Cloakware Debuts Award-Winning Enterprise Security Product across Europe

    Industry Leading Technology Meets Global Need for Password Protection

    LONDON, April 23 /CNW/ - Cloakware Inc., the security solutions provider
that makes security inseparable from software, today announced the European
introduction of Cloakware Server Password Manager (CSPM).

    CSPM will now be offered alongside the Cloakware Security Suite and
Cloakware Robustness Solutions in Europe. This international expansion builds
upon CSPM's early success in North America with major financial services
companies and federal agencies. CSPM provides a commercial solution for
organizations to manage their privileged passwords - which control every
operating system, software application and network device. This greatly
reduces the cost, risk and pain of a process that most organizations perform
manually, whilst increasing security and meeting compliance requirements.

    "In this day and age, threats to a company's data security are
unfortunately coming from both within and outside of company walls.
Organizations therefore need a security solution that is inseparable from that
which it protects, and both the Cloakware Security Suite and CSPM deliver upon
that need," said David Canellos, executive vice president of worldwide sales.
"The European market presents Cloakware with another excellent opportunity to
deliver the value of a proactive defense against potential security breaches."

    With the launch of CSPM in Europe, enterprise IT organizations can manage
privileged passwords in addition to eliminating the threat resulting from
hard-coded passwords in applications. CSPM guards against insider security
threats by eliminating the need to share passwords with developers as well as
the need to maintain and re-deploy applications due to a simple password
change. It synchronizes unattended passwords in the data center and mitigates
the risk of server outages due to password changes.

    Leading device manufacturers, semiconductor and telecommunications
companies worldwide already trust Cloakware Security Suite and Cloakware
Robustness Solutions to defend their applications against hackers. Cloakware
Security Suite is a collection of automated tools that protects application
code against reverse engineering, tampering attacks and automated attacks.
Cloakware Robustness Solutions help implement content protection standards to
get to market faster and more securely.

    To learn more about the Cloakware Security Suite, Cloakware Server
Password Manager, Cloakware Robustness Solutions or their expanded European
availability, please visit:

    About Cloakware

    Cloakware is the security solutions provider that makes security
inseparable from the software it protects. From applications and databases
deep inside corporations, to consumer devices like music players, to military
weapon systems, more and more software applications need to protect themselves
from unauthorized user access and tampering. Only Cloakware's patented,
layered, and compliance-driven approach to software self-protection delivers
the trusted environment that the government, enterprise, and consumer markets
require. As a result, Cloakware solutions are on more than 500 million
devices, protecting the assets of some of the world's largest, most
recognizable and technologically advanced companies. The company is
headquartered in Vienna, Va., has offices in Ottawa, Canada and the UK, and
regional sales offices throughout the US.

For further information:

For further information: Cloakware Inc. Heather MacIntosh, +1
866.465.4517 x227 or Schwartz Communications,
Inc. Avi Dines/Katherine Hunter. 781.684.0770

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