Ciphent Expands Management Team

Linthicum Heights, MD. March 2008. Ciphent Inc., an industry leader in Information Security and Secure Software Development, introduced an additional member to its executive management team. Newly appointed member W F McRae Huszagh was recently named Executive Vice President of Sales for the Federal Sector.

"McRae is a proven executive and market maker with an exceptional blend of strategic, analytic, business and leadership skills," said Lee Dudley, Principal and EVP of Sales for Ciphent. "As a close personal friend for over 25years, I have watched McRae successfully create markets and companies in some of the toughest markets and I am excited to finally have him on my team".

McRae is filling a new position within the Company and will work directly with Mr. Dudley in building on Ciphent's already phenomenal growth and recognition within the IT/Security Industry.

Commenting on his appointment, McRae said:

"I am honored and excited to be part of the Ciphent organization and look forward to working with its outstanding team. The solutions, services and partnerships that Ciphent has built and delivered upon offer a true roadmap for organization seeking to successfully address the ever expanding complexity of today's mission critical security infrastructures. To a greater degree, the solutions Ciphent and others within the IT security arena deploy, now and in the future can and will materially impact our ability as a nation to succeed."

Huszagh, who officially took over Federal Sector Sales on February 21, brings over 25 years of both domestic and international experience in establishing and sprearheading market development efforts within leading edge companies focused within the technology sector. Specific technology expertise and sector experience includes document and content management, ERP, CRM, compliance solutions, mobile telecommunications, security infrastructure tools and software development. As a senior executive, Mr. Huszagh brings a 15+ year track record of successfully creating companies, channels and sales teams within the US and EU.

Additionally, Mr. Huszagh has lead the development of longstanding industry partnerships with organizations that included Microsoft, IBM, HP, West Publishing, LexisNexis and major federal contractors including Lockheed Martin, SRA, CACI and EDS. Since 2005 Mr. Huszagh has maintained an active role within the US private equity and venture capital community working with emerging companies in the communications, new media and IT security sectors to develop "go to market" strategies within the commercial, Federal government and SLG sectors.

James Foster expressed the sentiments of everyone on the Management Team in saying, "I speak for everyone at Ciphent when I say we are excited about McRae Huszagh joining our team. His background and experience are a perfect mesh for this organization and our goals in 2008 and beyond."

About Ciphent

Ciphent's suite of security-infused software development, technology integration, and consulting services enable global corporations, government agencies, financial institutions, and more to innovate, extract value, and trust their software and application technology investments. With an industry-leading 25+ publications on application security and software development, extensive experience in the Defense, academia, and private sector, Ciphent's consultants are true experts in their field. Ciphent is a pre-IPO company, headquartered outside of Baltimore, MD. To learn more about Ciphent, please visit www.ciphent.com

For media inquiries or to find the appropriate spokesperson please contact: Hillary Herlehy (pr@ciphent.com)