Santa Clara, Calif. - March 10, 2000 - Perfecto Technologies, the leading developer of Web application security management software, today announced the appointment of Diane Fraiman to the position of vice president of marketing. Drawing on over 22 years of International sales, marketing, channel development and management expertise, Fraiman will oversee all of Perfecto's marketing initiatives including product industry marketing, corporate positioning, brand development, analyst and media relations, and advertising.

"With an excellent track record in building and managing teams to meet the demands of a fast paced technology environment, Diane Fraiman is the ideal choice to lead our marketing efforts. We are delighted to add someone of her caliber to our team," said Peggy Weigle, CEO of Perfecto.

Previously, Fraiman was vice president of corporate marketing at Informix Corporation, where she was the driving force behind the implementation and measurement of marketing programs and services associated with Informix's worldwide business solutions strategy. Fraiman has also held senior management positions at Tektronix, Inc., Sequent Corporation and Digital Equipment Corporation.

"Perfecto represents a fantastic marketing opportunity. By offering the only Internet security solution specifically designed to protect the core application content of Web sites, Perfecto successfully addresses one of eBusinesses' largest concerns," added Fraiman. "Quickly increasing industry awareness of Web application security and the effectiveness of Perfecto's solution will initially be my key focus."

About Perfecto Technologies
Founded in 1997 and headquartered in Santa Clara, Calif., Perfecto Technologies pioneered the market for Web application security management software. AppShield, Perfecto's initial product offering, is the first to provide extreme security for customer-facing applications in dynamic eBusiness environments. The Company has customers in many sectors including banking, etailing, finance, government and healthcare. Privately held, Perfecto is funded by blue-chip venture capital firms and industry leaders, including Goldman Sachs, Intel Corporation, Sequoia Capital, The Sprout Group and Walden Israel. 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.

For Immediate Release
Contact:

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