"The agreement with Neptune Technologies is an excellent addition to our growing list of strategic alliances," said Debra Nordgren, Perfecto's Vice President of Business Development. "With the explosive growth in the B2B marketplace, Internet security is becoming a tremendous concern, particularly in areas such as intellectual property and brand protection. By combining our innovative Web application security technology with Neptune's expertise in systems integration, we can provide eBusinesses with powerful and extremely secure B2B eCommerce solutions."

The partnership with Neptune Technologies represents an important step in Perfecto's overall B2B strategy. As more companies move their corporate assets to online applications, the risk of espionage in the areas of products, patents, personnel files, financial records and customer data becomes an increasingly large threat. Perfecto's Web application security products are designed to provide end-to-end application-level protection for a B2B company's entire supply chain process.

"Neptune is committed to helping companies rapidly implement successful B2B eCommerce solutions and achieve critical mass at Internet speeds," commented Tim Burr, Vice President of Marketing of Neptune Technologies. "AppShield provides a much-needed layer of Web application security, yet it can be implemented easily and doesn't impact time-to- market. We are very pleased to include it in our Internet security offerings."

About AppShield
Based on Perfecto's innovative Policy Recognition Engine and Adaptive Reduction Technology, AppShield is uniquely able to prevent application-level intrusions. By dynamically recognizing a site's intended application security policy and analyzing each outbound HTML page on the fly, AppShield ensures policy compliance for each incoming HTTP request. As a result, AppShield makes it nearly impossible for hackers to take advantage of common security loopholes; either in the application code or within widely used third-party products such as web servers. AppShield can be installed quickly, needs little configuration and does not require modification to either existing eBusiness applications or third-party software.

About Neptune Technologies (www.neptune-tech.com)
Neptune Technologies is a leading Internet solutions provider with a unique focus on enabling business-to-business (B2B) eCommerce. By partnering with Neptune, clients can capture first-mover advantage and achieve critical mass at Internet speeds. Neptune solutions are a complex orchestration of software, technologies and business enablers. Neptune puts them together for their customers in an optimal fashion. We build flexible, scalable, extensible and fully integrated solutions that are custom tailored to your needs. We use client-proven expertise and our one-of-a-kind Acceleration Chamber to rapidly prototype and custom-configure your e-business. That minimizes the time from idea to value realization.

About Perfecto Technologies (www.perfectotech.com)
Founded in 1997 and headquartered in Santa Clara, Calif., Perfecto Technologies pioneered the market for Web Application Security Management software. AppShield, Perfecto Technologies flagship product offering, 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, retailing, 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) 352-2000.

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For Immediate Release
Contact:

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