November 10, 2004

AIRZIP SELECTED TO PARTICIPATE IN IBDNETWORK’S “UNDER THE RADAR” EVENT

File Encryption and Rights Management Leader to Present Solutions and Market Opportunities During Security Track at 10:30am.

CUPERTINO, CA—November 10, 2004—AirZip, Inc., a leading provider of user-friendly file encryption software, today announced that it has been chosen to present at Under the Radar, a one-day event that will take place on November 17, 2004 at the Microsoft campus in Mountain View, Calif. Under the Radar will showcase technology’s early innovators in eight different fast-growing technology sectors, including enterprise management, security, communications, and digital home.

AirZip was handpicked by the IBDNetwork editorial team and Under the Radar advisory board based on its robust technology solutions, market opportunity and unique value proposition.

AirZip FileSECURE is the first user-friendly file encryption and rights management solution to secure any electronic file, including scanned documents, regardless of file format. FileSECURE’s patented technology is designed to be transparent to users while automatically handling encryption, de-encryption, authentication and keys. FileSECURE controls and tracks access to documents both inside and outside of corporate networks. In partnership with Sharp, FileSECURE also ensures automatic security, sending, and tracking of scanned document image files.

“Organizations need an easy and cost-effective way to ensure that only people with the right to access certain information get that information,” said Lee Bauman, president of AirZip. “Mobile computing and the ease of emailing sensitive files have exposed most companies to potentially huge damages due to sensitive or proprietary information leaks or risk of being non-compliant with laws. We have helped organizations around the globe to avoid the pain, embarrassment, loss of reputation, and costs of information losses.”

“Under the Radar is an opportunity for the most exciting emerging private companies to present and receive feedback on their technology and business model from investors and potential strategic partners in a unique, interactive format,” said Debbie Landa, CEO of IBDNetwork. “Our advisory board of VCs and executives from leading technology and service firms evaluated more than 1000 early-stage companies and selected AirZip based on its promising technology and compelling market opportunity.”

To learn more about Under the Radar, visit: http://www.ibdnetwork.com.