Santa Clara, CA - August 7, 2000 - Sanctum, Inc. (formerly Perfecto Technologies), the established leader in automated web application control and security software, today announced its partnership with Guarded.Net, a leading information security consulting firm focused on financial services and healthcare institutions in the United States and Canada. Under the terms of the agreement, Guarded.Net will offer Sanctum's industry-leading web application security solutions, AppShield and AppScan, to its customers, as part of its portfolio of total enterprise security solutions.

"Information integrity and privacy is critical for maintaining the confidence of financial services customers and healthcare institution patients," noted Peggy Weigle, CEO of Sanctum. "Sanctum's partnership with Guarded.Net validates the importance of application level security to the market as a whole. Working with Guarded.Net we look forward to supplying the highest level of web application security to these important market segments in Canada and the United States."

"Sanctum's AppShield and AppScan products fit directly into our business goal of providing the best in enterprise security products and services," said Bob Hughes, president and CEO of Guarded.Net. "If a company is doing business on the Internet or protecting a web hosting environment, AppShield and AppScan will provide a level of security that goes beyond firewalls and intrusion detection systems to the highest layer-applications. We at Guarded.Net view these products as unsurpassed in this market segment."

Sanctum is committed to working with the leading security consulting firms in the industry to provide the first and only viable web application security solutions, AppShield and AppScan, as part of a total portfolio of enterprise security solution offerings for eBusinesses. Guarded.Net services include security assessment/risk analysis, security policy development, intrusion detection monitoring and analysis, information security training, penetration testing, and vulnerability scanning services.

About Guarded.Net (www.Guarded.Net)
Guarded.Net was founded in Columbia, South Carolina, in 1997, and, after relocating to Atlanta was incorporated in the State of Georgia in 1999. With a security staff of the highest caliber (most are CISSP certified), Guarded.Net provides total enterprise security solutions. Guarded.Net offers a full range of security services and products, ranging from security assessment and design to implementation services and 24 x 7 security monitoring. Guarded.Net serves clients in the United States and Canada. Guarded.Net strongly believes that security does not solely consist of firewalls and intrusion detection systems, but is a synergy created between appropriate security tools, people, and policies, all strategically aligned in a managed security environment. Specializing in security for Internet hosting and high-speed network environments, Guarded.Net clients include Internet service providers, electronic banking, electronic businesses, health care, service, insurance, and government organizations. More information about Guarded.Net can be obtained by visiting the company's Web site at www.Guarded.Net or by calling the company directly at (404) 880-3373.

About Sanctum, Inc. (www.SanctumInc.com)
Founded in 1997 and headquartered in Santa Clara, Calif., Sanctum, Inc. (formerly Perfecto Technologies) pioneered the market for web application security and control software. Sanctum's software works autonomously and continuously to monitor how individuals interact with web applications. By detecting and defending against any unauthorized behavior, Sanctum prevents web application perversion, even if a site has unknown security holes or flaws. Sanctum's customers include industry leaders in banking, retailing, finance, government, and healthcare. Privately held, Sanctum is funded by blue-chip venture capital firms and industry leaders, including Sequoia Capital, Walden and Intel Corporation. More information about Sanctum may be obtained by visiting the Company's web site at www.SanctumInc.com or by calling the Company directly at (408) 855-9500.

For Immediate Release
Contact:

Kevin Pedraja
Sterling Communications
(415) 749-6550
[email protected]