemistry also launched its Wireless Threat Index™ today, the industry's first report designed specifically to track and reveal trends about the sources and types of wireless threats. The index helps organizations be more proactive about protecting themselves from emerging wireless threats and unsafe networking. (Editors note: See today's release entitled "Network Chemistry Wireless Threat Index Exposes Significant Corporate Risk for Data Loss.")

"The need for complete enterprise-wide wireless security is becoming ever more urgent, as is evident by the rapidly growing demand for our products and the enormous popularity of our free tools and the Wireless Vulnerability and Exploits database," said T. Paul Thomas, CEO of Network Chemistry. "We're committed to staying at the forefront of wireless security and developing products that extend security throughout the mobile enterprise and by providing our customers with the information and tools they need to better understand and mitigate the threats they face."

Honors Recognize Market Leadership

Network Chemistry has garnered several honors and awards since the beginning of 2006. Red Herring has selected the company as a recipient of its annual "Red Herring 100 North America" list, which recognizes new and innovative technology firms and their entrepreneurial founders. (Editors note: See today's release entitled "Network Chemistry Named a Red Herring 100 Winner.") In addition, EE Times selected Network Chemistry as an emerging startup shaping tomorrow's technologies in its 2006 "The Creators" list, citing the company's leadership position in the wireless security market, its award-winning RFprotect product line, and its strong financial position and investment profile. The company was also named as a finalist in Network World's 2006 "Best of the Tests," based on the high performance rating of its free Bluetooth vulnerability assessment tool, BlueScanner.

About Network Chemistry

Network Chemistry is the industry standard for securing the mobile enterprise. The world's most successful enterprises and demanding government agencies trust Network Chemistry's wireless security solutions to prevent attacks, detect vulnerabilities, intrusions and policy violations, accelerate incident response, and conduct surveys for wireless LAN deployment planning. Network Chemistry has received numerous accolades, including being recognized as a Red Herring 100 company, receiving the top score in SC Magazine's "Wireless Security Group Test," as well as its "Global Award," and "5 Star Winner" honors; Network Computing's "Best Value," for two consecutive years; and 802.11 Planet's "Best of Show." The company is headquartered in Redwood City, California. For more information, visit www.networkchemistry.com or call 1-888-952-6477.

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