The latest additions to the Application Security Alliance include: F5 Networks, the leader in Internet Traffic and Content Management; GemStone Systems, Inc., the proven leader in technology and services for eBusiness applications; Rainbow Technologies, a leading provider of security solutions for Internet and eCommerce; Resonate, a leading provider of Internet Services Management business solutions that ensure high availability, performance and control of eBusiness applications; and Secant Technologies, Inc., a leading provider of eBusiness infrastructure.

"Ebusinesses today must choose from a bewildering array of Internet security vendors, products and services," said Debra Nordgren, vice president of business development at Perfecto Technologies. "Attempting to develop a comprehensive security strategy without objective information about interoperability is not only difficult, but potentially dangerous. Most companies have no idea where to begin. The Application Security Alliance is the first organization intended to play the role of 'honest broker' between vendors and eBusiness customers."

"Applications, especially those that are Web-enabled, have been largely overlooked from an IT security perspective. Some of the costliest incidents of fraud and misuse can be directly linked to online application vulnerabilities, which are largely preventable," said Dennis Szerszen, of Hurwitz Group. "Organizations such as the Application Security Alliance play a vital role in improving the overall level of security on the Internet by making it easier for eBusinesses to implement interoperable security programs that effectively protect their Web sites. This Alliance, in particular, is important because it brings together a variety of well-known security vendors as well as eCommerce service, infrastructure and hardware providers."

About The Application Security Alliance
Founded by Perfecto Technologies, the Application Security Alliance is dedicated to increasing awareness of the Web application security problem and expanding the availability of application security solutions to all providers of eCommerce applications. In its first phase, the Application Security Alliance offers a variety of benefits including compliance certification for products and services and opportunities for joint marketing and sales. In its second phase, the Alliance will develop a general framework defining the protocols and APIs that enable the interaction of all application security products with other components in the network of the organization. The alliance will include the design and co-development of required APIs and protocols for enhanced integration and enhanced application-level services.

About Perfecto Technologies
Founded in 1997 and headquartered in Santa Clara, Calif., Perfecto Technologies is the leader in Web Application Security Management software. AppShield, Perfecto Technologies flagship product, is the first to provide extreme security for customer-facing applications in dynamic Web site environments. Perfecto Technologies has customers in many sectors including, banking, e-tailing, finance, government and healthcare. Privately held, Perfecto Technologies is funded by blue-chip venture capital firms and industry leaders, including Sequoia Capital, Walden and Intel Corporation. More information about Perfecto Technologies may be obtained by visiting the Company's Web site at www.perfectotech.com or by calling the Company directly at (408) 855-9500.

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For Immediate Release
Contact:

Kevin Pedraja
Sterling Communications
(408) 441-4100
[email protected]